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In a discussion about job pricing in construction, Joe reflects on the common experience of underbidding jobs and learning from those instances. He notes that having a solid contract is crucial for protecting both the contractor and the customer. He emphasizes that new contractors may overlook unforeseen circumstances that can increase costs, often leading to misunderstandings. It's important for contracts to include provisions for unexpected issues, such as discovering rot, ensuring that both parties are aware that additional costs may arise. Joe stresses that many customers may not realize the complexities involved and may try to take advantage of contractors if these terms are not clearly laid out.