Know Comparable Data 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. Since evaluating cell site lease rates is difficult because of its unavailability for comparison, asking experts in this area or visit their website would be a good idea. 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.
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. 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. 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. 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 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.
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.