Can wholesaling be done while in ESCROW ?

[Pandu Chimata]

We are on a escrow for a flip opportunity and it's two weeks away to close.  My partner and I are now also exploring thoughts to do a wholesale if we make some quick profit instead of going through the whole renovation. But we are not sure - does this even possible ?

1. Is it possible to sell the property to others while we are on Escrow for some profit ? This property is in CA.

2.  If we go by the above route, what is the guarantee that the flipper (our potential buyer) can directly approach the current property owner/buyer listing agent to buy it directly from them instead of buying from us ? It means they will be breaking the current contract with us. 

3. Should we simply close the sale and sell it again to the new buyer ? this involves two closings and we want to avoid two closing processes, if we can. 

Any thoughts or Any ideas ? we are confused about the process.