{"id":7691,"date":"2020-12-17T08:41:58","date_gmt":"2020-12-17T13:41:58","guid":{"rendered":"https:\/\/www.itadsummit.com\/?page_id=7691"},"modified":"2020-12-17T08:41:58","modified_gmt":"2020-12-17T13:41:58","slug":"itad-blog-fair-market-value-is-not-really-fair","status":"publish","type":"page","link":"https:\/\/www.itadsummit.com\/index.php\/itad-blog-fair-market-value-is-not-really-fair\/","title":{"rendered":"ITAD Blog:  Fair Market Value is not really &#8220;Fair&#8221;"},"content":{"rendered":"<h1>\n\t\tITAD Blog\n\t<\/h1>\n<h6>\n\t\tFair Market Value is Not Really &#8220;Fair&#8221;\n\t<\/h6>\n\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/www.itadsummit.com\/wp-content\/uploads\/bb-plugin\/cache\/Value-circle.jpg\" alt=\"Value\" itemprop=\"image\"  \/>\n\t<h1>ITAD Blog<\/h1>\n<h3><strong>FAIR MARKET VALUE IS NOT REALLY &#8220;FAIR&#8221;<\/strong><\/h3>\n\t<p>Should FMV stand for Fake Market Value?<\/p>\n<p>When I joined the industry 20 years ago, most remarketing happened on a consignment basis. Revenue share arrangements took the guesswork out of getting a fair deal. Reports showed the actual sale price of equipment. There was perfect transparency. Incentives were aligned. You got shortchanged only if your service provider took excessive deductions (remember when they charged $25 for no power cord?).<\/p>\n<p>Fast forward to today. Most remarketing happens on a Fair Market Value basis. FMV is supposed to be an accurate assessment of what a piece of equipment would sell for if sold today. Service providers have ultimate control as they set the value for the equipment they buy from you. Unfortunately, FMV is it is anything but fair and you are likely leaving a lot of money on the table.<\/p>\n<p>The main problem with FMV is that it is a completely made-up number. FMV is the lowest price a service provider thinks you\u2019ll accept before you will look elsewhere. In other words, fair market value is the lowest price an ITAD thinks they can get away with. It is no wonder why some refer to FMV as Fake Market Value or Fools Market Value.<\/p>\n<p>It is time to drop the \u201cfair\u201d from FMV. Take a moment to get \u201cmarket value\u201d instead.<\/p>\n<p>Nobody would sell a car without doing a little comparison shopping. Instead of FMV,\u00a0get bids. You will be surprised to learn the real value of your equipment. RFQs are quick and easy when you leverage purpose-built tools like the ITADCentral marketplace.<\/p>\n<p>Put \u201cfair\u201d back in your ITAD process. Eliminate FMV and you will see a big payoff.<\/p>\n<p><strong>\u200b<\/strong><\/p>\n<p><em>Author: ITAD Central<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p class=\"post-excerpt\" class=\"post-excerpt\">ITAD Blog Fair Market Value is Not Really &#8220;Fair&#8221; ITAD Blog FAIR&hellip;<\/p>\n<div class=\"link-more\"><a href=\"https:\/\/www.itadsummit.com\/index.php\/itad-blog-fair-market-value-is-not-really-fair\/\">Continue reading<span class=\"screen-reader-text\"> &#8220;ITAD Blog:  Fair Market Value is not really &#8220;Fair&#8221;&#8221;<\/span>&hellip;<\/a><\/div>\n<div class=\"link-more\"><a href=\"https:\/\/www.itadsummit.com\/index.php\/itad-blog-fair-market-value-is-not-really-fair\/\">Continue reading<span class=\"screen-reader-text\"> \"ITAD Blog:  Fair Market Value is not really &#8220;Fair&#8221;\"<\/span>&hellip;<\/a><\/div>","protected":false},"author":7,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-7691","page","type-page","status-publish","hentry","entry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>ITAD Blog: Fair Market Value is not really &quot;Fair&quot; - ITAD Summit - Las Vegas - August 2026 - Conference<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.itadsummit.com\/index.php\/itad-blog-fair-market-value-is-not-really-fair\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ITAD Blog: Fair Market Value is not really &quot;Fair&quot; - ITAD Summit - Las Vegas - August 2026 - Conference\" \/>\n<meta property=\"og:description\" content=\"ITAD Blog Fair Market Value is Not Really &#8220;Fair&#8221; ITAD Blog FAIR&hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.itadsummit.com\/index.php\/itad-blog-fair-market-value-is-not-really-fair\/\" \/>\n<meta property=\"og:site_name\" content=\"ITAD Summit - Las Vegas - August 2026 - Conference\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.itadsummit.com\/wp-content\/uploads\/bb-plugin\/cache\/Value-circle.jpg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.itadsummit.com\/index.php\/itad-blog-fair-market-value-is-not-really-fair\/\",\"url\":\"https:\/\/www.itadsummit.com\/index.php\/itad-blog-fair-market-value-is-not-really-fair\/\",\"name\":\"ITAD Blog: Fair Market Value is not really \\\"Fair\\\" - ITAD Summit - Las Vegas - August 2026 - Conference\",\"isPartOf\":{\"@id\":\"https:\/\/www.itadsummit.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.itadsummit.com\/index.php\/itad-blog-fair-market-value-is-not-really-fair\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.itadsummit.com\/index.php\/itad-blog-fair-market-value-is-not-really-fair\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.itadsummit.com\/wp-content\/uploads\/bb-plugin\/cache\/Value-circle.jpg\",\"datePublished\":\"2020-12-17T13:41:58+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.itadsummit.com\/index.php\/itad-blog-fair-market-value-is-not-really-fair\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.itadsummit.com\/index.php\/itad-blog-fair-market-value-is-not-really-fair\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.itadsummit.com\/index.php\/itad-blog-fair-market-value-is-not-really-fair\/#primaryimage\",\"url\":\"https:\/\/www.itadsummit.com\/wp-content\/uploads\/bb-plugin\/cache\/Value-circle.jpg\",\"contentUrl\":\"https:\/\/www.itadsummit.com\/wp-content\/uploads\/bb-plugin\/cache\/Value-circle.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.itadsummit.com\/index.php\/itad-blog-fair-market-value-is-not-really-fair\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.itadsummit.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"ITAD Blog: Fair Market Value is not really &#8220;Fair&#8221;\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.itadsummit.com\/#website\",\"url\":\"https:\/\/www.itadsummit.com\/\",\"name\":\"ITAD Summit - Las Vegas - August 2026 - Conference\",\"description\":\"ITAD Summit - Las Vegas - August 2026 - Conference\",\"publisher\":{\"@id\":\"https:\/\/www.itadsummit.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.itadsummit.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.itadsummit.com\/#organization\",\"name\":\"ITAD Summit - Las Vegas - August 2026 - Conference\",\"url\":\"https:\/\/www.itadsummit.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.itadsummit.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.itadsummit.com\/wp-content\/uploads\/2025\/09\/ITAD-white-and-red.png\",\"contentUrl\":\"https:\/\/www.itadsummit.com\/wp-content\/uploads\/2025\/09\/ITAD-white-and-red.png\",\"width\":744,\"height\":289,\"caption\":\"ITAD Summit - Las Vegas - August 2026 - Conference\"},\"image\":{\"@id\":\"https:\/\/www.itadsummit.com\/#\/schema\/logo\/image\/\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"ITAD Blog: Fair Market Value is not really \"Fair\" - ITAD Summit - Las Vegas - August 2026 - Conference","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.itadsummit.com\/index.php\/itad-blog-fair-market-value-is-not-really-fair\/","og_locale":"en_US","og_type":"article","og_title":"ITAD Blog: Fair Market Value is not really \"Fair\" - ITAD Summit - Las Vegas - August 2026 - Conference","og_description":"ITAD Blog Fair Market Value is Not Really &#8220;Fair&#8221; ITAD Blog FAIR&hellip;","og_url":"https:\/\/www.itadsummit.com\/index.php\/itad-blog-fair-market-value-is-not-really-fair\/","og_site_name":"ITAD Summit - Las Vegas - August 2026 - Conference","og_image":[{"url":"https:\/\/www.itadsummit.com\/wp-content\/uploads\/bb-plugin\/cache\/Value-circle.jpg","type":"","width":"","height":""}],"twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.itadsummit.com\/index.php\/itad-blog-fair-market-value-is-not-really-fair\/","url":"https:\/\/www.itadsummit.com\/index.php\/itad-blog-fair-market-value-is-not-really-fair\/","name":"ITAD Blog: Fair Market Value is not really \"Fair\" - ITAD Summit - Las Vegas - August 2026 - Conference","isPartOf":{"@id":"https:\/\/www.itadsummit.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.itadsummit.com\/index.php\/itad-blog-fair-market-value-is-not-really-fair\/#primaryimage"},"image":{"@id":"https:\/\/www.itadsummit.com\/index.php\/itad-blog-fair-market-value-is-not-really-fair\/#primaryimage"},"thumbnailUrl":"https:\/\/www.itadsummit.com\/wp-content\/uploads\/bb-plugin\/cache\/Value-circle.jpg","datePublished":"2020-12-17T13:41:58+00:00","breadcrumb":{"@id":"https:\/\/www.itadsummit.com\/index.php\/itad-blog-fair-market-value-is-not-really-fair\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.itadsummit.com\/index.php\/itad-blog-fair-market-value-is-not-really-fair\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.itadsummit.com\/index.php\/itad-blog-fair-market-value-is-not-really-fair\/#primaryimage","url":"https:\/\/www.itadsummit.com\/wp-content\/uploads\/bb-plugin\/cache\/Value-circle.jpg","contentUrl":"https:\/\/www.itadsummit.com\/wp-content\/uploads\/bb-plugin\/cache\/Value-circle.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/www.itadsummit.com\/index.php\/itad-blog-fair-market-value-is-not-really-fair\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.itadsummit.com\/"},{"@type":"ListItem","position":2,"name":"ITAD Blog: Fair Market Value is not really &#8220;Fair&#8221;"}]},{"@type":"WebSite","@id":"https:\/\/www.itadsummit.com\/#website","url":"https:\/\/www.itadsummit.com\/","name":"ITAD Summit - Las Vegas - August 2026 - Conference","description":"ITAD Summit - Las Vegas - August 2026 - Conference","publisher":{"@id":"https:\/\/www.itadsummit.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.itadsummit.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.itadsummit.com\/#organization","name":"ITAD Summit - Las Vegas - August 2026 - Conference","url":"https:\/\/www.itadsummit.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.itadsummit.com\/#\/schema\/logo\/image\/","url":"https:\/\/www.itadsummit.com\/wp-content\/uploads\/2025\/09\/ITAD-white-and-red.png","contentUrl":"https:\/\/www.itadsummit.com\/wp-content\/uploads\/2025\/09\/ITAD-white-and-red.png","width":744,"height":289,"caption":"ITAD Summit - Las Vegas - August 2026 - Conference"},"image":{"@id":"https:\/\/www.itadsummit.com\/#\/schema\/logo\/image\/"}}]}},"_links":{"self":[{"href":"https:\/\/www.itadsummit.com\/index.php\/wp-json\/wp\/v2\/pages\/7691"}],"collection":[{"href":"https:\/\/www.itadsummit.com\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.itadsummit.com\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.itadsummit.com\/index.php\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.itadsummit.com\/index.php\/wp-json\/wp\/v2\/comments?post=7691"}],"version-history":[{"count":2,"href":"https:\/\/www.itadsummit.com\/index.php\/wp-json\/wp\/v2\/pages\/7691\/revisions"}],"predecessor-version":[{"id":7730,"href":"https:\/\/www.itadsummit.com\/index.php\/wp-json\/wp\/v2\/pages\/7691\/revisions\/7730"}],"wp:attachment":[{"href":"https:\/\/www.itadsummit.com\/index.php\/wp-json\/wp\/v2\/media?parent=7691"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}