Co-Whole Selling With The Flex Option Agreement, How to Close it?

[Sage October McCoy]

Hello my name is Sage, I'm new to real estate and I recently  learned about the Option to Purchase Real Estate Contract/Agreement and I could definitely use some tips I've been digging and digging at this topic because I don't want to pay for the webinars that teach me how to do it. So why not do it myself! I've already built up somewhat of a buyers list and designed my own bandit signs My next step is to market for good deals i can possibly get under the contract. But even before I do that I want to be crystal clear about the most important thing, how will i get paid? So when All is said and done I get the Seller and the Buyer to sign. Will the buyer pay me on the spot will i be wired the money is there an attorney that has to be involved or a third party to finalize the contracts in anyway? 

[Dave Ramirez]

It depends on what you do with the Option. It's the paperwork after the option that really matters. It also depends on how long you want to hold the options for.