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. 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.
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. 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. It is therefore advisable to be careful in making your deal with the carrier leasing companies considering the worse deal you get the more money they make.
Therefore, once you are being contacted to install a cell tower on your property or antennas on your roof, it is good to evaluate the offer fast and figure out if you are offered of a fair one or a mediocre one. 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.
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. 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.
Therefore, if you are the property owner who is faced with the negotiation of a cell lease agreement, it is advisable that you first ask some questions from the agent who is planning to lease your space for the purpose of 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.