Congratulations to John Schmick, Vice President and Director of Special Projects at Shenehon Company. The Appraisal Journal, the appraisal profession’s premier technical and academic publication, has accepted an article submitted by Schmick and co-author Jeff Jones, MAI and Chief Appraiser of the Alabama Department of Transportation. The article challenges the widely accepted practice of using the across-the-fence methodology in valuing railroad land. The piece illustrates how the practice does not comply with the Uniform Standards of Professional Appraisal Practice (USPAP) and will be published later in 2014.
Schmick has previously been published in Real Estate Review and Right of Way magazine.