Joint Venture Partner Co-Wholesaler Agreement
Dear Joint Venture Partner,
Please read the following paragraph and submission rules before signing:
We are excited to partner with you to help sell your property. We will market this property to our HUGE list of Thousands of Hungry Cash Buyers! We will take care of the showing of the property, obtaining the Purchase Contracts and Earnest Deposits from our Buyers. All Net Profits will be split 50/50. Please remove any online advertising to avoid confusion from our buyers when they “Google” the property address. We will be doing a ton of advertising that will drive tons of buyers to your property through our aggressive online advertising, email blasts, and text message blasts to our community of Cash Buyers. This agreement is exclusive and we will not enter into an option/CO-WHOLESALE agreement if other wholesalers or investors are marketing the same property. We have a very strong reputation and want our buyers to continue to trust us. Sometimes buyers find out about the property from our marketing efforts but may contact you directly. We expect all of our Joint Venture partners to go into this transaction with honesty and integrity. That is why if any buyer is found through either of our efforts the profits are split 50/50.
We will begin marketing your property within 24-48 hours once we have received all of the above requested items.
This Co-Wholesale Agreement (“Agreement”) is made by and between Wildcard Investments LLC, (“Assignee”) and (“Assignor”). WHEREAS, Assignor, as Buyer, has entered into an agreement for purchase of certain real property (“Purchase Contract”) located at (“Property”). All terms not otherwise defined herein shall have the meaning(s) ascribed thereto in the Purchase Contract. WHEREAS, Assignor desires to assign all rights and interests in said Purchase Contract to Assignee and Assignee desires to purchase all interests, rights and obligations in the Purchase Contract.
Assignor and Assignee hereby agree, covenant and stipulate as follows:
Received from: Wildcard Investments, LLC, the buyer, the sum of $10.00 (Ten Dollars)
Shown by Cash, Cashier’s Check, Personal Check, or
Payable to (seller) to be held uncashed until this option is accepted as deposit.
Toward the price of: (Property address)
1) Property: Seller hereby gives and grants to buyer and\or assignees for a period of 30 Business days from the date hereof, the exclusive right and privilege of purchasing the following described real property located at: Property Address:
2) Seller Agrees to a 50/50 split of proceeds over and above sales price with Wildcard Investments, LLC
This is a legal and binding contract and has been thoroughly reviewed by both parties.
ASSIGNEE: Wild Card Investments, LLC
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Your legal name
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Document Name: Joint Venture Partner Co-Wholesaler Agreement
Agree & Sign