Quickest way to get escrow instructions out to seller on a wholesale deal

[William Klawitter]

I've been wholesaling for a bit now, and my current process is:

1. Get purchase contract signed by seller

2. Find new buyer, assign contract & get their EMD in escrow

3. Escrow instructions then go out to the seller with the new buyer's name

I've noticed that the lag time caused by item 2 (usually a week or more) causes some sellers to get antsy (I suspect I lost a decent sized deal recently because of this).

Basically, I'm looking for a quicker way to get escrow instructions signed by the seller (i.e. right after I get the purchase contract back signed); I feel like this will make everything "official" in the seller's mind & put them at ease. Is this possible, considering I'm not actually going to be the end buyer? I'd be sending out instructions before I actually have a buyer- so who would show as the buyer on the instructions?

[Jay Hinrichs]

@William Klawitter

  transactional funding is what you want... do you tell them up front your just flipping the property with no intention of purchasing... if you are then they should not be spooked right?