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Hey everyone. This is Stan Gendlin with Real Estate Skills. In this video, were going to be talking about the assignment of contract, or what is also known as wholesaling. If you like this video, like, subscribe, comment what else you want to learn about, and check out the link in the description to get our free resource about assigning contracts. Before we get into this video, we have to say, laws and regulations in every city, county, and state can be different, so make sure you understand what the laws are in your area before you start assigning any contracts. So first, lets talk about what is an assignment of contract. In this situation, were talking about putting a property under contract with a seller, and assigning your rights to that contract to somebody else for a higher price, or a set fee. An example of that would be you finding a seller who wants to sell a house for $100,000 and signing a purchase agreement with that person. You then would f