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. 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. 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.
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 these companies will be based on the rental price and terms they are able to negotiate, so the better terms for the carrier, the more money the leasing consultant will make. Turning a lease around quickly would also mean for the carrier leasing company to be paid premiums. 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. 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.
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.
There are various cell tower lease rates offered to landlords in the different parts of the country for tower and rooftop leases that you should be aware of.
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. 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.