Welcome to the Appraisers’ Coalition of Washington.

Greetings to Washington State Appraiser’s and the Appraiser’s Coalition of Washington Supporters…

Welcome February 14th, 2018. – This year has started with a flurry of activity. ACOW submitted 3 bills into legislation over the last couple of months:

-Statute of limitations – Setting time limits in which litigation can be filed against an appraiser and by whom.

-Inactive License – Allowing up to 96 months to reactivate and inactive license or certification.

Note:  These two bills were combined and are now SB 6457.  The bill made it through the Senate Committee hearing and the Senate Rules Committee and is on the senate floor today!

Older News:

-Amendments to RCW 18.310.150 adding Customary and Reasonable Fee; requiring AMC’s to adequately compensate appraisers based on the VA fee schedule with modifications, mandating quicker payment, adding further protections to the appraisal report and the appraisers signature, making AMC’s responsible for background checks, and setting precedence on jurisdiction in the event of dispute.

On January 17th several ACOW board members and our lobbyist, TK Bentler, met in Olympia to discuss the bills mentioned.  Afterword’s many of us then met with some of our respective district legislators to discuss these subjects.  TK also introduced some of us to representatives and senators supporting a couple of these bills.

On Tuesday, January 30th ACOW board members along with members were testified before the representatives hearing committee.  On February 1st members of the ACOW board testified before the senate hearing committee.  The bill then went to the rules committee.

So, what’s next?  As these bills make their way through the legislative process, It is important you become familiar with each.  We encourage you to call and talk to, or email your support of the bills with your state representatives and senators from your respective districts throughout the state!  They need to hear from you, the boots on the ground!

The Bills can be viewed here:

Statutes of Limitation –     H-2629 – Statutes of Limitation

Inactive License –                SB 6349 – Revised

Inactive/Statutes Combined S-4362.4 – Final – Now SB 6457

Revised RCW 18.310.150 – H-3746.1-Amended-2018-01-16 (002)

If you would like to track these bills, this link gets you there – http://leg.wa.gov/

TAF/AQB has stated that they will adopt the education and training requirements published in the 4th Exposure Draft.  While the AQB can set the minimum standards, states may choose to adopt some, all, or none of the AQB’s new requirements.  ACOW is following this and will be making recommendations as to what we think the standards should be that the state needs to adopt. 

ACOW could not do these things without your support.  Your membership dues and contributions pay for our lobbyist, TK Bentler and are what allow us to provide this support to appraisers across the state. 

We hope you will take this opportunity to visit the new ACOW website and renew or add your support for 2018 online.  

 

Join or Donate | 2018 Member Dues $60

 NEWS FLASH

In 2016 the Supreme Court – Hirst Decision dramatically affected any development of individually owned parcels throughout the state. New water wells were prohibited unless the Property Owner could provide absolute proof that any withdrawn ground water would not affect other property or the ability of fish to swim up rivers and streams.

This decision caused county assessors to ‘devalue’ vast tracts of land in the affected areas.

Good News – The House and Senate have approved, and the Governor signed, a bill to restore the ability of property owners to have wells dug so that potable water can be obtained. It took effect immediately upon the Governor’s signing on January 18th, 2018.

The details of exactly how ‘water rights’ will be restored to the affected areas are not clear. It appears to leave it up to the Counties and Department of Ecology to work out what and how things will be done. So it is unknown if this will be a smooth process.

Appraisers should continue to monitor this situation in their local areas.

Restoring of water rights will result in the modification of property values upwardly. This may also increase the number of vacant land sales in outlying areas by people who decided to sit on their property after the Supreme Court decision until the issue was resolved.

We want to thank Dave Towne for this important update.

The new bill can be seen below.

HBR ESSB 6091


The Appraisers’ Coalition of Washington (ACOW) is a Washington non-profit corporation organized by the Washington chapters of all appraisal organizations that are member organizations of the Appraisal Foundation Advisory Council.
The purposes of ACOW are as follows:
  • To educate and communicate with members of the appraisal profession or with any persons concerned with valuation of real or personal property in Washington about legislative and regulatory issues.
  • To support the maintenance and improvement of The Uniform Standards of Professional Appraisal Practice (USPAP) and its effective enforcement by the State of Washington.
  • To foster and promote the appraisal profession to the general public through education, research, and publications.
  • To raise the funds necessary to administer its activities and to carry out its purposes and objectives.

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Washington State Legislature

One of our jobs at ACOW is to keep track of pending legislation that affects the Real Estate Appraisers of Washington State. To learn more about what is happening in Olympia today.

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