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Updated over 3 years ago on . Most recent reply

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Christian Garcia
  • Dallas, TX
3
Votes |
39
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Wholesale Contracts

Christian Garcia
  • Dallas, TX
Posted

Where can i find a legit wholesale contract here in Texas , besides office depot  ? one where i wont get into trouble . 

Most Popular Reply

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Jerry Puckett
  • Wholesaler
  • Fort Worth, TX
1,717
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1,335
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Jerry Puckett
  • Wholesaler
  • Fort Worth, TX
Replied

@Christian Garcia @Justin Swenson

I'd recommend using the standard or promulgated contract rather than inventing or using some wholesaling contract you find off the internet. Nearly every State's contract has a section for special instructions to lay out terms, add extra documentation etc. For the TREC contract below, use paragraph 11.

Here is a link to the accepted TREC Contract for Texas: 

The "one pager" contract has its place, but I use the State contract 98% of the time because it offers excellent protection to both seller and buyer, is easy to fill out, and is what everyone is used to seeing. You mention getting in trouble....God forbid you should ever have to go before a judge, but if you do and your transaction was based off of anything other than the TREC whatever leg you had to stand on will evaporate.

You could certainly hire an attorney to draft one if you would like to go to the expense. But the contract TREC offers is standard, simple, easy and complies with all of the laws of the State. It only looks complicated. In truth, there are very few boxes to fill in and can be completed in a few minutes.

@Justin Swenson

Their is a "file place" on the site but it is harder to find than it used to be. I have linked it here for you. Same advice as above applies. I recommend you find your State's contract. 

  • Jerry Puckett
  • Loading replies...