The sale of the contract must occur before the agreed upon closing date. With a contract assignment, the wholesaler never actually purchases the property.Wholesalers generally use an assignment of contract agreement that allows them to transfer the property's purchase contract to a buyer. My ultimate purchase and sale agreement designed exclusively for wholesalers and break it down for you. A wholesale real estate contract is a shortterm investment strategy where the wholesaler hopes to make their money within 30 days. A wholesale agreement is a contract that transfers the ownership of goods from an original seller to the buyer through an intermediary, called the wholesaler. I'm going to show you how to fill it all out so that you feel great submitting that to the sellers that you're working with. Learn how to wholesale real estate in California: 1. Wholesale contracts have two parts: a purchase agreement and an assignment contract. Question: Do you mean the contract you as the wholesaler would sign with the seller?