Wholesale Agreement Template For Marketing Agency In North Carolina
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FAQ
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.
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.
The Company hereby appoints the Agent as the Sales Agent for a period of Months commencing from the execution date of this Agreement (“Term”). The Parties may extend the Term for additional periods subject to the mutual agreement.
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.
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. In this type of agreement, the original seller sells the product to the wholesaler.