I thought it would be helpful to share with you a report card on our progress implementing the requirements and suggestions outlined the final report from the agency’s recent Sunset review.
The Board met for its regular quarterly business meeting on Friday, May 17th and we had an extensive and important agenda. We heard progress reports from all of our committees, each of which had met since our last regular meeting in February, some more than once. Enforcement, Budget, Education and Executive all had very productive working sessions. The agency is making steady progress on several key issues and we are so grateful for the members who offer extra time and effort to advance our mission.
The Survey Research Institute at the Hobby School of Public Affairs is conducting a study on behalf of the Texas Appraiser Licensing & Certification Board to learn more about the experiences of appraisers in the state of Texas.
Appraisers have been invited to take part in the survey by email on May 29. This survey asks questions about experiences in the field, the types of appraisals conducted, fees paid, and the factors that affect these fees.
In this article, we continue our discussion from Using Recognized Methods and Techniques - Part I published previously, as we explore the use of recognized methods and techniques to develop adjustments when using the sales comparison approach for a residential appraisal, answer a frequently asked question, and identify resources available to assist an appraiser.
Clients and intended users of appraisal services are paying greater attention to whether appraisers employ and document the use of recognized methods and techniques (sometimes referred to as generally accepted appraisal methods). While this has long been a requirement of the Uniform Standards of Professional Appraisal Practice (USPAP), clients and other users of appraisal services have increasingly looked to the appraiser to support the analyses used when developing an opinion of value.
Take a moment to fill out our all new Customer Satisfaction Survey!
Even without a legislative session, April is always a very busy month. So this year, that is especially true with our agency focused on the final steps of the Sunset review process as well. We greatly appreciate the anticipated improvements this process will bring to the services we provide to the people of Texas and the license holders we also serve. It has always been this agency’s policy to partner with our license holders in order to better serve their clients, the ultimate objective of both the profession itself and our regulatory efforts.
After careful consideration, we have decided to discontinue the ACH payment option for our online services. Effective April 1, 2019, all payments submitted through our online services will require a debit or credit card. We apologize for any inconvenience this may cause.
Scammers or Spammers sometimes try to copy and email and text from messages from TREC or TALCB to trick you into providing personal information. We know this can be confusing and frustrating, and we want to help make sure you don't fall victim to these schemes.
The Board Amends Rule 159.155 Regarding Periodic Review of Appraisals by AMCs
The Texas Appraiser Licensing and Certification Board (TALCB or Board) recently amended Rule 159.155(a)(2) to reduce from 5% to 2% the number of appraisal reports that need to be randomly reviewed each year by an AMC licensed to operate in Texas.