The Texas Appraiser Licensing & Certification Board (TALCB) met August 16 to consider adopting amendments to one rule and proposing amendments to eight others. The highlights also include an update on the new and continually improving Practical Applications of Real Estate Appraisal (PAREA) from the mouth of its only current provider, the Appraisal Institute (AI).
The Texas Appraiser Licensing and Certification Board (TALCB) is inviting the public to provide input on a specialized assignment type where examples of peers’ actions are not readily available. This input will help the agency establish a framework to apply to all specialized assignments.
In the last four pages of the Texas Appraiser Licensing & Certification Board’s (TALCB) staff reports is the section on enforcement. For fiscal year 2023 (July ’22–July ’23) less than four percent of license holders were the subject of a formal complaint filed with the Board, less than one percent of license holders received formal discipline, and typically more than 90 percent of complaints received are dismissed.
The Appraiser Diversity Initiative (ADI) is including a virtual option to its USA tour. On October 24, ADI’s “How to Become a Real Estate Appraiser" workshop is hitting an online platform from 6-8 p.m. Register here to receive a live link to attend.
It was a room full of professionals with loads of knowledge that eager attendees were ready to pull from. This “How to Become a Real Estate Appraiser Workshop” was hosted in Houston by the Appraiser Diversity Initiative (ADI) on August 24. The series of speakers included Texas Appraiser Licensing & Certification (TALCB) Director Melissa Tran (left, pictured at podium).
There is more demand than supply. Hands-on experience is a requirement to become a real property appraiser, however the Texas Appraiser Licensing & Certification Board (TALCB) has fielded numerous calls from appraiser trainees expressing frustration over there not being enough resources for them to fulfill experience requirements.
The Texas Appraiser Licensing & Certification Board (TALCB) understands that becoming a licensed appraiser can be difficult. Minimum federal requirements consist of hundreds of hours of education, thousands of hours of experience, and an exam; also, each state has a right to impose its own requirements. TALCB does not want to make it any harder on aspiring appraisers to get licensed, especially when the industry is facing an appraiser shortage and a lack of diversity.
The Texas Appraiser Licensing & Certification Board met on Friday May 19 at headquarters in Austin. TALCB Chair, Sarah Oates, opened the meeting by welcoming new Board Member John H. Eichelberger, III. Chair Oates also thanked outgoing Board Member Clayton Black for his service and acknowledged the reappointment of Board Member Rolando Castro.
“Texas is ahead of this issue especially with our partnership with the Texas Workforce Commission,” said TALCB Commissioner Chelsea Buchholtz as she presented to the Board highlights of agency operations.
The Texas Appraiser Licensing & Certification Board (TALCB) is receiving state tips from Fannie Mae on discriminatory language in appraisals. Both organizations are working to make appraisers aware of the issue.
Appraisers should exercise care to avoid comments in a report that may be perceived as biased or illegally discriminatory.