Bring the exchange team into your client's transaction
We coordinate the exchange documents and funds process while you continue advising your client within your role. Start with the next closing date, whether the sale or purchase comes first, and the professionals already involved.
IES handles Qualified Intermediary services. For a purchase-first or improvement arrangement, RES coordinates titleholding and exchange documents with the transaction team.
For real estate brokers
Introduce the exchange team while the contract and closing sequence are still being coordinated. We can identify the exchange-document steps to discuss with escrow and the client.
Send the contract status and proposed dates through the agreed channel. The client's tax and legal advisors decide qualification and treatment; you do not need to resolve those questions before making an introduction.
For CPAs
We can provide exchange transaction records for your client's reporting and coordinate exchange steps around the assumptions you approve. Flag taxpayer identity, liabilities, the applicable return due date, and state reporting early.
Your tax calculations and return positions remain with you. Our cash, debt, and boot guide identifies the transaction facts to assemble.
For attorneys
The team prepares its exchange documents and coordinates them with the title and contractual structure you review. Raise entity, related-party, assignment, or ownership changes before the applicable transfer.
Legal advice and transaction documents outside the exchange team's scope remain with counsel. Review our LLC and partnership planning guide for common ownership questions.
For escrow and title personnel
IES coordinates exchange agreements, assignments, settlement-statement review, and funds steps with escrow. RES also coordinates the ownership path when property is held in a reverse or improvement arrangement.
Call the exchange team when a closing date or funds instruction changes. Do not send sensitive documents through an unapproved channel.
For lenders and insurance personnel
A reverse or improvement exchange can use an Exchange Accommodation Titleholder or an approved entity. The transaction documents must agree with that structure.
Review the proposed structure before the purchase closes. Do not assume that ordinary borrower and title forms will apply.
Information for the first coordination call
- The taxpayer and ownership entity.
- The relinquished and replacement properties.
- The sale and purchase sequence.
- The expected closing dates.
- The signed contracts and amendments.
- The title and escrow contacts.
- The lender and insurance contacts.
- The active exchange deadlines.
- The approved advisor decisions.
Who contacts the Qualified Intermediary?
Any transaction party can start the coordination. The taxpayer must approve the engagement and sign the applicable exchange documents.
Can a broker or escrow officer give the client tax advice?
Each professional must stay inside the professional role. The taxpayer's tax advisor and attorney must approve tax and legal conclusions.
What happens when a closing date changes?
Tell the exchange team and all advisors immediately. The change can affect documents, financing, insurance, and exchange periods.
How do we send sensitive documents?
Ask the exchange team for the approved secure delivery method. Do not send account numbers or wire instructions through the public form.
Coordinate the next transaction
Introduce a client or discuss a transaction. Include your role, the next closing date, and the sale/purchase sequence. Use the start checklist for supporting information; do not send sensitive records through the public form.
This page gives general information. It does not give tax, legal, brokerage, escrow, title, lending, insurance, or financial advice.