MLS deals: “and/or assigns” is killing your deals

Do not use any kind of assignment language when you’re wholesaling deals from the MLS. Can’t tell you how many times I’ve beat out other investors or wholesalers because their contract included that language and still got the deal assigned. Realtors freak out as soon as they see it on your contract. Instead write up a contract, proceed to lining up the buyer and when the time comes introduce an assignment addendum and have them sign that, boom you just moved the deal. I’ve done over 100 mls fixer wholesale deals and I’ve never once lost a deal because of introducing an assignment. There are many legitimate reasons why a buyer would need to take title with a different entity - taxes, project length, partnerships etc.