Know Comparable Data for Your Cell Tower Lease Rates
It is good to know cell tower lease rates in your area and be able to negotiate cell tower lease for your particular needs. Because there is not much data you can compare about cell site leases, it is recommended to ask a cell tower lease consultant to help you in this matter. As far as cellular lease rates, cellular carriers are generally trying to save money and would try not to pay a good amount for rooftop and tower rentals.
To start a lease, landlords and property owners are generally approached by the carriers through third party site acquisition leasing companies, and these companies are paid to identify the sites and in getting the lease signed for the new cell tower site. The payment of the leasing consultant will be based on the rental price and terms they are able to negotiate, which if it is for the better terms for the carrier, the consultant will have the potential of a larger bonus. These carrier leasing companies are also paid premiums if they can turn the lease around fast. You are therefore advised to be wise in making your deal with the carrier leasing company since they could give you a worse deal that would mean more money for them.
So, as you are already contacted to install on your property the cell tower or antennas on your rooftop, act immediately in the offer presented so that you can decide if the offers given are fair and not a mediocre one for you. To further determine your leverage in deciding for the amount of the negotiation, it is good to know if you have other choices, like in your neighborhood or a better location, where the wireless carrier can go.
In order for you to make a good deal in the negotiation is for you to pay close attention to the telecom leasing terms and to understand its language. Customers are generally not telecommunication experts and neither are their real estate lawyers, thus, asking the help of a cell tower lease expert would be a wise idea to understand the terms and agreements being offered.
For the tower and rooftop leases, it is important to know that there are different cell tower lease rates that are offered in the various areas of the country to the landlords or property owners.
So when you as the landowner is faced with the negotiation of a cell lease agreement, it is good to first ask some questions from the agent who is interested in leasing your space for a cell tower. Some examples of the questions you should ask from the agent are the going rate of a cell tower in your area, why the interest is on your property, what could be your average lease payment, and others.
Suggested Article: site link