2012 ICAP Pre-Seminar Presentation

1. WELCOME TO THE
2012
ILLINOIS COALITION OF PROFESSIONAL APPRAISERS (ICAP)
ILLINOIS APPRAISER UPDATE SEMINAR
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2. Congratulations to ICAP and its membership
for helping pass the:
Appraisal Management Company Registration Act
Effective January 1, 2012
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3. ICAP 2012 Officers:
President: Tamara J. Bellisario
Vice President: Peter Poulos
Treasurer: Rick Hiton
Secretary: Rich deVerdier
Immediate Past President: Sharon Bagby
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4. ICAP 2012 Directors:
Brian Masterson Tom Rodgers
Lee Lansford Tedd Neff
David L. DuBois Dan G. Legner
Barton DeLacy Michael A. Wolin
Sue Camp John Wittert
Mike Morris Karen Emerle
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5. Visit ICAP’s Improved Website
www.ICAPWeb.Com
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6. ICAP was established in 1994, and is
supported by the following sponsoring organizations:
ICAP
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7. Visit ICAP’s BLOG
www.ICAPWeb.Wordpress.com
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8. Find ICAP on Facebook:
www.facebook.com/ICAPweb
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9. Follow ICAP on Twitter:
@icapweb
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10. Join ICAP’s Linked in Group:
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11. ICAP’s extends our gratitude to the companies that support our mission by being an
exhibitor at ICAP's Lisle Seminar.
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12. ICAP Member Benefit:
Representation in Springfield, IL
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13. ICAP Member Benefit:
Strength in Numbers
(Over 1,800 Members)
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14. ICAP Member Benefit:
Constant Contact
(Regular E-mail Updates and Social Media Campaign)
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15. ICAP Member Benefit:
Job Search
(Bulletin board for appraisers seeking employment )
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16. ICAP Member Benefit:
On Line Appraiser Tools
(Hundreds of appraisal related links at
our website www.icapweb.com)
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17. ICAP Member Benefit:
ICAP Summer Seminars
(Education/Networking)
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18. ICAP Member Benefit:
Find an Appraiser:
(Potential clients can search ICAP members by
name, city, postal code, or county )
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19. ICAP Member Benefit:
Discount’s on Office Max Products & Services:
(Go to www.Officemaxsolutions.com, enter
username: ICAP, and Password: OFFICEMAX1)
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20. ICAP Member Benefit:
Discount’s at Avis Rent-A-Car :
(Receive up to 40% off Avis Rent-A-Car rates using
ICAP’s AVIS Worldwide Discount number: W652341)
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21. ICAP's Recent Accomplishment:
ICAP was instrumental in the development of
the Administrative Rules:
•AMC's must be noted as client if ordering the appraisal
•USPAP must be taken within 6 months of a new release
•Appraisal fees for AMC orders must be noted in the certification
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22. ICAP's Recent Accomplishment:
ICAP was instrumental in the development of the
Appraisal Management Company Act:
•All AMC's will register
•Appraisal firms owned by certified appraiser are exempt from registration
•AMC's must compensate appraisers at a customary and reasonable rate
•AMC's Cannot withhold or threaten to withhold payment
•Cannot condition appraisal on a value conclusion
•Cannot remove appraisers from approved lists without notice
•Cannot require appraisers to sign indemnifications agreements
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23. ICAP's Recent Accomplishment:
ICAP was instrumental in the development of the
Appraisal Appraiser Licensing Act for 2011:
•Appraisal fees for AMC assignments must be disclosed
in the certification
•The Department or designee shall conduct a survey of
appraisal fees for 1-4 family
•Defined AMC's and Appraisal firms
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24. ICAP's Mission Statement:
ICAP works to promote the appraisal profession
and its image to the general public and to users of
appraisal services. ICAP initiates discussion and
analysis of issues affecting professional appraisers
and monitors political action with the intent to
influence legislation, regulation and public opinion
toward the appraisal profession.
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25. ICAP's Mission Statement:
ICAP works to promote the appraisal profession
and its image to the general public and to users of
appraisal services. ICAP initiates discussion and
analysis of issues affecting professional appraisers
and monitors political action with the intent to
influence legislation, regulation and public opinion
toward the appraisal profession.
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