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In this video, Clint Coons discusses wholesaling in real estate, focusing on the differences between novation agreements and assignment of contracts. He explains that wholesalers enter into a purchase and sale agreement with sellers to secure a property under contract. The wholesaler then seeks an investor to take over the contract for a fee, allowing the investor to proceed with purchasing the property from the seller. Coons emphasizes the importance of the agreements made between the wholesaler and the seller, as well as between the wholesaler and the investor, as vital components in the wholesaling process. He shares his experiences with both methods.