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TALCB Proposes Procedural Rule for AMC National Registry

The AMC Registry is a national database of Appraisal Management Companies (AMCs) that is maintained by the Appraisal Subcommittee (ASC) to facilitate the sharing of information between states that regulate AMCs. The AMC Registry is also open to the public and may be used by clients and consumers to view certain information about an AMC. The ASC previously adopted rules requiring AMCs to report certain information to the states for inclusion on the AMC Registry.

End of Year Customer Service Update

In April of 2018, the Executive Director of the Agency reached out to our stakeholders and to the public to acknowledge that the customer service the Agency was providing was unacceptable and that we were working diligently to find sustainable solutions to resolve these issues. Since that time, the Agency has made great strides to improve the level of service by employing a holistic approach, including a combination of technological improvements, additional staff, and enhanced process efficiencies.

From the Commissioner - August 2019

August is here with all of its heat, and it’s the last month of the fiscal year for the Agency.  August also means both the Commission and Board will have their regularly scheduled meetings this month and that the agendas will be busy –as they always are after a legislative session. And for this session especially since we underwent a Sunset Commission review and need to implement all of the changes that resulted from that process.  Many rule amendments are needed to implement these changes and also some significant budget adjustments to accommodate those requirements.

AMC Committee Appointments Announced

The Texas Appraiser Licensing & Certification Board (TALCB) is pleased to announce the appointment of John Eichelberger and Lisa Rodriguez to the Appraisal Management Company (AMC) Advisory Committee with terms to expire in January 2021.  The Vice-Chair of TALCB, Martha Gayle Reid Lynch, will continue to serve as the chair of the AMC Advisory Committee. This Committee advises the Board on all matters related to the regulation of Appraisal Management Companies.

A Closer Look at the 2019 Legislative Session

The 2019 Legislative Session concluded on May 27. With over 7,000 bills filed by legislators, this session was a busy one.  While the Agency’s primary focus this session was on our Sunset legislation, we did keep our eye on the progress of several bills that could have impacted the Agency in one way or another.

Below is a list the bills that passed and a brief summary of their impact the regulatory authority of the Agency. In case you missed it, we hosted a Facebook LIVE session where we discussed these bills and more. Check out the video below: 

From the Chair - June 2019

The Board met for its regular quarterly business meeting on Friday, May 17th and we had an extensive and important agenda.  We heard progress reports from all of our committees, each of which had met since our last regular meeting in February, some more than once. Enforcement, Budget, Education and Executive all had very productive working sessions. The agency is making steady progress on several key issues and we are so grateful for the members who offer extra time and effort to advance our mission.      

AMC Fee Survey Launched

The Survey Research Institute at the Hobby School of Public Affairs is conducting a study on behalf of the Texas Appraiser Licensing & Certification Board to learn more about the experiences of appraisers in the state of Texas.

Appraisers have been invited to take part in the survey by email on May 29. This survey asks questions about experiences in the field, the types of appraisals conducted, fees paid, and the factors that affect these fees. 

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.