13 Sabin Street
Montpelier, Vermont 05602

Edward J. Friihauf, MAI, PhD
Real Property Appraising and Counseling Vermont and New Hampshire
(802) 223-9119
Fax (802) 223-9128

e-mail: ed(AT)friihauf.com


Edward J. Friihauf, MAI, PhD
  1. February 2003 to present
    Friihauf Appraisal Associates
    Commercial and Industrial Real Estate Appraising
  2. June 1989 to February 2003
    Bredice Appraisal Associates, Inc.
    Commercial and Industrial Real Estate Appraising
Broad appraisal experience, MAI designation, customer service, marketing.
  3. May 1981 to May 1989
    Reluctant Panther Inn, Manchester, Vermont
    Co-owner, co-operator, COO and CEO in a small business format, customer service, experience in marketing, restaurant and lodging.
  4. To May 1981
    Lubrizol Corporation, Wickliffe, Ohio
    Research Chemist, Project Manager
Scientific education, patents, management, customer service, and publications.
B. Education/Training
    B.S. Chemistry, Kent State University
    M.S., Ph.D. Chemistry, University of Illinois
  Appraisal Institute for the MAI designation - Real Estate Appraisal Principles;
Basic Valuation Procedures;
Capitalization Theory and Techniques Parts A and B;
Case Studies in Real Estate Valuation;
Standards of Professional Practice;
Report Writing and Valuation Analysis
  Appraisal Education Seminars

Marshall Swift Commercial and Industrial Cost Seminar
Valuation of Leased Fee Interests
Appraising Contaminated Properties
Appraising Distressed Properties
Rates, Ratios, and Reasonableness
Demonstration Appraisal Report Seminar
Making Sense of GIMS, OARs, and DCFs.
Real Estate Finance Statistics and Valuation Modeling
Real Estate Investing & Developing - A Valuation Persepctive
Appraisal Curriculum Overview (2 -day General)
The Future of Appraising
Loss Prevention Skills for Real Estate Appraisers
Litigation Skills for the Appraiser
Eminent Domain and Condemnation Appraising
Valuation of Detrimental Conditions
New Industrial Valuation
Attacking and Defending an Appraisal in Litigation
Untapped Appraisal Resources - Real Estate and the Internet
Understanding Partial & Fractional Interests
Standards of Professional Practice, Part C
Current Appraisal Issues and Misconceptions
Analyzing Operating Expenses
The Use of GIS in Appraising
Environmental Property Damages
A variety of seminars sponsored by the Vermont Chapter of the Appraisal Institute

  Seminars Created and Presented:
    Panel Participant - Mortgage Defaults and Real Property Value in Vermont - Vermont Bankers Association

Panel Participant - Best Practices in a Workout Environment - Vermont Bankers Association

Real Estate Value Considerations for Energy Efficient Buildings presented to the Better Buildings by Design Conference

Rural Aspects of the Cost Approach presented to the Vermont Chapter of the Appraisal Institute

Reading and Understanding Commercial Appraisals presented to the Vermont Bankers Association

Environmental Contamination: Considerations in Vermont Appraisals presented to the Vermont Chapter of the Appraisal Institute

C. Professional Affiliations
  Member - American Chemical Society
Member - Appraisal Institute (designated MAI)
  The Appraisal Institute conducts a voluntary program of continuing education for its designated members. An MAI who meets the minimum standards of this program is awarded periodic educational certification. I am certified under this program.

I have served the Vermont Chapter of the Appraisal Institute in the following capacities:
  • President of the Vermont Chapter,
  • Vice President of the Vermont Chapter,
  • Chapter Membership Admissions Development and Retention Committee,
  • Candidate Guidance Committee; General Associate Members,
  • Chapter Board of Directors,
  • Regional Representative for the Chapter,
  • Continuing Education Chairperson of the Vermont Chapter,

D. Licenses - Certified General Real Estate Appraiser
  State of Vermont #80-0000041, expires May 31, 2018
State of New Hampshire #NHCG-536, expires April 30, 2019