Re: Value of monitoring Contracts?

["Bob Worthy" <securinc@xxxxxxxxxxxxx>]

"James" <trishnjames@xxxxxxxxxxx> wrote in message
news:ct6dnZ2dnZ3KHUf7nZ2dnT79j96dnZ2dRVn-052dnZ0@xxxxxxxxxxxxxx
> I know a small home automation dealer who wants to turn his customers over
> to me for monitoring.  I am wondering what a fair price is to pay him for
> these customers.  He usualy has me go and program the controls for him and
> set up the monitoring.  What is everyone else paying for these types of
> accounts?
>
> James

Is this guy a licensed security dealer in your area and does he have an
agreement with the client, for monitoring, or is he just turning a
perspective client over to you? In Florida for instance, if this person is
not a licensed security dealer, he should not be involved with contracts
period. If an agreement is in place and everything is on the up and up, it
depends on the terms of the agreement and how much time is left on the
agreement. Other agreement language also comes into play such as
cancellation clauses, renewal clauses, limited liability clauses,
assignability clauses etc. If there is no agreement in place as of yet, a
finder fee or commission is the only thing appropriate.

Bob W.