Managed Services

What are Managed Services?

Managed Services facilitate back-office processing, administration, reporting, tracking and funds management for 1031 like-kindlike-kind exchanges. Managed Services leverage Exchange Manager Pro, a proprietary, online, secured application, and a team of exchange professionals, freeing Exchange Facilitators to consult and communicate with clientele and grow their exchange businesses.

What is an Exchange Facilitator?

An Exchange Facilitator is an independent consultant and the main point of contact with exchangers regarding 1031 exchanges in the marketplace. Often, qualified intermediaries (QI) wish to focus their attention and resources on growing their businesses rather than processing exchanges. When administering exchanges through Exchange Manager Pro, the Exchange Facilitator will not be the QI on the exchange but will have access to the application as the exchange lead.

Can I be an Exchange Facilitator?

Exchange Facilitators are FEA members well-versed in Section 1031 of the Internal Revenue CodeInternal Revenue Code and the rules and regulations surrounding like-kind exchanges, including:

• Boutique qualified intermediaries who manage between five and 30 exchanges each month.
• Attorneys, accountants and banks who accommodate 1031 exchanges as an additional service.
• New entrants into the 1031 industry who have a network and practice focused around potential exchangers but may lack experience, resources or background to offer a full suite of QI services.

Your Back-Office, Managed.

• Cloud-based qualified intermediary services
• Significant revenue stream:  up to 80% referral fee
• Secured, 24/7 access for the Exchange Facilitator
• Document prep: assignment and exchange agreements and designation notice
• Exchange funds segregated on behalf of the Exchange Facilitator with sub-accounting per exchange
• Clients of the Exchange Facilitator remain clients of the Exchange Facilitator
• 1031 technical support from CES® and exchange attorneys
• Document retention and retrieval
• Electronic signature functionality  
• Branded communication between Exchange Facilitator and their client
• Complete suite of reports, including final exchange report
• Timely email notifications on exchange progress to the exchanger and Exchange Facilitator, including:
  • 45-day and 180-day exchange period reminders
  • Assignment notifications and instructions for relinquished and replacement properties
  • Confirmation of funds credited and confirmation of funds received
  • Upcoming bank holidays
  • Executed exchange documents