How a Business Hired a Lawyer to Draft a Wholesaler Agreement in North Carolina

In 2024, a business in North Carolina sought assistance in drafting a wholesaler agreement to facilitate real estate transactions. The client aimed to include specific provisions, such as coverage for closing costs, the right to back out of deals on both the buyer and seller ends, and an assignment clause allowing the contract to be transferred to another buyer if necessary. These requirements were essential to ensure flexibility and security in their dealings. As a result, the client received four proposals from licensed lawyers, with flat fee bids ranging from $500 to $1,495, all submitted to meet the client's requested deadline of less than one week.