Real estate wholesaling in North Carolina consists of an investor, known as the wholesaler, agreeing to acquire the rights to purchase a property. 1) Please print or type all information.2) Complete a Distribution Agreement Filing Form for each brand and NC wholesaler designated to carry that brand. If you are doing a double close, you can't use an assignment contract. So, you'll need a purchase and sale agreement (such as the 2-T). Learn how to wholesale real estate in North Carolina: 1. Assigning the contract involves transferring your equitable interest in the property to the end buyer, who will then complete the purchase. North Carolina Department of Revenue PO Box 25000. 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. FORM ONLY per application and submit the completed form with pages 1-3 as indicated in the instructions.