property swap

A property swap is an agreement where two parties exchange ownership of real estate assets directly, rather than buying or selling through cash transactions. For example, a homeowner might trade their house with another owner’s property, often facilitated by real estate professionals to ensure fair valuation. This approach can be beneficial for both parties, allowing them to upgrade, downsize, or change locations without the need for traditional sales processes. Property swaps can also help avoid some costs, taxes, or market uncertainties associated with selling and buying separately.