HeavyWorth offers a variety of solutions to streamline the equipment appraisal process. These solutions are frequently provided in various combinations but all essentially fit into two buckets — software and services. Our software and mobile apps make it easy to capture information and organize it into reports to present to clients or for archival purposes. Our services are an efficient way to assign trusted values to equipment. Some of our clients employ a mixture of both our software and our services, while some only use one or the other.
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When you're searching for an app for doing heavy equipment appraisals, it's crucial to understand what is important to look for. Apps for general personal property appraisals probably aren't going to function nearly as well as an app specifically for appraisals of construction equipment, ag equipment, fleet vehicles and other heavy equipment. Consider the following list of must-have features when searching for a heavy equipment valuation app.
I've mentioned before that I operate a small farm when I'm not working for HeavyWorth. I recently installed a new electronic fertilizer flow monitoring system on an old planter. The value of this new fertilizer system is equal to a substantial percentage of what I recently paid for the old planter. I have no real need to assign a value to this planter any time soon, but I started thinking about how the value of an asset can be changed in ways that aren't related to specs, usage or age.
Our newest developer, Wolf Norgren joined HeavyWorth in the fall of 2021. Since then, he's been working on data analysis and making improvements to our back-end tools and our mobile apps.
Wolf was born and raised in Omaha. He graduated from the University of Nebraska—Lincoln with a Bachelor's of Science in Electrical Engineering and a minor in mathematics.
Lenders look to HeavyWorth to organize entire equipment inventories into catalogs with everything they need to know about their clients’ collateral. We provide trusted, third-party evaluations so lenders and business owners can get past the possibly contentious step of putting prices on assets and focus on the important tasks of financing business operations.
At HeavyWorth, we work with a lot of evaluators. In conversations both with the users of our software platform as well as our own evaluators one thing is clear — they all require a minimum amount of information to assign a value to a piece of equipment.
We've made a few minor — but important — changes and fixed a fair number of bugs in the latest releases of the HeavyWorth apps. Read on to see what we've been up to.
When valuing used construction equipment, ag equipment or fleet assets for trade-in, estate planning, financial or other reasons, it's crucial that the appraisal is for the actual asset and not a hypothetical asset that has a matching set of specs and usage.
The HeavyWorth platform streamlines the valuation process, making it easier to assign accurate values to used equipment by organizing all the information in one place. We've examined how HeavyWorth saves time and improves accuracy for dealerships when they first value possible trade-ins, but today let's see how HeavyWorth's ability to catalog and store information can help with subsequent valuations of the same equipment for not only dealerships but other industries.
We've been working hard the last few months. Keep reading to see what's changed for HeavyWorth on the web and on your phone.