Assignment Contract Help!!!

[Brandon Paisley]

So heres the million dollar question that just keeps coming up
Which Assignment contract do you use?
Im looking for examples of assignment contracts that real people use on a daily basis. I have a contract being written up by a Real Estate attorney but its 10 pages long and I'm not sure this guy understand wholesaling.
I also have a 2 page contract supplied by Freedomsoft, obviously its generic but it is 50 state legal supposedly.
Everyone that wholesales says to use a 2-3 page contract and thats it... Well clearly an attorney is going to put every clause, rule and regulation as possible in a contract to protect his client. I just can't get over the fact that everywhere I look they say to use a 2 page assignment contract. Now I already know that I need to add out clauses but can I really use a 2-3 page contract safely and is this the way it is supposed to be done. Can someone help me out here, I need some real answers please?!

[Ryan Webber]

I use a 1 pager, and I have for years. My assignment contract is like half a page.

This is definitely NOT the million dollar question. Its more like a $100 question or maybe a $500 question depending on how expensive your attorney is.

Its not a "supposed to" question, either. Its whatever you prefer. I prefer a 1 page contract because its simple to read, understand, and sign. When a seller doesn't understand the contract, they don't want to sign it. I want them to understand it and feel comfortable signing it without wanting to talk to an attorney or to an uncle. My 1 page contract does that. It does not cover all the bases, obviously, but it does cover all the important ones.

Some people prefer the 6-10 page real estate commission issued contracts because its more official and addresses every possible thing that might ever happen.

There is a wholesaler here on BP who doesn't even use contracts. He just sends out escrow instructions.

Figure out what works for you and do it. The real million dollar question is how are you going to find a hundred deals to use that contract on?