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In the past, real estate transactions were sealed with a handshake, but now written contracts are necessary. However, even with a contract, there is a risk of the seller cutting you out of the deal. As a wholesaler, there are steps you can take to prevent this from happening. Jerry Norton discusses wholesaling houses and four key steps to ensure you are not cut out of the deal. The important moments in a wholesale deal include signing contracts with the seller and buyer, leading up to the satisfying moment of closing the deal and receiving a substantial payment.
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