Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Updated over 5 years ago on . Most recent reply
Assignment of Contract vs. Consulting Agreement
Can someone tell me what is the difference between an assignment of contract and a consulting agreement as it relates to wholesaling. I have a potential deal lined up and it was my understanding that I was to just assign the options contract between me (the wholesaler) and the seller to an investor. Now I'm being told that I need to do a consulting agreement between me and the investor. HELP!
Most Popular Reply
In most states you need a realestate license to earn a consulting fee. Stick to assigning contracts.