MTS Journal

2009  •  Volume 25  •  Issue 2

This volume of the Journal discusses advanced concepts which may influence the way valuations are performed in the future. This issue is the last for Editor Doug Krieser who encourages continued support to enhance the knowledge base of the profession.
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Articles from this Issue

  • Editor's Update

Editor’s Corner

Final message as Editor of the M&TS Journal.
PAGE 4 Douglas R. Krieser, ASA MRICS
  • MTS Chair Update

Chairman's Perspective

As my term as MTS Committee Chair draws to a close I want to thank you for allowing me the privilege of serving as Committee Chair.
PAGE 5 V. Neil Thompson, ASA
  • MTS Governors Update

Letter from MTS Governor

In March, ASA-MTS, in conjunction with the Association of Machinery and Equipment Appraisers, AMEA, held a successful joint APPRAISAL FORUM at Chicago O’Hare’s Westin Hotel.
PAGE 6 Jack Washbourn , ASA
  • Journal Article

The Value of Writing

Writing is of value to appraisers for the following reasons; It enhances the expertise of the appraiser, encourages authorship, encourages sharing knowledge and ASA provides reaccreditation credit for journal articles.
PAGE 8 John S. Ferguson, PE, ASA, CDP
  • Journal Article

Don’t Forget the Website in Asset Appraisal

This article discusses industry trends in website use and valuation.
PAGE 10 Catherine J. Rein, MBA, AM
  • Journal Article

Principals of Mineral Processing: Listing and Valuing Continuous Mills

This article discusses the process of listing and valuing continuous mills.
PAGE 14 Alan C. Iannacito, ASA, CEA
  • Journal Article

On Survivor Curves and Equipment Life Expectancy

This article is a commentary on Richard K. Ellsworth's article on Survivor Curves and Equipment Life Expectancy which addresses the use of Iowa-type survivor curves for determining equipment life expectancy.
PAGE 19 John S. Ferguson, PE, ASA, CDP
  • Journal Article

Fair Market Value in Continued Use

Writing is of value to appraisers for the following reasons; It enhances the expertise of the appraiser, encourages authorship, encourages sharing knowledge and ASA provides reaccreditation credit for journal articles.
PAGE 21 Michael J. Remsha, P.E., ASA, CMI
  • Journal Article

Mobile Cranes – Is the Sky Falling? Current Market Observations

Crane values had risen steadily over the past two years through the end of 2008. In this time frame, we had experienced enormous demand and the market reacted accordingly.
PAGE 27 Joseph M. Santora, ASA
  • Journal Article

Retirement Dispersion and Appraisal Depreciation

The recognition of appraisal depreciation considers the progressive decline in value as operational use, exposure to the elements, and changes in the technical and economic environment diminish the worth of an asset.
PAGE 29 Richard K. Ellsworth, PE, ASA, CFA, CCE
  • Journal Article

Personal Property Tax Appeals / Valuation

This paper highlights valuation issues for personal property using the 3 approaches to value recognizing their limitations, identifying and quantifying obsolescence, “highest and best” use analysis, and “real or personal” property delineation.
PAGE 34 Dennis C. Neilson, CMI, P.E., ASA and Michael J. Remsha, CMI, P.E., ASA
  • Journal Article

Random Thoughts on the Market

This article ponders “What’s happening to the market?”, “Where’s the market?” and seeks to identify the answer to these questions. The problem is, there isn’t just one market; there are many.
PAGE 42 Mike Clark
  • Journal Article

Appraisal Matters... with Wells Fargo Business Credit & Wholesale Bank

This economic turmoil has created a “perfect storm” causing values to drop in the last six months. Attendance at auctions is down as is the ability to secure financing. Most issues affecting value today will be with us for some time.
PAGE 45 Dave Evans