Introduction to Expert Witness Testimony for Appraisers: To Do or Not to Do

This course is designed to introduce the appraiser to expert witness testimony, or it will serve as a refresher for the experienced appraiser 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 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 how to break into expert witness testimony will be presented, as well as an up-close look at the differences in the scopes of work for those entry-level assignments will be covered. 
The JURISDICTIONAL EXCEPTION RULE and the RECORD KEEPING RULE are also discussed as they relate to the expert witness testimony. There is a discussion about the importance of the engagement letter, as well as recommendations on what that letter should contain. Later in the course, we will focus 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 and then in the courtroom setting—is also presented. This section reinforces the appraiser versus 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 the expert witness. The wrap-up focuses on proper protocol for leaving the witness stand, and when the invoice should be presented, along with how to the comply with the RECORD KEEPING RULE (both report of the testimony and the retention period).

In short, this course is designed to help determine if the role of expert witness is right for you.

Course access is available for 6 months from the day it is opened. All courses, regardless of whether they have been opened, expire two years from the date of purchase. Extensions are available for purchase within 30 days of a course expiring. No extensions will be granted after this period.