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ICAP’S Mailer & 2014 Membership Drive

Be on the lookout for ICAP’S 2014 mailer highlighting ICAP’s summer seminars. Every licensed appraiser in Illinois should be expecting this postcard in the mail which features a promotional code (ICAP) that allows new members to join ICAP for 50% the regular price.

Join ICAP today and qualify immediately for discounts on ICAP’s summer seminars.  Appraisers can register for the seminars at

Register for ICAP’s seminars at ICAP’s homepage ( ) in the EVENTS box on the right hand side of the page.

Click To Register


ICAP Along with 12 Other State Appraisal Organizations Sign AMC Comment Letter

ICAP along with 12 other State Appraisal Organizations signed a letter in response to the Agencies’ request for comments on the Proposed Minimum Requirements for Appraisal Management Companies.

The following professional State Appraisal Organizations took part in the letter:

Appraiser’s Coalition of Washington
Arizona Association of Real Estate Appraisers
California Coalition of Appraisal Professionals
Georgia Coalition of Appraisal Professionals
Idaho Coalition of Appraisal Professionals
Illinois Coalition of Appraisal Professionals
Maryland Association of Appraisers
Mississippi Coalition of Appraisers
North Carolina Real Estate Appraiser Association
Ohio Coalition of Appraisal Professionals
South Carolina Professional Appraisers Coalition
Virginia Coalition of Appraisal Professionals
West Virginia Council of Appraiser Professionals

Among other things the letter recommends prohibiting the practice of sending a large number of appraisers the same appraisal order via email or posting orders on electronic bulletin boards for a large number of appraisers to simultaneously bid on. The comment letter addresses appraiser independence and mentions the importance of engaging the most qualified appraisers.

The letter was a collaboration of 13 State organizations representing thousands of appraisers nationwide. It’s important to note that not every member of every coalition agrees with everything in the letter; however, what is agreed on is that national AMC legislation must be created and regulated in such a way that protects the public’s trust.

Click the following to read the AMC Rules Comment Letter



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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)

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Meet Your 2014 Board of Directors

Meet Your 2014 Board of Directors


ICAP's 2014 Board of Directors

ICAP’s 2014 Board of Directors

1st Row (Officers)- Left to Right: Peter Poulos, MAI (Past President), Rick Hiton, IFAS (Vice President), Richard deVerdier, MAI, SRA, AI-GRS (President), Mike Morris, ARA, MAI (Treasurer) Barton DeLacy, MAI, CRE, FRICS (Secretary)

2nd Row (Directors) – Left to Right: David L. DuBois, MAI, Ken Mrozek, MAI, SRA, Lisa Musial, IFAS, Warren Grover, SRA, Herbert Meyer, ARA, Brian Masterson, Karen Emerle, SRA, LA Anderson (Executive Director)

3rd Row (Directors) – left to right: James R Blaydes, SRA (Legislative Chairman), TJ McCarthy, SRA, IFA (Webmaster), Mark Munizzo, IFAS, Michael A. Wolin, MAI, SRA, Tom Rodgers, MAI, SRA, John Van Santen, MAI

Absent: Joe Calvanico , MAI, Ted Neff , SRA

The 18 members of ICAP’s Board of Directors are appointed to promote the appraisal profession and its image to the general public and to the users of appraisal services. Together, with input from its sponsors and members ICAP monitors, informs and influences legislative issues that impact our profession.

About ICAP Seminars

ICAP’S annual seminars are industry recognized educational events dedicated to inform and positively impact the appraisal profession. Learn the latest information about the future of the appraisal industry and network with regulators and other valuation professionals. ICAP’S annual seminars qualifies any Illinois licensed or certified attendee seven hours of continuing education.


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ICAP Enhances Web Site

To increase communication with our membership ICAP has enhanced our website with content sliders. Our new content sliders will highlight promotions, organize and compress information. See below for a screen shot of ICAP’s Summer Seminar slider:


In addition the “sliders” will Increase the website’s navigation by introducing the most relevant pages to our visitors. To view ICAP’s new enhanced web site visit .

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