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From the Commissioner - November 2019

November has arrived, the World Series is done, NFL Football is halfway over, and the extended Holiday season is just around the corner.  Before you know it, Thanksgiving Day, Hanukkah, Kwanzaa, Winter solstice, Christmas and New Year’s will be upon us, affording each of us at least one tradition to celebrate.

Using Recognized Methods and Techniques – Part II

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.

What is the Experience Audit Process Anyway?

The law requires TALCB to audit the work product of all applicants for an appraiser license in Texas. TALCB must verify that the experience claimed generally complies with the Uniform Standards of Professional Appraisal Practice (USPAP), the Rules (“Rules”) of the Texas Appraiser Licensing and Certification Board (TALCB), and the Texas Appraiser Licensing and Certification Act (“Act”) as of the date of the appraisal report.

AQB Criteria Changes Effective May 1, 2018

The Appraisal Qualifications Board (AQB) adopted changes to the education and experience criteria for real property appraisers with an effective date of May 1, 2018, and the Texas Appraiser Licensing and Certification Board adopted rules to implement these changes in Texas to coincide with the AQB effective date. Under the new criteria, no college-level education is required to obtain a Licensed Residential appraiser credential.

To The Consumers and License Holders of Texas:

The Texas Appraiser Licensing and Certification Board takes pride in providing high quality education and licensing services, and effective consumer protection across Texas. In recent months, there have been significant issues with the quality of customer service we are providing to consumers and to our license holders. I take personal responsibility for addressing these issues. I want you to know that I – along with the entire Texas Licencing and Certification Board staff – recognize your frustrations, and we are committed to solving these issues.

TALCB Processing Dates

The current experience audit processing time is between 90-120 days for a licensed residential or certified residential applicant, and between 120-150 days for a certified general applicant. A detailed outline of the audit process is available for more information.

The processing dates provided below are updated every Monday by 3:00 PM Central Time