COLLEGE STATION (Real Estate Center and Farm Credit Bank) -- For 33 years, Dr. Charles Gilliland has kept his ear to the ground. What he heard made him the state's foremost expert on rural property sales and valuation.
The Farm Credit Bank of Texas (FCBT) recognized Gilliland's contributions last week by giving him its highest award, membership in the Academy of Honor.
Gilliland is a research economist for the Real Estate Center at Texas A&M University in Mays Business School where he specializes in rural land and property taxes.
At its annual meeting in San Antonio, FCBT recognized Gilliland for his "significant contributions to agriculture." He received a trophy, medallion and proclamation. FCBT will fund a $10,000 scholarship in Gilliland's name.
"As an expert in rural land valuation and property taxes, Dr. Gilliland has contributed more to Farm Credit's understanding of rural real estate issues than any other individual," FCBT Board Vice Chairman Jimmy Dodson said, in presenting the award. "For two decades, Farm Credit Bank of Texas and its affiliated lending cooperatives have depended on Dr. Gilliland's analysis of essential land value data to track real estate trends and understand events that impact our business."
Dodson noted that Gilliland is respected throughout the U.S. appraisal industry and rural real estate sector for his in-depth research on rural land markets, appraisal issues, property taxation, property rights issues and land development matters. He has provided testimony to the U.S. Senate and the Texas Legislature.
"His ability to explain complex issues in simple terms has made him the ‘go to' person for Realtors, the media, government, corporations and others who have questions about rural land," added Ralph W. Cortese, FCBT board chairman.
Gilliland is a prolific writer with 200 titles written for the Real Estate Center. He is currently writing a book on purchasing rural property. He is sought after as a speaker and is the driving force behind the Annual Outlook for Texas Land Markets conference, now in its 20th year.
In 2009, Gilliland was named the Helen and O.N. Mitchell Fellow in Real Estate in the Mays Business School. Last year, he received the American Society of Farm Managers and Appraiser's Gold Quill Award.
Farm Credit Bank of Texas provides financing to 19 rural lending cooperatives, which in turn finance agricultural producers, agribusinesses, rural homeowners and other landowners in Alabama, Louisiana, Mississippi, New Mexico and Texas.
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