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In the old days, a handshake sealed a real estate deal, but now contracts are necessary. Even with a contract, a seller may cut you out and sell to someone else. However, there is a way to prevent this. This video discusses wholesaling houses and four steps to ensure buyers and sellers do not cut you out of the deal. Wholesalers experience special moments when signing contracts with motivated sellers and cash buyers, with the best moment being when the deal closes and you receive a substantial check.
