For wholesalers
Track EMDs and assignment fees without losing your mind
High deal velocity, money constantly in motion, and a bank feed that looks like chaos. We track every EMD and every assignment fee against its deal, so you know the real margin on each contract.
Assignment fees by deal
closed contracts| 1620 Sycamore. Assigned | $14,500 |
|---|---|
| 44 Delano Hwy. Assigned | $9,000 |
| Parcel 081-220. Double close | $21,300 |
| EMDs deployed (3 active) | $15,000 |
| Deal costs (marketing, title) | −$7,240 |
| Net wholesale margin | $37,560 |
Sound familiar?
- EMDs scattered across title companies with no master list
- Assignment fees recognized whenever the wire happens to land
- Marketing spend blended across deals. No idea what a contract really costs you
- Wires in, wires out, and a bank feed nobody has reconciled since Q3
How we run wholesale books
- EMD tracking in and out, per deal. Deployed capital visible at a glance
- Assignment fee revenue by deal, recognized at close
- Deal-level cost tracking. Marketing, title, and holding costs land on their contract
- Every account reconciled monthly, by the 10th
- Tax-ready year-end package straight to your CPA
Wholesale bookkeeping questions
How should EMDs be tracked?
Earnest money deposits are assets in motion, not expenses. We track every EMD out and back per deal, so nothing silently dies in a title company’s escrow and your balance sheet always shows what’s deployed.
When is an assignment fee revenue?
When the assignment closes. Recognized per deal and tied to the contract. We keep a deal-level P&L, so you know your margin on a given contract instead of one monthly total.
I do some double closes too. Can you handle both?
Yes. Assignments, double closes, and the occasional flip or hold each get the correct treatment. That mix is exactly what pushes a wholesaler off a generic bookkeeper.
What does it cost?
Most active wholesalers fit Clean Books at $1,247/mo: one entity and 200 transactions a month included, each additional entity +$147/mo. Every price and upgrade is published on the pricing page.
Doing consistent deal volume?
Clean Books at $1,247/mo fits most active wholesalers. The diagnostic confirms it in 30 minutes.
Book a 30-minute diagnostic