1031.Exchange INTELLIGENCE NETWORK
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PROFESSIONAL ROLES

Commercial real estate broker

Also called: CRE broker · investment sales broker · commercial broker

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PLAIN-ENGLISH DEFINITION

A licensed real-estate professional representing buyers, sellers, landlords or tenants in commercial property transactions.

What it means in practice.

In a 1031 context, brokers often source relinquished-property buyers and replacement opportunities and help manage compressed transaction timelines.

Why it matters.

Brokerage advice is not a substitute for tax, legal or securities advice.

Additional notes.

In a 1031 context, brokers often source relinquished-property buyers and replacement opportunities and help manage compressed transaction timelines.

CONNECTED LANGUAGE

Related definitions.

Core 1031Replacement propertyThe property the taxpayer receives as the replacement in a Section 1031 exchange.Transaction & ClosingOffering memorandumA marketing document summarizing an investment property, its financials, market story and transaction terms.Transaction & ClosingLOIA preliminary document outlining major proposed deal terms before definitive contracts are negotiated.
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