I am pleased to announce that I was recently awarded the Accredited Senior Appraiser (ASA) designation by the American Society of Appraisers. The concentration of my designation is in real estate valuations but I am expanding into business valuations. ASA accreditation is one of the most highly regarded and widely recognized credentials for … [Read more...]
Allocating Value: Tangible vs. Intangible Assets
The subject of a recent appraisal required me to form an opinion of the market value of the going concern of a business enterprise. As it turns out, the value of the business was significantly higher than the value of the underlying real estate asset. Most of the difference was attributable to intangible assets of the business enterprise (supplier … [Read more...]