7 Best 1031 Exchange Companies

You’ve decided a 1031 exchange is right for you. Your investment property has appreciated, and you want to get chips off the table. Or, you’re looking to “trade-up” and use the sale money for a down payment on a larger property. Rather than pay thousands in taxes, you’re looking for a qualified intermediary for your 1031 exchange.

This brings up a new complexity –

“Who are the best 1031 exchange companies?

“Do I need a lawyer too?”

“Are 1031 exchange facilitators a broker or agent?”

This article has vetted the specialists and facilitators. Through rigorous research, these are the 7 best 1031 exchange companies in the United States.

Most facilitators work on 1031 exchanges over phone/email. If you’re looking for a qualified intermediary near you, view our qualified intermediary map.

Best 1031 Exchange Companies

CompanyWhy Choose ThemLocation
Exeter 1031 logo, one of the 7 best 1031 exchange companiesExeter 1031 Help with complex transactions, 24/7 supportSan Diego, CA
IPX 1031 logo, one of the best 1031 exchange companiesIPX 1031National presence, never take interest incomeChicago, IL
Starker services logoStarker ServicesDeep 1031 experience, connected with other industry pro’sLos Gatos, CA
1031 CORP logo, one of the best 1031 exchange companies1031 CORP.Domain expertise in Pennsylvania, east coast presenceCollegeville, PA
API exchange logoAsset Preservation Inc.Letter of assurance, backed by Stewart TitleRoseville, CA
Old Republic Exchange logoOld Republic ExchangeExperience with high $ value exchanges, national presenceWalnut Creek, CA
First American Exchange logoFirst American ExchangeIndustry leader, financial bankingSanta Ana, CA

How we chose the best Qualified Intermediaries for a 1031 Exchange

Many of the 1031 exchange companies offer similar services, especially for simple exchanges. That said, every exchange has its own set of circumstances. You should consider the type of exchange you need and additional services needed to make sure your exchange goes smoothly. Some qualified intermediaries only process paperwork, while others guide your exchange from start to finish.

Below are the things we’ve considered when choosing the best 1031 exchange companies:

  • Experience with complex situations – Reverse, Improvement or Construction, and Simultaneous exchanges
  • 1031 Exchange costs or fees
  • Lawyers and CPAs on staff (note, qualified intermediaries cannot offer legal advice)
  • Timely customer service and “rush service” for time sensitive situations (45 or 180 day period running close)
  • Experience conducting 1031 exchanges and contacts in your area. A knowledge of state laws is crucial, as states have different rules about 1031 exchanges
  • Insurance (Errors and Omissions, Surety Bonds, Cyber Security), and Bonding over $1M

The 7 best exchange companies above offer their services across the country. That said, there is value in working with a local 1031 facilitator. Many concepts are difficult to explain over email or phone, and an in-person conversation is best. Other times, if your exchange company knows the title company or lender, communication issues are avoided.

The best 1031 exchange companies are the ones that have the experience with your specific situation and prompt service. Hopefully you have a good idea about the type of exchange you will do. After reading this guide, you’ll be in a good position to choose a qualified intermediary.

Well Rounded 1031 Exchange Company – Exeter 1031

Exeter 1031 is one of the best 1031 exchange companies in the United States. They have a proven ability to tackle the easiest and most complex exchanges, are financially stable, and operate independent of a title or insurance company. The only downside we saw is that their team is mainly western United States, so central and east exchanges are done over phone/email.

William "Bill" Exeter from Exeter 1031 Exchange
Bill Exeter, Founder and CEO of Exeter 1031 Exchange

Professional Experience

Exeter 1031 was founded by William “Bill” Exeter in 2004, though he had been involved in exchanges since 1986. Bill has built the team at Exeter with a solid understanding of the rules and keeps customers updated of recent rulings affecting exchanges. In particular, Exeter shows a more thorough understanding of complex exchanges (reverse and improvement) than nearly anyone else out there. Bill and his team have spoken at numerous industry panels and help shape the tactics used by other QI’s.

Services they Offer

Exeter offers one of the broadest set of solutions in the industry. Beyond the four types of exchanges, they also own Exeter Trust Company and Exeter IRA Services, which provide solutions for self-directed IRA real estate investments.

  • Delayed 1031 Exchange: The most common exchange, gives investors 45 days to identify a replacement property and 180 days to close
  • Reverse 1031 Exchange: Instead of selling your old property then buying a new one, you buy a new property before your old property is sold. Exeter owns a subsidiary company that “parks” these properties before transfer
  • Improvement 1031 Exchange (Also called construction or build-to-suit): Allows you to use part of the value in your old property to improve a new property
  • Simultaneous 1031 Exchange: When you find a replacement property the same value as your own. You and the second party trade deeds to the properties
  • Self-Directed IRAs: Exeter 1031 provides services that allow investors to take control of their retirement accounts. You can then invest in alternative assets such as real estate, gold, or cryptocurrency

Exeter 1031 Financial Stability and Security

Exeter has been in business since 2004 and employs over 30 people throughout its organizations. In addition, they carry $5,000,000 Fidelity Bond and $5,000,000 Errors and Omission coverage. There are no regulations for the 1031 exchange industry. That said, Exeter 1031 is self-regulated and audited by the Wyoming Division of Banking. Your funds are also held separately from other clients in qualified trust accounts. Last, Exeter 1031 is independently owned. They do not report to a Fortune 500 company and do not need to meet Wall St earnings estimates.

Exeter 1031 Costs

Exeter had one of the easiest to understand cost structures of any exchange company:

  • Delayed 1031 Exchange: For properties under $10M value, the cost of a delayed exchange is $899. This includes one relinquished property and one replacement. Each additional property adds $300.
  • Reverse 1031 Exchange: Starts at $6,850
  • Improvement or Construction 1031 Exchange: Varies

Exeter typically includes all wiring fees, establishing of exchange accounts, holding funds, and advisory. They are up front about their cost structure and easy to work with.

Exeter 1031 Locations and Customer Service

Exeter has headquarters in San Diego, and maintains offices throughout the United States. Additionally, they are the only exchange company to provide 24/7/365 customer support. They understand that some services are time sensitive, and customers love this. They have offices in:

  • San Diego, CA
  • Cheyenne, WY
  • Los Angeles, CA
  • Newport Beach, CA
  • San Francisco, CA
  • Phoenix, AZ
  • Seattle, WA
  • Chicago, IL
  • Ft Lauderdale, FL

Largest Presence – IPX 1031

IPX 1031 is the largest 1031 exchange company in the United States. They have an army of qualified intermediaries in all major cities, and are very responsive to requests. As a subsidiary of Fidelity National, they have strong financial backing and assurance of continued operations. On the downside, IPX’s sales agents are aggressive, and there can be confusion which QI to work with.

Professional Experience

IPX 1031 began in the mid-1980s as one of the first qualified intermediaries. They conduct thousands of 1031 exchanges each year and have 40 qualified intermediaries across dozens of offices. In addition, around one-third of their specialists are also lawyers. While qualified intermediaries are not allowed to give legal advice, you can access their law staff at no additional cost. In addition, their advisors are members of the Federation of Exchange Accommodators and many hold the Qualified Exchange Specialist designation.

Services they offer

IPX 1031 Exec Team
IPX 1031 Staff

IPX 1031 offers the full gamut of 1031 services, including every type of exchange. One interesting difference at IPX is they separate reverse and improvement exchanges to a separate national office. This allows their intermediaries to become experts on their particular topic.

  • Delayed or Deferred Exchange: The most common exchange, gives investors 45 days to identify a replacement property and 180 days to close
  • Reverse Exchange: Instead of selling your old property then buying a new one, you buy a new property before your old property is sold. IPX owns a subsidiary company that “parks” these properties before transfer
  • Improvement Exchange (Also called construction or build-to-suit): Allows you to use part of the value in your old property to improve a new property
  • Simultaneous Exchange: When you find a replacement property the same value as your own. You and the second party trade deeds to the properties

IPX 1031 Financial Stability and Security

fidelity national title company - IPX 1031 owner

An advantage of IPX is they’re a subsidiary of Fidelity National Financial, the largest title company in the US. During the 2008 downturn, some 1031 exchange companies went bankrupt. By working with a 1031 expert owned by a Fortune 500 company, that risk is nearly eliminated. They carry a $100M Fidelity Bond, $30M of errors and omissions insurance, and have a $50M performance guarantee. In addition, each client has an individual bank account with their own tax ID. All accounts are FDIC insured up to $250,000 and funds are only held at large banks. Last, IPX 1031 has a policy of giving you your income interest. For larger sales, this can be a meaningful amount of money!

IPX 1031 Costs

IPX 1031 has some variance in cost depending on which of their intermediaries you speak with. We recommend documenting all variables before asking for pricing.

  • Delayed 1031 Exchange: The base fee for a regular 1031 exchange varies between $750 and $900. This cost is to sell one property and buy one new property. Each additional property adds between $150-$250 in cost
  • Reverse 1031 Exchange: This cost varies based on value of property, location, and overall complexity. The figure you can ballpark is between $7,000-$13,000 for a reverse exchange
  • Improvement or Construction 1031 Exchange: Varies

IPX 1031 Locations and Customer Service

IPX 1031 has headquarters in Chicago and maintains offices throughout the United States. They have the largest sales team of any 1031 exchange company. Their satellite offices are independent from headquarters as well.

Below is a map of all IPX 1031 intermediaries throughout the United States.

Map created by Inside1031.com

Deepest Experience – Starker Services

Starker is the oldest 1031 exchange company in the United States. It was founded in 1987 and named for the legal case that established 1031 exchanges as an acceptable tax deferral strategy. On the plus side, their exchange facilitators are responsive and work as a team. The only downside we saw is that Starker is smaller and does not have the national reach other firms do. For example, most states are directed to contact the Starker headquarters in Los Gatos, CA.

Professional Experience

Starker is one of the oldest and most experienced 1031 exchange companies. It was founded after the 1987 Starker tax court decision made 1031 exchanges legal. Every major real estate firm has used Starker’s services, and the team completes thousands of successful exchanges every year. Many have recognized the contributions Starker makes to the 1031 exchange community, including the US Treasury Department. In addition, their team was among the first to take the Certified Exchange Specialist exams and earn the professional designation.

Services they Offer

Starker offers the full gamut of exchange services. A unique part of Starker’s strategy is they only focus on 1031 exchanges. Their team have become experts on every type of exchange, and are well-versed in each person’s role.

  • Delayed or Deferred Exchange
  • Reverse Exchange
  • Improvement Exchange (Also called construction or build-to-suit)
  • Simultaneous Exchange

Starker Financial Stability and Security

Starker has a solid financial footing and steady business due to its history and size. They are independently owned and operated, unlike many other 1031 firms. Starker has a longstanding relationship with Bridge Bank, which is FDIC insured. In addition, they carry a $1M Fidelity bond and $500,000 errors and omission policies. These both guard against the risk of your funds being tied up in a bankruptcy proceeding. Last, Starker does not typically give you interest income while your funds are being held.

Starker Costs

While Starker has a wealth of experience, they also had a difficult to understand cost structure. While they are upfront about fees, it can be hard to figure out how much you will pay given your situation. In addition to costs below, it’s important to note Starker usually takes interest income.

  • Delayed 1031 Exchange: There is a $750 service fee to Starker Services for the sale of your old property and purchase of your new one. After that, there’s a $100 escrow agreement fee that is taken out at closing. An additional replacement property is $250; each additional sold property is $500. For a second sale of an old property, Starker then levies another $100 escrow agreement fee.
  • Reverse 1031 Exchange: Varies, but complicated and expensive process.
  • Improvement or Construction Exchange: Not able to determine

Starker Locations and Customer Service

While headquartered in Los Gatos, CA – Starker does have a presence on both coasts. They have offices in the following cities:

  • Los Gatos, CA (Headquarters)
  • San Jose, CA
  • Miami, FL
  • Atlanta, GA

East Coast Presence – 1031 CORP.

Based in Pennsylvania, a state with stricter laws on the 1031 exchange, 1031 CORP. has our approval for investors. In business for over 25 years, their team is over 15 employees strong across multiple locations. 1031 CORP. is one of a handful of exchange facilitators in the state. This is likely due to Pennsylvania’s reluctance to allow the 1031 exchange. Especially for investors located in Pennsylvania, we recommend working with 1031 CORP. on your exchange.

Professional Experience

Margo McDonnell - CEO of 1031 CORP. exchange company. They have a team of qualified intermediaries.
Margo McDonnell – 1031 CORP. CEO

1031 CORP. was founded in 1991 with associations to a large title company in Pennsylvania. 1031 CORP. is led by Margo McDonnell who has deep experience as a founder Certified Exchange Specialist (CES) designation and is a past president of the Federation of Exchange Accommodators. Margo and other members of the 1031 CORP. team are involved in writing about new exchange developments and speak regularly at events across the country. Many team members are also Certified Exchange Specialists and almost all exchange coordinators hold the CES designation.

Services they Offer

1031 CORP. is one of the most experienced qualified intermediaries in the country. They offer the full gamut of services, and only concentrate on the 1031 exchange. Unlike other companies, they do not try to sell DST or TIC properties alongside your 1031 exchange. 1031 CORP. offers:

  • Delayed or Deferred Exchange
  • Reverse Exchange
  • Improvement Exchange (Also called construction or build-to-suit)
  • Simultaneous Exchange

1031 CORP. Financial Stability and Security

Owing to its long history and large team, 1031 CORP. is one of the most stable exchange companies. They have well over $1M in annual revenue and around 15 employees, ensuring they are not about to go out of business. In addition to numerous industry certifications, 1031 CORP. has safe practices related to holding funds. They use separate accounts which are FDIC insured, and you can login to view the balance at any time. Also, they ensure your funds cannot be moved unless you give written authorization, and then two people at 1031 CORP. must confirm the move. Last, like many companies 1031 CORP. holds a fidelity bond and other liability coverage in case something goes wrong.

1031 CORP. Locations and Customer Service

1031 CORP. has two locations – Collegeville, PA and Bend, OR.

National Leader – Asset Preservation, Inc

One of the largest 1031 exchange companies, Asset Preservation or “API Exchange” has a nationwide presence. They employ qualified intermediaries across the United States, and take a cohesive approach to client outreach and care. Also, they’re a subsidiary of Stewart Title company. We especially liked that API encourages prospective clients to receive a consultation before moving ahead. This ensures you will understand the benefits and trade-offs in your situation.

Professional Experience

API has been in business since 1990 and have completed over 180,000 1031 exchanges. They employ a team of exchange specialists, attorneys, and accountants who all work together for clients. A bit different than most companies, API’s staff tends to specialize in a specific type of exchange. For example, only a certain subset of facilitators are experts on the reverse exchange. Many of API’s staff members are Certified Exchange Specialists, and most have decades of experience coordinating exchanges.

Services They Offer

API offers a broad range of 1031 exchange services. While they are a subsidiary of Stewart Title, they are focused on providing exchanges first. Unlike other 1031 exchange companies, they do not try to sell DST or TIC properties in addition to an exchange. API offers the following services:

  • Delayed or Deferred Exchange
  • Reverse Exchange (Specialized Commercial Division within API)
  • Improvement Exchange (Also called construction or build-to-suit)

API Financial Stability and Security

Owing to their long history and large size, API is one of the most stable exchange companies in the US. API has a staff of nearly 20 qualified intermediaries, and the company is owned by publicly traded Stewart Title. API maintains fidelity bond coverage in each state of $1M, and errors and omission coverage of $5M. In addition to the usual security protections, API claims to go above what is usually offered by 1031 exchange companies. Most unique, API issues a Letter of Assurance to each exchange customer. This letter assures API’s performance of its duties under the exchange agreement. In addition, the amount of coverage provided by this LoA is not limited like an E&O policy.

API Exchange Costs

API has a fair and easy-to-understand cost structure for delayed exchanges. They do take into account the value of the property.

  • Delayed 1031 Exchange:
  • For exchanges where the sales price of the relinquished property is under $500,000: $1,000 for the sale of one relinquished property and purchase of one replacement property.
  • Exchanges where the sales price of the relinquished property is $500,000-$1M: $1,500 for the sale of one relinquished property and purchase of one replacement property.
  • When the sales price of the relinquished property is over $1,000,000: $2,000 for the sale of one relinquished property and purchase of one replacement property.
  • $200 for each additional sale
  • $200 for each additional property purchase, beginning with the 2nd replacement property purchase
  • $500 seller carryback note handling fee
  • Reverse 1031 Exchange: Case-by-case basis
  • Improvement or Construction Exchange: Case-by-case basis

API Exchange Locations and Customer Service

API has headquarters in Roseville, CA but maintains offices across the United States. Their facilitators tend to be very responsive to inbound requests. They also offer free consultations to make sure a 1031 exchange makes sense for you. API has a physical presence in the following cities:

  • Roseville, CA (headquarters)
  • Phoenix, AZ
  • Newport Beach, CA
  • Denver, CO
  • Tampa, FL
  • Miami, FL
  • Boston, MA
  • Shirley, NY (East coast hub)
  • New York, NY
  • Portland, OR
  • Franklin, TN
  • Houston, TX
  • Austin, TX
  • Harrisburg, VA

Business Friendly – Old Republic Exchange Company (OREXCO)

Some 1031 exchange companies are aimed at individual investors, and some only at businesses and REITs. While Old Republic Exchange Company handles both, we found them well suited for large exchanges. They are a subsidiary of the publicly traded Old Republic International Corporation, which is also parent to Old Republic Title Insurance Company. Benefiting from offices and qualified intermediaries across the country, we recommend Old Republic for any investor with a high value property.

Professional Experience

Originally founded in 1993 as a subsidiary of Old Republic International Corporation (NYSE: ORI), OREXCO has completed thousands of exchanges. Since their founding, OREXCO has focused on expanding awareness of the 1031 exchange and its benefits. They are members of the Federation of Exchange Accommodators, and many of their staff have served high-ranking positions. In addition, they have Certified Exchange Specialists on staff ready to help clients.

Services They Offer

OREXCO offers the full range of 1031 exchange services. Whether you are doing a delayed or reverse exchange, OREXCO has experience and guidance for your situation. In addition, they are one of the only exchange companies who highlights their experience with the simultaneous exchange. If you need a facilitator for this type OREXCO is likely your best bet. Here is the full list of exchange services they offer:

  • Delayed or Deferred Exchange: The most common exchange, gives investors 45 days to identify a replacement property and 180 days to close
  • Reverse Exchange: Instead of selling your old property then buying a new one, you buy a new property before your old property is sold.
  • Improvement Exchange (Also called construction or build-to-suit): Allows you to use part of the value in your old property to improve a new property
  • Simultaneous Exchange: When you find a replacement property the same value as your own. You and the second party trade deeds to the properties

OREXCO Financial Stability and Security

Owing to their backing Old Republic International (NYSE: ORI), OREXCO is one of the most stable and secure exchange companies. They recognize that there is no national regulation of their industry, and have self-imposed strict regulations and operating procedures. OREXCO is insured with a $120M Fidelity Bond, this is much higher than other intermediaries. In addition, OREXCO is covered by a $50M errors and omission policy, also much higher than other companies. On the downside, OREXCO does commingle your funds with other investors. In the event of a bankruptcy, your funds could be considered “company money” and given to creditors.

OREXCO 1031 Exchange Costs

OREXCO has an easy to understand structure for delayed exchanges. That said, their model was difficult to understand for more complex situations. Things such as multiple properties or reverse exchanges require a phone call to get a quote. Something else to consider with OREXCO is that they hold the interest income. If your property is valuable, this could be a significant amount of money. Here is OREXCO’s pricing model:

  • Delayed 1031 Exchange: The delayed exchange starts at $750 for their set up fee. Each additional replacement property is $375 for documentation, and $35 for each wire transfer.
  • Reverse 1031 Exchange: Starts at $5,500 and requires phone consultation to deliver quote.
  • Improvement or Construction Exchange: Varies

OREXCO Locations and Customer Service

OREXCO has headquarters in Walnut Creek, CA and locations around the country. They are fairly responsive to inbound requests and do offer free consultations with your exchange. Here’s the cities where OREXCO has a physical presence:

  • Walnut Creek, CA (headquarters)
  • Phoenix, AZ
  • Novato, CA
  • Tampa, FL
  • Honolulu, HI
  • Charlotte, NC
  • Columbus, OH
  • Redmond, OR
  • Lake Oswego, OR
  • Wayne, PA
  • Dallas, TX

Industry Leader – First American Exchange Company (First Am)

Also a subsidiary of a large publicly traded company, First American Exchange Company offers personalized service with a large company backing. We recommend First Am to any investor, large or small. They have exchange facilitators at locations throughout the US, and most have broad experience.

Professional Experience

First Am has been conducting exchanges for decades and has broad experience with every conceivable situation. Most of their staff are members of Federation of Exchange Accommodators and have passed the Certified Exchange Specialist exam. They have experience in nearly every state in the US, and know the laws specific to each state. Last, they have attorneys and accountants on staff who can provide legal and tax advice.

Services They Offer

First Am offers every type of 1031 exchange and is well equipped to handle complex transactions. In addition to delayed and reverse exchanges, First Am has background in improvement exchanges. This makes them a “one-stop-shop” for any type of exchange you might need. Here’s the full list:

  • Delayed or Deferred Exchange: The most common exchange, gives investors 45 days to identify a replacement property and 180 days to close
  • Reverse Exchange: Instead of selling your old property then buying a new one, you buy a new property before your old property is sold.
  • Improvement Exchange (Also called construction or build-to-suit): Allows you to use part of the value in your old property to improve a new property
  • Simultaneous Exchange: When you find a replacement property the same value as your own. You and the second party trade deeds to the properties

First Am Financial Stability and Security

Owing to their parent company and strong experience, First Am is one of the more stable exchange companies out there. Their parent company First American Financial Corporation (NYSE: FAF) does over $5B in revenue each year. In addition, First Am holds all client funds in separately held accounts that are FDIC insured. Each account has your name and taxpayer ID, ensuring they cannot be used in a bankruptcy proceeding. First Am does hold a Fidelity Bond totaling $20M, and Error and Omission coverage totaling $10M. Last, they do indemnify loss of your funds while in First Am’s control. This will help you sleep easier knowing your funds are secure.

First Am Costs

First Am has an easy to understand pricing model. Here’s a summary:

  • Delayed 1031 Exchange up to $1M: Starts at $1,000, each additional “old” or “new” property adds $250
  • Delayed 1031 Exchange over $1M: Starts at $1,500, each additional “old” property adds $750. Each additional “new” property adds $250

  • Reverse 1031 Exchange: Starts at $8,000 and requires phone consultation to deliver quote. Mainly do reverse exchanges from San Jose office
  • Improvement or Construction Exchange: Varies

First Am Locations and Customer Service

First Am has one of the largest salesforces of any exchange company. If you need a qualified intermediary in your area, First Am may be a great choice. Here are their office locations.

  • Mount Vernon, WA
  • Phoenix, AZ
  • Walnut Creek, CA
  • Irvine, CA
  • Los Angeles, CA
  • San Jose, CA
  • Denver, CO
  • Saint Augustine, FL
  • Atlanta, GA
  • Chicago, IL
  • Mandeville, LA
  • Wayland, MA
  • Minneapolis, MN
  • Bloomington, MN
  • Myrtle Creek, OR
  • Portland, OR
  • Irving, TX
  • Salt Lake City, UT
  • Vancouver, WA

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