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Illinois Coalition of Appraisal Professionals

Legislative Updates/News

Legislative Updates/News

Find An Appraiser

Find An Appraiser

Newsletters

ICAP Newsletters

Job Board

Job Board

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Connect

Links

Links

Membership

Membership

Seminars

Seminars

Contact

Contact

State Board Application

State Board Application

Legislative Updates

+ 11-11-2022 - The U.S. Housing Shortage from a Local Perspective

Estimates of the number of missing homes vary widely, but one thing has become clear: While the housing supply shortage is a national problem, solving it is often a local one. In this report, Fannie Mae economists Kim Betancourt, Stephen Gardner, and Mark Palim examine the contours of housing supply for 75 major U.S. metropolitan markets in a way that might offer clues to addressing the housing supply crisis at the local level.

Read the full Housing research publication here  .

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+ 11-11-2022 - Annual Report FY22 - Illinois Department of Financial and Professional Regulation Professional Regulation

Annual Report FY22 - Illinois Department of Financial and Professional Regulation Professional Regulation

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+ 09-29-2022 - 2022 Appraisal Survey

NAR Research conducted a survey of all 9,700 appraiser members and 50,000 randomly-selected non-appraiser members

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+ 09-29-2022 - Fannie Mae - Appraiser Update

September 2022 Fannie Mae Appraiser Update. In this edition, they explore the topic of competency. First, they focus on why competency matters and the important role appraisers have. Next, they dive into a discussion of how to gain and maintain competency. They also provide an update on the Appraiser Diversity Initiative (ADI) and introduce you to a few of the appraiser trainees who have been through the program.

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+ 07-29-2022 - Proposed Changes to the Uniform Standards of Professional Appraisal Practice (USPAP)

Third Exposure Draft USPAP - July 26, 2022

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+ 07-21-2022 - Fannie Mae - Standardized Property Measuring Guidelines

Updated guidance including some new and substantively revised FAQs

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+ 05-16-2022 - The Appraisal Institute writes a letter to the House Veterans’ Affairs Committee

The letter express concern and opposition to H.R. 7735, the “Improving the VA Home Loan Benefit Act,” which if enacted, could degrade the VA Home Loan Program and home buying process for Veterans.

The letter states that the Appraisal Institute continues to hear anecdotal concerns about the VA appraisal process compared to the conventional or FHA process and urges further investigation into these claims before taking extreme action to radically change what is roundly a successful program.

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ICAP Information

+Frequently Asked Questions

What is 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.

What are the benefits of an ICAP membership?
Click here for the benefits of an ICAP membership.

Who should join ICAP?
Real estate appraisers, accountants, assessors, attorneys, and anyone else who would like to stay up-to-date on regulation, legislation and everything that has to do with the latest developments in Illinois’s real estate appraisal profession.

How much are ICAP”s annual membership dues?
ICAP’s annual membership dues are $85 per year

When does my membership start and expire?
ICAP memberships start January 1st and expire on December 31st

How can I find my username or password?
Click here to request your username or password

Where can I log in?
Click here to log in

Where can I update my account?
Click here to update your account

Where can I find information about ICAP seminars?
Click here for the latest information about ICAP seminars

Where can I make a political action donation?
You can make a political action donation here

How can I get involved?
Click here for information about Joining an ICAP Committee

Who can I contact if I have other questions?
Click here to contact ICAP

+ PAC Contribution Form

+ Membership Application & Renewal

+ About/Board of Directors/Bylaws

+ ICAP Calendar

Check out ICAP’s calendar of events to see the dates of upcoming continuing education, ICAP seminars, special events, ICAP Board Meeting dates and USPAP offerings. To view ICAP’s calendar of events click here.

+ President Messages

+ My Account

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ICAP Newsletters

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Job Postings

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Appraisers Seeking Positions

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Membership Benefits

Representation

Representation in Springfield, IL

ICAP represents real estate appraisers in Illinois through continuing communication with our State Representatives. ICAP has advocated for appraisers and influenced Illinois State Legislation and Regulation to ensure that appraisers are represented.

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ICAP-PAC

ICAP's political action fund - ICAP collects contributions from members and uses those funds to help elect candidates for public office who are supportive of appraiser related issues. To contribute to ICAP's PAC visit our website at www.icapweb.org

Join

Strength in Numbers

Participating in a membership of over 1,300 members gives you real strength. ICAP serves the interests of all our members whether they specialize in residential or commercial real estate.

Members

Constant Contact

Through our regular ICAP E-mail Updates and Social Media Campaign (Facebook, LinkedIn, Blog and Twitter) ICAP members can connect with other Illinois appraisers and stay up-to-date on regulation, legislation and everything that has to do with the latest developments in the real estate appraisal profession.

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Job Search

ICAP has created a bulletin board for appraisers seeking employment and employers offering career opportunities within the appraisal community. Membership can visit our Job Search Bulletin Board at www.icapweb.org.

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Online appraiser tools

ICAP Members can access hundreds of relevant appraisal related links at our website www.icapweb.org. Including our Appraisal Laws and Rules.

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ICAP Summer Seminars - Education/Networking

In addition to the seven hours of continuing education awarded by the State of Illinois, ICAP provides a vast array of business networking opportunities during ICAP's annual summer seminars. Meet your peers and develop life-long connections.

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Discounts

ICAP members receive special member-only pricing on ICAP's annual summer seminars, special deals from OfficeMax Products & Services, and up to 40% off normal Avis Rent-A-Car Rates.

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Find an Appraiser

Companies and individuals looking for ICAP members can quickly find them by using ICAP's Find an Appraiser search function. Potential clients can search by Name, City, Postal Code, County or any combination thereof.

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Opportunities to Lead

Gain leadership skills and experience by serving on committees. Get involved with ICAP and grow your business. Meet and work with appraisal professionals. To volunteer for committee opportunities send us a message at www.icapweb.org.

Committee Positions

Would you like to contribute to ICAP by serving on a committee? ICAP is searching for qualified candidates for their committees.

Each of these committees works with ICAP Board members to promote the appraisal profession and its image to the general public and to users of appraisal services.

State Board Application

Are you interested in serving your profession as an appointee to the Illinois Real Estate Appraisal Administration and Disciplinary Board?

Are you interested in ICAPs recommendation to the Governor and/or Department to appoint you to the Illinois Real Estate Appraisal Administration and Disciplinary Board?

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