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Updated over 10 years ago,

User Stats

29
Posts
9
Votes
Matthew Santillanes
  • Specialist
  • Albuquerque, NM
9
Votes |
29
Posts

Assignment fee and assignment contract

Matthew Santillanes
  • Specialist
  • Albuquerque, NM
Posted

Hi,

I just got off the phone with Fidelity title here in Albuquerque, NM.  I asked them some advice on how a real estate wholesaler (something she's never heard of in 30 years) sets up an assignment fee on the assignment contract.  

The lady at Fidelity said that I can write and or assigns on the P&S but I cannot have a higher price on the Assignment Contract. So how do I get paid? Where is my assignment fee put in? Can somebody lay this out for me as if I was a child? Please

Thanks,

Matt

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