Assignment of Contract

3 Replies

The house is listed for an assignment price of $30K. Does this likely mean the wholesaler's fee is included in this price or is $30K the actual wholesaler's fee?  I have been reading that wholesaling fees are generally 5K or less. 

Originally posted by @Reginald Bittle :

The house is listed for an assignment price of $30K. Does this likely mean the wholesaler's fee is included in this price or is $30K the actual wholesaler's fee?  I have been reading that wholesaling fees are generally 5K or less. 

 The price includes the wholesaler fee. Most assignment fees are over $5K. Some wholesalers have assignment fees well over $100K. I wouldn't be surprised if this wholesaler paid $15K or less for the property. I would worry less about how much the wholesaler is making and more about whether the price is below market.