Dr. J. Reid Cummings
Assistant Professor of Finance
Director for the Center of Real Estate and Economic Development

  • DBA, Honors - Kennesaw State University
  • MBA, Honors - University of Mobile
  • BA - University of North Carolina at Chapel Hill



  • Professor of the Year Award, Mitchell College of Business, 2016
  • Practitioner’s Research Award, American Real Estate Society, 2015
  • University Scholar Award, Kennesaw State University, 2014
  • Practitioner’s Research Award, American Real Estate Society, 2014
  • Best Paper Award, Academy of Business Research, 2013
  • Best Paper Award, Academy of Business Research, 2012
  • Best Paper Award, Academy of Business Research, 2011
  • Realtor of the Year Award, Mobile Area Association of Realtors, 2001
  • Golden “R” Award, Alabama Association of Realtors, 2000


From 1982­-2013, Dr. Cummings worked in real estate development, leasing, management, brokerage, financial consulting, mortgage lending, and construction services, completing multiple large-scale, commercial, residential, and resort development projects throughout the country. He founded and operated numerous companies, including The Cummings Company and The Chamberlin Company, earned real estate brokers’ licenses in Alabama, Florida, Louisiana, and North Carolina, and holds the CCIM, CSM, ALC, CRB, RML, SFR, CIPS, and CDEI professional designations.

Dr. Cummings is a graduate of Leadership Mobile and The Buckley School for Public Speaking. He is a long-time member, director, and executive leader of the Mobile Area Association of Realtors, serving as its President in 2000. From 1999-2011, he was a Commissioner on the City of Mobile Board of Zoning Adjustment, serving as Chairman from 2003-2011. In 2011, Dr. Cummings received an Alabama Governor’s appointment to the 1st Congressional District Seat on the Alabama Real Estate Commission, and was reappointed to a second term in 2016. Also in 2016, Dr. Cummings received a Governor’s appointment to the University of Alabama Center for Insurance Information and Research Advisory Board. In 2016, Mobile Mayor Sandy Stimpson appointed Dr. Cummings to the Board of Commissioners of the Mobile Housing Authority.

A frequent speaker and presenter, Dr. Cummings has been featured in numerous print, magazine, internet, and television media outlets. He has also presented academic papers, and served as a panelist and discussant at national conferences of the American Real Estate Society, the American Real Estate and Urban Economics Association, the Financial Management Association, the Academy of Economics and Finance, and the Academy of Business Research. He currently serves on the Board of Directors of the American Real Estate Society and as Case Study Editor for the Journal of Real Estate Practice and Education.

His research has been published in numerous academic journals. His current research interests include agency and brokerage issues, housing markets, real estate development, geo-spatial relationships, and economic development.


Affuso, E., Cummings, J. R., and Le, H. (2017). “The External Cost of Asbestos in the Housing Market,” Applied Economics Letters, DOI: 10.1080/13504851.2017.1327114.


Affuso, E., Cummings, J. R., and Le, H. (2017). “Wireless Towers and Home Values: An Alternative Valuation Approach Using an Hedonic Spatial Error Model,” Journal of Real Estate Finance and Economics, DOI: 10.1007/s11146-017-9600-9.

Cummings, J. R., and Epley, D. R. (2015). “Better Tourism Market Analysis by Including Import Gap Analysis,” Tourism Economics, 21(3), 871-879.


Cummings, J. R. (2015). “Residential Real Estate Realities after the Financial Crisis: Examining the Effectiveness of Seller-Paid Incentives to Buyers and Agents,” Southern Business and Economic Journal, 38(1), 1-29.

Cummings, J. R., and Epley, D. R. (2014). “A Total Requirements View of a Tourism and Hospitality Market is More Accurate than Traditional Location Quotients,” Tourism Economics, 20(3), 1-20.


Cummings, J. R., and Epley, D. R. (2013). “A National Employment Profile of the Real Estate Industry and the Appraisal Profession,” The Appraisal Journal, 81(1), 129-142.


Cummings, J. R., and Epley, D. R. (2012). “A Solution to Fulfill the Underwriter’s Constant Need for Accurate Valuations: A True Sales Price,” Real Estate Finance, 29(3), 12-20.

Forthcoming Publications 

Forrester, R. C., Martinez, J. E., and Cummings, J. R. (2018). “Funding Constraints at Community Banks: A Pre- and Post-2008 Recession Analysis of the Role of Federal Home Loan Bank Advances,” Southern Business and Economic Journal, forthcoming.

Cummings, J. R., Ramirez, G. G., Sharma, D. S., and Lahtinen, K. D. (2018) “Motivating Capital Investment by Using the Audit Process to Increase Financial Transparency,” Asian Journal of Finance and Accounting, forthcoming.