Texas Realtors Help Reform the Property Appraisal Process

Do you know what Sunday July 25th 2010 is? It’s the anniversary of Dean Martin and Jerry Lewis’ first joint appearance, the day Bob Dylan “went electric” and spurred a rock-n-roll movement and the birth of the first test tube baby, Louise Brown. More important than all those things, however, today is the day your appraisal district is certifying its appraisal roll!

Are you a little underwhelmed? You shouldn’t be because I’m certain the actions of your appraisal district this year (and soon, those of your city and county) affect your life a lot more than Martin, Lewis, Dylan or Brown.

You probably didn’t notice, but your appraisal district operated a lot differently this year than in the past and that’s thanks to the hard work of lawmakers and organizations like mine, the Texas Association of Realtors. During the last legislative session, our top priority was to reform the property appraisal process in Texas. As a result, today the appraisal process is more transparent and appraisal entities are more accountable and efficient than ever.

Specifically, we helped to: increase oversight of appraisal districts to encourage fair treatment of property owners throughout the state; ensure residential properties be appraised as such (rather than as commercial properties, simply because the appraisal district decides that could be the “highest and best use” for it); and give consumers alternatives to costly lawsuits when appealing a ruling by an appraisal review board.

These may not be the sexiest issues to discuss, but they’re certainly among the most important when it comes to protecting the pocketbooks of Texas homeowners. There is still work to do, however, and now it’s up to you.

Making the appraisal of your property more fair and transparent is only part of fair taxation. Now, we must all take part in the budget processes of our city and county that will decide the local tax rate. That, combined with the appraised value of your property, is what ultimately determines how much you pay in taxes, so now is the take to take action and find out when hearings take place in your local area.

I’m sometimes asked what the Texas Association of Realtors does at the Capitol and I’m proud to say we work on issues like this one for homeowners. Much more than just helping consumers buy and sell property, Texas Realtors are always working for you.

Wayne A. Stroman

Texas Association of REALTORS®, Vice President Region 14

Houston Association of REALTORS®, Vice Chair 

Your Lake Conroe Area Specialist! 

Mail to: POB 2991, Conroe, Texas 77305

Deliveries to: 14500 HWY 105 W, Conroe, Texas 77304

Office: 936-588-4444 

Fax:    936-588-4884

Certified International Property Specialist by the National Association of REALTORS®

View my Resume Online.  

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