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Scotty from Ogden Built discusses the basics of construction contracts in this tutorial. He emphasizes the necessity of having contracts and agreements in place for contractors in the construction industry. Scotty shares his initial hesitance to write contracts due to concerns about being trapped into unfavorable terms but eventually recognized their importance. He created a detailed agreement to avoid unexpected costs at the end of a project, satisfying both the builder and himself. By including every detail and allowing for costs in his contract, he ensured the owner was pleased with the final outcome, and he received fair compensation for his work.
