Know the Bargains for Your Cell Tower Lease Rates
It is recommended that you have cell tower lease rates comparable data in the locality where you will locate your cellular site. 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. Saving money is the common concern of cellular carriers for their cellular lease rates, thus payments for rooftop and tower rentals are not really that enough.
The process in leasing cell sites would be that landlords and property owners will be contacted by the carriers, with the aid of third party site acquisition leasing companies, who are being paid in order to identify sites and get the lease signed for the new cell tower site. Know that these companies are paid based on the rental price and the terms they are able to negotiate with the clients, which means, that the better terms they get for the carrier, the larger bonus payment they will receive. Turning a lease around quickly would also mean for the carrier leasing company to be paid premiums. 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. Be informed that if you have other choices like in your neighborhood or a better location, you will have a good amount of leverage in your negotiation with the wireless carrier, for this will determine the amount of your lease.
Another way to have a better or fair negotiation is to pay close attention to the terms of the telecom lease and its confusing terms. Considering that most of us are not telecommunication experts nor are our real estate lawyers, it is advisable that we get the help of a cell tower lease consultant to help us understand the terms and agreement.
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. Among the questions you should ask is the on-going rate for a cell tower in your area, what is your average lease payment, why is the agent looking at your property, and so on.