Know the Bargains 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. Usually, it is difficult to evaluate cell site lease rates, thus it is advisable to ask from cell tower lease experts about cell tower leasing agreement. 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.
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. If these carrier leasing companies can turn the lease around fast, they could be paid premiums too. 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.
Remember then to evaluate fast the offer given to you once you are being contacted in the installation of your cell tower or antennas on the roof of your property, so that you can figure out if you are receiving a fair one or a mediocre offer. It is also good to know if you have other choices where the wireless carrier can go in your neighborhood and a better location, since this will determine your leverage in the amount of your negotiation.
Another tip for you in negotiation, is to pay close attention to the telecom leasing terms and its complicated language. 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. 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.