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While the Kids Are Away, the Appraisers Will Play

July 30, 2014

NEBBI ClassroomThere’s a long-held notion that when school lets out for summer vacation, the last person out slaps a padlock on the door and it remains empty and silent until classes resume in the fall. But summer is often the busiest time for schools, even if it doesn’t appear so to the outside world.

Summer is when many schools do a lot of upgrading, and the reason is obvious — it’s too much of a challenge to put on a fresh coat of paint, install new lockers in the locker rooms, or make the switch from chalkboards to white boards when there are kids running around all day. In the peace and quiet of summer, schools can get quite a bit done in preparation for September.

Of course, when it’s a case of out with the old and in with the new, something needs to be done with the old. And whether the older desks and bookcases are sold to other schools or donated elsewhere, it’s important to know the value. That way, whether the school is realizing money from a sale or accepting a tax write-off, they’ll have a documented appraisal to back it up.

If you’re a school administrator and you’re in need of an equipment or machinery appraisal, start by contacting the NEBB Institute today!

The NEBB Institute endorses and strives to observe the highest standards of professional ethics to preserve the public trust inherent in the professional appraisal practice. The Institute provides initial and monthly comprehensive education, ongoing support, and a dynamic international network, and certifies professionals in the art of machinery/equipment appraisal and brokerage.

By: NEBB Institute

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