Here's EXACTLY how to use and fill out an Assignment of Contract for Wholesaling Real Estate!

Want to make $10K to $20K+ on wholesale real estate deals—without ever buying the property or using your own money? You need an assignment contract.

In this video, Ryan Zomorodi, Co-Founder of Real Estate Skills, breaks down the exact assignment contract we use to wholesale houses across the U.S. You'll learn what it is, how it works, how to fill it out line by line, and how to use it to get paid at closing.

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📚 Download our FREE ASSIGNMENT OF CONTRACT for wholesaling real estate here:

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*Before diving into the assignment contract, it's crucial to understand the legal landscape of your local area. Laws and regulations vary, so ensure you're well-versed before proceeding.

🔑 What You'll Learn in This Video:

✅What is an Assignment of Contract in Real Estate? Learn how assignment contracts work and why they're the foundation of wholesaling real estate.

✅How to Fill Out an Assignment Contract (Line by Line): Follow along as we walk through each section of the assignment form—from identifying the parties to setting your assignment fee and including a non-refundable deposit.

✅How to Get Paid Your Assignment Fee at Closing: Discover how to structure your fee so it shows up on the HUD statement and gets wired to you directly from the title company.

✅The Role of the Non-Refundable Deposit: Use this to protect your interests in case your buyer backs out.

✅Legal Protections Built Into the Contract: Indemnification clauses, default rights, and closing timelines that keep you in control of the deal.

TIMESTAMPS:

0:00 - How One Assignment Contract Made $18,000

1:27 - What Is An Assignment Of Contract In Real Estate?

2:03 - Assignment Contract Line-by-Line Breakdown

4:44 - How to Fill Out the Assignment Fee Section

6:14 - Using a Non-Refundable Deposit for Protection

12:35 - How Assignment Works For Wholesale Real Estate

13:55 - Steps to Assign a Contract from Start to Finish

16:41 - Benefits of Assignment of Contract

18:42 - Assignment of Contract vs. Double Closing

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📝 Disclaimer:

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