Wholesale Real Estate Contract is a legally binding agreement between a seller and buyer, wherein the seller agrees to transfer the ownership of a certain piece of real estate in exchange for money from the buyer. This contract typically takes the form of an “As-Is” agreement, with no warranties from the seller. It’s important to note that the buyer must be identified beforehand and will usually provide a non-refundable deposit at the time of signing. As such, it’s essential that all parties understand the terms and conditions of the contract before entering into it. Ultimately, this type of contract can help investors purchase properties at below-market value prices while also allowing sellers to quickly offload their assets.