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In this video, Scotty from Ogden Built discusses the basics of construction contracts for contractors in the industry. He emphasizes the necessity of having contracts and agreements in place to avoid unexpected costs at the end of a job. Scotty shares his initial hesitations about writing contracts due to concerns about being locked into unfavorable terms. However, by creating a detailed agreement that outlined every step and expense, he was able to satisfy both the property owner and himself, ensuring he was compensated fairly for his work. The tutorial aims to guide contractors on what to include in their contracts to avoid misunderstandings and ensure transparency.
