Trading Places

" A new transit to take off this year hold swapping literally trading places buying and selling trade your home for no other. -- desperate to -- campus here now with how this works Katrina this day at 1031 properties -- how exactly does this war."

" No it didn't from 1030 when exchange house swapping is not a new concept we normally have seen it on a short term basis with families who are vacationing however are more recently. People actually do mean permanent house -- Now what is it that it's a new concept. As far as the -- how flap is concerned. But for instance I just had a recent transaction where an athlete who is getting ready to retire and would like to leave Miami and moved to the Dominican Republic with having difficulties. Selling his home. I found a buyer that actually had a home in the Dominican Republic and they swaps and ended up paint each candidate difference now."

" Thank you like it did there's no way they're going to you're a final that are exactly the same values so how do you work out the difference."

" Well what what happened visiting you and got -- different city other side now if the marriage you know finding the perfect person for the perfect house. Is like hanging hanging on haystack so it's not going to work every time. But you're beginning to see it more and more because there are so many sellers in the market that want to buy homes but can't until they -- the equity from selling their current homes and -- it is a win win situation for. Many sellers out there. It's a minute we're beginning to seem much more often I'd rather than just regular offers coming in."

" Well it's good to see the real estate market evolving a lot of times and pain is when you get the greatest financial innovation. Katrina camp and thank you very much for joining us and our world."

" Thanks so much for having me."