WFG Has Launched 1031 Exchange Services Through WFG 1031, LLC
Williston Financial Group® (WFG®), a full-service provider of title insurance and real estate settlement services for commercial and residential transactions nationwide, launched 1031 Exchange services through WFG 1031, LLC. A newly launched product of WFG’s marketing and technology subsidiary, MyHome, a Williston Financial Group Company™, WFG 1031, LLC provides 1031 Exchange services in partnership with Accruit LLC, one of the nation’s leading Qualified Intermediaries.
While not provided by WFG National Title Insurance Company (WFG NTIC), 1031 Exchange services are available to WFG NTIC’s customers on a referral basis through WFG 1031, LLC. The company’s customers who use WFG 1031, LLC for their 1031 Exchange needs will benefit from seamless and transparent transactions while keeping more of their real estate transaction business under the WFG umbrella.
“Our mission at MyHome is to create continuous value for real estate, mortgage, and title industry professionals, and the consumers they serve. For this reason, we’re thrilled to introduce the availability of 1031 Exchange services through our newest offering, WFG 1031, LLC,” said MyHome, a Williston Financial Group Company President Marty Frame. “We’re dedicated to making each 1031 Exchange process as efficient and seamless as possible, reflecting our promise to bring more value and trust to every client relationship, and this collaboration ensures that our clients benefit from streamlined, secure, and transparent real estate transactions under the trusted WFG umbrella.”
Other benefits of working with WFG 1031, LLC for 1031 Exchange services include:
- In-House Coordination: The 1031 Exchanges will be coordinated through an in-house team, reducing friction and increasing efficiencies.
- Software Workflow: The 1031 Exchanges will be completed through Accruit’s patented, industry-leading 1031 Exchange software, Exchange Manager ProSM, ensuring safe, secure processing and keeping clients and advisors informed about transaction timelines, fund availability, and other pertinent information throughout the 1031 Exchange process.
- 1031 Exchange Expertise: Access to Subject Matter Expert Attorneys and Certified Exchange Specialists® (CES®) through Accruit.
- Security of Funds: 1031 Exchange funds are safeguarded and held in segregated bank accounts and covered by Accruit under a $50 million fidelity bond, $25 million Errors & Omissions insurance, and $20 million Cyber Liability insurance.
The Place for Lending Visionaries and Thought Leaders. We take you beyond the latest news and trends to help you grow your lending business.