Important Announcement! - TALCB’s license management system is offline until December 15 when the new Real Estate and Appraiser License Management Portal (REALM Portal) launches. Learn more at www.talcb.texas.gov/lms.
The Board met for its regular quarterly meeting on Thursday, February 9th to elect officers, appoint committees and mentors, propose and adopt rules, and consider disciplinary cases. It was a full agenda as usual and staff did a great job of preparing for the many business items we needed to attend to.
In February 2017, the Appraisal Standards Board (ASB) of the Appraisal Foundation adopted revisions to the Uniform Standards of Professional Appraisal Practice (USPAP) for the 2018-19 edition. This process began with the issuance of a Discussion Draft in January 2016 and was followed by three exposure drafts of proposed revisions to USPAP. The changes adopted by the ASB at its meeting on February 3, 2017, will be incorporated in the 2018-19 edition of USPAP and associated guidance materials. These changes will become effective on January 01, 2018.
TALCB has commissioned a survey of appraisers and AMCs in Texas to document fees paid for appraisal reports in 2016.
The Texas Appraiser Licensing & Certification Board has engaged the Hobby School of Public Affairs at the University of Houston and the Real Estate Center at Texas A&M University to conduct a survey to learn more about the practices of appraisers and appraisal management companies (AMCs) that operate in the state of Texas, including on the topic of fees charged and paid for common appraisal reports. We invite you to participate.
Applicants must submit fingerprints to apply for or renew a license.
The Texas Appraiser Licensing & Certification Board (TALCB) is pleased to announce the appointment of Tony Pistilli and Angelica Guerra to the Appraisal Managment Company (AMC) Advisory Committee with terms to expire in January 2018. Sara Oates and Larry McNamara were reappointed to the Committee with terms expiring in 2017. The Vice-Chair of TALCB, James Jefferies, serves as the chair of the AMC Advisory Committee. The Committee advises the Board on all matters related to Appraisal Management Company regulation.
“What do you think this property is worth?” All of us who are in the real estate profession have been asked this question hundreds of times. You try to answer it for a customer or client each time you do a Comparative Market Analysis (CMA) or a Broker Price Opinion (BPO). As a license holder, you are allowed to perform this task in the name of the broker as a distinct service and for a separate fee.
Governor Abbott has signed the Texas Appraiser Certification Board (TALCB) housekeeping bill, SB 1007 into law. This bill affects many aspects of Chapter 1103 of the Texas Occupations Code, which is the governing chapter for Texas appraisers. Some key changes are described below; to read the bill in its entirety please refer to the Texas Legislature’s website.
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