Put Distressed Properties Under Contract; Assign The Contract To Cash Buyer; Close Deal And Collect Assignment Fee; Double Close Or Wholetail When Necessary. I'd recommend checking out the BP Wholesaling calculator as it works wonders when pitching a property to another investor!This is a legally binding Real Estate Purchase Contract ("REPC"). Utah law requires real estate licensees to use this form. Assigning the contract is the cornerstone of wholesale real estate. Learn how to thoroughly understand and articulate each line of the contract so that you can fill them out and use them in your transactions with confidence.