need some advice

[Chris Jones]

hello everyone

when it comes to wholesaling i was always under the impression that there were always three parties involved in a deal (seller, wholesaler, and the rehabber/end buyer)

but recently i heard of this wholesaler who helps other wholesalers sell their contracts and etc (i guess because of his huge buyers list). so its like the first wholesaler who has the contract is representing the homeowner, were the second wholesaler is representing the end buyer that he brings to the table.

so my question is what kind of contract do both of the wholesalers go into. now i heard the second wholesaler can get paid in two ways: 1- the second wholesaler gets a portion of the first wholesalers assignment fee at closing whatever they negotiate (for bring the buyer) 2- the second wholesaler can actually be added on the closing documents as either another assignment fee or consultant fee, so he can be paid straight from the closing agent and not just from the first wholesalers assignment proceeds.

so if anyone knows about this and has the contract that both wholesalers would agree to, can you please provide it to me-------------""also the second wholesaler only gets paid period if one of his buyers buys the subject property, now if the first wholesaler finds his own buyer of once he doesn't have to share that with the second wholesaler""

because i know there has to be a contract, because if not once the second wholesaler bought to the table his end buyer and the transaction closes, the first wholesaler could take their assignment fee and run