A professional who facilitates 1031 exchange transactions. Also called a "Qualified Intermediary (QI)" or "Accommodator".
An agent who assists the parties to a potential real estate transaction in communication, interposition, and negotiation, between or among them, without being an advocate for any interest. Does not represent any of the parties to the transaction and is not allowed to assist any party in gaining an advantage over any other party in the transaction. Does not have the same Fiduciary Duties as an Exclusive Agent. Extremely limited in services he can offer to either party. Also know as Intermediary, Transaction Broker, Mediator, or Non-Agent. Caution: This form of agency offers a reduced level of service and should never be considered unless you are very knowledgeable about real estate.
a qualified intermediary that interacts between the parties in an exchange transaction
Real estate professional who aids in a transaction but does not have an agency relationship with that party and can be known as an intermediary or transaction broker.
A facilitator is a person who works with the attorney and adjuster separately to reach a mutually agreeable number. The facilitator keeps offer and demand confidential unless one of the parties gives the facilitator authority to reveal that party's offer/demand to the opposition.
Broker or salesperson who performs services for a Buyer, a Seller, or both but does not represent either, nor do they owe any party any of the fiduciary duties except confidentiality.
As required by IRS tax-deferred regulations, a third party entity or person who assists the Exchangor/taxpayer in the transaction, by preparing the necessary documents, escrowing the exchange proceeds, and acting on behalf of the investor in the sale of the relinquished property and purchase of the replacement property. The Facilitator cannot be the taxpayer, a related party or an agent of the taxpayer. (A/K/A an Accommodator or Qualified Intermediary).
A qualified facilitator (also known as an intermediary or an independent third party) provides a method of transferring funds and property titles so that a taxpayer can qualify for a tax-deferred (Code Section 1031) exchange. See also Section 1031.
A real estate professional who assists in a transaction but does not have a agency relationship with that party. Also known as transaction broker or intermediary.
A peson who acts to bring the parties to an agreement, but is not the specific agent of either party.