I offer two online risk management courses for real estate appraisers. They are hosted on my education website: www.valuationeducation.com. The courses are available 24/7 and consist of video chapter presentations by me. Completion of either course qualifies you for a discount on appraiser E&O insurance with LIA.

The courses cover current liability trends affecting appraisers and dispel common myths and misunderstandings. They are focused primarily on appraisals and appraisal reviews for mortgage loans. Actual lawsuits and claims form the foundation of each program.

These are the types of questions answered by the courses:  Who sues appraisers? What do they sue for?  What are the most common errors that lead to lawsuits? How do the USPAP concepts of intended use and user relate to an appraiser’s potential liability? Based on recent case law, how can appraisers best protect themselves against unwarranted liability? What liability exposures exist for appraisal review work? Should I operate my firm as an LLC or corporation?

Here is what an appraiser in Hawaii recently wrote after completing Appraiser Liability 101: “Your online course … was great. I was actually sorry to see it was over, and I can’t say this of any other CE class that I’ve taken.”

1. Appraiser Liability 101: Essential Concepts (4 Hrs, CE Credit)

  • This course is approved for 4 hours of appraiser continuing education (CE) in AR, CA, HI, MO, OR and WA (more states coming).
  • Course fee: $50 for just the course, or $75 for the course and “the book.”
  • What’s “the book?” It’s my Risk Management for Real Estate Appraisers and Appraisal Firms (published by the Appraisal Institute, 230 pages, with a regular retail price of $60). The book is not required for the course, however.
  • Click here to learn more and/or register: Appraiser Liability 101.

2. Appraiser Liability 50: Lending Work (3 Hrs, Not for CE Credit)

  • This course is not approved for state appraiser continuing education (CE) in any state. It is for your education and self-protection (and entertainment).
  • Course fee: $25 for just the course, or $50 for the course and “the book.”
  • What’s “the book?” It’s my Risk Management for Real Estate Appraisers and Appraisal Firms (published by the Appraisal Institute, 230 pages, with a regular retail price of $60). The book is not required for the course, however.
  • Click here to learn more and/or register: Appraiser Liability 50.

What’s the difference between the two courses? The content is actually the same. The main difference is that Appraiser Liability 50 is not approved for state appraiser continuing education credit, and it thus moves a bit faster because there are slightly fewer quiz questions and certain content is optional.