Valuation Help for a QI (Qualified Intermediary)

July 24, 2024
by a searcher from Louisiana State University - E. J. Ourso College of Business in Atlanta, GA, USA
How should I approach valuing a QI company?
July 24, 2024
by a searcher from Louisiana State University - E. J. Ourso College of Business in Atlanta, GA, USA
How should I approach valuing a QI company?
from Louisiana State University in Atlanta, GA, USA
This company specializes in facilitating 1031 exchanges, a type of real estate transaction that allows investors to defer capital gains taxes when they sell an investment property and reinvest the proceeds into a similar property. They provide intermediary services to ensure compliance with IRS regulations, manage the exchange process, and offer consulting, document preparation, and transaction tracking services.
The broker is valuing this business at 3-5x multiple. It seems to me it would be more appropriate to value this business more as a consulting business at 1.5-2x multiple.
from Southern Oregon University in Portland, OR, USA