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. 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. 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.
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. 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.
So, as you are already contacted to install on your property the cell tower or antennas on your rooftop, act immediately in the offer presented so that you can decide if the offers given are fair and not a mediocre one for you. 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.
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 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.