Become an Appraisal Management Company
An Appraisal Management Company (AMC) is an entity authorized to provide appraisal management services by TALCB. AMCs often act as the intermediary between the lender, borrower, realtor, mortgage broker and the appraiser.
How to Register an AMC
File Your Application
Apply by Mail
Submit your application for the Registration as an AMC using the paper application.
The AMC must include a current "Certificate of Good Standing.” This statement must be dated within 21 days prior to the date of the application, issued by the governing state agency where the business entity was incorporated or organized.
You must also provide owner information for each individual or entity that owns more than 10 percent of the company (there can be up to 9 owners).
- Please note each owner, owning more than 10 percent of the AMC, must sign and submit a separate AMC Owner/Primary Contact Background History form.
You must also provide the name of the Primary Contact (the Primary Contact must also submit the AMC Owner/Primary Contact Background History form and must be an owner, officer, or director of the AMC or must be authorized by the AMC to enter into contractual relationships with others to perform appraisal management services). You can change your Primary Contact if needed and mail it to TALCB
- This person must be a Certified Appraiser OR must have taken the 15-hour National USPAP course and remain current with the 7 hour USPAP Update course.
- The AMC must also have an Appraiser Contact who is an active Licensed or Certified appraiser to serve as the Appraiser Contact for the AMC to answer questions from appraisers on the AMC's panel.
After the AMC registration has been approved by TALCB, each AMC is required to notify TALCB of its appraisal panelists by creating an online account and maintaining a list of Texas appraisers on the AMC’s panel.
Requesting Active and Inactive Status
Once you have your registration, there are rules that allow you to request Inactive or Active status. This may be useful if the Appraisal Management Company is not actively conducting business in Texas for a specified period of time for which registration is required.
With Inactive status granted by TALCB, your current registration will not be valid until you request Active status. AMC's may not renew while on Inactive Status. For more information about Inactive, Active status and renewals, you can view TALCB’s rule.
To requesting inactive status, you must:
- Submit the Request for Inactive Status.
To request active status, you must:
- Provide a valid Primary Contact and Appraiser Contact.
- The Primary Contact must submit the AMC Owner/Primary Contact Background History Form.
- Submit the Request for Active status with the required fee and education documents if needed for the Primary Contact.
AMC Panel Management
You can maintain a list of Texas appraisers on an AMC’s panel with our Online Services and logging on to the online account for your AMC or submit an Addition or Termination of Appraiser on Appraisal Management Company (AMC) Panel form.