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The Sunset Review of the Texas Real Estate Commission and Texas Appraiser Licensing & Certification Board

The mission and performance of the Texas Real Estate Commission and Texas Appraiser Licensing & Certification Board are under review by the Legislature as required under the Texas Sunset Act.  The Act provides that the Sunset Commission, composed of legislators and public members, periodically evaluate a state agency to determine if the agency is still needed and to explore ways to ensure that the agency's funds are well spent.  Based on the recommendations of the Sunset Commission, the Texas Legislature ultimately decides whether an agency continues to operate into the future.

From the Commissioner - January 2018

Happy New Year! It’s January and 2018 promises to be filled with important activity. First, our federal oversight agency, the Appraisal Subcommittee will visit us in early February to complete their biennial audit. Their last two visits have resulted in a clean audit with no findings and we expect the same this year as well.

Commissioner Comments - November 2017

October has just concluded and November is here.  This is always an exciting time with the World Series (How about those Astros!?), Halloween and Dia de Los Muertos, and the beginning of deer hunting season in Texas.   October 31 also closes our State Employee Charitable Campaign month, with new highs reached each year for generosity by our team members.

Appraising After a Natural Disaster

The appraiser faces many new challenges appraising after a natural disaster. To avoid problems there are several steps an appraiser can take. Keep in close contact with your clients about any outstanding assignments.  Notify them of any delays you are experiencing. Make your client aware of the new challenges facing your appraisal practice.  Questions to ask your client: Will you need additional services such as a re-inspection or revising the effective date? Are you aware that typical sources of data may no longer be available? Don’t assume everyone is aware of the problems you now face.

Appraisal Management Company (AMC) Law Updated

Governor Abbott Has Signed SB 1516

SB 1516 amends Chapter 1104 to address some recent changes in federal law regarding the regulation of AMCs, to provide consistency in terminology, and to repeal some outdated provisions. The bill also makes some conforming changes to align Chapter 1104 with the amendments made last session to Chapter 1103, the appraiser licensing act administered by the Board.

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.