Certified Appraisals

Our professional appraisers help you put the right price on your assets including machinery, equipment and personal property. We offer an analysis of your assets and inventory with an accurate overview at the manufacturing, wholesale, or retail level.  We are committed to continuous education for our appraisers in order to remain up to date on any changes that will affect your appraisal.

We will review your personal situation and make the recommendations that will suit your needs. Appraisals can be based on:

  • Forced liquidation value (auction) – This brings you the best bidding price at auction which is equal to about 25 cents on the dollar of fair market value (FMV).
  • Orderly liquidation value (OLV) – If you need to sell items within 90 days this process provides 50 to 70 cents on the dollar of FMV.
  • Fair Market Value (FMV) – This is the full price sale based on our appraisal.

Our certified appraisers work with you to ensure we understand the details of your project. After our initial consultation, our site visit will assess your fixed assets and/or inventory to determine their age, condition, and functional and economic obsolescence. Our certified team will then perform a thorough analysis of the necessary management and inventory reports. We will review pricing information looking at multiple sources such as equipment journals, online publications, used equipment dealers, and of course our own auction and liquidation archives.

You will receive a full report of the appraisal process covering the estimated value of your fixed assets and/or inventory. Appraisals take several factors into consideration including general market conditions, marketability and timing issues, technological issues, and market trends and prices.

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SURPLUS MERCHANDISE

Surplus Merchandise

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Michaels Global Trading

114 - 65 Shuter Street, Toronto, Ontario, M5B 1B2, Canada

sales@michaelsglobaltrading.com
647-821-9961