Texas Appraisal Fee Survey Results PublishedTexas Appraisal Fee Survey Results Publishedhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=102272015-04-14T14:54:00Z2015-04-14T00:00:00Z

AUSTIN (Texas Appraiser Licensing & Certification Board) – The University of Houston’s Hobby Center for Public Policy has reported the results of a major appraisal fee survey.

More than 1,400 appraisers and 55 appraisal management companies (AMC) doing business in Texas responded to the Texas Appraisers and Appraisal Management Company Survey, which was conducted in January and February of this year. Survey highlights:

  • 41 percent of respondents completed assignments mainly within 50 miles of their cities, which was similar to the number reported in 2012 (42 percent).
  • 25 percent of appraisers did not complete any assignments for AMCs compared with 5 percent who exclusively did work for AMCs.
  • 38 percent of appraisers completed at least half of their assignments for AMCs, whereas 51 percent completed half or less. The percentages in 2014 were similar to the proportions reported in 2012.
  • The majority of appraisers received a fee between $300 and $450 for residential appraisals from AMCs. By contrast, a majority reported receiving between $350 and $450 from lenders, individuals or other non-AMC clients. The fee ranges reported for 2014 were very similar to amounts reported in 2012.

The survey and report, commissioned by the Texas Appraiser Licensing & Certification Board (TALCB), updates a 2012 survey required by House Bill 1146 in the 82nd legislative session. Both surveys were produced with significant assistance from the Real Estate Center at Texas A&M University.

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