John Bredemeyer

President

John Bredemeyer is President of Realcorp, a full service real estate appraisal company in Omaha, Nebraska. He holds an MBA from the University of Nebraska at Omaha as well as an undergraduate degree in real estate. He currently serves as President of the alumni chapter of Rho Epsilon, the professional real estate fraternity. In 1994 he was recognized as their Man of the Year. He also serves on the UNOmaha College of Business National Advisory Board, and received the Distinguished Alumni Award in 2000.

Mr. Bredemeyer holds the SRA professional designation from the Appraisal Institute. In 1993 he was the president of the Nebraska Chapter of the Appraisal Institute. He has served as the National Chairman of Continuing Education and National Chair of Government Relations for the Appraisal Institute. He is currently a national spokesman for the Appraisal Institute. He has been a quoted in the New York Times, Chicago Tribune, Money Magazine, and numerous other publications.

He has been involved with the Nebraska Mortgage Association for over fifteen years and was their 1999/2000 president. He has twice been Chairman of the Omaha based Great Plains Multiple Listing Service, where he has served on the Board of Directors since 1993. He is also a Director of the Omaha Area Board of Realtors.

John is a certified general appraiser in Nebraska and Iowa. In 1997 Governor Nelson appointed Mr. Bredemeyer to a five-year position on the Nebraska Real Estate Appraiser Board where he served for three years as Chairman. After serving on the Board of Directors of the Association of Appraisal Regulatory Officials, he was awarded Honorary Lifetime Membership. Mr. Bredemeyer served for six years as a Trustee of the Appraisal Foundation. The Appraisal Foundation is authorized by Congress as the Source of Appraisal Standards and Appraiser Qualifications. He served two years as their Treasurer. In 2008 he was elected as Vice Chairman.

Specialties: Experienced in Commercial and Residential valuation of real property. Experienced in expert testimony and consultation.

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Service Content

What is an appraisal?

A home purchase is the largest, single investment most people will ever make. Whether it’s a primary residence, a second vacation home or an investment, the purchase of real property is a complex financial transaction that requires multiple parties to pull it all off.

Most of the people involved are very familiar. The Realtor is the most common face of the transaction. The mortgage company provides the financial capital necessary to fund the transaction. The title company ensures that all aspects of the transaction are completed and that a clear title passes from the seller to the buyer.

So who makes sure the value of the property is in line with the amount being paid? There are too many people exposed in the real estate process to let such a transaction proceed without ensuring that the value of the property is commensurate with the amount being paid.

This is where the appraisal comes in. An appraisal is an unbiased estimate of what a buyer might expect to pay – or a seller receives – for a parcel of real estate, where both buyer and seller are informed parties. To be an informed party, most people turn to a licensed, certified, professional appraiser to provide them with the most accurate estimate of the true value of their property.

Although not required on every appraisal, the appraiser is usually asked to inspect the property.  They will observe such things as bedroom and bathroom locations and note the quality and condition of the property.  The inspection often includes a sketch of the property.

Once the property has been inspected, an appraiser uses up to three approaches to estimate the value of real property.