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In this tutorial, the presenter demonstrates how to edit a contract using Zip Forms. To make changes, first navigate to the transaction and click on "Documents." If the desired document isn't already there, you can add it by selecting "Add Document." For editing, the tutorial focuses on a previously signed contract where a client has requested a "highest and best" offer. It explains how to locate the signed contract and proceed with edits without requiring the client to sign again. The presenter then shows how to rename the packet to "Highest and Best Offer Sierra Ridge," select the client, and prepare to make changes without needing additional signatures or initials.