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Updated almost 2 years ago,
Wholesale Deal - Fixed Fee for Wholesaler - Contract Contingency
Hello BP! I'm curious if something like the following exists: a contract contingency that would essentially make the wholesale fee fixed. For example, say the seller and I signed for a purchase price of $50k to go to the seller, but if the assignor can assign the contract for anything over $60k, the excess would go to the seller on close. I know this sounds silly from an investor standpoint since as investors we are actively looking to make as much as possible. However, I'm dealing with a seller who I think would appreciate some goodwill in this fashion. If anyone has heard of or done anything like this before, I would appreciate any info!