Investor · Odessa, TX · Member since 2015 · 54 posts · 22 votes
11y
You get paid your assignment fee or the difference of what your buyer owes you versus what you owe the seller (double closing) once the deal goes to the closing table, and usually it's via wire transfer (there may be other payment methods) once everything clears and the sale is finalized.
Investor · Odessa, TX · Member since 2015 · 54 posts · 22 votes
11y
also it would be wise to collect a non refundable earnest money deposit from your buyer when they sign a contract so that they are less likely to waste your time and back out of the deal at the last second...if they do back out, at least your paid for the time wasted.