How a Real Estate Business Hired a Lawyer to Draft a Wholesaler Agreement in Texas

In 2023, a business in Texas sought assistance with drafting a wholesaler agreement tailored to the real estate industry. The client, an investor and real estate agent, needed a document that clearly stipulates the seller's consent to enter into a sales contract that could be assigned to another buyer, with specific provisions regarding termination rights and hold harmless clauses. Additionally, the document was required to comply with Texas Real Estate Commission regulations, underscoring the importance of comprehensive legal accuracy. As a result, the client received two proposals from licensed lawyers, with flat fee bids ranging from $600 to $1,000, all submitted to meet the client's deadline of less than one week.