I'm working on a deal right now, a FSBO that I'm looking to assign. I have an interested retail buyer. I plan to go look at the house with the owner in the next couple days. Connie, the owner, is looking to get at least $250K for her house. It needs ~$40K in repairs and the ARV is about $350K. The buyer knows all this, but I haven't brought up to him yet about my assignment fee.
My question is, if I get the house under contract with Connie and then let the buyers (Randi and Chris) see the house, couldn't they just wait out my contract with Connie and then just leave me and my assignment fee out of the deal?
"He who is mighty has done great things for me...He has...exalted those of humble estate; he has filled the hungry with good things..." Matt. 1:49-53