THOMAS O. JACKSON, PhD, MAI (Retired)
4805 Spearman Drive
College Station, Texas 77845-4412
tomjackson@real-analytics.com
www.real-analytics.com
(979) 574-1930
During
his career, Tom Jackson
had over 36 years of experience in the valuation of real property,
urban planning and real estate consulting. This
experience encompassed all types of real estate development projects and
properties. He also provided expert witness testimony in cases involving the effects of
environmental contamination on real property and other real estate litigation
matters. He is
the founder of Real Property
Analytics, Inc., a firm he managed successfully for more than 18 years.
In addition, Dr.
Jackson was the G. Steven Dawson Fellow
in Real Estate and a Clinical Associate Professor in the Department of Finance
of
the Mays Business School at Texas A&M University,
where he taught real property valuation in the
Master of Real Estate
Program, consistently ranked as one of the
best graduate real estate programs in the
U.S. and globally. He also taught
courses on land development
and land use planning in the College
of Architecture. Dr. Jackson was an MAI Member of the
Appraisal Institute for over 30
years. He was also a member of the American Institute of Certified
Planners (AICP), a Counselor of Real Estate (CRE) and a Fellow of The Royal
Institution of Chartered Surveyors. Dr. Jackson served on the Appraisal Standards Board
(ASB) of The
Appraisal Foundation. The ASB establishes the Uniform
Standards of Professional Appraisal Practice (USPAP), the generally accepted
and legally enforceable standards for real estate appraisers in the U.S. He was the principal author of the ASB's
Advisory
Opinion 9: The Appraisal of Real Property That May Be Impacted by Environmental
Contamination
and the Appraisal Institute's
Guide Note 6:
Consideration of Hazardous Substances in the Appraisal Process.
Dr. Jackson served on the Professional Standards and Guidance
Committee of the Appraisal Institute from 2012 to 2015.
Dr. Jackson's research has been published in
The Journal of Real Estate
Finance and Economics,
Journal of Real Estate Research,
The Appraisal Journal,
Journal of Real Estate
Practice and Education,
Journal of Real Estate Literature,
Renewable
Energy Focus,
Real Estate Review and
The Real Estate Finance Journal,
and in books published by the Appraisal Institute and the
American
Real Estate Society. His journal articles have won best paper awards from
the Appraisal Institute (Ratcliff
Award)
and the American Real Estate Society.
His award winning articles are:
Environmental Risk Premiums in
Commercial Real Estate Transactions
and
Environmental Contamination
and Industrial Real Estate Prices. For over 10 years, Dr. Jackson
authored or co-authored the Environment and the Appraiser column in
The Appraisal Journal,
addressing issues in the valuation of contaminated properties and other
environmental topics. He served as a member of the Academic Review Panel and Statistics Work Group of
The Appraisal Journal. Also through the Appraisal Institute, Dr. Jackson
developed the national seminar Analyzing the Effects of
Environmental Contamination on Real Property which he presented to
Institute chapters in Texas, Florida and Louisiana. Additionally, he taught (with
the late Dr. Marvin Wolverton) the Appraisal
Institute's Advanced
Education Course on
Quantitative Analysis,
focusing on the use of multiple regression analysis in valuation assignments.
Dr. Jackson served on the Education Committee of the Appraisal Institute from
2007 to 2011.
Dr. Jackson has a PhD in urban and regional
science from Texas A&M
University, master's degrees from
The University of North Carolina at Chapel Hill and The Ohio State University,
and is an honors graduate of the University
of South Florida. His dissertation at Texas A&M involved
analyzing the effects of environmental contamination on commercial and
industrial real estate and was
funded by the National
Science Foundation and the Lincoln
Institute of Land Policy. Dr. Jackson's research on the effects of wind
turbines and solar
panels on residential real estate was funded by the
Lawrence Berkeley National Laboratory,
a U.S. Department of Energy National Laboratory managed by the University of
California. His honorary affiliations include: Sigma Xi,
The Scientific Research Honor Society; Omicron Delta Kappa,
The National Leadership Honor Society;
The Honor Society of Phi Kappa Phi and
Pi Sigma Alpha, The National Political
Science Honor Society.
Dr. Jackson has provided
expert witness testimony over 100 times in litigation matters involving: the impacts of soil,
groundwater, airborne and surface water contamination and alleged contamination
on property values; real estate issues related to proposed environmental class
actions; the impacts of high voltage electric transmission lines on property
values; the valuation
and highest and best use of properties subject to eminent domain; real estate development
feasibility; planning and land use regulation; and other real property related issues.
Representative Litigation
Matters
Selected Publications
Curriculum Vitae
Copyright
©2023
by Thomas O. Jackson, PhD, MAI (Retired)
During
his career, Tom Jackson
had over 36 years of experience in the valuation of real property,
urban planning and real estate consulting. This
experience encompassed all types of real estate development projects and
properties. He also provided expert witness testimony in cases involving the effects of
environmental contamination on real property and other real estate litigation
matters. He is
the founder of Real Property
Analytics, Inc., a firm he managed successfully for more than 18 years.
In addition, Dr.
Jackson was the G. Steven Dawson Fellow
in Real Estate and a Clinical Associate Professor in the Department of Finance
of
the Mays Business School at Texas A&M University,
where he taught real property valuation in the
Master of Real Estate
Program, consistently ranked as one of the
best graduate real estate programs in the
U.S. and globally. He also taught
courses on land development
and land use planning in the College
of Architecture. Dr. Jackson was an MAI Member of the
Appraisal Institute for over 30
years. He was also a member of the American Institute of Certified
Planners (AICP), a Counselor of Real Estate (CRE) and a Fellow of The Royal
Institution of Chartered Surveyors. Dr. Jackson served on the Appraisal Standards Board
(ASB) of The
Appraisal Foundation. The ASB establishes the Uniform
Standards of Professional Appraisal Practice (USPAP), the generally accepted
and legally enforceable standards for real estate appraisers in the U.S. He was the principal author of the ASB's
Advisory
Opinion 9: The Appraisal of Real Property That May Be Impacted by Environmental
Contamination
and the Appraisal Institute's
Guide Note 6:
Consideration of Hazardous Substances in the Appraisal Process.
Dr. Jackson served on the Professional Standards and Guidance
Committee of the Appraisal Institute from 2012 to 2015.