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In this video, Scotty from Ogden Built discusses the basics of construction contracts, emphasizing their importance for contractors in the industry. He explains the necessity of having agreements to prevent misunderstandings about costs and extra charges after a job is completed. Scotty shares his initial hesitance in writing contracts due to concerns about being trapped in unprofitable deals. However, he highlights the positive outcome of creating a detailed agreement that encompassed all essential steps and considerations. This thorough approach satisfied both the owner and himself, ensuring he was compensated fairly for his work.
