To wholesale real estate in Alberta: build a buyer list, market to motivated sellers, analyze ARV minus repairs minus buyer profit minus your fee, secure a purchase contract with an assignment clause, then assign to a vetted end buyer at closing. RECA disclosure and lawyer-reviewed contracts are essential.
What are the steps to wholesale a property in Alberta?
The workflow is consistent across Calgary, Edmonton, and secondary Alberta cities — only the comp sources and buyer appetite change.
How do you calculate max offer?
ARV × 0.70 (or your buyer's rule) minus estimated repairs minus your assignment fee minus closing costs. Never exceed what your buyer list will actually fund.
What contract clauses matter?
Assignment rights, inspection period, earnest money terms, and seller disclosure of known defects. Use Alberta-specific templates reviewed by counsel.
What is the step-by-step workflow?
- Build buyer list: Collect buy boxes from 20+ active Alberta investors.
- Source leads: Direct mail, driving for dollars, FSBO, probate, and agent referrals.
- Analyze deal: Run comps, estimate rehab, confirm ARV with conservative assumptions.
- Lock contract: Execute purchase agreement with assignment language.
- Assign: Match to buyer buy box, collect assignment fee at lawyer-led closing.