Fees
What an exchange costs, and what to ask about the fee.
The intermediary's fee is usually a small part of an exchange's cost. The terms around it, interest on the funds, extra charges and cancellation, deserve as much attention as the number.
onezero3one sets out its fee in writing before you sign anything. A standard forward exchange is $1,500. Whatever intermediary you use, get the whole fee picture in writing: the base fee, anything charged per additional property, wire or document charges, who receives the interest on the funds, and what is kept if the exchange is cancelled.
onezero3one's fee
| Item | Fee |
|---|---|
| Forward exchange: one relinquished property and one replacement property | $1,500 |
| Each additional replacement property | $200 |
| Reverse and improvement (construction) exchanges | Quoted in writing for each transaction |
Refunds: the fee is not refundable once the exchange agreement has been signed. Ask any questions about the fee before you sign.
What changes an intermediary's fee
- Number of properties. Each additional relinquished or replacement property adds documents, closings and wires.
- Type of exchange. Reverse and improvement exchanges need a separate titleholding entity and much more work than a forward exchange, and cost correspondingly more. onezero3one handles both and quotes them in writing.
- Wires and overnight delivery. Some intermediaries charge these separately; ask.
- Timing. Ask whether a short-notice setup costs more.
Interest on the exchange funds
Exchange funds may earn interest while they are held. Who keeps it is a term of the exchange agreement, and it affects your real cost more than a few hundred dollars of fee difference on a large exchange. The Treasury regulations on exchange funds (§1.468B-6) decide who is taxed on the earnings, and the answer depends on whether the agreement pays all of them to the exchanger; ask your tax advisor how your agreement will be treated. Washington requires facilitators to pay all earnings on separately identified client funds to the client. Ask for the rate, who receives it, and how it is reported.
What is not in the intermediary's fee
Your closing agent's settlement and escrow fees, title insurance, recording fees, transfer taxes, lender charges and your advisors' fees are separate. Transfer taxes in particular usually apply to both the sale and the purchase; see the state pages.
Questions to ask about any fee
- Is the fee fixed, and what exactly does it include?
- What is charged per additional property, per wire, or for amendments?
- Who receives the interest, at what rate, and how is it reported?
- What is charged if the exchange is cancelled before or after the sale closes?
- When is the fee paid: at the sale closing, from the exchange funds, or at the end?
Related
Sources
- Treas. Reg. §1.1031(k)-1(g)(5) (interest or growth factor on exchange funds) (checked September 30, 2026)
- Treas. Reg. §1.468B-6 (exchange funds and who is taxed on the earnings) (checked September 30, 2026)
- RCW 19.310.110 (Washington: earnings on client funds) (checked September 22, 2026)
Get the fee in writing
Tell us the sale state, the number of replacement properties you expect, and the closing date.
Request a written quote