Broker/managing broker licensees: join us on Wednesday, March 22, for two courses on property taxes and real estate ethics!

Register now!

Note: These courses are sponsored by the Illinois REALTORS® in conjunction with the Decatur Association of REALTORS®, the Illinois Farm & Land Chapter of the REALTORS® Institute and the Illinois Society of Professional Farm Managers and Rural Appraisers

FI – 1103 Property Taxes in Illinois (3-hour elective)

Time: 9 a.m. – Noon (Registration 8:30 a.m. – 9 a.m.) Instructor: Norm Willoughby — License # 563-000113

DESCRIPTION: This course is an introduction to the basic principles and concepts of the Illinois property tax system. Property taxes in Illinois are the major source of revenues for local unites of government, schools and local taxing bodies and districts. Over the past 30 years, property taxes have become a major expense for property owners and can be an obstacle to ownership. The property tax system in Illinois is confusing, cumbersome and intimidating to most citizens. The purpose of this course is to give real estate agents a better understanding of the system and provide a simple approach to the basics of property taxes. The agent should then be able to better explain and provide information to their clients, when assisting them in a real estate transaction. Test required at completion of program.

ETH – 1517 Real Estate Ethics (3-hour elective)

Time: 1 p.m. – 4 p.m. Instructor: Norm Willoughby — License # 563-000113

DESCRIPTION: This course will provide the student with an up to date look at the National Association of REALTORS® 2014 Code of Ethics. It provides a history of the Code of Ethics, a study of the Code of Ethics and Pathways to Professionalism. In addition, the student will learn the process of ling an ethics complaint and a request for arbitration and how it is adjudicated within the local board/association. Finally, the student will review case interpretations authorized by the National Association of REALTORS® and learn how the cases were evaluated and resolved. Test required at completion of program.

Note: Registration for these activities is separate from and DOES NOT include registration for the Illinois Land Values Conference

Lodging: A block of rooms is reserved for Tuesday, March 21 at the Doubletree by Hilton. Room rate is $120 plus taxes under “Illinois Society of Farm Managers” block.  Call 309-664-6446 or 1-800-333-FREE to make reservations. Room block expires on February 28.

Thanks for your interest. Unfortunately, we are now SOLD OUT and are unable to accept more registrations for this seminar.

This is an advanced course designed to apply valuation techniques to properties which include mineral rights, water rights, timber and/or wind. The course differentiates between each of these property rights, yet identifies whereby the basic valuation process can be applied.

It’s scheduled for March 22 (the day before the Illinois Land Values Conference) at the Doubletree by Hilton in Bloomington.

Instructor: John Widdoss, ARA, MAI – Hall-Widdoss & Company

Register now!

The seminar qualifies for eight hours of continuing education for appraisers with the Illinois Department of Financial and Professional Regulation’s Appraisal Division and the AFSMRA.

Appraisal procedures and techniques are addressed emphasizing market extraction or all components used in the three approaches to value.

• The mineral section of the course contains segments which consistently apply the appraisal theory and procedures to elements such as surface mining.
• The water section deals with commercial and recreational applications, split estates and ownership.
• Timber, mineral deposits and water rights are uniformly analyzed to demonstrate common valuation processes applicable to otherwise unique and complex properties.

This course provides practical applications in each of the valuation approaches through case studies.

We have set aside a block of sleeping rooms at the Doubletree. The nightly rate for the Land Values Conference is $120. Make reservations by calling the hotel directly at 309-664-6446. The room block is in the name of Illinois Society of Farm Managers. Lodging reservations must be made by February 28, 2017.

Download our PDF for more information: Appraising Natural Resources – March 2017.