The Wholesaler's Assignment of Contract

The Wholesaler's Assignment of Contract

One of the biggest concerns of people wanting to become a wholesaler is "where do i get the contract?" This course will provide the contract that you can use in all 50 states and will give you the instructions on how to use it. The Assignment of Contract is what wholesalers use to make money in real estate. Learn all the components of the contract and when to use it. Also get 2 bonuses, including using the Double Closing as another tool to make more money.

The goal in real estate wholesaling is to sell the home to an interested party before the contract with the original homeowner closes. This means no money exchanges hands between the wholesaler and the seller, not at least until a buyer is found by the wholesaler. So how does the wholesaler make money? He makes a profit by finding a buyer willing to purchase the home at price higher than the amount agreed upon by the buyer. The difference in price—paid for by the buyer—is the profit, retained by the wholesaler.

Wholesaling real estate is best suited for people who want to get into the business, but don't have the finances. One of the best things is that you don't need to take a course, pass an exam, or get a real estate license to become a wholesaler. If you have great people skills and are fairly patient, wholesaling may be right for you.

Learn to Assign properties to investors and become a wholesaler

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What you will learn

• Assign a Contract to an Investor
• Find interested real estate investors
• Put a contract on distressed properties

Rating: 4.83333

Level: Beginner Level

Duration: 33 mins

Instructor: Lance LaGrange