The CES® designation was established in 2003. It is recognized as the mark of professionalism and knowledge in the 1031 exchange industry. To earn the designation, candidates must demonstrate knowledge of exchange rules and competency in performing the critical and ethical activities of a qualified intermediary. Because Section 1031 exchanges are complex transactions, the CES® designation is an important indicator of an accommodator’s experience and knowledge. It demonstrates to a property owner considering an exchange that the professional they have chosen has met the key criteria necessary to perform exchange transactions accurately and ethically..