Wholesale Deal - Fixed Fee for Wholesaler - Contract Contingency

Wholesale Deal - Fixed Fee for Wholesaler - Contract Contingency

Investor · Charlotte, NC · Member since 2021 · 9 posts · 4 votes

Hello BP!  I'm curious if something like the following exists:  a contract contingency that would essentially make the wholesale fee fixed.  For example, say the seller and I signed for a purchase price of $50k to go to the seller, but if the assignor can assign the contract for anything over $60k, the excess would go to the seller on close.  I know this sounds silly from an investor standpoint since as investors we are actively looking to make as much as possible.  However, I'm dealing with a seller who I think would appreciate some goodwill in this fashion.  If anyone has heard of or done anything like this before, I would appreciate any info!

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  • Title Representative · Irvine, CA · Member since 2017 · 874 posts · 519 votes
    3y

    I don't see why not, sure.

  • Investor · Austin, TX · Member since 2021 · 9k+ posts · 5k+ votes
    3y

    You can structure a deal in any way you want, this scenario makes no sense though. 

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