Assignment/double closing profit disclosure

[Jose Falconett]

In what contract situation will the private seller and investor-end buyer know what a wholesalers profit will be during the closing period of a deal?

I ask because I would not want to piss of a financially distressed seller or an end buyer when they find out during closing that I am making any significant amount of money by wholesale brokering a deal...even though it is a crucial role in the deal. 

Certainly a double closing will not disclose profit, just create 2 closing costs, but will an assignment of contract show the old seller and new buyer on any documents: like a final statement. I need to know how to roll the dice and make the transaction smooth as a baby bottom. thanks

[Mike Flora]

I believe the seller can see in the closing statement your assignment fee. Don't quote me on that and maybe some title/escrow companies might keep that off the closing statement to the seller, not sure what the law states on that, but the seller agreed to a deal with you and you fulfilled it with him/her. If they have anything to say about it you state that, whoever your buyer is, he/she is your business partner and you guys move money around with each other to do business on properties all the time. Make sure your contract the seller sign states that the contract is assignable.