Discount1031Exchange.com

 

What are Typical QI Fees?

The easiest answer to this question is there is no accepted standard for QI fees. A QI typically will charge a fee dependent upon the complexity of the transaction. The complexity is determined by the number of properties involved, the size of the transaction, and other special requirements you may need.

We researched this quite thoroughly online. We found QI fees to average around $750 to $1,000 for the entire transaction, but we found some as high as $2,500 once you added up all the combined QI fees.

If the QI fees are low, do you get what you pay for?

Maybe. There are many factors that you should consider when choosing a QI firm. For example, you should consider the QI fees, the turn around time, the branch office locations, the level of service you desire, their experience, etc. You also should realize that QI fees are not just based on the amount of work that the QI firm performs, but also the amount of risk taken on by the QI firm.

Types of QI fees

QI fees will typically include a fee for the sale property, and a fee for the replacement or purchase property. It is common to pay an additional $300 for each additional property that is involved in the exchange.

What QI fees does Discount1031Exchange.com charge?

We offer a standard QI fee of $500, which includes one property sold, and one property acquired. For more information, click to learn more about our QI fees.