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Updated almost 4 years ago on . Most recent reply

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65
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Samir Patel
  • Rental Property Investor
  • Herndon, VA
20
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65
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Looking for 1031 Exchange Intermediaries

Samir Patel
  • Rental Property Investor
  • Herndon, VA
Posted

Hi BP!

I am looking for qualified intermediaries to perform a 1031 Exchange for a property that I own in Oklahoma City. Are there any intermediaries that you have worked with in the past that you would recommend? How was your overall experience? Anything I should know about this intermediary specifically?

Please feel free to comment on this post or DM me directly!

Most Popular Reply

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Dave Foster
#1 1031 Exchanges Contributor
  • Qualified Intermediary for 1031 Exchanges
  • St. Petersburg, FL
9,353
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8,978
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Dave Foster
#1 1031 Exchanges Contributor
  • Qualified Intermediary for 1031 Exchanges
  • St. Petersburg, FL
Replied

@Samir Patel, Some good suggestions made already.  Just a note that the location of your intermediary isn't very important.  Even the recommendation of First American isn't truly a local company.  Most title companies have what we would call a "captive"QI that is a large national QI firm.  When you work with them your experience will be limited to the quality of the sales rep assigned to you.  So that's really who you're vetting.  And demonstrated experience and "clicking" with you are going to be much more important than their location.  So that personal connection is critical.

  • Dave Foster
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The 1031 Investor
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