How To Fill Out An Assignment Contract For Wholesaling Real Estate!

[@RealEstateSkills]

🚀 Download Your FREE Assignment Contract Here: ➡ www.realestateskills.com/contracts?el=htfooacfwr P.S. What'd you think of the video? Let us know below!

[@courtneydavis6367]

Yall are literally the only one that actually has the contracts/agreements like this! Thank you 🎉

[@RealEstateSkills]

Thank you for watching! If you are interested to learn more about our strategies and tips on wholesaling real estate, check out our FREE training: www.realestateskills.com/training?el=htfooacfwr Happy investing!

[@selenajackson1126]

Good information guys! Thank you ❤. You always confirm that I’m doing everything correctly in wholesaling.

[@RealEstateSkills]

Thanks for the comment, Selena! Glad you enjoyed the video and that it's confirming you're wholesaling correctly! We really wanted to dive specifically into the Assignment of Contract on this one. :) Keep crushing it! 🏠

[@Realtor_Ryan_Hodzic]

mentor me.

[@ShechyTheWhale]

I was quite confused about whether or not I can assign the contract. This video helped, so thanks!

[@RealEstateSkills]

Thanks Shechy! If you also want to learn how to wholesale real estate using our methods, you may attend our FREE training! www.realestateskills.com/training?el=htfooacfwr Cheers!

[@CornelTops]

Great info guys, would you use a quit claim deed with the assignment contract

[@RealEstateSkills]

Hey there - nope, we just use the assignment of contract along with the residential purchase agreement used! Cheers & Happy Wholesaling! 🏠 P.S. Please shoot us a SUBSCRIBE if you found the content valuable! We'll be coming out with more on wholesaling and all things real estate!

[@curtiswilliams9581]

Very Transparent Gentlemen!!

[@RealEstateSkills]

Hi there! Thank you for your kind words! We aim to provide as much transparency and value as possible to help everyone on their real estate journey. Let us know if you have any questions or need advice-we’re here to help! 💙

[@ItsMr24]

Hi, I’m looking to add a clause to my contracts (if there isn’t one already) to protect myself in case my buyer backs out or there are issues during due diligence. Specifically, I’m thinking of including a contingency that states the offer is contingent on a partner’s approval and an inspection period. If I make this change, do I need to make any other adjustments to the contract? Also, where should I include this clause-should it go in the purchase and sale agreement, the assignment addendum, or both? Thank you for your guidance! Love the video.

[@LifeWithAdi_]

Does this have to be notarized?

[@RealEstateSkills]

Hi Adi, Great question! No, an Assignment Contract for wholesaling typically does not need to be notarized. As long as the contract is signed by all parties involved (you, the seller, and the end buyer), it is legally binding. However, it's always a good idea to double-check local laws or consult with a real estate attorney, as regulations can vary by state. Hope that helps! 💙

[@AhmedAhmed-i8k2j]

Great video, I just have two question: 1- who bring the title company? Who pays for the title company? Where/how to get the title company? 2- who pays for the inspection me or the cash buyer? Do I really have to do inspections or just write it in the contract that will be 7 days inspection?

[@RealEstateSkills]

Great question! As a wholesaler, it’s smart to establish a relationship with an investor-friendly title company early on to handle closings. Title company fees are typically split between buyer and seller but are often covered by the cash buyer in wholesale deals. As for the inspection, the cash buyer typically handles and pays for inspections. While you’re not obligated to conduct one yourself, it can still be recommended as it helps you market the property better and get a better understanding of what the repairs needed would look like. Including a 7-10 day inspection contingency in your contract gives you the flexibility to back out if needed. To learn more about our strategies, check out our FREE training: www.realestateskills.com/training?el=htfooacfwr Happy Investing!

[@AhmedAhmed-i8k2j]

@@RealEstateSkills thank you so much

[@skylarweedreviewyessir5701]

THANK YOU

[@RealEstateSkills]

YOU'RE VERY WELCOME! :) Glad you enjoyed learning about the Assignment Contract. It's essential to know the ins & outs of this contract when it comes to wholesaling real estate! If you haven't yet, be sure to grab the Assignment Contract here: www.realestateskills.com/contracts-yto?el=htfooacfwr Cheers & Happy Wholesaling! P.S. Hit SUBSCRIBE if you want to be notified when our next vids come out on wholesaling & all things real estate!

[@Chris-el4wq]

Great video as always, what CRM do you guys use to keep track of this MLS deals from all the offers that are sent and any homes that come back to market from previous buyers the home was pending with?

[@RealEstateSkills]

Hey there Chris! We've been using Streak CRM for years to keep track of MLS deals and all of our contacts/notes. We love it because it directly integrates with GMail. You can check out Streak here: get.streak.com/RealEstate We either do a manual review to see if any properties that went pending with another offer come back on the market, or set up notifications for a specific property through your Local Multiple Listing Service (MLS), or set up notifications for a particular property on Redfin. Hope this points you in the right direction! If you got value from this video, please SUBSCRIBE so you know when the next one comes out! Cheers & Happy Wholesaling! 🏠👍

[@Chris-el4wq]

Thanks for the reply, this helps. 👍🏼

[@RealEstateSkills]

You're very welcome. Glad it helps! Cheers!

[@selenajackson1126]

I don’t see the link to download the assignment of contract

[@RealEstateSkills]

Hey Selena - Here's the link to download the Assignment Contract that's discussed in the video: www.realestateskills.com/contracts-yto?el=htfooacfwr :) Cheers!

[@selenajackson1126]

@@RealEstateSkills 🥰🥰🥰. Thank you. You guys rock!!!!

[@RealEstateSkills]

You're very welcome! You rock!

[@Realtor_Ryan_Hodzic]

wheres the video that goes over the line by line situation?

[@RealEstateSkills]

Hey Ryan! Here's our video that goes over our wholesale real estate contract & the assignment contract line by line: kzbin.info/www/bejne/m3Own6eIj96pnpo Hope you enjoy it! Cheers & Happy Wholesaling!

[@CamerieriZeppoleMix]

die hard follower great job

[@RealEstateSkills]

Hey thanks for the love! Much appreciated! Be sure to grab the Assignment of Contract here, if you haven't yet: www.realestateskills.com/contracts-yto?el=htfooacfwr Cheers & Happy Wholesaling! 🏠

[@ricardos5899]

What are two options to hide my assignment fee without using double clothes I don’t mind if he knows after he signs the assignment agreement

[@RealEstateSkills]

Hi Ricardo! Great question! Here are two options to minimize visibility of your assignment fee without a double close: Blind HUD: Ask the title company to prepare a Blind HUD, so the buyer won't see the fee breakdown until closing after the assignment contract is signed. Escrow-Only Disclosure: Structure the assignment fee as part of the closing costs, disclosed only to the escrow company and shown to the buyer in the final settlement statement. These methods help manage when the fee is revealed, usually after signing. Hope this helps!🏡

[@radioguy801]

​@RealEstateSkills do you encounter buyers who have an issue with your fee? If they're buying then I'm assuming they feel it's a great deal for them, no?

[@thelifeofafox]

222nd like, 4,205th view

[@RealEstateSkills]

Thanks! If you also want to learn how to wholesale real estate using our methods, you my attend our FREE training! www.realestateskills.com/training?el=htfooacfwr Happy Wholesaling!