Sunny Malik
1031 Exchange - How to set it up?
18 March 2023 | 11 replies
@Sunny Malik, for a 1031 exchange you have to use the services of a Qualified Intermediary.
Lori Taylor
Ethical behavior of broker
30 March 2023 | 9 replies
It must be disclosed that your broker is a intermediary if they are representing the seller as well.
Laura Williams
I lose $20k/year - help me w/ my strategy!
27 January 2019 | 122 replies
I'm with the others on a 1031 sale (happy to recommend an AWESOME Exchange Intermediary if needed)
Kevin Lefeuvre
VRBO prohibits contacting guests before booking
16 August 2017 | 64 replies
I used to work for a leasing platform (HomeSuite) and we worked as an intermediary to the transaction so we never had to worry about that.
Sheri L.
Anyone Completed a Reverse 1031 Exchange?
19 March 2023 | 9 replies
Also, check with your 1031 Intermediary about a reverse exchange.
Wendy Lacey
Is it a good to buy a property if sellers add a 1031 contingency?
27 June 2019 | 12 replies
This could have caused a short delay but mostly it was an agreement that we didn't make buyer incur extra fees related to 1031 and that they would sign additional forms and actually sell to the intermediary etc.
Kevin L Owens
How to Find Lenders
24 April 2023 | 7 replies
Kevin You should likely seek out a mortgage broker (an intermediary who works with lots of types of lenders) that can present you options for the different loan types (conventional, DSCR, bank/credit union, etc.)
Account Closed
making offer without real estate agent?
11 May 2021 | 16 replies
They use me to be the intermediary and I don't always take a percentage but a flat fee for the transaction.
Dave K.
Tenant selling business, How to make disclosure when they don't seem up and up
1 May 2023 | 3 replies
I am a CRE and Business broker; What you are describing is a risk concern for one party in a business sale (you as landlord), usually landlords are worried on of the opposite, making sure a tenant will stay/succeed.As the landlord, you will want to underwrite the lease transfer as you would any similar deal, and the broker should be working with you and all the parties to facilitate.Working as an intermediary capacity (what you describe as both sides) is typical in BB; That is why business brokerage(s) charge more than CRE brokers, it is a less common skillset.External influences or unconfirmed competitive businesses might not be required disclosure in your state and your injecting accusations about the sellers motives might be interfering with a business contract (ask legal counsel if you can be held liable) or might violate your agreement or any NDA or confidentiality agreement you have with the tenant.
Pierre E.
1031 Exchange Land Excess for Construction Not Boot?
24 April 2023 | 3 replies
A reverse exchange would allow that since we as the intermediary form a holding entity and take title to the new lot and hold it while construction goes on.