Pacific Asset Services - Leaders in Professional Asset Valuation Reports and Asset Appraisal




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  about us

Tony Taylor is the Director of Pacific Asset Services Pty Ltd, a Newcastle based valuation company. Tony has over 13 years experience in valuing and appraising a wide variety of business assets covering many diverse industries including manufacturing, retail, construction, primary industries and mining.

Tony obtained full membership with the Auctioneers Valuers Association of Australia in 2000 and in 2007 successfully passed the ‘Uniform Standards of Professional Appraisal Practice’ examination. USPAP is an internationally recognized valuer’s qualification that sets high standards of professionalism with the aim of increasing client confidence by producing clear, concise and credible valuations without bias or contingent fees.

Additionally further specialised training with the Australian Property Institute and American Society of Appraisers has been successfully completed.

Tony is an (ASA) Accredited Senior Appraiser with the American Society of Appraisers (Machinery and Technical Specialist Division) and an application has been lodged for full membership with the Australian Property Institute.

Mark Jones has spent over 20 years in the automotive, fuel and retail industries including overseeing multi million dollar businesses as the General Manager of company subsidiaries. Mark has held management positions in franchising, training, marketing and production and has had considerable experience in OH&S, asset management, HR, credit control, accounting and business analysis.

Graduating with a bachelor degree in Chemical Engineering provides an analytical appreciation of both the technical and business aspects of commerce and industry.

Mark has spent the past two years working with Pacific Asset Services and successfully achieved USPAP compliance in 2007. Further technical training has been successfully completed with the Auctioneers & Valuers Association of Australia (AVAA) and the American Society of Appraisers.

Mark is an (AM) Accredited Member of the American Society of Appraisers (Machinery & Technical Specialist Division).


 

our qualifications

USPAP

The Uniform Standards of Professional Appraisal Practice (USPAP) standards and code of ethics is one of the few internationally recognized and accepted systems available to professional valuers.

It details the necessary steps and reporting requirements that need to be adhered to for all practicing appraisers - both for real and personal property valuers.

 

To be compliant with USPAP valuers must:

  • Act ethically and impartially
  • Not accept an assignment with a predetermined valuation opinion
  • Not accept contingent fees
  • Protect the confidentiality of their client and ensure that confidential information is not disclosed to anyone other than the client
  • Always consider the three approaches to value
    Collect, verify, analyse all available information in order to determine a credible opinion of value
  • Clearly state any limiting conditions or assumptions made during the valuation
  • Write reports that are concise and which can be easily followed and clearly understood by the client

 
In short USPAP is designed to “promote and maintain a high level of public trust in valuation practice by establishing minimum requirements for appraisers. Valuers must develop and communicate their analysis, opinions and conclusions to clients and intended users of their services in a manner that is both meaningful and not misleading”. (Appraisal Standards Board USPAP Publication July1, 2006)
American Society of Appraisers


Transcribed from the ASA website http://www.appraisers.org/

About the ASA

“The American Society of Appraisers is an organization of appraisal professionals and others interested in the appraisal profession. International in structure, it is self-supporting and independent. The oldest and only major appraisal organization representing all of the disciplines of appraisal specialists, the society originated in 1936 and incorporated in 1952.

“The American Society of Appraisers is committed to fostering professional excellence in its membership through education, accreditation, publication and other services. Its prestige is intended to contribute to the growth of its membership and to the appraisal profession.”

When you hire an ASA-accredited appraiser, you are assured the best valuation expertise on the market, because ASA-accredited appraisers bring knowledge of the market and profession, experience, and solid reputation to the job. “

Why is it important to get a professional appraisal?

“In the appraisal world as is true everywhere else—you get what you pay for. Accredited appraisers take time to research the background of your possessions and understand the market for them. Qualified appraisers do not guess at values on the spot.
 
There are many people who call themselves appraisers but who are not accredited and have no formal training. It is important to hire an appraiser who is accredited by a reputable valuation organization like the American Society of Appraisers (ASA). Members of ASA adhere to the strictest ethical standards and are required to have years of experience, education and training before they are accredited. “
     
  To contact Pacific Asset Services email or phone 02 49557600