Options vs Assignment Wholesale

[Dominic Obakpolor]

Hi everyone! I've been reading a lot of real estate books, but I guess I'm having a hard time understanding the difference between the two? Options gives me the "right" but not the "obligation" to purchase the home. Whereas with Assignment, I'm legally obligated to find someone to purchase the home (provided contingencies are met)? Who decides what the Options fee is? If options is less liability, why doesn't everyone just do options? Any educational resources on this topic would be very helpful.