-
2 CE Credits
- Sign in begins at 2:45
- Seminar runs from 3-5pm
- Chapter meeting immediately follows the seminar.
- Developed and instructed by Sandy Adomatis, SRA
We will cover the differences between an expert witness and a consultant, useful tips on the engagement letter, and developing reports. Understanding some basics, like estimating fees and how to bill for court testimony and prep time will be covered. The opportunities are huge in this field for both commercial and residential appraisers.
When are lawyers our clients? (REMEMBER: they are our clients and not “our lawyers!”)
- When we are testifying experts – 20 minutes (Litigation; Arbitration; Administrative hearings)
- When we are consulting experts – 30 minutes (In litigation; When lawyers are drafting agreements that involve real estate value issues)
The engagement letter is the first opportunity to limit the downs – 20 minutes
- How to charge
- How to ensure payment
- Sample litigation engagement letter on AI website
Control the push-pull in developing and reporting opinions – 30 minutes
- Inherent conflict: appraisers are required to be independent, lawyers required to be advocates for their clients’ positions
- Stand your ground – lawyers put their pants on one leg at a time (OK, we can clean that up)
Expand your practice by having lawyers as your clients – 20 minutes
- What is your experience?
This seminar is on ZOOM! Students must have computer, webcam & microphone capability to participate & receive CE credit. The instructor must be able to physically see and interact with all students and students must be able see and interact with the instructor. FOR USPAP, a copy of your driver’s license must be emailed to the Chapter prior to the offering start date. You will receive a separate email from the Chapter with log-in information. If you are using your iPad/iPhone/smartphone download the ZOOM app prior to offering. Check your webcam privacy settings on your computer. Check state approvals before registering to make sure the states you are licensed have approved the course/seminar & allow Virtual education in place of classroom education.
Contact the chapter with questions: LisaMay.weiss@appraisalinstitute.org