Wholesaling - Steps to perform

[Alexander Timberlake]

Hello,

I am currently executing my first wholesale deal.

I have a property under contract that I am trying to wholesale. I have identified the buyer and I have a verbal agreement to assign the rights of the contract to him.

Questions:

1. What steps are left in the wholesaling process? (What do I have to do? What does the buyer have to do?) 

2. When do I collect the assignment fee?

3. Do I need to bring any money to closing?