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

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

Quickly search our upcoming education events.

Chapter Bulletin

Appraiser Diversity Initiative

Appraiser Diversity Initiative

Interested in becoming an appraiser? Join the Appraisal Institute, Fannie Mae and Freddie Mac for more information on becoming an appraiser.

Conditions

Working towards your MAI designation?

CCAI will be offering designation education this fall. Review our listings for 2022.

scholarships

CCAI 2022 Scholarship Program

CCAI offers numerous scholarships for Practicing Affiliates and Candidates for Designation. Deadlines are March 1 and September 1.

ICAP announces their 2022 Virtual Seminar

Speakers will discuss appraiser liability, state of the industry, DEI and more.

Appraisal Institute National Update Bulletin

AI News

Hybrid Appraisals Can Offer New Opportunities for Appraisers: The Appraisal Journal
Thu, 11 Aug 2022 08:30:00 GMT

Appraisers should be prepared with the knowledge necessary to meet the demand for bifurcated or hybrid appraisals, according to an article published this week in The Appraisal Journal.

Rapid Growth and Influx of New Residents Pushes Austin Affordability to the Limit: Valuation Magazine
Tue, 26 Jul 2022 08:30:00 GMT

The Mountain West states are seeing a surge of new residents — and home prices are skyrocketing. Find out how some of the most popular areas are handling the influx and the challenges to their economies and lifestyles in the second quarter 2022 issue of Valuation magazine.


View All

Industry News

Economy is Slowing, Housing Starts and Home Sales Both Decline, Data Reveals
Wed, 03 Aug 2022 08:30:00 GMT

The Conference Board Leading Economic Index, which assesses the 3-6-month economic outlook, dropped 0.8% in June, the fourth consecutive monthly decline, Fannie Mae reported July 22. Existing home sales were down 5.4% in June, the lowest point in two years, and housing starts dropped 2% to the lowes [...]

Federal Reserve Planning More Rate Increases to Curb Inflation
Wed, 03 Aug 2022 08:30:00 GMT

Federal Reserve Chair Jerome Powell on July 27 raised the benchmark U.S. interest rate 75 basis points to a range of 2.25% to 2.5%, and noted that the Fed will continue tightening monetary policy, including additional interest rate hikes, to help curb inflation, Bloomberg reported.


View All

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

Adam Cline, MAI

Lauren Michelle Trilling, MAI

 

 

 

 

 

SRA Members

SRA Members

Andrew Voorheis, SRA

DaShawn A. Weaver-Drew, SRA

 

 

AI-GRS Members

AI-GRS Members

Alan R. Geerdes, MAI, AI-GRS

 

        

AI-RRS Members

AI-RRS Members

 

 

 

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

Certified Appraiser

Tue, 09 Aug 2022 15:20:05 GMT

We are seeking part-time Certified Appraisers to join the S&P Team. You will maintain the flexibility of an independent appraiser and dictate your work-load. S&P Appraisals, Inc. is a 25+ year-old firm that values long-term business relationships. Our support team is at your disposal and will help you become a better and more efficient appraiser. ACI and E&O are required. Please e-mail resume

Carmen J. Smith
spappraisals@sbcglobal.net


Anlayst

Tue, 26 Jul 2022 0:32:17 GMT

The Chicago Office of Integra Realty Resources, the nation’s largest independent valuation and consulting firm with Industry leading tools and technology is seeking a Commercial Real Estate analyst to assist our office of commercial real estate appraisers in the analysis of complex commercial real estate and production of commercial real estate appraisal reports. Position involves working with demographic data sources and researching commercial real estate transactions, including sales, rentals and lease rates. The job requires working closely with commercial real estate appraisers internally and various external data sources, including third party data aggregators, real estate brokers, buyers, sellers and government agencies. Entering collected and verified data into Integra’s proprietary software and third-party software. This is a hybrid position with potential for full time remote. Compensation: • Full time salaried position • Health, life, and disability insurance benefits • 401(k) retirement plan with company match Requirements: • Excellent analytical skills, attention to detail, written and verbal communication skills. • Excellent time management skills with the ability to balance multiple complex assignments with varying deadlines. • Microsoft Word and Excel skills. • Self-motivation with ability to work autonomously or as a team member. Contact Ron DeVries, MAI, SRA rdevries@irr.com

Ron DeVries
rdevries@irr.com


Vice President - Valuation Advisory (Real Estate)

Fri, 22 Jul 2022 1:19:50 GMT

Stout is seeking a Vice President level candidate to join the Chicago Office. This position offers a rare opportunity to join the leadership ranks of a well-established/respected Real Estate Valuation group. If you are looking for the opportunity to expand your horizons beyond the traditional Bank work, Stout is the place for you. With Stout, you’ll have the opportunity to work nationally and even internationally on engagements for a variety of purposes including financial reporting, purchase price allocation, estate and gift tax appraisal, condemnation, property tax appeal, bankruptcy, shareholder disputes, damage cases, divorce settlement, and other types of litigation support. In addition, you will regularly interact with colleagues from other valuation disciplines including Business Valuation and Machinery/Equipment Valuation. Expectations are high at Stout, but with high expectations come just rewards. We have a very supportive environment, and we pride ourselves on providing our employees every opportunity for career and personal growth. Position: Vice President – Real Estate General Purpose: Real estate valuation of commercial, multi-family residential, and special use property types including office buildings, retail shopping centers, apartment complexes, industrial facilities, healthcare and senior housing properties. Responsibilities also include managing and reviewing appraisal work of Associates and Analysts. Some travel is required. Major Duties and Responsibilities:  Completing appraisals of a variety property types (including property inspections, market research, preparation of analysis, and report writing)  Project management – overseeing a team of Analysts and Associates  Interacting with clients  Some marketing and business development (e.g., actively participating in networking events and conferences)  Managing Associates and Analysts (assisting with their scheduling, review of work product, mentoring, training)  Consult with high-level professionals including attorneys, CFOs, CEOs, Corporate Controllers, Directors of Acquisition, Accounting Firms, and owner/operators of real estate Knowledge, Skills & Abilities:  Strong verbal and written communication skills  Strong analytical skills  Understanding of financial and real estate principles  Knowledge of Microsoft Word and Excel  Proficient in Argus Enterprise  Strong management skills  Highly motivated and goal oriented  Good interpersonal skills (With both clients and co-workers)  Detail oriented  High quality control abilities  Tenacious, but team oriented  Creative and Positive  Interest and/or Active Involvement in Related Professional Associations Education and/or Training:  Must be a State Certified Commercial Appraiser  Pursuing an MAI designation preferred  4-year degree in real estate, finance, economics or general business  Minimum 4 – 5 years of experience in real estate appraisal required  Extensive knowledge of Microsoft office products, particularly Excel and Word  Proficient in Argus Enterprise  Must have a valid driver’s license Why Stout? Our goal is to provide a comprehensive Total Rewards program that includes competitive compensation, benefits & wellness programs that allows employees to choose what’s most important to them at any life stage. At Stout, we are committed to the personal and professional development of our employees while fostering a diverse and inclusive environment. Stout Culture: We honor the fundamental value and dignity of all individuals. We are committed to representing and including the unique experiences, perspectives, and backgrounds of our people, partners, and the communities we serve. Our core values embrace a culture of inclusion and the equitable treatment of all team members, starting with Stout’s leadership and spreading across the organization. We strive to recruit, develop, and retain individuals with an array of talents, ideas, and experiences that propel the entrepreneurial spirit and exceptionalism that drive our success. To learn more about our commitment to diversity, equity, and inclusion, click here. Professional Development: To foster employee development we offer ongoing training and learning opportunities, employee resources groups, mentorship programming, and professional designation reimbursement. We believe in timely and proactive performance excellence, ongoing 360 feedback, clear performance expectations at each level, and quarterly check-ins with your manager ensure you are supported and growing your career. Stout Benefits: Stout offers a variety of benefits to meet the ever-changing needs of our employees throughout their career at Stout. View our Benefits page to see what this can look like for you. Flexible Work Schedules: Work-life balance is important to us and we want our employees to have balanced lives, which is why we have a discretionary time off policy for all salaried exempt employees. This gives you the ability to take time off as appropriate. The specific statements shown in each section of this description are not intended to be all-inclusive. They represent typical elements and criteria necessary to successfully perform the job. **An Equal Opportunity Employer** SRR is an Equal Employment Opportunity / Affirmative Action employer. All qualified applicants will receive consideration for employment on the basis of valid job requirements, qualifications and merit without regard to race, color, religion, sex (including pregnancy), sexual orientation, gender identity, national origin, physical or mental disability, protected genetic information, protected veteran status or any other characteristic protected by applicable local, state or federal law.

Stephanie Gray
sgray@stout.com


Associate - Valuation Advisory (Real Estate)

Fri, 22 Jul 2022 1:17:04 GMT

At Stout, we’re dedicated to exceeding expectations in all we do – we call it Relentless Excellence ®. Both our client service and culture are second to none, stemming from our firmwide embrace of our core values: Positive and Team-Oriented, Accountable, Committed, Relationship-Focused, Super-Responsive, and being Great communicators. Sound like a place you can grow and succeed? Read on to learn more about an exciting opportunity to join our team. At Stout, we’re dedicated to exceeding expectations in all we do – we call it Relentless Excellence ®. Both our client service and culture are second to none, stemming from our firmwide embrace of our core values: Positive and Team-Oriented, Accountable, Committed, Relationship-Focused, Super-Responsive, and being Great communicators. Sound like a place you can grow and succeed? Read on to learn more about an exciting opportunity to join our team. General Purpose: Real estate appraisal of commercial property types including office buildings, retail shopping centers, apartment complexes, industrial facilities, and special purpose property. Professionals in the Stout Real Estate Practice deliver valuation and advisory solutions to clients for estate & gift tax appraisal, financial reporting, purchase price allocation, litigation, financing, purchase sale/advisement, insurance, condemnation, shareholder disputes, and due diligence. In addition, you will regularly interact with colleagues from other valuation disciplines including Business Valuation and Machinery/Equipment. With a global reach, wide-ranging industry expertise and clientele spanning the entire real estate sector, our services provide clients with the highest-level of market insight, analysis and transparency. Major Duties and Responsibilities: • Property inspections • Market research • Real estate valuation analysis • Report writing • Database management • Consult with high-level professionals including attorneys, CFOs, CEOs, Corporate Controllers, Directors of Acquisition, Accounting Firms, and owner/operators of real estate Knowledge, Skills & Abilities: • Highly motivated • Detail oriented • Strong verbal and written communication skills • Tenacious, but team oriented • Creative • Positive • Basic understanding of financial and real estate appraisal principles for financial reporting • Extensive knowledge of Microsoft Office products, particularly Excel and Word • Some knowledge of Argus Enterprise preferred Education and/or Training: • Minimum 1-2 years of commercial real estate appraisal experience preferred • 4-year degree in real estate, finance, economics, or general business • Pursuing State Certified General Appraiser License • Must have a valid driver’s license Why Stout? Our goal is to provide a comprehensive Total Rewards program that includes competitive compensation, benefits & wellness programs that allows employees to choose what’s most important to them at any life stage. At Stout, we are committed to the personal and professional development of our employees while fostering a diverse and inclusive environment. Stout Culture: We honor the fundamental value and dignity of all individuals. We are committed to representing and including the unique experiences, perspectives, and backgrounds of our people, partners, and the communities we serve. Our core values embrace a culture of inclusion and the equitable treatment of all team members, starting with Stout’s leadership and spreading across the organization. We strive to recruit, develop, and retain individuals with an array of talents, ideas, and experiences that propel the entrepreneurial spirit and exceptionalism that drive our success. To learn more about our commitment to diversity, equity, and inclusion, click here. Professional Development: To foster employee development we offer ongoing training and learning opportunities, employee resources groups, mentorship programming, and professional designation reimbursement. We believe in timely and proactive performance excellence, ongoing 360 feedback, clear performance expectations at each level, and quarterly check-ins with your manager ensure you are supported and growing your career. Stout Benefits: Stout offers a variety of benefits to meet the ever-changing needs of our employees throughout their career at Stout. View our Benefits page to see what this can look like for you. Flexible Work Schedules: Work-life balance is important to us and we want our employees to have balanced lives, which is why we have a discretionary time off policy for all salaried exempt employees. This gives you the ability to take time off as appropriate. The specific statements shown in each section of this description are not intended to be all-inclusive. They represent typical elements and criteria necessary to successfully perform the job. Stout is an Equal Employment Opportunity / Affirmative Action employer. All qualified applicants will receive consideration for employment on the basis of valid job requirements, qualifications and merit without regard to race, color, religion, sex (including pregnancy), sexual orientation, gender identity, national origin, physical or mental disability, protected genetic information, protected veteran status or any other characteristic protected by applicable local, state or federal law. Stout values a diverse workforce and strongly encourages women, people of color, members of the LGBTQ+ communities, veterans, people with disabilities and members of other underrepresented communities to apply.

Stephanie Gray
sgray@stout.com


Commercial Appraiser - Real Estate Risk Sr. Officer - SVP

Tue, 14 Jun 2022 19:30:19 GMT

This will be a 100% remote position Perform critical reviews of externally prepared commercial appraisals to ensure that the value conclusions are accurate and that the report is in compliance with all necessary requirements. Primary area of responsibility is Midwest and South US. Report to Regional Appraisal Manager for the Midwest and South region. May be asked from time to time to head up an ad hoc team for valuation due diligence or a special project. Responsible for managing the day-to-day appraisal reviews for which they have been assigned. Contract with vendors; manage vendors to on-time delivery and quality product and maintain the timely status of each assignment on a common job tracking system. Prepare market studies for a metropolitan area. Provide market intelligence to the lenders on a specific deal. Prepare internal appraisals. Perform sensitivity analyses for property cash flow projections. Resolve any issues that are not compliant with Citibank policies or conclusions that are not reasonable. Advise risk managers in addressing complex real estate issues. May evaluate feasibility of a complex investment. Objectively provide risk managers with a balanced view of the risk associated with a given property. Opportunity to work with a wide variety of property types across the US ranging from small, single assets to large portfolios. Minimum of 7+ years of appraisal experience with at least 3 years in a lending institution. Should have Bachelor Degree and may have advanced degrees. Must have completed and passed all Appraisal Institute classes necessary for the MAl designation, or equivalent education. Must be a state Certified General Appraiser. Have outstanding breadth and depth of appraisal expertise that includes all common property types (apartments, retail, office, industrial, land, and subdivisions) in addition to special purpose properties (hotels, assisted living, convenience stores, gas stations, etc.), as well as affordable housing. Must have a strong sense of the characteristics affecting value in their region. Highly productive and efficient as a reviewer. Work autonomously and require little direction for single properties as large as $100MM+ in value. Would be considered Subject Matter Expert for commercial appraisal. Proficient computer skills for MS Office. Outstanding proficiency in Argus DCF software and MS Excel. Must have a comprehensive understanding of USPAP in addition to Fannie Mae, Freddie Mac and SBA appraisal requirements. Must have a good understanding of FIRREA and all other subsequent Regulatory Policies concerning appraisals. Outstanding analytical skills. Strong interpersonal skills. Work well under pressure and multi-task. Outstanding organization and management skills. Must have strong verbal and written communication skills. Capable of being effective in decision making and outstanding problem solving skills. Sustain good relationships with internal clients and external consultants. https://citi.wd5.myworkdayjobs.com/2/job/Telecommuter-Illinois-United-States/Commercial-Appraiser---Real-Estate-Risk-Sr-Officer---SVP_22492597 ------------------------------------------------- Job Family Group: Risk Management ------------------------------------------------- Job Family: Real Estate Risk ------------------------------------------------------ Time Type: Full time ------------------------------------------------------ Citi is an equal opportunity and affirmative action employer.



Appraisers Seeking Positions

Appraiser Trainee

Sat, 26 Mar 2022 1:49:22 GMT

Hello, My name is Tynisha Belk. I am seeking an appraiser trainee position in the Chicagoland area and its surrounding suburbs (or within 50 miles of my location). I am currently a full-time Senior Conflicts Analyst at a law firm. I have a Broker’s license and prior work experience in valuation services and I am looking to gain (paid) experience with a Supervisor based on their needs. I have completed all the appraisal trainee coursework (Basic Principles, Basic Procedures, and USPAP) through McKissock and have a goal of obtaining my license in April. I strive to maintain accuracy and consistency in task completion, individual performance and team goal-achievement, using acute attention to detail. Additionally, I offer organization, critical thinking and scheduling flexibility. My goal is to apply property valuation and market research to support increased efficiency. I believe my interpersonal and evaluating property condition abilities will provide an invaluable asset to your team. I would welcome the opportunity for an interview to further discuss the position and the ways in which I can positively impact. If you have any questions or would like to connect with me, feel free to reach out to me via email belkrealty@gmail.com I am looking forward to hearing from you soon.

Tynisha Belk
belkrealty@gmail.com


ICAP Logo

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

+Proposed Changes to the Uniform Standards of Professional Appraisal Practice (USPAP)
Fri, 29 Jul 2022 0:00:00 GMT

Third Exposure Draft USPAP - July 26, 2022

To view full update login to the ICAP website.

+Fannie Mae - Standardized Property Measuring Guidelines
Thu, 21 Jul 2022 0:00:00 GMT

Updated guidance including some new and substantively revised FAQs

To view full update login to the ICAP website.

+The Appraisal Institute writes a letter to the House Veterans’ Affairs Committee
Mon, 16 May 2022 0:00:00 GMT

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.

To view full update login to the ICAP website.

+ICAP Signed a Letter to the Editor
Thu, 07 Apr 2022 0:00:00 GMT

ICAP along with the Chicago Chapter of the Appraisal Institute as well as the National Organization of the Appraisal Institute wrote a letter to the Editor of The Chicago Sun Times.  The letter comes in response to a recent article in the Chicago Sun Times titled “Ending racial bias in home appraisals”.

To view full update login to the ICAP website.

+About Desktop Appraisals
Wed, 23 Mar 2022 0:00:00 GMT

Leveraging the wealth of big data, the power of advanced analytics, and the speed of technology, appraisers can perform desktop appraisals without physically inspecting the property.  This fact sheet provides a summary for reference only. All criteria are subject to the formal terms and conditions of the Selling Guide

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.

Our Sponsors

X

2019 Installation Celebration!