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Appraiser and AMC Fee Survey Results Announced

TALCB is pleased to announce the results of the 2017 Appraiser and AMC Fee Survey. TALCB 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. A total of 1,038 appraisers and 59 appraisal management companies doing business in the state of Texas participated in the survey.

Appraiser Complaint Rates Clarified

You may have heard about or read an article published in the Spring 2017 edition of Appraisal Buzz magazine entitled “When You Get Notice of a State Complaint”. This article discusses the complaint process in general and what to consider if you receive a complaint about your appraisal practice. Near the beginning of the article, reference is made to residential appraisers in Texas having “roughly one in six” odds of a complaint being filed against them with the Texas Appraiser Licensing and Certification Board during “one particularly busy year”.

Governor Abbott Signs TALCB Legislation

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.