How to assign a contract back to a seller

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  • Contractor · Nashville, TN · Member since 2014 · 1k+ posts · 1k+ votes
    5y

    Haha I love this question. Why would you assign a contract back to the seller? Just cancel the agreement.

  • Bryan, TX · Member since 2017 · 5 posts · 3 votes
    5y

    @Allan Smith You assume I already have a contract signed, which I don't. There are several investors, such as Ron LeGrand, that say one can assign a lease purchase with a T/B back to the seller to collect an assignment fee. If you don't know how to answer a question, or don't know what posters are talking about, stay out of the conversation. Thank you.

  • Real Estate Broker · Chicago · Member since 2021 · 108 posts · 23 votes
    4y

    For some real estate agents, the thought of assigning a contract back to the seller is not only scary but also makes them feel uncomfortable. This discomfort often comes from inexperience and fear of what could happen if they make mistakes. But it doesn’t have to be that way; with proper training and education, you can learn how to assign contracts back successfully while improving your bottom line.

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