Assignment vs Wholesale

Hi All, new to the game. Can you tell me what is the difference is between an assignment and wholesaling ? My under standing is that an assignment is when you assign the contract giving the new buyer rights to buying the property and a fee should be paid at the time of signing the contract. Wholesaling in my mind that is going to a double closing where i would buy the property first then at the 2nd closing sell it to the end buyer. Am I correct or are they one in the same and i would have to go to closing either way?

Thanks in advance

Wayne

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