I'm going to be showing you guys how to fill out a trek contract whenever you're wholesaling. Option to Purchase Contract signed with seller and wholesaler 2.Exhibit A -a page with the legal description of the property 3. In the state of Texas, you can wholesale properties using the TREC 1-4 Contract. Here is a video sharing what I have done before. 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. Wholesaling is the term for getting a property under contract and then selling that contract to a real estate investor who typically does fix-up work. My ultimate purchase and sale agreement designed exclusively for wholesalers and break it down for you. A Texas real estate contract is a comprehensive and legally binding document that formalizes the terms and conditions of a property transaction. Real estate wholesaling involves buying a property, then quickly selling it to another buyer without making any significant improvements or repairs.