The Texas Appraiser Licensing and Certification Board (TALCB) continues making improvements, meeting goals, and gaining efficiencies. In 2024, the successes of the Board were recognized far beyond Texas. Much of this is due to the leadership of outgoing TALCB Chair Sara Oates, who is concluding her six-year term in 2025.
Appraisal Management Companies registered with TALCB must complete AMC National Registry mandatory reporting and pay the registration fee by March 31, 2025. AMCs that do not timely comply will not be added to the national registry, resulting in ineligibility to perform services on federally related transactions. In addition, failure to timely comply will result in a late fee of $500 and may result in disciplinary action.
In anticipation of my official term ending in late January 2025, I wanted to take a moment to reflect and give thanks to all who have made my five years as Board Chair one of the most rewarding experiences of my life.
In 2019 when I was appointed, it came sort of as a surprise to me, but being a fourth-generation Texan and a second-generation appraiser, it made perfect sense. I have been honored to serve both my state and my community.
In anticipation of a new appointment, Texas Appraiser Licensing and Certification Board Chair Sara Oates opened the Board’s November 15 meeting with some parting words before the expiration of her term:
“Part of the reason why I do feel like it’s time for me to go because I think that with new leadership there is new energy, there are new, fresh eyes on things, and I think, for an oversight board, that’s important thing.”
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).
New and improved. The online Notebook provided by the Texas Appraiser Licensing & Certification Board to log appraisal experience is enhanced with features that will speed up application processing.
The Appraisal Foundation is conducting its second demographic survey of appraiser professionals, and they need to hear from Texans! Respondents do not have to provide their email or other identifying information. Complete the survey by March 13, 2024. Survey results will be presented during the Appraisal Foundation’s Board of Trustees meeting in May.
The first Texas Appraiser Licensing & Certification Board (TALCB) meeting of 2024 happened February 23. Some of the highlights include three new adopted rules, TALCB’s director joining the appraisal bias discussion at the federal level, and a call for public comments that could determine future Board-issued guidance.
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.
