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FRANK E. SCHMIDT, MAI, SRA
408-255-6840 ext. 310; Fax 408-255-1788
Email fschmidt@valuationconsultant.net

Mr. Schmidt has been appraising proposed and existing real estate since 1975. He is an experienced expert witness in United States District Court, Santa Clara County Superior Court, the Public Utility Commission of the State of California, and the American Arbitration Association.

His experience includes real estate development, appraisal assignments for lenders, attorneys, accountants, corporations, municipalities, litigation support, and individuals for estate planning, diminution in value, mortgage lending, gifting, taxation, purchase, and sale.

Past work includes fee simple, leased fee, easement, and partial interest appraisals for improved properties and/or land for mobile home parks, movie theaters, dormitories, sororities, funeral homes, self-storage facilities, auto dealerships, schools, gas stations, office buildings, warehouses, industrial and R & D buildings, agriculture, apartment complexes, shopping centers, residential and commercial condominiums, attached and detached single family dwellings, including residential subdivisions, and land development projects.

Professional Affiliations:

Membership inAppraisal Institute (MAI and SRA Member)
Membership inInternational Right of Way Association
Licensed asCertified General Real Estate Appraiser, State of California, AG005421

Professional Service:
  • President, International Right of Way Association, San Jose Chapter 42, 2005
  • Vice President, International Right of Way Association, San Jose Chapter 42, 2004
  • Treasurer, International Right of Way Association, San Jose Chapter 42, 2003
  • Director, S.F. Bay Area Chapter of the Appraisal Institute, 1995-1998
  • Regional Ethics and Counseling Panel, Appraisal Institute, 1996-1998
  • Regional Representative, S.F. Bay Area Chapter of the Appraisal Institute, 1996-1997
  • Appraiser Member, Real Estate Research Council of Northern California
  • Chair, South Branch of the S.F. Bay Chapter of the Appraisal Institute, 1994
  • Vice Chair, South Branch of the S.F. Bay Chapter of the Appraisal Institute, 1993
  • Director, Mission Chapter of the Appraisal Institute, 1989-1991
  • Regional Representative, Mission Chapter of the Appraisal Institute, 1991
  • Chair, Vendor Faire Committee of the Mission Chapter of the Appraisal Institute, 1989
Expert Witness Testimony

Testimony before the
State of California Public Utility Commission, Santa Clara County Superior Court
United States District Court, American Arbitration Association

Formal Education

B.S. Business ManagementUniversity of Phoenix, San Jose, California
(Graduated with Honors)

Specialized Appraisal Education:

Eminent Domain Law Basics for Right of Way Professionals The Valuation of Partial Interest
Foundations of Eminent Domain Appraisal Practice in CA Advanced Income Capitalization-510
Highest & Best Use and Market Analysis-520 Advanced Sales Comparison & Cost Approach-530
Report Writing & Valuation Analysis-540 Advanced Applications-550
Appraisal Practice for Litigation Loss Prevention for Real Estate Appraisers
Appraising for Tax Appeals Residential Subdivision Feasibility Analysis
Bond/Mello Roos Electromagnetic Fields and Their Effect on Value
Liability Protection for Real Estate Appraisers Property Management Issues and Trends
Appraisal Reporting of Complex Residential Properties Land Use Appraisal Process
Environmental Hazards Depreciation Analysis
HUD Reporting Practices & Appraisal Techniques Preparing Appraisals for Litigation
Standards of Professional Practice (Part A), USPAP Analyzing Operating Expenses
Standards of Professional Practice (Part B), AI The Appraisal of Partial Acquisitions-401

Experience:

1995 to presentThe Schmidt-Prescott Group, Inc., President
San Jose and Fremont, California

1978 - 1995Schmidt & Associates, Inc., President
San Jose and Fremont, CA

1976 - 1978Senior Supervising Appraiser, Mercury Savings & Loan
Cupertino, CA

1976 - 1976Staff Appraiser, American Savings & Loan
San Jose, CA

1975 - 1975Real Estate Appraiser and Consultant,
B.A. Ericson Appraisal Co., San Jose, CA

Service Affiliations

Member, Rotary, Niles-Fremont Club
Niles-Fremont Rotarian of the Year 2000-2001
Paul Harris Fellow

 
 
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