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

Author
Real Estate Skills
Published
Fri 05 Sep 2025
Episode Link
http://sites.libsyn.com/580335/how-to-fill-out-an-assignment-contract-for-wholesaling-real-estate

Learn EXACTLY How To Fill Out An Assignment Contract For Wholesaling Real Estate! Join Alex Martinez and Ryan Zomorodi, the founders of RealEstateSkills.com, as they walk you through the essential steps for completing an assignment contract in real estate.

 

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🚀 Download Your FREE Assignment Contract Here: 

➡️ https://www.realestateskills.com/contracts-yto?el=pod 

 

In this video, you'll learn what an assignment contract is, how to use it effectively in wholesaling real estate, and why it's the preferred method for transferring property rights among investors.

 

What You'll Learn In This Video:

 

What is an Assignment of Contract in Real Estate?

Understand the basics of an assignment of contract and how it allows you to transfer the rights and obligations of a property purchase agreement from one buyer (assignor) to another (assignee) without buying the property yourself.

 

Step-by-Step Guide on Filling Out an Assignment Contract:

  • Defining the assignor (original buyer) and assignee (new buyer)
  • Specifying the property details
  • Setting the assignment fee and optional non-refundable deposit
  • Finalizing the contract with proper signatures and closing dates

 

Why Use an Assignment Contract in Real Estate Wholesaling?

Discover why assigning a contract is the quickest, simplest, and most cost-effective way to wholesale houses.

 

Learn about the benefits of using a proven real estate assignment contract versus creating your own or using a random one found online.

 

Alex and Ryan address frequently asked questions, including:

- What happens if the end buyer backs out of the assignment?

- How to protect your assignment fee and earnest money

- The differences between assignment of contract, double closing, and LLC assignments

 

Proven Tips for Successful Real Estate Assignments

Learn how to mitigate risks, ensure smooth transactions, and maximize profits by working with reputable cash buyers and using clear, concise contracts.

 

Why Choose Our Assignment Contract?

Our assignment contract is a one-page, foolproof document designed to protect both parties involved in a real estate transaction. It's been tested and proven in multiple markets and is widely accepted by title companies and escrow agents across the country. Whether you're a new wholesaler or an experienced investor, our contract simplifies the process and helps you secure your assignment fee with confidence.

 

📥 Download Now and Start Wholesaling Like a Pro:

➡️ https://www.realestateskills.com/contracts-yto?el=pod 

 

For more on the assignment of contract, read our blog articles, here: 

https://www.realestateskills.com/blog/assignment-of-contract 

https://www.realestateskills.com/blog/wholesale-real-estate-contract 

 

TIMESTAMPS:

0:00 - Introduction to Assignment Contracts

0:36 - What is an Assignment Contract?

0:54 - Basics of Real Estate Purchase and Sale Agreement

1:46 - Importance of a Fully Executed Purchase Agreement

2:06 - Definition and Benefits of an Assignment Agreement

2:48 - The Assignment Fee and How Wholesalers Make Money

4:11 - Why Use Assignment Contracts in Wholesaling?

6:10 - Different Methods of Wholesaling and Their Tax Implications

7:23 - Importance of Using a Proven Assignment Agreement

10:05 - How to Fill Out an Assignment Contract

16:01 - Turning Assignment Contracts into Wholesale Checks

16:30 - Common Questions from the Community

17:04 - What Happens if the Buyer Defaults After Assignment?

21:54 - Specific Performance and Buyer Default Risks

23:57 - Importance of Understanding Contracts and Mitigating Risk

24:56 - Building Trust with Cash Buyers to Mitigate Risks

27:24 - How to Get the Assignment Contract Signed

29:04 - Assigning Contracts When Realtors are Involved

30:20 - On-Market vs. Off-Market Assignable Contracts

34:22 - Negotiating and Amending Contracts for Assignments

35:54 - Do You Add Closing Costs to the Assignment Price?

39:03 - Conclusion and Additional Resources

 

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📝 Disclaimer:

This video is not personalized financial or legal advice for the viewer.

 

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