Re: going rate for purchase of alarm accounts?

["Jim" <alarminex@xxxxxxx>]

Charlie wrote:
> Hmmm...I've been out of active work in the alarm business since around
> '94 (all these accounts are at least that old); how do I contact these
> brokers?
>
> The 1st offer I got was waaay less than what you mentioned so I figured
> it was worth asking here.
>
>
> I'm grateful for the help.
>
> Charlie
I would like to give you a warning.
Robert Bass likes any new comers to this group to think that he is an
authority on everything. I would suggest that you be wary of  his
seemingly helpful guise. In spite of the fact that he's built a large
web store, he does not install systems, has no affiliations or
association with the alarm installation trade, is unlicensed, only
sells parts and hasn't even touched an alarm part for 5 or more years,
much less know anything more about the installation trade, than what he
picks up here.  He has no warehouse and no actual store or business
from which he conducts business. He simply works from his home and has
all parts shipped from various vendors around the country. He used to
own a small alarm company and if he EVER got a 42 multiple on his
accounts, I'd suspect that he got it at gun point. You see, in addition
to his deplorable conduct here, he's a convicted felon for a gun crime
and is also responsible for someones death. By the way, if this weren't
true he would be able to sue me or at least deny it. He can do neither.

His reputation here is deplorable. If you would care to do a search you
will see that , he constantly ridicules and argues any point made by
anyone else or with anyone who would make other suggestions. His sole
purpose here is to sell equipment and tries to accomplish that by
ridiculing installation companies and acting with a pompous and
arrogant attitude.  If you take the time to peruse the postings in this
group, you will see that he has caused turmoil and disruption in this
group and a few other groups and has done so for years and years. 90%
of the flames that occur in this group are directed at or caused by
him.

There is not a participant in this group who doesn't help people who
come here seeking advice but they do not disparage the installation
trade or ridicule competitors out of shear arrogance and greedy self
interest, as Bass does.

Bob Worthy has given you some good an more realistic advice.