Jex R. Luce

Jex Luce

Born and reared in Mobile, Alabama. Graduated from Auburn University in 1968 with a B.A. in Business Administration.

Began real estate career in 1972 as a salesman in the Commercial Department with Cummings and White-Spunner. Has been employed with Courtney and Morris Appraisals, Inc., as an appraiser since August, 1975. His salesman experience covers both Alabama and Florida as he is licensed in both States.

Real Estate Education
Successfully completed requirements for Senior Residential Appraiser in December of 1979. Completed requirements and awarded S.R.P.A. designation from Society of Real Estate Appraisers in June of 1982. Has been engaged in the appraisal of residential and commercial properties since August of 1975. Has been engaged in selling real estate in Mobile County since 1972. Completed requirements and obtained Florida Real Estate Salesman’s license 12-10-88 and Florida State Certified Real Estate Appraisal Exam on 4-6-91. Experience consists of brokerage and appraising of commercial, industrial and residential properties. Has testified in Probate Court and Federal Court as to the value of various properties. Jex also has residential development experience with water front property. Other related real estate activities include the formulation and management of the Alabama Port Wetlands Mitigation Bank. The bank, which was permitted by the Corps of Engineers and other regulatory agencies in 2003, consist of 871 acres of Pine Savannah and Bottom Wood hardwood lands. The land is situated on Mon Louis Island and lies between Highway 163 and West Fowl River in the Southern extremity of Mobile County. Jex is one of the bank’s managers.

Appraisal Clients

PNC Bank; BancorpSouth; Regions Bank; Centennial Bank; Gulf Coast Community Bank, BBVA Compass Bank; JP Morgan Chase; Sun Bank; Pacific Bank; National City Bank; Coastal Bank & Trust; Merchants & Marine Bank; First Community Bank; First Florida Bank; State Bank & Trust Company, NationsBank; Trustmark Bank; Paradise Bank; Barnett Bank; Bryant Bank; Community Bank; Southern States Bank; Kerr McGee Company; Bank of Pensacola; Guardian Life; Mission Bank of Kansas; FmHA; U.S. Navy; BankTrust; FDIC; Deposit Guaranty National Bank; Cornerstone Bank; Red River Bank; Integration 4.0; City of Mobile; Mobile Housing Board; FSLIC; CNA Insurance; The Mitchell Company; MGIC; Equity Valuation Partners; Salvation Army; Travelers Insurance Company; State of Alabama Highway Department; Marriott Corporation; GE Energy, Chevron Company USA; CSX Realty; Franklin Life Insurance; RTC; First Bank of Baldwin County; Chrysler Realty; Washington Mortgage Company; U.S. Property & Appraisal Services Corp.; Protective Life Insurance; City of Mobile; Allied Capital; Hancock Hank; Nature Conservancy; Merchants Bank of Jackson, AL; Iberia Bank; Century Bank; Royal Insurance; Wal-Mart; Collateral Mortgage; Atlantic Marine, Inc.; State of Alabama Department of Conservation; Auburn University; Cornell University; University of South Alabama; various attorneys, mortgage companies and individuals.


Professional Memberships
Gulf Coast Multiple Listing Service, Inc.
Real Estate Exchange Club of Mobile
Appraisal Institute (formerly American Institute of Real Estate Appraisers)
M.A.I. Designation – Former Education Chairman
Appraisal Institute (formerly Society of Real Estate Appraisers)
S.R.P.A. Designation

Email  jexrl@aol.com

Phone: 251-476-8545