Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 2 years ago,

User Stats

8
Posts
3
Votes
Alicia England
3
Votes |
8
Posts

First deal assigned to end buyer, now what

Alicia England
Posted

I've posted before, but that deal fell through. I've gotten another deal under contract a multi-family residence (4bed 3 bath duplex) Seller agreed on a purchase price of 110k and I've assigned it to my end buyer for 120k with my assignment fee being 10k. I am so confused on what happens now. Can someone explain to me what happens between now and closing? My end buyer wants to take a look at the property and is setting up a time with the seller to do so. I feel like I made a mistake allowing the  end buyer to be in direct contact with seller but he had requested to be put in contact with seller after he signed the assignment contract. Do I do anything else on my end or do I wait until closing date and then collect my assignment fee? Thanks for your help.

Loading replies...