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Wholesaling
HomeForumsWholesalingWholesaling Assignment Contract Question
Ryder Meehan's profile image
Ryder Meehan's profile image
Ryder Meehan
  • Investor
  • from San Francisco, California
  • Member since May 9, 2015
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Ryder Meehan's profile image
Ryder Meehan's profile image
Ryder Meehan
  • Investor
  • from San Francisco, California
  • Member since May 9, 2015
Connect
Ryder Meehan
  • Investor
  • San Francisco, CA
95
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201
Posts
Wholesaling

Wholesaling Assignment Contract Question

Ryder Meehan
  • Investor
  • San Francisco, CA
Posted Aug 26 2016, 08:24

Novice to wholesaling here! So I have a buyer and a seller on my first wholesaling deal (hopefully) and am a little confused on the contracts.

I have an option on a seller’s property at $45K and he has signed the TREC contract and the assignment contract.

I have a buyer that has agreed to a $56K price and is ready to sign the assignment contract as well but where do I document the $11K assignment fee? Should that also be included in the assignment contract?

Any advice or better yet - sharing a contract example - would be most appreciated!

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