Kidder Mathews is pleased to announce the launch of 1031 Exchange Services, in partnership with Accruit, an industry-leading national qualified intermediary (QI). The new service line provides clients the ability to manage both the real estate transaction and the exchange process under one roof.
With this strategic partnership, clients can expect enhanced benefits, including:
- In-House Coordination: Internal coordination of 1031 exchanges ensures an efficient and hassle-free process.
- Robust Safeguards: A $50 million fidelity bond, $25 million in errors and omissions insurance, and $20 million in cyber liability coverage safeguard client assets, all verified with available documentation.
- Secure Fund Handling: Exchange funds are securely managed in segregated accounts, protecting assets throughout the transaction.
- Advanced Technology: Patented software tracks transaction timelines and manages funds safely, providing real-time updates and transparency.
- Expert Support: Access to Certified Exchange Specialists® and a dedicated team of expert attorneys and CPAs offers comprehensive guidance throughout the exchange process.
“Accruit brings deep expertise and extensive experience in 1031 exchanges to Kidder Mathews," said Eric Paulsen, President of Brokerage. “This partnership allows us to provide secure, streamlined services, utilizing Accruit’s patented technology and expert team to guide clients through the often complex 1031 exchange process.”
