Nationwide 1031 Tax Exchange Services
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Just how qualified is your Qualified Intermediary?

We’ve found that the quality of products and services offered by one Qualified Intermediary (Q.I.) can differ dramatically from those offered by another.  Adherence to strict financial standards, uniform procedures and proactive customer support are (unfortunately) not a set of givens in the Q.I. industry. The result for an exchange customer can be everything from senseless frustration to serious financial exposure.

Whether or not your experience with a Q.I. has been less than satisfactory, we think it’s beneficial for you understand the qualitative difference between NES and the industry norm.
Q.I. Industry Norm NES Difference
Practices Regarding Liquidity
of Held Funds
Varies widely 100% daily liquidity of all Exchangor deposits
Maintains a Fidelity Bond for Every 1031 Transaction
Varies in practice and amount Every transaction covered for full amount

Provides Errors and Omissions Insurance for Each Exchange

Varies in practice and amount $2 Million annual aggregate
Interest Paid on Exchange Funds
Sometimes Always
Turnaround Time on Documentation
Usually 48 to 72 hours (rush charges often apply) One hour with no rush charges
Availability of Customer Support
Wide variance 24/7
Visibility of your 1031 Transaction Progress and Exchange Funds
Little to none 24/7
Uniform and Consistent Agreement and Assignment Documents and Processes
Typically no Yes
Published Financial Policies
Typically no Yes
Consumer Privacy Protection
Typically no Yes
Independently Audited Business and 1031 Practices
Typically no Yes

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