Know Comparable Data 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. 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. 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.
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. It is also good to know if you have other choices where the wireless carrier can go in your neighborhood and a better location, since this will determine your leverage in the amount of your negotiation.
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. 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 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.