Know Comparable Data for Your Cell Tower Lease Rates
It is advisable to know the various tower leases where your potential cellular site will be located. 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.
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.
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. 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. 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.
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.