Doing The Right Way

March 18, 2019

real estate

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Know the Bargains for Your Cell Tower Lease Rates

It is advisable to know the various tower leases where your potential cellular site will be located. Because there is not much data you can compare about cell site leases, it is recommended to ask a cell tower lease consultant to help you in this matter. 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.

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 way to have a better or fair negotiation is to pay close attention to the terms of the telecom lease and its confusing terms. 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. Some examples of the questions you should ask from the agent are the going rate of a cell tower in your area, why the interest is on your property, what could be your average lease payment, and others.