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In this video, Scotty from Ogden Built discusses construction contract basics vital for contractors in the industry. He emphasizes the necessity of having clear agreements to prevent misunderstandings and unexpected costs. Scotty shares his experience of initially being hesitant to write contracts due to concerns over potential financial traps. However, by creating a detailed agreement that outlined every step and expectation, both he and the project owner were satisfied with the outcome. This approach not only helped avoid a list of extra charges at the end of the job but also ensured he was compensated for all work completed.
