I am having a home security installed since an affiliate of the company I work for extends their services and discounts to my company, even though we don’t do the same work as them. So, since I can’t really argue with “basically free,” I decided to do it.
I checked the price for non-affiliate employees and it’s over $1,000 for what I am having installed (but I am a tiny % of that after my discounts). Then I checked other companies, and the prices were comparable. Heck, when I was a kid, we had a system installed in the 80s and it was over $2400 for even less hardware than I am getting now.
Then I run across big name companies like ADT or Brinks and their install prices range from free-after-rebate to barely $300 or so. (My install is being done by a big name company, too, but not ADT, et al.)
So, how in the world can ADT and others be so cheap compared to other companies? How can ADT charge $99 while the company I am with normally charges over $1000 for what looks like the same thing? Is ADT like the "Wal-Mart" of home security systems, “everybody has one,” and people know their name?
Granted, the panel I am getting can be operated from where I work, we can have cameras installed online, etc, but I assume ADT and others do, too. The only thing I can think of is that ADT and others get you by making you sign 2-3+ year monitoring contracts at $25-46 a month, whereas the companies like the one I am using has no contract and their monthly monitoring rates are actually considerably lower, even without discounts (and they all seem to use the same monitoring companies, anyway).
Does anyone know about any of this stuff that can clear it up for me? The only stuff I run into when I try to search out on Google are sponsored links or corporate links going back to a company’s own site, of course.
It’s just a curiosity since I already know what I am getting and who I am going with.