Basic Wholesaling Proceedure

[Seph Gordon]

Newbie here!
I am in the process of getting started in wholesaling and Lease Option.
So I saw a house and approached the seller and offer him X dollars for the house. He accepted. I gave him a contract, He signed. I go out and find an Investor and assign the contract for X dollars. How do I get paid by the investor?
Do I need to do anything else?
Is this process correct?