PROFESSIONAL QUALIFICATIONS
GORDON S. BANDEMER, MAI

EXPERIENCE

Mr. Bandemer has been associated with BINDER REALTY CONSULTANTS, INC. since 1986, specializing in the appraisal of residential and all types of non-residential real property
including industrial, retail, multi-family, office, subdivision and vacant land properties. Work
has been completed within the Chicagoland Metropolitan Area plus properties in the States of Indiana, Michigan, Wisconsin and Iowa.

PROFESSIONAL LICENSES

Illinois State Certified General Real Estate Appraiser, License Number 553.000552

PROFESSIONAL AFFILIATIONS

Member of the Appraisal Institute - MAI Designation

EDUCATION

Mr. Bandemer received his Master' s Degree in Business Administration from Benedictine
University, Lisle, Illinois, in May, 1987. He is a graduate of the Lawrence Technological
University, Southfield, Michigan, receiving a Bachelor' s Degree in Business Administration in June, 1985.

Courses:
• Standards of Professional Practice Part A (USPAP)
• Standards of Professional Practice Part B
• Standards of Professional Practice Part C
• Business Practices and Ethics
• New Housing in a Declining Market
• Conditions of the Chicago Real Estate Market - 2009
• Scope of Work: Expanding Your Range of Services
• Condemnation Appraising: Basic Principles & Applications
• The Appraiser as an Expert Witness: Preparation & Testimony
• Valuation of Detrimental Conditions
• Fair Lending and the Appraiser
• Understanding Limited Appraisals - General
• Case Studies In Real Estate Valuation
• Report Writing & Valuation Analysis
• Applied Income Property Valuation
• Principles of Income Property Appraising
• Single Family Residential Appraisal

EXPERIENCE:

Active in the field of real estate since 1986, specializing in real estate appraisal and
consulting. Mr. Bandemer has been involved with a number of appraisal and consultation
assignments in the Chicagoland market area involving industrial, office and special purpose
properties during the past 20 years. Special purpose properties include gas stations,
restaurants, automotive service buildings and schools.



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