The finest in appraisal education, professional development, and networking opportunities.

The finest in appraisal education, professional development, and networking opportunities.

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Chapter Bulletin

AI Education

Appraisal Institute Education for every state of your career. Check out our list of offerings!

CCAI 2021 Courses

Our 2021 courses have been added to the site. Check them out and save the dates!

The Appraisal of Real Estate 15th Edition

The new edition is structured to follow the valuation process, moving from the identification of the problem through to the report of defined value. Significant changes in this edition include a step-by-step process for analyzing highest and best use, an up-to-date discussion of review theory and practice, and an intense focus on the property rights being appraised in a wide variety of valuation scenarios.

Affiliation Invoices

2021 affiliation invoices are now available. The due date is December 31, 2020. Please email aiservice@appraisalinstitute.org if you have any questions.

Appraisal Institute National Update Bulletin

AI News

Winterize Your Home Now, Appraisal Institute Says
Tue, 24 Nov 2020 08:05:00 GMT

The nation’s largest professional association of real estate appraisers today advised homeowners that it’s beneficial to winterize their homes soon, before winter weather takes hold.

Appraisers Must Identify the Scope of Work, New Book Says
Thu, 22 Oct 2020 08:00:00 GMT

The scope of work concept is fundamental to appraisal, and its proper application ensures that appraisers can provide various services and maintain flexibility in their assignments, which has become increasingly important in our rapidly changing business environment, according to a book published by [...]


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Industry News

Federal Housing Finance Agency Finalizes Capital Rule for Fannie Mae, Freddie Mac
Wed, 25 Nov 2020 12:30:00 GMT

The Federal Housing Finance Agency on Nov. 18 released its final rule that establishes a new regulatory capital framework for Fannie Mae and Freddie Mac. Key changes include reduced capital requirements for single-family mortgage exposures subject to COVID-19 forbearance, and an increased exposure l [...]

FHFA Raises 2021 Conforming Loan Limits for Fannie, Freddie
Wed, 25 Nov 2020 12:30:00 GMT

The Federal Housing Finance Agency on Nov. 24 announced that the maximum conforming loan limits for single-family mortgages acquired by Fannie Mae and Freddie Mac next year will be $548,250, a 7.5% increase from this year’s limit. In high-cost areas, where 115% of the median home value exceeds the b [...]


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Upcoming Events

Instructor Spotlight

Tom Hamilton, PhD, MAI, CCIM, CRE, FRICS

Tom Hamilton, PhD, MAI, CCIM, CRE, FRICS is the Fogelson Distinguished Chair at Roosevelt University's Chicago School of Real Estate and founder and president of Karvel-Hamilton Real Estate Analytics. For over 20 years Dr. Hamilton has taught graduate and undergraduate real estate valuation courses, and for 30 years he has conducted valuation and appraisal services for the telecommunication and public utility industries and for numerous local and state agencies in the valuation of real property. Dr. Hamilton holds a BS, MS and a PhD (Real Estate) from the University of Wisconsin-Madison and an MS (Finance) from the University of Wyoming...

Jeff Jacobson, MAI, SRA

Jeff Jacobson, MAI, SRA is Vice President at Jacobson and Associates, Real Estate Appraisals and Consulting, in Sycamore, Illinois. During his 25+ years in the valuation and consulting of real estate, Jeff has extensive experience as an appraiser, consultant, expert witness, and investor. Jacobson is an approved instructor for the Appraisal Institute and the State of Illinois and actively teaches qualifying education courses including the Supervisory Appraiser/ Trainee Appraiser Course, Income Capitalization, among others. Jeff earned his Bachelor of Science degree from Bradley University in Business Management and Administration with a minor...

Joe Mags, Joseph Magdziarz, MAI, SRA, AI-GRS, AI-RRS

Joe Mags, Joseph Magdziarz, MAI, SRA, AI-GRS, AI-RRS has been an active instructor for AI for the past three decades. He was the 2011 National President and has served on the Education Committee in many capacities including Chair. Joseph is qualified to facilitate numerous courses and seminars.

Joe Wallace, MAI

Joe Wallace, MAI, is the Co-Founder and Managing Partner, at Praedium Valuation Group (PVG), which is headquartered in Chicago, IL. Mr. Wallace began PVG in 2001 and today the firm has a diverse service offering, which includes commercial valuations, residential valuations, litigation support and consulting services. PVG's clients include attorneys, developers, title companies, mortgage lenders and public agencies, as well as corporate and institutional owners and investors.

John Urubek, MAI, CCIM

John Urubek, MAI, CCIM has been an appraiser for 40+ years and heavily involved in the Appraisal Institute's educational system for more than three decades. He is now approved to teach all general level and all advanced level courses needed to become an MAI. On a national level, he has served on the Curriculum, Body of Knowledge, and Education committees. Presently, he serves on the Board of Directors for the Chicago Chapter of the Appraisal Institute. He is a recipient of the national President's Award and the President's Award for the Chicago Chapter. He was extremely honored when inducted into the Instructor's Hall of Fame for the Chicago Chapter...

Kerry M. Jorgensen, MAI

Kerry M. Jorgensen, MAI is an active real estate appraiser and owns a small firm in Utah. He has been an instructor for the Appraisal Institute for more than 30 years and has served that organization as a chapter president and on the national board of directors, as well as on numerous committees and project teams. He has authored courses and seminars and is a contributor to the current editions of The Appraisal of Real Estate and The Dictionary of Real Estate Appraisal. Among his awards and honors are the 2014 Armstrong-Kahn Award - For Outstanding Original Article in the Appraisal Journal, the 2015 Dr. William N. Kinnard, Jr...

Randall Neff, MAI, SRA

Randall Neff is a partner in Neff Valuation Group in Peoria, Illinois. Neff Valuation Group is a diverse practice that completes valuations of residential, multifamily, commercial and industrial properties for a variety of client types. Randall has been an appraiser since 1982, primarily involved in the valuation of commercial and industrial properties. He has been an instructor for approximately 20 years.

Member Benefits

Y.T. & Louise Lum Library

Enjoy 24/7 access to a world class research library. Select from thousands of articles, documents, industry research and more.

Find an Appraiser

Become a part of AI's comprehensive appraiser database that lists AI professionals from all over the world. It has become an indispensable resource to those seeking valuation services, as well as a source of business for appraisers themselves.

Career Center

Utilize the AI Career Center which serves as a resource for job seekers and employers alike, specializing in opportunities in the field of real estate appraisal.

AI Business Tools

Market and increase the visibility of your business with business cards and self-promotion templates highlighting your AI designation. Access report writing tools and resources on common appraisal business practices.

Education and Publications

Globally recognized education and texts at substantial savings

Industry Tools

State of the art commercial software products and support services to make your practice more productive

Annual Conference

Join your colleagues and AI thought leaders at this 3-day education conference and expo.

Leadership Development and Advisory Council (LDAC)

The Leadership Development & Advisory Council (LDAC) is a group of dedicated appraisers who come together once a year in Washington, D.C., to formulate solutions to problems and challenges faced by the appraisal profession.

Chapter Leadership Program

Don’t miss this valuable, information-packed event. A must attend event for: Incoming chapter presidents (attendance required), Chapter Executive Directors, other Chapter Officers, Executive Council Members and Committee Chairs.

Communities of Practice

Discuss hot topics, exchange ideas, share documents and other resources, and stay connected to your colleagues.

Leadership Resource Registry

Gain leadership skills and experience by volunteering to serve at the local, regional or national level.

AI Support Services and Charitable Entities

Services to support you and opportunities to support the profession

Insurance

Safeguard your practice and family through our partner programs selected expressly for you

Business Services and Other Discounts

Discounts on office support services, travel, AI apparel & more

Find An Appraiser

Search the Appraisal Institute's comprehensive appraiser database that lists professionals from all over the world. It has become an indespensible resource to those seeking valuation services, as well as a source of business for appraisers themselves.

This Directory lists real estate appraisers who are Designated Members, Candidates for Designation, or Practicing Affiliates of the Appraisal Institute.

Designated members who hold the MAI, SRPA, SRA, AI-GRS and AI-RRS designations have met rigorous requirements relating to education, experience and demonstration of knowledge, understanding and ability.

Find an Appraiser

What Our Members Say

"The Chicago Chapter of the Appraisal Institute offers the best real estate appraisal education in the industry. The Chapter offers many gatherings, ranging from meetings, seminars, classes and social events which allowed me to meet and mingle with like minded professionals and expand my network"

-David Binz, SRA

"Being a designated member has opened many doors. I get inquiries from all around the country looking for work from MAI's. I have also made many friends and have enjoyed the classes and seminars. I think anyone involved in the real estate industry would benefit working with AI. The Chicago Chapter of the Appraisal Institute is a comfortable facility with a friendly and knowledgeable staff."

-Bruce Darata, MAI

"CCAI has a proud history as being "the" innovative leader and influence in the Appraisal Institute. An aspiring appraiser cannot find a better environment or mentor network that encourage success. It offers outstanding opportunities in appraisal education and leadership. Many members have developed national fame for their specialties, published books and journal articles, seminars, and contributions to the profession. CCAI is truly a treasure. Nearing the end of my career, I personally realize the importance of CCAI in where I've been, what I've done, what I've learned."

-Richard C. Sorenson, MAI

"Whether just starting your career or already established, membership in The Appraisal Institute provides a wide variety of quality education options, consistently high ethical standards, and a variety opportunities to network with other appraisers, and related real estate and financial market participants."

-Karen T. Emerle, SRA

"Benefits of membership include up-to-date continuing education, opportunities to serve the appraisal professionals in the industry in various capacities, social interaction and access to a vast network of appraisal professionals. An MAI since 1984, and a member of the Chicago Chapter since1981, I strongly believe the Chicago Chapter of the Appraisal Institute could be an advantageous association for anybody who desires to be in the appraisal industry."

-Michael A. Wolin, MAI SRA

"The Appraisal Institute is the premier professional organization in the appraisal industry and the MAI designation is the most prestigious in the industry and widely recognized world-wide. The Chicago Chapter of The Appraisal Institute is an important appraisal industry organization that advocates for its members through educational services, legislative activities and social activities."

-John C. Satter, MAI

"Being a member of the Chicago Chapter of the Appraisal Institute has provided me with many wonderful networking opportunities with other appraisers from all over the country. Classes are offered at convenient locations both downtown and in the suburbs. The Chicago Chapter has provided me with an outstanding education through their vast offerings of qualifying education on my path to designation as well as continued education course offerings to help maintain my state licenses. I have made many great friends and colleagues at the Chicago Chapter, and am honored to be a part of this professional organization."

-Alexandra M. Meade, MAI, AI-GRS

"I joined the Chicago Chapter of the Appraisal Institute because of the excellent educational resources afforded members and the ability to speak with seasoned veterans of the Chicago Chapter of the Appraisal Institute. It is truly difficult to find fellow appraisers that truly understand the business and have such a depth of insightful knowledge. The Chicago Chapter is the proverbial North Star of chapters, in my opinion, as the depth of appraisal knowledge in the Chicago chapter runs from rural to urban properties and from nationwide to worldwide properties. Every commercial and residential appraiser would benefit from joining the Chicago Chapter just to be well informed and to have the ability to call a knowledgeable fellow appraiser for those complex assignments or insight into running a fee shop."

-Mark T. Gasick, SRA, AI-RRS

"The Chicago Chapter of the Appraisal Institute has been a great source of education to advance my career in the real estate appraisal industry. It also offers many opportunities for networking with my peers, as well as serving the organization."

-Cameron Rex, MAI

"The Chicago Chapter of the Appraisal Institute has established itself as one of the leading providers of appraiser education and training in the country, and actually the world. With the expansion and establishment of the four different designations, MAI, SRA, AI-GRS, and AI-RRS, education and training is more important than ever in the advancements of our careers as appraisers. Become a member of the Chicago Chapter and give some of your time and energy to make it great. It really is going to give back to you as much as you give to the organization and more. Whether it be sponsorships, or donations of time, it will make a difference in your life and career as an appraiser."

-Mark S. Whitsitt, SRA

"Prior to joining the Chicago Chapter, the leadership was very helpful to me, when I approached them with questions. So, I joined the chapter. Since joining, leadership opportunities have been made available to me that were not available at other chapters. I have also participated as a member. The members have been very supportive of me and helpful in my journey. I have enjoyed my time with the chapter members and hope to continue to do so."

-L. Stacy Letton, MAI, SRA

"As the owner of a small appraisal firm, I often struggle to find new opportunities to meet leaders and experienced appraisers in our industry. Becoming a member of the appraisal institute and getting involved in the chapter, has given me access to a vast network of these professionals, and has been the single greatest decision I have made as a leader, appraiser and a business owner."

-Sam Louise, Standard Valuation Services

"The Chicago chapter of the appraisal institute is a wonderful resource for continuing education and appraisal networking. I look forward to the annual conditions of the market seminar every year."

-Susan Z. Ulman, MAI

"Joining the Chicago Chapter of the Appraisal Institute was a defining moment in my career and over time has converted my business into a professional firm. The appraisal industry is changing and building strong relationships with other professionals is essential to staying ahead. Nowhere else can you find better real estate valuation experts."

-Kenneth J. Mrozek, Jr., MAI, SRA

"The Chicago Chapter’s website is my go-to resource in finding appraisers for my firm. In addition to being able to post available positions, I also can take a look at appraisers who are seeking work. This is a great resource available to Appraisal Institute members and affiliates."

-Kent D. Steele, MAI

"Becoming a member of the Chicago Chapter of the Appraisal Institute provided me an opportunity to network, as well as, employment opportunities. The majority of my employment opportunities were due to membership and access to the CCAI website. The benefits are surmountable when it comes to membership discounts on courses, educational offerings, employment postings, scholarship opportunities, etc. The Chicago Chapter of The Appraisal Institute is a professional powerhouse for real estate appraisers and other professional organizations of real estate services."

-Barbara Neal

"I have found the instructors at the Chicago Chapter and the fellow members are extremely willing to help others in this profession to succeed. Their help extends beyond the classroom into ones daily business practice. The Chicago Chapter of The Appraisal Institute has provided me with the tools to help me be better prepared for the challenges facing our profession. CCAI has been and continues to be made up of people who recognize a need and are willing to work to fill that need to improve the organization or a fellow member, often at great sacrifice to their own to their own needs."

-John G McMahon, SRA, AI-RRS

"The local chapter has the most comprehensive and frequent CE and QE offerings available to appraisers. The Staff at CCAI always WOW's the membership in customer service."

-Keith Wolf, SRA, AI-RRS

"The Chicago Chapter of The Appraisal Institute provides one of the largest networks of appraisers in the US. To be a part of the Chicago Chapter has not only benefitted person growth but professional growth as well. I believe any company would benefit with working with the CCAI. With an extensive membership and networking opportunities there is no limit to the cross impacts between business. The CCAI values its members and looks out for their best interests. To be as successful as it has been year over year is a testament to the strength its community."

-Kenneth Konrath, MAI

"I feel honored to be affiliated with what I considered to be some of the best appraisers in the country. The Chicago Chapter of the Appraisal Institute keeps me up to date with issues and I stay informed of the changes in the profession, some I even had to privilege of participating in their development. The Chicago Chapter gave me a good foundation for my career and has sustained me as I near retirement. But, one of the most important benefits are the relationships I developed with other members of the Chapter that have created lasting friendships."

-Sharon Bagby, SRA

"The Chicago Chapter of the Appraisal Institute provides high quality professional education, industry support, interesting social events and chances to become involved and meet with other appraisers. If you are looking to expand your appraisal knowledge and network with other appraisers, the chapter is by far the best option."

-Keith Solomon, MAI

Chicago Chapter of the Appraisal Institute Scholarships

These scholarships are funded by the Chicago Chapter of the Appraisal Institute. To learn more about the Chicago Chapter of the Appraisal Institute’s Scholarships visit this site. To make a donation or if you have any questions please contact Sarah Walsh at sarah@ccai.org.

Appraisal Institute Scholarships

These scholarships are funded by the Appraisal Institute Education Trust (AIET). To learn more about the AIET, visit the Appraisal Institute Education Trust. Or visit the Charitable Entities section to make a donation. Please email educationtrust@appraisalinstitute.org if you have any questions.

Newly Designated Members

MAI Members

MAI Members

Smedmore Montgomery Bernard, Jr., MAI

Abby C. Cain, MAI

Charles J. Crawmer, MAI

Marie-Danielle Faucher, MAI

Jacqueline L. Hujar, MAI, AI-GRS

Pedro Davi Jimenez, MAI

Salvatore A. Louise, MAI

Michael S. Lysien, MAI

Nina Audre Owen, MAI

Jourdan E. Sullivan, MAI

 

 

 

 

SRA Members

SRA Members

 

AI-GRS Members

AI-GRS Members

Ibiyinka A. Aboyade-Cole, MAI, AI-GRS

Joseph E. Batis, MAI, AI-GRS

Robert D. Becker, MAI, SRA, AI-GRS

Joseph J. Calvanico, MAI, AI-GRS

Jacqueline L. Hujar, MAI, AI-GRS

John R. Yast, MAI, AI-GRS

 

        

AI-RRS Members

AI-RRS Members

Warren C. Grover, SRA, AI-RRS

 

 

Chicago Chapter of The Appraisal Institute Newsletter

Get news and updates from the Chicago Chapter of the Appraisal Institute sent directly to you!

Click the button below to get started!

Job Board

Posted Jobs

Fri, 13 Nov 2020 20:58:21 GMT

Please postrnSeeking new partner.rnrnOver 40 year established appraisal firm in Traverse City. Four-person firm seeking new blood for sake of continuity and stability. Ideal candidate will be a designated member or advanced candidate. Buy in is working capital only plus small amount for fixed assets. The two existing partners will continue working. History of income and expense available with NA. Michael Tarnow, MAI, SRA, AI-GRS 231.995.8828

Michael Tarnow
mtarnow@nmrec.com


Residential Appraiser Wanted

Wed, 11 Nov 2020 16:21:02 GMT

A busy office is looking for a residential split-fee appraiser in Chicago or suburbs. ACI software will be provided. Great opportunity for trainees to learn the appraising or for certified appraisers to get orders in your area. Full time only. Please send your resume to vista103@gmail.com.

Lev Novoseletsky, SRA
vista103@gmail.com


Certified Independent Split Fee Real Estate Appraisers

Thu, 05 Nov 2020 18:07:40 GMT

Looking for Certified Independent Split Fee Real Estate Appraisers for any of the following counties: Cook, McHenry and Lake as well as Chicago alone. Must have E & O Insurance and appraisal software. 2+ years of experience preferred, but not mandatory.

Jeff Lawson
jeff@jalappraising.net


Argianas & Associates, Inc. - Trainee &/Or Certified General

Tue, 06 Oct 2020 21:39:14 GMT

Are you an everyday hero? At Argianas & Associates, we provide real estate valuations and consulting services that are always prepared with integrity, honesty and attention to detail. We are always on the lookout for people who understand that something as simple as returning a phone call can sometimes make you a client’s hero for the day. Do values matter to you? We were founded on simple principles that we demonstrate day-in and day-out. We put people first. We keep our promises. We stand by our word. We deliver only high caliber work. If this sounds like you, we want to meet you. Are you read to join our team? To learn more about us and inquire about joining our team, please visit www.argianas.com or email your cover letter and resume/cv to info@argianas.com.

Alex Argianas
info@argianas.com


Trainee (or Analyst) Position

Mon, 28 Sep 2020 16:05:12 GMT

Valucentric is seeking a full-time trainee appraiser (or valuation analyst) to join our team. We are a national, full-service, appraisal firm with a team-oriented environment, cutting edge technology, and proprietary software. Responsibilities for this position include analyzing data, gathering market research, and data entry. Candidate must possess strong organizational and analytical skills, as well as strong research skills. Candidate will work in a team format, alongside a senior valuation professional, and be tasked with supporting the entire valuation process. Candidate must have a strong commitment to the appraisal profession with a desire to advance. Strong analytical skills with attention to detail is a must. Proficiency in Microsoft Office applications (Word, Excel, and Outlook) is required. Compensation is commission based. W-2 employee with competitive benefit package, including health care and 401k. To submit your resume or for more information, please contact Peter Poulos, MAI at peter@valucentric.com

Peter Poulos
peter@valucentric.com


Appraisers Seeking Positions

Appraiser Trainee

Tue, 17 Nov 2020 16:08:02 GMT

I am seeking a mentor for Appraiser Trainee. I just passed the examination and although I am fairly new to Appraiser career, I have been Real Estate Broker for many years. I also completed numerous BPO's and PCR's. I am located in Niles, IL. Feel free to contact me at piotrg66@hotmail.com.

Piotr Ganatowski
piotrg66@hotmail.com


ICAP Logo

CCAI is a proud sponsor of the Illinois Coalition of Appraisal Professionals!

+The Appraisal Foundation makes USPAP available in a free/searchable PDF
Tue, 03 Nov 2020 5:00:00 GMT

The Appraisal Foundation makes USPAP introduction, and standards 1-4 available in a free/searchable PDF

To view full update login to the ICAP website.

+Real Estate Appraisal Webinar Featuring Mario Treto, Jr. & Brian Weaver
Mon, 05 Oct 2020 4:00:00 GMT

The webinar included a Q&A with Mario Treto, Jr. the Director of the DRE for the Illinois IDFPR and Brian Weaver the Real Estate Appraisal Coordinator of the Illinois IDFPR.

The Director discuss broad topics related to the Division of Real Estate including the impact of the Covid-19 pandemic, how new processes have improved the Department in terms of case load backlogs and processing times. The Director also discussed some of his priorities with regard to the upcoming changes to the Appraisal Act and AMC Rules.  Brian Weaver (Real Estate Appraisal Coordinator) covered more detailed topics and what ICAP members should expect to see going forward from the Department.

To view full update login to the ICAP website.

+The Appraisal Institute Writes a Letter to the Appraisal Foundation
Tue, 01 Sep 2020 4:00:00 GMT

The letter states that our nation is reflecting on important matters of racial justice and discrimination, and this dialogue includes matters involving real estate financing and economic development and that real estate appraisers play an undisputedly important role in real estate development and financing central to taxpayer protection, safety and soundness of financial institutions and the protection of consumers

To view full update login to the ICAP website.

+Fannie Mae updated Lender Letter LL-2020-04
Tue, 01 Sep 2020 4:00:00 GMT

Fannie Mae updated Lender Letter LL-2020-04

Fannie Mae updated Lender Letter LL-2020-04 extending temporary flexibilities through September 30th.  The letter states that during this COVID-19 national emergency, in many cases lenders are unable to obtain an appraisal based on a full interior and exterior inspection of the subject property. In response they are allowing temporary flexibilities to their appraisal requirements. They are working closely with Freddie Mac under the guidance of FHFA to offer these temporary measures.

To view full update login to the ICAP website.

+The Second Exposure Draft: Proposed Revisions to USPAP
Mon, 27 Jul 2020 4:00:00 GMT

Appraiser Standards Board Chair Wayne Miller and Vice President of Appraisal Issues Lisa Desmarais walk through the ASB's Second Exposure Draft. Be sure to submit any written comments to the ASB by July 30, 2020 for consideration. View the video and download the presentation.

To view full update login to the ICAP website.

Classroom Rental

Video created by Jason Burley

When looking for stat-of-the-art conference facilities in a convenient downtown Chicago loation, look no further thatn the Chicago Education & Conference Center. Located along the Chicago River on Wacker Drive, we have combined the art and science of hosting a business meeting or conference ensuring every event is a success.

The Art
When you walk down the marble-lined hallway you will find two sophisticated conference rooms, each surrounded with beautifully carved wood panels, 18 foot high ceilings and a full 1,750 square feet of meeting space with seating for up to 68. You will also be surprised to learn that by simply removing the soundproof dividing wall the two rooms can be combined for 3,500 square feet and seating for up to 136 participants.

The Science
In addition to our elegance, you will find state-of-the-art technology. Unlike most conference centers which charge you outrageous fees for equipment, these two conference rooms come complete with wireless internet access, computer data projection, audio and video conferencing, white boards, tablet PC's and document projection at no extra cost. We even include our on-site technology staff, ensuring your conference will proceed flawlessly.

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Corona Virus Resources

Click here to view collected information on the COVID-19 virus.