Be aware of the Different Tower Cell Rates
It is recommended that you have cell tower lease rates comparable data in the locality where you will locate your cellular site. 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. 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. Turning a lease around quickly would also mean for the carrier leasing company to be paid premiums. Be aware therefore that the worse deal you will arrive with the carrier leasing company, the better is their bonus afterwards, so be wary in making the deal.
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.
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.
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.
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 of the questions you should ask from the agent is why he or she is looking at your property, what is the going rate of a cell tower in your place, what is the average lease payment that you can get, and so forth.