ICAP Virtual Flyer

2
Pursuing a career as a professional appraiser requires a commitment to excellence and the integrity necessary to maintain the highest standards of professional ethics. Developing appraisal knowledge and expertise requires countless hours of education and experience. It is a lifelong discipline. As a professional appraiser, it’s important to make every effort to promote and advance your chosen profession. Joining the Illinois Coalition of Appraisal Professionals (ICAP), provides a direct link to other appraisal professionals who desire to uphold the professional standards and actively influence legislation, regulation and public opinion impacting the appraisal profession. Are You Helping to Advance Your Profession? www.icapweb.org ICAP: Illinois Coalition of Appraisal Professionals 205 W. Wacker Drive, Suite 202, Chicago, IL 60606 Phone: 312.616.9403 Fax: 312.616.9404 www.icapweb.org Licensed Trainees Join Your Colleagues Today and Save 50% Adding your voice to ICAP has never been easier or more affordable. Whether you’re a new appraiser trainee or have decades of experience, you owe it to yourself and your colleagues to make this small investment in the future of your chosen profession. Join Today Simply visit www.icapweb.org

Transcript of ICAP Virtual Flyer

Pursuing a career as a professional appraiserrequires a commitment to excellence and theintegrity necessary to maintain the higheststandards of professional ethics. Developingappraisal knowledge and expertise requirescountless hours of education and experience.It is a lifelong discipline.

As a professional appraiser, it’s important tomake every effort to promote and advanceyour chosen profession. Joining the IllinoisCoalition of Appraisal Professionals (ICAP),provides a direct link to other appraisal professionals who desire to uphold the professional standards and actively influencelegislation, regulation and public opinion impacting the appraisal profession.

Are You Helping to Advance

Your Profession?

www.icapweb.org

ICAP: Illinois Coalition of Appraisal Professionals

205 W. Wacker Drive, Suite 202, Chicago, IL 60606

Phone: 312.616.9403 Fax: 312.616.9404

www.icapweb.org

Licensed Trainees Join Your Colleagues

Today and Save 50%

Adding your voice to ICAP has neverbeen easier or more affordable.Whether you’re a new appraisertrainee or have decades of experience, you owe it to yourselfand your colleagues to make this small investment in the future of yourchosen profession.

Join TodaySimply visit www.icapweb.org

Prinect Trap Editor
Page is trapped with Prinect Trap Editor 6.0.101 Copyright 2010 Heidelberger Druckmaschinen AG http://www.heidelberg.com You can view actual document traps, with the free Trap Editor (Viewer), a Plug-In from the Prinect PDF Toolbox. Please request a PDF Toolbox CD from your local Heidelberg office in order to install it on your computer. Settings: Width: 0.053 mm = 0.150 pt Printorder: Black / Cyan / Magenta / Yellow / Step Limit: 25.0% Common Density Limit: 0.50 Centerline Trap Limit: 100% Trap Color Scaling: 100.0% Image to Object Trapping: yes Image to Image Trapping: no Black Width Scaling: 100.0% Black Color Limit: 95.0% Overprint Black Text: 12.0 pt Overprint Black Strokes: no Overprint Black Graphics: no

What is ICAP?

ICAP was established in 1994 out of a need for a unified voice loudenough to be heard in Springfield. Since then, ICAP has been promoting the appraisal profession and its image to the general public and to users of appraisal services. Representing real estateappraisers in Illinois, ICAP is a political action group sponsored by:

• American Society of Appraisers• American Society of Farm Managers and Rural Appraisers• Appraisal Institute• National Association of Independent Fee Appraisers• At-Large Appraisers

ICAP’s mission is to initiate discussion and analysis of issues affectingprofessional appraisers and monitor political action with the intent toinfluence legislation, regulation, and public opinion toward the appraisal profession.

ICAP’s Objectives are to:

• Establish the Illinois Appraisal Profession as an identified collective voice in legislation and regulatory debate.

• Represent the profession consensus to the Illinois Legislature and the Illinois Division of Real Estate.

• Provide a legislative regulatory liaison to associated professions and industries.

• Provide ongoing, real-time information to appraisal professionals concerning legislation and regulatory events.

• Create and maintain a forum for professional information and education sharing amongst our members and sponsoring organizations.

• Create and maintain a method of funding through membership and information events to make the coalition self-sufficient.

Protecting all appraisal professionals and their interests is our solefocus. We don’t offer appraisal courses or professional designations.We also won’t sell your software, data or publications.

Legislative Accomplishments

Appraiser Licensing Act• Appraisal fees for AMC assignments must be disclosed in the certification• Defined AMCs and Appraisal firms• USPAP must be taken within 6 months of a new release• Criminal background check required• Removed “in connection with a federally regulated transaction”• Removed the limit of supervisors a trainee can work for• Municipal & IDOT employees performing waiver valuations must complete

real estate appraisal coursework

Appraisal Management Company Act• All AMCs must register• Appraisal firms 100% owned by a certified appraiser are exempt from registration• AMCs must be noted as client if ordering the appraisal• AMCs must compensate appraisers at a customary and reasonable rate• AMCs cannot withhold or threaten to withhold payment• Cannot condition appraisal on a value conclusion• No predetermined values• Cannot remove appraisers from approved lists without notice• Cannot require appraisers to sign indemnification agreements

BPO’s and CMA’s• Established definitions for BPO’s and CMA’s• Set standards by which BPO's and CMA's must be developed.• BPO's cannot estimate Market Value• Must include a statement “this is not an appraisal of the market value of

the real estate”

Licensed Trainees Join Your Colleagues Today and Save 50%

Adding your voice to ICAP has neverbeen easier or more affordable. Whetheryou’re a new appraiser trainee or havedecades of experience, you owe it toyourself and your colleagues to makethis small investment in the future ofyour chosen profession.

Simply visit www.icapweb.org Code Word: TRAINEE

“My ICAP Membership provides me with the latest information on legislative and industry news, as well as opportunities to interact with my professional colleagues. In today’s highly regulated environmentI find these benefits more important than ever formaintaining a professional appraisal business.”— Karen T. Emerle, SRA"

Prinect Trap Editor
Page is trapped with Prinect Trap Editor 6.0.101 Copyright 2010 Heidelberger Druckmaschinen AG http://www.heidelberg.com You can view actual document traps, with the free Trap Editor (Viewer), a Plug-In from the Prinect PDF Toolbox. Please request a PDF Toolbox CD from your local Heidelberg office in order to install it on your computer. Settings: Width: 0.053 mm = 0.150 pt Printorder: Black / Cyan / Magenta / Yellow / Step Limit: 25.0% Common Density Limit: 0.50 Centerline Trap Limit: 100% Trap Color Scaling: 100.0% Image to Object Trapping: yes Image to Image Trapping: no Black Width Scaling: 100.0% Black Color Limit: 95.0% Overprint Black Text: 12.0 pt Overprint Black Strokes: no Overprint Black Graphics: no