I am starting an investment company

[Alyssa Mallot]

I am going to be a wholesaler.. My company will connect buyers and sellers via contract assignment. When it comes to an assignment fee. What is the best way to approach how I will determin my assignment fee? A percentage rate? If so what would be the average here in Houston and Pearland Texas? I am also looking for the right contract forms to use, and contingencies.

[Sam Craven]

Alyssa, welcome to BP.

Use the trec forms.

Let the deal dictate your fee.  Make sure your end buyer makes good money.

There is no need to double close. Ask for a blind HUD from the title company. This will keep the seller from seeing your fee if that's important to you, it will not keep the buyer from seeing your fee. We have had some pretty fat wholesales and a good buyer won't care as long as you are leaving lots of meat on the bone for them as well.