Qualifications of Eric J. Van Drimmelen, MAI
CONTACT INFORMATION:
Eric Van Drimmelen, MAI
Van Drimmelen & Associates, Inc.
Real Estate Appraisers / Consultants
774 East 2100 South
Salt Lake City, Utah 84106
Ph: 801-483-3000 / Direct: 801-536-6468
Mobile: 801-510-3318
Fax: 801-487-0330
EDUCATION BACKGROUND AND APPRAISAL TRAINING:
BS Degree, Finance University of Utah, 8-98
Fundamental Appraisal O’Brien Schools, 7-96
Appraising Residences O’Brien Schools, 7-96
Standards of Professional Practice (USPAP) O’Brien Schools, 7-96
Real Estate Principles University of Utah, 3-98
Real Estate Law University of Utah, 6-98
Advanced Income Capitalization, AI 510 Appraisal Institute, St. Paul, MN 7-99
Advanced Application, AI 550 Appraisal Institute, SLC, UT 10-99
Advanced Sales and Cost Approaches,
AI 530
Appraisal Institute, Portland, OR 3-00
Highest and Best Use, AI 520 Appraisal Institute, Denver, CO 6-00
Report Writing, AI 540 Appraisal Institute, SLC, UT 10-00
USPAP, AI 410 Appraisal Institute, 4-01
USPAP, AI 420 Appraisal Institute, 5-01
Demonstration Report Writing Appraisal Institute, 10-02
Separating Real and Personal Property from
Intangible Business Assets, AI 800
Appraisal Institute, 2-03
Appraisal Institute Summer Seminar 2003,
Growth Trends-Past, Present, Future; Data
Management
Utah Chapter Appraisal Institute, 6-03
Environmental Concerns on Property
Development
Utah Chapter Appraisal Institute, 6-03
Scope of Work, Expanding Your Range of
Services
Appraisal Institute, 9-03
Rates and Ratios: Making Sense of GIMs
OARs, and DCFs
Appraisal Institute, 2-04
7-Hour National USPAP Update Appraisal Institute, 5-04
Appraisal Regulations; Retail and Office
Development (AI Northern Branch Mtg.)
Appraisal Institute, 10-05
Feasibility Analysis, Market Value and
Investment Timing: Introducing the Impact
of Option Value
Appraisal Institute, 2-06
7-Hour National 2006 USPAP Update Appraisal Institute, 4-06
Small Hotel/Motel Valuation: Limited-
Service Lodging
Appraisal Institute, 5-06
Analyzing Operating Expenses Appraisal Institute, 5-06
EDUCATION BACKGROUND AND TRAINING (Continued):
Appraisal & Appraisal Review Expectation Utah Department of Transportation, 5-06
7-Hour National USPAP Update Course Appraisal Institute, 5-08
HVCC Update Utah Chapter, Appraisal Institute, 10-08
Utah Housing Market & Subdivisions Utah Chapter, Appraisal Institute, 11-08
St. George Appraisal Symposium Utah Chapter, Appraisal Institute, 3-09
Mid-Year 09 Real Estate Economic Update Utah Association of Appraisers, 8-09
St. George Appraisal Symposium Utah Chapter, Appraisal Institute, 3-10
St. George Appraisal Symposium Utah Chapter, Appraisal Institute, 3-11
7-Hour National USPAP Update Course Appraisal Institute, 3-12
Supervisory Appraiser and Appraiser
Trainee Course
Appraisal Institute, 2-14
Caravan 2014 – Utah Division of R.E. Utah Division of Real Estate, 4-14
2014 Legislative Update – Board of
Equalization Class for Hearing Officers
Utah Association of Appraisers, 4-14
7-Hour National USPAP Update Course Appraisal Institute, 5-14
Caravan 2016 – Utah Division of Real R.E. Utah Division of Real Estate, 4-16
2016-2017 7-Hour National USPAP Update McKissock, 5-16
The Nuts and Bolts of Green Building McKissock, 5-16
Appraisal of Fast Food Facilities McKissock, 5-16
The Dirty Dozen McKissock, 4-17
RIGHT-OF-WAY EDUCATION AND TRAINING:
Real Estate Law University of Utah, 6-98
Eminent Domain Seminar Utah State Capitol, 3-01
Principles of Real Estate Engineering,
IRWA 900
International Right of Way Association, 3-03
Eminent Domain Training for Attorneys
and Appraisers, NHI Course No. 141036
The National Highway Institute & the State
of Utah Department of Transportation, 1-04
Uniform Relocation Assistance and Real
Property Acquisition Policies Act (URA) 49
CFR Part 24 including the New Rule
(effective 02/03/05)
Prepared by FHWA, Utah Department of
Transportation, 4-05
Appraisal & Appraisal Review Expectation Utah Department of Transportation, 5-06
Litigation Skills for the Appraiser Appraisal Institute, 2-07
Eminent Domain Update Utah Land Institute, 2-08
FHWA-NHI-141044 Appraisal Review for
Federal Aid Highway Programs
National Highway Institute, 3-08
IRWA Course #400, Principles of Real
Estate Appraisal
International Right of Way Association, 2-12
IRWA Course #410, Reviewing Appraisals
in Eminent Domain
International Right of Way Association, 3-14
IRWA Course #403, Easement Valuation International Right of Way Association, 9-14
Expert Witness for Commercial Appraisers McKissock, 3-17
PROFESSIONAL EXPERIENCE:
Public Relations & Researcher
Bodell-Van Drimmelen & Assoc., 1994-
1995
Appraiser, Market Analyst, & Researcher
Bodell-Van Drimmelen Commercial
Appraisers, 1995-1999
Staff Appraiser
Wal-Mart Realty Co., a division of Wal-Mart
Stores, Inc., 1999-2000
Appraiser
Bodell-Van Drimmelen Commercial
Appraisers, 2000-2002
President/CEO
Bodell-Van Drimmelen Commercial
Appraisers, 2002-2010
President/CEO
Van Drimmelen & Associates, Inc.
2010-Present
PROFESSIONAL AFFILIATIONS:
Appraisal Institute MAI Designated Member
International Right of Way Association Member No. 196
Utah State Certified General Appraiser License #5463327-CG00, Expires 5-31-18
Wyoming Certified General Appraiser License AP-1385, Expires 2-10-19
CLIENTS – PARTIAL LIST*
Aegon, USA First National Bank Of Layton Salt Lake City
America First Credit Union Farmington City SLI Investment
Bank of Utah First National Bank Of Layton South Salt Lake
Bank of the West First Colony Mortgage State of Utah
Bountiful City Kaysville City US Bank
Brighton Bank Layton City UDOT
C.T. Investments Matrix Capital Bank Wells Fargo
Chevron Midvale City Western Community Bank
Deseret First Credit Union Republic Mortgage Zions First National Bank
*Many developers, attorneys, and individuals
APPRAISAL EXPERIENCE:
I am a second generation appraiser and have been around the appraisal profession
nearly my entire life. I have been assisting and appraising real properties since 1995.
Over the past twenty-three years I have appraised a variety of properties in Utah, Idaho,
Wyoming, Montana and Nevada. My appraisal experience has been diverse and has
included a variety of property types in commercial, residential, industrial and agricultural
real estate. I am a MAI designated member of the Appraisal Institute, showing a
commitment to advanced education, higher ethical requirements and elevated
expectations for the appraisal profession as a whole. I began my career in appraising at
Bodell-Van Drimmelen in 1995, where I worked as a researcher, market analyst, and
appraiser. In early 1999 I accepted an offer from Wal-Mart Realty, a division of Wal-Mart,
as a staff appraiser at the headquarters of Wal-Mart in Bentonville, Arkansas. At Wal-
Mart, I was one of three appraisers who provided consultation, analysis, appraisal review,
and valuations for internal investment decisions and marketing purposes on both land
and buildings throughout the United States. After gaining experience on the national
level, I decided to return to Utah to continue working with Bodell-Van Drimmelen
Commercial Appraising, Inc. In 2002, I became President of the company and in 2010
changed the name of the company to Van Drimmelen & Associates, Inc. Some of the
types of property appraised/assisted with during my career are listed below:
Airports/Hangars Apartments Bowling Alley
Church/Public Buildings C-Stores Day Care
Easements Eminent Domain Farm/Ranch
Greenhouses Home/Office/Retail Industrial
Land (all types) Lodging Office
Pad Sites/Outlots Recreational Properties Residential (all types)
Retail (all types) Restaurants Service/Gas Stations
Subdivisions Theaters
Storage Units