Last updated: July 10, 2026
This page explains how the money side of a Round works — the seller fee, the buyer deposit, what happens on a default, and how disputes are resolved. It's written for information only and doesn't replace our Terms of Service, which govern in the event of any conflict.
A Round is a time-boxed offer window on a single property. A seller (a wholesaler) opens a Round on their listing; qualified buyers place competing offers during the window; when it closes, the seller sees the ranked offers and decides how to proceed. AssignSuite organizes offers only — the seller retains full discretion to accept, reject, or counter any offer.
AssignSuite organizes offers only and is not a licensed auctioneer. A Round is a structured way to collect offers, not a public auction. The seller is solely responsible for conducting their sale in compliance with the laws and regulations of their state, including any wholesaling, disclosure, and contract-assignment requirements. We are a technology platform — not a real estate broker, agent, or financial advisor.
When a seller opens a Round we place a temporary $99 authorization hold on their card. The $99 platform fee is only actually charged if the Round meets the seller's reserve price and a winning offer is selected. If the reserve isn't met, the Round closes free and the hold is released — the seller owes nothing. In short, you only pay the $99 when a deal actually sells at or above your reserve.
First Round on us: an organization's very first successful Round has the $99 fee waived automatically.
To place offers in a Round, a buyer authorizes a refundable $250 hold on their card. It is a hold, not a charge — it keeps non-serious participants and daisy-chainers out of the room. The $250 is released, and $0 is charged, in every case except one: a buyer who is selected as the winner and then fails to proceed in good faith.
If a selected buyer doesn't proceed, the seller can report a no-show. The buyer is notified and has 5 days to either confirm or contest it:
When a buyer's $250 is forfeited through no fault of the seller, the seller's $99 platform fee for that Round is automatically refunded — the deal died on the buyer's side, so the seller shouldn't pay for it.
If a buyer contests a no-show report, AssignSuite reviews the facts from both sides and makes a determination. If we find the default stands, the $250 is collected and paid to the seller. If we find in the buyer's favor, the hold is released and nothing is charged. If a contested dispute isn't resolved within 7 days, it auto-resolves in the buyer's favor and the hold is released. Our determination is final as between the parties on the platform; it does not limit any legal rights you may have outside of it.
The $250 buyer deposit is a hold and is released automatically in every case except a confirmed winner default, as described above. The $99 seller fee is only charged on a successful, reserve-met sale, and is refunded automatically when a buyer's deposit is forfeited. Card holds that are released can take several business days to disappear from your statement depending on your bank; refunds of collected amounts typically post within 5–10 business days. Subscription plan fees are handled separately through your billing settings.
No. AssignSuite does not guarantee that any Round will result in a sale, that a reserve will be met, or that a buyer and seller will reach or complete an agreement. Sellers set their own reserve and retain full discretion over their sale; buyers are responsible for their own due diligence. AssignSuite provides the tools and the structured offer process, not the outcome.
Email us at support@assignsuite.com.
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