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Ellen B. Herman, MAI Founder, CEO & President

Ellen Herman is a respected member of the Twin Cities financial services community, who founded the EB Herman Companies in 1983. In 2007, Finance & Commerce, a prominent Twin Cities business publication, presented Ms. Herman with a prestigious “Top Women in Finance” award for her significant leadership in the financial services industry.

Ms. Herman is a Member of the Appraisal Institute and a Certified General Real Property Appraiser licensed in Minnesota, Wisconsin, and South Dakota. She is also a licensed real estate and business broker in the State of Minnesota, and a member of the Institute of Business Appraisers. Ms. Herman frequently serves as a court-appointed commissioner in condemnation proceedings, a special hearing officer in special assessment matters, and an arbitrator in valuation disputes and other related proceedings. She is a qualified expert witness in district and federal courts.

Principal Instructor

  • MILE (Minnesota Institute of Legal Education): Eminent Domain Seminars
  • Hennepin County Bar Association: Eminent Domain Committee
  • Minnesota Land Trust: Land Preservation Forum

Affiliations, Designations & Licenses

  • Appraisal Institute – MAI Designated Member
  • State of Minnesota – Certified General Real Property Appraiser – ID #4001467, Level 4 license permits appraisal of all property types
  • State of Wisconsin – Certified General Appraiser and Licensed Appraiser – License #1070-010
  • State of Minnesota – Real Estate Broker – ID #20077343
  • The Institute of Business Appraisers, Inc. (IBA) – Member
  • American Society of Appraisers (ASA) – Member
  • National Association of Realtors (NAR) – Member
  • Minneapolis Area Association of Realtors (MAAR) – Member
  • Commercial Real Estate Women of Minnesota (MNCREW) – Member
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