PROFESSIONAL DESIGNATIONS: Brian J. Davis, RAA Appraiser Qualifications CIAO, Certified Illinois Assessing Officer, Illinois Property Assessment Institute, Oct. 1995. to Present RAA, Residential Accredited Appraiser, National Assoc. of REALTORS - Section, May, 2000 to Present ILLINOIS STATE CERTIFICATION: State Certified Residential Appraiser - 1993 #156.0000353 -Office of Banks and Real Estate SPECIALIZED REAL ESTATE EDUCATION: Attended and successfully completed the following appraisal courses offered by The Society of Real Estate Appraisers, Institute, or International Association of Assessing Officers. SRA, Senior Residential Appraiser, The Institute, Oct. 1988 to Oct. 2004 SREA Course 101, An Introduction to Appraising Real Property (April, 1985). SREA Course 102, Applied Residential Property Valuation (October, 1986). Institute, Standards of Professional Practice (July, 1991). Institute Course I-310, Basic Income Capitalization (June 11, 1995) Fundamentals of Mass #300 (IAAO - June 1997) Principals of Property Assessment #450 (IAAO - Nov. 1998) Institute, USPAP - Standards of Professional Practice C #430 (May, 1999). Institute #600,Valuation of Small Mixed Use Properties (May 1999) Application of Residential Modeling Concepts (AVM) #322 (IAAO - July 2000) Intro. to Income Producing Properties for Assessment Officials (IPAI - August 2001) Attended various other appraisal courses, seminars and workshops with no exam including: Accrued Depreciation ( Institute-1993) Relocation Issues - '93 ( Institute - 1993) Feasibility Analysis and Highest and Best Use - Residential ( Institute - 1994) Review - Residential Properties ( Institute - June 1994) Understanding Limited s and Reporting Options - Residential (1994) How to Appraise FHA-Insured Property ( Institute - Jan. 1995) Basic Assessment Practices (Ill. Property Assessment Institute - March 1995) Highest and Best Use Applications - Commercial ( Institute - March 1996) Special Purpose Properties/Appraising in Limited Markets ( Institute - April 1996) Dynamics of Office Building Valuation ( Institute - May 1996) Alternative Residential Reporting Forms ( Institute - September 1996) Fundamentals of Sales Ratio Analysis (IL. Property Assessment Institute - August 1996) Analyzing Operating Expenses ( Institute - February 1997) CAMA (Automated Valuation Modeling) Workshop #352 (IAAO - Dec. 1998) Residential Design & Functional Utility ( Institute -February 1999) Technology and the Modern Appraiser (Alamode - March 1999) Appraisers and Fair Lending ( Institute - May 1999) Residential Factor Analysis Using Statistical Software (IL. Property Assessment Institute - 7/99) Regression Analysis in Practice ( Institute - September 1999) ERC erelay Spoke Training (Employee Relocation Council - October 1999)
Valuation of Detrimental Conditions in Real Estate ( Institute - July 2001) The ERC Relocation ( Academy - August 2001) Automated or Streamlined Underwriting and Limited s ( Academy - August 2001) Consulting: Solutions Approach For Professionals (AI - April 2003) Uniform Standard of Professional Practice Update (AI -August 2003) Illinois Appraisers Update Seminar (July 2003) The Valuation of Subsidized Housing; Sec. 8, 42, and 515 (IAAO - Sept. 2003) The Property Tax As A Fiscal Lifeline (Lincoln Institute of Land Policy - Sept. 2003) Scope of Work: Expanding Your Range of Service (AI - June 2004)
FORMAL EDUCATION: Bachelor of Arts - Business Administration with minor in Accounting Graduate Study - individual courses completed: Marketing - Business Law - Managerial Accounting PROFESSIONAL MEMBERSHIPS: Residential Accredited Appraiser (RAA) Member - NAR Section - 2000 to Present Past President of Central IL Chapter Society of Real Estate Appraisers (AI) - 1984 Member of the International Association of Assessing Officers (IAAO) - 1997 to Present Member of the Illinois Coalition of Professionals (ICAP) - 1995 to Present Member of the Illinois Association of REALTORS Member of the National Association of REALTORS - (NAR) 1994 to Present REALTOR member of the Bloomington-Normal Association of REALTORS - 1994. PAST MEMBERSHIPS: Senior Residential Appraiser (SRA) Member - Institute - 1988 to 2004 PROFESSIONAL EXPERIENCE: April 1984 to July 1992: Staff Appraiser for Champion Federal Savings & Loan., 115 E. Washington St., Bloomington, Illinois, appraising single-family, condominium, and small income (2-4 family) properties. July 1992 to February 1994: Staff Appraiser for First of America Mortgage Co., 115 E. Washington St., Bloomington, Illinois, appraising single-family, condominium, and small income (2-4 family) properties. February 1994 to present: Brian J. Davis & Associates, 1303 Dover Rd., Bloomington, IL 61704, appraising single-family, condominium and small income (2-4 family) properties. March 1995 to present: General Appraiser II, City of Bloomington Township, Assessors Office. Valuation of commercial properties. A partial list of financial, corporate and governmental clients: Busey Bank of McLean Co., Bloomington, IL Associates Relocation Management Co., Inc. Caterpillar, Inc., Peoria, IL Coldwell Banker Relocation Services, Norwalk, CT USDA Farmers Home Administration, Champaign, IL FannieMae, Dallas-Chicago FHA, Dept. of HUD, Chicago, IL Farmer City State Bank, Farmer City, IL Flanagan State Bank, Bloomington, IL US Bank, Bloomington, IL National City Bank, Bloomington, IL Cendant Mobility Relocation, Oakbrook, IL STARS / Cendant Mortgage Services, Inc, Mt. Laurel, NJ Prudential Relocation, Schaumburg, IL
Assignment Type Form Development Process Bloomington/ Normal Fee McLean Co. Fee Single Family URAR, Rev. 6/93 Complete $275 $325 Single Family (FHA) URAR, Rev. 6/93 w/ VC Sheet Complete $325 $350 Single Family (Rental) URAR and Comp. Rent Schedule Complete $350 $400 "Drive-By" - Exterior FNMA 2055 or 2065 Limited $200 $250 "Short Form" - Interior FNMA 2055 or 2065 Limited $225 $275 Marketability & Condition Report Freddie Mac 2070 FNMA 2075 Exterior Inspection Interior Inspection $100 $175 Inspection - Payout Inspection Table Inspection Only $100 $100 ERC - Employee Relocation Compliance Inspection - FHA Review ERC Complete $550 $600 HUD VC Sheet or Compliance Field Review Desk Review Inspection Only $100 $100 Exterior Inspection No Inspection $225 $275 Update with Comps. Recertification / Update of Value Report Limited $200 $250 Update without Comps. Update Limited $125