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Heavy equipment appraisers you can trust

There are different types of appraisals, several reasons why you may need one, and many factors that can impact current values.

Do you need an appraisal?

Construction Vehicle

Black Star's appraisal team has strong visibility in construction, transportation, mining, agriculture, and oilfield services related industries. Our appraisers have a solid reputation, decades of experience, and have delivered thousands of defensible, formal appraisal reports to our customers. Every report is unbiased and credible, and prepared in compliance with the Uniform Standards of Professional Practice (USPAP).

Request An Appraisal

Reasons you may need an appraisal:

  • Equipment & business sale
  • Financing
  • Nationwide DOT pre-qualification/bonding
  • Liquidations
  • Financial reporting – internal review
  • Dispute resolution
  • Estate planning
  • Court ordered
  • Insurance value

Appraisal types

To get the right professional appraisal for your needs, check out each of the four types below for more information.
If you're not sure which one you need, then let our Chief Appraisal Officer help. Call Lynn Schroeder at 309-361-5101.

  • Fair Market Value (FMV) — For a sale of business, estate tax planning, insurance, bankruptcy, litigation
  • Forced Liquidation Value (FLV) — For a forced sale of assets (auction)
  • Orderly Liquidation Value (OLV) — For an orderly sale of assets

An Un-inspected Appraisal uses data supplied to the appraiser via the engaged client or company contact. No onsite inspection. The most cost-effective and time-efficient appraisal.

A Hybrid Appraisal includes inspections of a representative sampling of assets, combined with an un-inspected (Desktop) report. Provides flexibility with pricing and timing. Report produced will meet client’s due diligence.

An Asset Verification verifies that assets exist and are at the specified location. Report includes pictures, descriptions, locations, and conditions.

What our customers say...

“Thanks Mike. I appreciate you and Lynn, and all Black Star. It was the best business decision I have made. It was very hard to do, but it was the right one. I’m very happy with the efforts of Black Star and wouldn’t have changed anything.”

Jim H.

“Our partnership with Black Star has delivered great results. Initially having a positive buying experience resulted in us taking a leap of faith and selling our equipment with them. The trust we placed in their team paid off, and the level of communication from inspection through to the sale, meant we were informed every step of the way. The entire process was uncomplicated, transparent, and convenient. This company did exactly what they said they would do, and more.”

shane e.

Contact our Chief Appraisal Officer to discuss your specific appraisal needs

Lynn is responsible for assisting customers in selling and buying industrial assets, sourcing, and working large equipment deals in construction, mining, transportation, and oilfield industries. He has 35+ years of experience in the industrial equipment appraisal and auction market. He is a licensed Auctioneer and a Certified Senior Appraiser (CSA), also an Officer with the Equipment Appraisers of North America (EANA).

Contact Lynn at 309-361-5101 or

Chris Jarosz, Black Star

Lynn Schroeder
Chief Appraisal Officer and Auctioneer