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. Know that cellular carriers would usually try to save money on their cellular lease rates, thus they are not paying as much with their rooftop and tower rentals.
Usually, property owners and landlords are contacted by carriers, through a third party acquisition leasing companies, who identify sites and get lease signed at a new tower site for the cell and get paid for the job. 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.
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. In most instances, you are not a telecommunication expert nor your real estate lawyer, so it is good to contact or ask a cell tower lease expert to help you out.
It is important that you know of the different cell tower lease rates that are offered to property owners for the different areas of the country, for the tower and rooftop leases.
It is therefore advisable for you as the landowner or the property owner, who will face with the negotiation of a lease agreement, to first ask some pertinent questions and get answers from the agent who is interested to lease your area 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.