EQUIPMENT LISTS
Equipment Lists in Tractor Zoom Pro are designed to actively monitor the value of equipment tied to a farmer or business, unburdening your team with the task of keeping up with changing market values, or manually redoing assessment work year after year.
HOW YOU BENEFIT
Ag lenders responsible for valuing farm equipment typically appraise entire fleets of equipment and re-evaluate the machinery on a periodic basis. Equipment Lists, which build upon the benefits of equipment search, streamline recurring valuations by saving all pieces of equipment tied to a farm or business, alongside relevant comps and their values, within Tractor Zoom Pro.
The Equipment Lists structure ensures everyone is performing valuations or appraisals in the same manner, regardless of the title, tenure, or location of the individual or team.
Once an Equipment List is created, values are updated automatically, replacing the manual work of identifying current values as the market changes. It’s an essential tool for monitoring the value of the portfolio and ensuring the organization is in a position to manage its existing risk and adjust accordingly.
Building an Equipment List and saving it in one location adds transparency to how values were calculated, helping organizations create traceability for audit, exam, or regulation requirements.
Automated valuations are proven to increase efficiency 60-85% and enable you to spend more time closing new loans and servicing existing accounts.
The Tractor Zoom Pro App for Equipment Lists is the ultimate digital solution for standardized field inspection workflow, accurate data collection, and seamless syncing to Equipment Lists.
Designed for the modern workforce, Iron Comps provides all the accuracy, efficiency, and profitability of a big data platform while still quickly adapting to a business’ preferred processes.
Sale data on heavy equipment is just that, data. Iron Comps provides value by translating data into actionable insights that can be leveraged to make profitable business decisions.
See how Equipment Lists is an essential tool for monitoring the value of the portfolio.
ADDITIONAL RESOURCES
FREQUENTLY ASKED QUESTIONS
What data fuels the Tractor Zoom Pro database?
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What information should I expect of equipment comparables in Tractor Zoom Pro?
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How often is the Tractor Zoom Pro database updated?
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