Bedros Bandazian was born in Richmond, Virginia and attended the Richmond Public School system. After graduating from Virginia Commonwealth University majoring in Business & Accounting, he entered into the accounting profession. In 1974 he formed the real estate firm of Bandazian & Co. and specialized in Commercial Real Estate, Property Management and Business Brokerage in the urban real estate market of Richmond, Virginia. He has been married to Estelle Georges Bandazian for 49 years and they have three sons, Khoren II, Raffi and Diran. Bedros Bandazian has been very active with his church, St. James Armenian Church, and his Armenian Community as a whole. Former Governor of Virginia, Mark Warner, appointed Bedros Bandazian as Chairman of the Virginia Armenia Advisory Commission. This is the first commission of its type in the United States and was instrumental in establishing the Armenian Genocide curriculum in Virginia schools. Bedros Bandazian is Charter Member of the Property Management Section of the National Association of Realtors and in 2014 was awarded the Omega Tau Rho Real Estate award for exemplary dedication and service to the National Association of Realtors.