PROFESSIONAL QUALIFICATIONS
RICHARD J. BINDER, MAI

EXPERIENCE

Mr. Binder has been actively engaged in the real estate business in the Chicago Metropolitan area since 1977. Active as full time real estate appraiser from 1977 to present and Founder of Binder Realty Consultants, Inc., a real estate appraisal firm established in 1986. Binder Realty Consultants, Inc. is a real estate organization specializing in consultation and appraisal assignments on all types of non-residential properties. Work has been completed on all types of properties within the Chicagoland Metropolitan area plus properties in the States of Indiana and Wisconsin.

Active in the field of real estate since 1977, specializing in real estate appraisal and consulting. Employment background includes experience with mortgage bankers, corporations, financial institutions, and independent fee appraisers. Prior to the establishment of Binder Realty Consultants, Inc., Mr. Binder was associated with two independent appraisal firms and a national appraisal firm specializing in commercial consultation and valuation work.

PROFESSIONAL LICENSES

Illinois State Certified General Real Estate Appraiser, License Number 553.000428
Wisconsin State Certified General Appraiser, License Number 364-010
Indiana State Certified General Appraiser, License Number CG49300037

PROFESSIONAL AFFILIATIONS

Member of the Appraisal Institute - MAI Designation

  • Member of National Experience Review Committee (2001 - Present)
  • Member of Nominating Committee (2007)
  • Member of Admissions Committee Illinois Chapter (1987-1997)
  • Member of the Regional Ethics and Counseling Panel (1991-1997)
  • Former Vice-Chairman of Candidates Guidance Committee
  • Member of the National Association of Realtors
  • Member of the Society of Real Estate Appraisers (SRPA Designation)
  • Member of Admissions Committee (1984-89)
  • Illinois Mortgage Bankers Association
  • Northwest Chicago Board of Realtors - Affiliate Member
  • DuPage Board of Realtors - Affiliate Member

EDUCATION

Appraisal Institute:

Courses:

  • Standards of Professional Practice Part A (USPAP)
  • Standards of Professional Practice Part B
  • Standards of Professional Practice Part C
  • Business Practices and Ethics
  • Office Market Update Including Behind the Scenes of the JHC
  • New Housing in a Declining Market
  • Conditions of the Chicago Real Estate Market - 2006
  • Tax Deferred 1031 Real Property Exchanges
  • Scope of Work: Expanding Your Range of Services
  • 7-Hour National USPAP Update Course
  • USPAP Update 2003 - Standards and Ethics for Professionals
  • Uniform Appraisal Standards for Federal Land Acquisitions
  • 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
  • Cap Theory & Tech Part B
  • Comprehensive Examination
  • Case Studies In Real Estate Valuation
  • Report Writing & Valuation Analysis
  • Applied Income Property Valuation
  • Principles of Income Property Appraising
  • Single Family Residential Appraisal

Seminars

  • Supervising Appraisal Trainees
  • Conditions of the Real Estate Market (2004-2008)
  • ICAP - Illinois Appraisers Update Seminar
  • Online Experience Training Seminar
  • Online Internet Search Strategies for R.E. Appraisers
  • 2005 Illinois Appraisers Update Seminar
  • 2004 Illinois Appraisers Update Seminar
  • Online Analyzing Operating Expenses
  • Online Small Hotel/Motel Valuation

Lewis University, Romeoville, Illinois, Bachelor of Science in Business Administration.


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