Reid’s Auction Canada’s Asset Valuation Process.
Reid’s Auction Canada provides guaranteed and CPPAG certified appraisal services throughout Canada. Our extensive experience allows our clients to rely on rapid, professional and precise asset valuations for the intention of re-marketing and/or financing. With an extensive database of current market prices, and up-to-date data of direct product sales, Reid’s Auction Canada holds
Approximately 100 live auctions each year.
Reid’s Auction Canada has evaluated a wide range of machinery and equipment inventories, personal property and intangibles (e.g. customer lists and leases). We provide many different types of appraisals including:
- Fair market value
- Forced sale value
- Orderly liquidation value
- Depreciated replacement cost
Reid’s clients rely on appraisals for many types of financing, including mortgages, loans, asset disposal and insurance evaluations. Reid’s Auction Canada offers our own capital as a net minimum guarantee and/or an outright purchase option for all of our forced sale value appraisals and orderly liquidation appraisals.