Exchange Resource Group

Exchange Resource Group, LLC (ERG) is a nationwide qualified intermediary for Section 1031 tax-deferred exchanges, based in Lakewood, Colorado. It handles standard forward exchanges as well as the more complex reverse and construction or improvement structures.

ERG provides the full set of qualified intermediary functions: document preparation, secure holding of exchange funds, timeline tracking, transaction support, and education, for investors, brokers and agents, CPAs, attorneys, and title and banking professionals. The firm markets round-the-clock access to its exchange professionals and free, unlimited consultations, and publishes a tax savings calculator and an exchange timeline calculator.

Fees are published. A standard exchange starts at $950 covering the sale and first purchase, with $250 for each additional property acquired, and the fee includes audit support if the exchange is later audited. Reverse exchanges start at $4,500 and improvement or construction exchanges at $5,500, in addition to the fee paid at the time of sale, plus the cost of holding the property and facilitating improvements. The firm cites a combined 85 years of team experience, and besides Lakewood it lists a second Colorado office in Louisville and direct contacts for Florida, Texas, and north metro Colorado.

How and where exchange funds are held, which bank, what account type, what insurance or bonding, is not described on the public site. Ask before signing, and ask how holding and improvement costs on a reverse exchange are billed on top of the quoted starting fee.