What agreements to use when wholesaling


Does any one here use Realtor association contracts to wholesale?

It probably depends on your Realtor association. My association spells out that the contracts are assignable. So yes, you can use them. The problem is there is so much legal stuff (8 pages) worth, it’s really too much. The other problem is they are written for realtors to be involved. If there are not two realtors involved it’s awkward to fill out. I suggest using a much simpler 1 or 2 page document.

I have wholesaled many homes just using the traditional realtor forms plus my assignment contract. Traditional forms are fine if you understand them and eventually you will need to if you intend on making offers on realtor held homes.