Wholesale contract question - "Vesting to be determined at close of escrow."

[Jerry Kisasonak]

I've heard investors are using the phrase "Vesting to be determined at close of escrow" on their wholesale contracts. The investor opens escrow and sells his/her buyer slot in the contract.

I'm looking for advice as to how to fill out a contract using this method. Does my company still go on paper as Buyer? Where exactly in the contract do I put "Vesting to be determined at close of escrow"? I was thinking of putting this under the Closing Company clause.

6. Closing Company & Location: Closing to be facilitated by and held at ABC Settlements. Vesting to be determinded at close of escrow.

Is this the best way to do it or is there another way? Thanks!