Introduction to Expert Witness Testimony for Appraisers: To Do or Not to Do
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Introduction to Expert Witness Testimony for Appraisers: To Do or Not to Do has earned an average of 4.51 out of 5 stars from 746 ratings.
This course is designed to introduce the appraiser to expert witness testimony and to serve as a refresher for the experienced expert witness. It begins with a discussion of the two types of witnesses, so the appraiser will have a solid understanding of the difference.
Sections 701 and 702 of the Federal Rules of Evidence (2014) and the Daubert Standard are presented, followed by a thorough discussion of advocacy – what it is and why appraisers are prohibited from functioning as advocates.
Advice on “breaking into” expert witness testimony as well as an “up close look” at the differences in scopes of work for those entry level assignments will be covered.
The JURISDICATION EXCEPTION RULE and the RECORD KEEPING RULE are also discussed, as they relate to expert witness testimony. There is also a discussion about the importance of the engagement letter as well as recommendations as to what the letter should contain.
Chapter 4 focuses on the development of the assignment. It is written to impress upon the appraiser the importance of a higher level of due diligence in researching and analyzing data than that which may be found in the “typical” mortgage lending assignment.
An in-depth look at providing sworn testimony – first in the deposition setting, then in the courtroom setting – is presented. This section reinforces the appraiser vs advocate discussion. Deposition and courtroom testimony tips are presented along with deposition and courtroom pitfalls in an effort to demonstrate what can “make or break” an expert witness.
The “wrap up” focuses on proper protocol for leaving the witness stand, when the invoice should be presented, along with how to comply with the RECORDING KEEPING RULE (report of testimony and retention period).
In short, this course is designed to help determine if the role of expert witness is right for you.