Real Estate Education
Why I Created ‘Wholesaling & Assignments in Texas: What REALTORS Must Know’
Education should do more than help us renew a license. It should help us protect the people who trust us.
I recently shared a news report involving a former Dallas real estate franchisee and an investment-fraud scheme. When a fellow real estate educator shared the story, I mentioned the course I had already created: Wholesaling & Assignments in Texas: What REALTORS Must Know.
That conversation reminded me that creating useful education is only part of the work. I also need to make sure the people who could benefit from it know it exists.
As an attorney, real estate broker, and educator, I want agents equipped to ask better questions and help their communities make informed decisions. That is the purpose behind this course.
What the news report actually establishes
According to the U.S. Attorney’s Office for the Northern District of Texas, Charles Carrier was sentenced on September 23, 2026, to 188 months in federal prison and ordered to pay approximately $24.4 million in restitution. He had pleaded guilty to wire fraud. The government described a scheme involving more than 80 investors. Read the Department of Justice announcement.
The announcement describes false assurances about property-secured investments, problems with promised deeds of trust, concealed encumbrances, and forged or unauthorized lien releases. Those are the specific concerns identified in the government’s account. FOX 4’s coverage brought the story into the conversation I shared.
That distinction matters. This was an investment-fraud case. It is not a basis for treating every wholesaler, investor, or franchise operator as dishonest, and I am not presenting it as a ruling on wholesaling generally.
Why education belongs in this conversation
My takeaway is not that every unfamiliar transaction should be feared. It is that a confident explanation should not end the questions.
Before accepting an explanation of a transaction, I want professionals to ask what is actually being offered, who is acting in which role, and what the documents support. I want the conversation to include the difference between a promise and something that has been independently checked.
That is also why the distinction between an assignment, a property purchase, and an investment deserves careful attention. Calling something a “deal” does not tell us enough about its structure, the parties’ responsibilities, or the questions that need further review.
I created this course to help move that conversation beyond the headline and into professional education.
Better questions are a practical starting point
Here are three questions I would bring to an educational conversation about a proposed transaction:
- What is being offered? Ask whether the proposal concerns ownership of property, rights under a contract, or an investment, rather than assuming those are interchangeable.
- What supports the explanation? Identify the relevant documents and the independent review needed to understand them.
- Who needs to be involved before moving forward? Consider whether the questions call for a broker, an attorney, a title professional, or another qualified adviser.
These are conversation starters, not a substitute for transaction-specific advice or a complete due-diligence checklist. The goal is not to turn every agent into an attorney. It is to make room for informed questions and appropriate professional judgment.
For Brokers, Associations & Education Coordinators
Bring this course to your organization.
Wholesaling & Assignments in Texas: What REALTORS Must Know
Texas REALTORS® CE course 39105-RECE
Contact me to discuss bringing this course to your agents. Include your organization, preferred dates, and audience size so we can discuss an appropriate offering.
Inquire about hosting this courseThe speaking inquiry opens with this course already included. Dates, fees, delivery format, education provider, and CE credit arrangements will be confirmed for the specific offering. This article is not a course registration or an award of CE credit.