It is good to know cell tower lease rates in your area and be able to negotiate cell tower lease for your particular needs. 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.
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. 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.
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 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.