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Scotty from Ogden Built discusses the importance of construction contract basics for contractors in the industry. He emphasizes the necessity of having contracts and agreements to avoid disputes over extras at the end of a job. Sharing his personal experience with a builder, he highlights the initial reluctance he felt about writing detailed agreements, fearing it might limit his profits. However, he found that creating a thorough contract allowed him to clarify every aspect of the job, which ultimately satisfied both the owner and himself, ensuring he was compensated for all included work. He aims to guide others in establishing effective contracts.
