Posted by Stacy (AZ) on March 14, 2000 at 24:00:34:
Help me to understand. You say if the buyer is offered a better deal, he could go for it, even though it’s unethical. Then you said the assignment contract is between you and the assignee. But, the buyer IS the assignee, and before he signs the assignment agreement, he will read the sales contract and know what the original purchase price is anyway. No one is going to agree to have a contract assigned to them without knowing what they are agreeing to. Some time before closing, the buyer is going to have to know what’s in the contract, including the original price. Are you suggesting a way around letting him know the your sales price when doing an assignment?
Or is it the realtor you are concerned with? A realtor would risk his license to get his buyer a lesser selling price and himself a smaller commission?
Maybe I’m not reading your post correctly. How were you burned by realtors in the past?