Example Of Wholesale Contract In Phoenix

State:
Multi-State
City:
Phoenix
Control #:
US-0005BG
Format:
Word; 
Rich Text
Instant download

Description

A wholesaler is someone who buys large quantities of good and sells them to others for distribution, rather than selling directly to the ultimate consumers. Wholesalers are subject to various federal and state laws, depending on the type of goods they deal in. Wholesaling is the selling of merchandise to anyone - person or organization - other than the end consumer of that merchandise. Wholesalers represent one of the links in the chain along which most goods pass on their way to the marketplace. As intermediaries between producers and consumers of goods, wholesalers facilitate the transport, preparation of quantity, storage, and sale of articles ultimately destined for customers.
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  • Preview International Wholesale Agreement (Online Seller)
  • Preview International Wholesale Agreement (Online Seller)
  • Preview International Wholesale Agreement (Online Seller)
  • Preview International Wholesale Agreement (Online Seller)
  • Preview International Wholesale Agreement (Online Seller)

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FAQ

Here are the key elements to include in your wholesale contract template: Parties Involved: Names of the seller(s) and buyer(s), along with their signatures. Legal Description: Property description, street address, assessor parcel number (APN), and type of property.

For example, a wholesaler finds a motivated homeowner and gets a distressed property under contract for $200,000. Then, they market the property to their buyers list. A flipper sees potential and agrees to buy the home for $210,000.

Yes, wholesaling real estate is legal in Arizona as long as you follow the real estate laws of the state. As a wholesaler, you should be transparent about your role in the transaction. Remember, at no point should you act like a licensed real estate agent representing the seller or the buyer.

A contract has to be understandable for all parties and it should not be necessary to contact a lawyer in order to comprehend one's contracts. Generally, the contract should be precise, clear and stringent. Law has traditionally been associated with legalese - a very stiff and formal style.

Investors can unearth wholesale real estate deals that might not be readily visible to the general market by employing the following strategies: Driving for Dollars. Searching Public Records. Networking. Working with an Investor-Friendly Real Estate Agent. Finding a Wholesaling Partner. Using Online Real Estate Platforms.

The wholesaler contracts with the seller and structures the deal as a middleman. The buyer is buying the contract and, ultimately, the property.

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Example Of Wholesale Contract In Phoenix