ICAP Beginnings

FROM: Michael MaRous, MAI (ICAP’s 1st President)

SUBJECT: ICAP Beginnings

In 1993, the former chapters of the American Institute of Real Estate Appraisers merged with the former Society of Real Estate Appraisers, with officers of Andy Brorsen, Roger TibbIe, Andrew Runge, and Michael Kowalski, and with Michael S. MaRous as President. Illinois state licensing had just been instituted, there was a new State Appraisal Board, and the first appraisal administrator, Larry Bullock, was appointed. There was significant pressure from the real estate brokerage, the mortgage brokerage, the government, and the legal communities regarding input and possible control of real estate appraisal regulations.

The Chicago Chapter of the Appraisal Institute (CCAI) officers directed President Michael MaRous to hire a professional lobbyist to interact with elected state representatives and state senators. The CCAI officers, even though the chapter represented over 1,000 individuals constituted either by designated members or candidates, realized their voice was not large enough or unified enough to have impact on the legislative community. It was clear to the officers that the state legislators wanted to hear only from one voice representing all real estate appraisers in the state of Illinois.

Based on this, in 1993 we reached out to the chapters of the National Association of Independent Fee Appraisers (NAIFA), the American Society of Farm Managers and Rural Appraisers (ASFMRA), and the American Society of Appraisers (ASA), to hold a meeting to discuss the political issues that faced the Chicago chapter of the Appraisal Institute. The meeting was held at the Holiday Inn in Joliet, Illinois, and the agenda that was presented included:

  • Appraisal licensing,
  • Appraisal regulation,
  • Perception and comment from state legislators,
  • Relationships with the state appraisal board, and
  • Relationships with the state appraisal committee.

The meeting was well attended by all of the invited organizations and a lively discussion ensued. Due to the disparity in the number of members and in the economic strength of the various organizations, the underlying mood and attitudes were positive. All participants realized that unity on the political issues would be in the best interest of all the organizations. Additional meetings were scheduled and held to further explore setting up a unified organization. Significant work had to be done including:

  •  Starting a simple corporation,
  • Employing minimal staff,
  • Electing officers and a board,
  • Considering a budget,
  • Hiring a lobbyist,
  • Beginning interface with the state appraisal board, and
  • Considering a mission statement.

It was decided that the officers would consist of leadership of the respective organizations. Michael MaRous was elected as the first president; however, the term of the chairs would be limited. Roger TibbIe stepped forward to lead the first meeting with legal counsel and working on by-laws and incorporation, which was critical to the proper incorporation of the organization. It was quickly determined that L.A. Anderson and Donna Hungerford would be the key staff, the position which L.A. has held to this day.

A protocol was initiated for regular board meetings and the various responsibilities of the officers and the board members were determined. We were able to travel to Springfield and to meet with state legislators, to set up a regular attendance at the Governor’s annual golf outing, and to utilize our lobbyist to support our positions and to convey our opinions to the state legislators. The forming of ICAP was well received by legislators and gave us an immediate voice in participating in the rewrites of the state appraisal legislation, which was extremely important due to the size and strength of NAR, National Association of Realtors, which wanted more input and control, not necessarily to the benefit of the appraisal community.

The first year passed quickly and set a good tone for the future. Don Cochran of the American Society of Farm Managers and Rural Appraisers became president for the following 2 years. Brad Ellis followed, with Pat Alesandrini being the last member of the original officers to become the lCAP president. These gentlemen did an excellent job of continuing to fulfill the ICAP mission, to advance the lCAP goals, to create and improve communication with state legislators, and to be the representative for political action for appraisers in the state of Illinois.

We were fortunate that the CCAI had a relatively sound financial position and prepaid The ICAP membership dues of each of the CCAI members for many years. Larry Bullock was a very fair and outstanding appraisal administrator and was very supportive of ICAP. The idea of sponsoring a seminar with lCAP representatives for continuing education was well received by the appraisal community and provided significant financial support to ICAP. It is interesting to note that one of the original attendees and strong supporters of ICAP was Brian Weaver, our current appraisal administrator. Brian provided insight and was a very important member of early ICAP.

Michael MaRous, MAI (ICAP’s 1st President)

20th Annivarsary Logo



About icapweb

ICAP was established in 1994 to be a unified voice for Real Estate Appraisers in the State of Illinois

Posted on May 15, 2014, in 2014 ICAP Seminars, ICAP In The News, State Appraiser Coalitions and tagged , , , , , , , . Bookmark the permalink. 1 Comment.

  1. We’ll done, and needed

    jb Sent from my iPad


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