cell tower lease rates Tag Archive

  • How Do I Select Expert Cell Tower Lease Consultants?

    Have you been contacted for a new Cell Tower Lease, a lease buyout, or a lease renewal? The best cell tower advisor can make you more money and save you time!

    What criteria must be taken into account when hiring a cell tower consultant? In this article, we are sharing with you the top things to search for in a cell tower consultant!

    Relevant Work Experience

    A Cell Tower Consultant who has represented major cell phone companies will be more valuable to you than a consultant who hasn’t represented a cell phone company. Several cell tower consultants you’ll find online haven’t even visited a cell tower site firsthand.

    They previously worked in call centers trying to purchase cell tower leases or trying to lower the rent on their cell tower lease. Keep in mind that the barrier to entry for labeling yourself a consultant is low. Therefore, do your research on what you would like to hire as well as hire the best there is. Know more here!

    Exceptional Track Record

    You are hiring a Cell Tower Consultant for a thing: Results. Make sure your cell tower consultant has an exceptional track record of results that meet your requirements.

    Have your cell tower consultant give you their history of results. Always ask for references, referrals and call them. Beware of consultants who constantly represent numbers that seem unrealistic. Whether it sounds too good to be true, it usually is. Discover somebody you can trust. Somebody who will give you real results and won’t ruin your business.

    Know Your Expert’s Proposal and Fee

    Talk to your cell tower consultant to obviously express the scope of the proposed work. Whether their proposal comprises something that wasn’t discussed might be a red flag. Several consultants want more than 25 percent of all your rent for the rest of the lease life. If it does not sound right, it maybe is not accurate.

    There is a market rate for fares and when a fee sounds high, it maybe is. And there are several people you’ll find online who will work for $500. Whether it sounds cheap, you may think that you’ll get the quality of service that reflects the low-quality fee. You get what you pay for as the saying goes.

    Make Sure Your Cell Tower Consultant Has No Conflict of Interest

    Several cell tower consultants you can find online have direct conflicts of interest. Several consultants’ procedure preemptive rights applications for AT&T, others do open contract work for AT&T or T-Mobile. If a cell tower consultant is doing work for a wireless carrier, you can bet their loyalty will be with the wireless carrier and not the owner of the property.

    Be Sure You Enjoy Who You Work with

    Some Cell Tower Consultants can be jerks, although other consultants will be more amiable. Be sure that you enjoy who you’re working with. If not more than a year to close, most cell tower lease transactions will take months. That is a long time to tolerate an idiot. Have fun and choose a cell tower consultant that you feel you can enjoy working with him.

    Client References from Reputable Institutions

    Make sure that you’re working with top-tier talent and ask for references from reputable institutions. Whether a cell tower consultant only has references from family owners run.

    Many online advisors have offered expert cell tower consultations to the nation’s top commercial real estate companies, hospital systems. The list goes on and on. Ask for references from top reputable institutions to ensure you deal with a top-caliber Cell Tower Consultant. Read our another article: https://lucytamajon.com/the-reit-way-to-invest-in-cell-towers/

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  • The REIT Way to Invest in Cell Towers

    Cell Tower Leases Exposed

    You probably don’t think there is money in a cell phone tower site and that only the wireless companies can profit from it. Maybe once that was true, but things have come a long way since then. Cell towers are in demand; it’s soaring almost every year as the world turns to technology and the internet to run their lives. You could invest in this area. While you might think that sounds a bit silly, it is possible. A REIT can be a fantastic investment option and it certainly has a lot of potential. So, what is a REIT, and can you really invest in a cell tower for profit?

    A New Investment Method

    A real estate investment trust (REIT) has become a popular trend for many around the world. One of the standout factors about REIT is that you do not need to invest in a wireless company to invest in a cell tower. REIT can own a variety of properties, even commercial land. You can use a REIT to invest in hospitals, shopping malls, warehouses, hotels, apartment buildings, and more besides. It’s impressive, to say the least; and now, you can invest in cell phone tower sites.

    Is It a Good Investment?

    There’s no denying that a REIT is a risk, like any other investment. It is known as a total investment because it can often produce high dividends. However, it is a long-term investment rather than short term. The reality is that cell phone tower sites are increasing in demand and that may help to ensure you get a viable investment option. It is, however, also important to note that any investment comes with a risk. A REIT is like any other type of investment, it can produce great results, or it could tank. Remember, it’s all about the market and how stable the market is. Know more here!

    Know the Industry Before You Invest

    You might think the cell phone tower industry is strong and that means it’s the best time to invest. It’s a great idea and you can end up with a decent profit from your initial investment. However, that doesn’t mean to say you should go into this blind. Without doing the proper research, you could lose a lot of money. Remember, every REIT is different, and some cell towers will be more profitable than others. It all comes down to supply, demand, and location. What’s more, these tend to be long-term investments because that is where the big bucks usually come from. Of course, every investment is different.

    Invest In a Cell Phone Tower When the Time Is Right

    Wireless communications are increasing by the day and the internet has sparked new life in this industry. REIT investments can be great because they can be viable, stable, and profitable. That, however, doesn’t mean to say you jump into the investment without knowing what’s what. It is crucial to know everything you can about REIT’s and cell phone towers. You don’t want to lose money or choose the wrong investment, so take the time to research these subjects well. A cell phone tower site can make a great investment when its right for you. For more details read our article: https://lucytamajon.com/how-to-negotiate-cell-tower-lease-rates/

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  • How to Negotiate Cell Tower Lease Rates

    Cell Tower Leases Exposed

    If you negotiate cell tower lease rates well, you can walk away from the deal a happy landowner. Unfortunately, some landowners walk away dissatisfied and it’s a growing problem because it’s an industry that few understand. If you haven’t worked in this industry, everything is a foreign concept and it’s so difficult to grasp. Usually, these favor the companies rather than the landowners, so, it’s crucial to negotiate for a fairer deal. So, how can you negotiate your cell tower lease rates?

    Consider a Cell Tower Consultant as They Know the Industry

    While you’re tempted to walk into negotiations on your own, it’s not always smart. Remember, this is a tough sector because the cell phone companies have a team of experts behind them. They’re going to push for the best deal possible – for them, not you – so, it’s essential to have someone in your corner. Cell tower consultants are experts within this field, however, it’s essential to have a third-party consultant. You want a consultant with no ties or allegiances to the cell phone company. These professionals will help when it comes to negotiating cell tower lease rates.

    Don’t be Afraid to Disagree with Terms

    Cell phone companies can walk away at any given time. Remember, there is a lot of land out there and many owners are willing to basically hand it over without a second thought of what they’re getting into. However, a poor deal is worse than no deal. Cell phone companies want the best deal for them, and they can easily add new terms during the negotiation phase. You, however, cannot agree to terms you are not happy with. A lot of landowners do and regret it later, so sometimes, you must stand firm and say what you aren’t happy with. A cell tower consultant may help you understand the terms clearly. Check here!

    Be Reasonable with Genuine Offers

    A lot of people are new to this industry and so they don’t fully understand what it is to host a cell tower on their land. Unfortunately, some believe it’s best to hold out for the best possible deal, but that might never come. Negotiations are likely to occur over a short period, however, if there is a genuine offer on the table – and it’s a reasonable one too – it’s time to seriously consider it. If the cell tower lease rates are good, it’s time to consider the offer.

    Tell your consultant (or the cell phone company) what you think and where your reservations lie. It could be one sticking point the company is willing to iron out to complete the deal. Don’t turn your nose up if the offer is reasonable for what the company is providing. A cell tower consultant can handle most of the negotiations, however, you’re the one to decide if the deal is best for you.

    Be Smart when Negotiating

    Negotiations for cell towers are full of ups and downs. Some companies are happy with your land and will do whatever it takes to make you happy; unfortunately, most cell phone companies are the opposite. It’s vital to remember this is a deal they can take to dozens of others, so while you can’t sell your land short, you can’t be too unreasonable either. Of course, if it’s not right for you, it’s not worth it. However, it’s important to consult with an expert and negotiate for fairer cell tower lease rates. Click here for further details: https://lucytamajon.com/allowing-a-cell-tower-on-your-property-what-you-give-up-vs-what-you-gain/

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  • Allowing a Cell Tower on your Property – What you Give Up Vs. What You Gain

    Cell Tower Leases Exposed

    Cell tower lease ratesif negotiated properly – can be a nice stream of income. And with the demand for broadband and wireless technology increasing, more cell towers will appear. Thousands of landowners already lease their land to companies, and it can be a fantastic idea if you’re property is chosen. While there are some positives to come from a cell tower on your land, there are also a few drawbacks. So, what do you gain and what do you give up when allowing a cell tower on your land?

    You Gain Income

    With a good cell tower lease, you can start earning a decent amount of money. Some will receive a lump sum for the use of the land while others receive monthly payments, usually in smaller increments. Of course, income can vary considerably as it all comes down to the value of the real estate. That doesn’t actually mean how much the property is worth or the value of the land but how in-demand the site is. For instance, if there are already several towers in the local area, wireless companies may offer a lower amount.

    On the other hand, if there were few others around and there was a higher demand for that area, the amount may increase. It’s all about the value of the site to the wireless companies and negotiating for a great deal. Cell tower lease rates can vary so you must consult a specialist to find out what’s a reasonable value.

    You Give Up Your Ability to Decide When You’ve Had Enough

    You might tire of having a cell tower on your land five years in to an 18-year contract. Unfortunately, there is very little you can do to get them off your land. Breaking a contract can be very expensive even if the company were to agree to moving elsewhere. They could demand compensation and the costs could be significant. When you sign a cell tower lease, you’re renting your land but also committing to a long-term contract. It’s unlike a marriage; when you’ve had enough you can’t just pack your bags and leave. That’s something you really need to consider before any leases are signed. Learn more!

    Think Before You Sign

    There are lots of things to consider before you commit yourself to a cell tower lease. You have to think about liability and the disruption it might bring. Then, what happens when you want to sell your home? If you have a prime location for a cell tower, then the chances are the wireless company won’t want to give up the location. That could mean selling with the lease in place; it could make your property a lot less appealing. Even though the cell tower lease rates can be fairly good, there are still drawbacks to consider. Of course, shorter leases can be useful too.

    A Cell Tower Lease Shouldn’t Be Rushed Into

    There are many good points to cell tower leases but also some not-so-good points. It’s a difficult decision to make because this is a long-term commitment and won’t be easy to walk away from. Of course, you can receive decent income for the use of your land and that’s also something to consider. Even if you’re getting fantastic cell tower lease rates, it’s important to think carefully and not rush into this without thinking of all the possibilities. For more details, visit: https://lucytamajon.com/how-to-lease-your-property-to-cell-tower-companies/

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  • How to Lease Your Property to Cell Tower Companies

    Even though the cell tower consultant industry is inconsistent extension and cell tower companies are for all time searching for new land to extend their movement on, getting a cell tower rent is a confounded and troublesome cycle. Is it true that you are one of the land proprietors who have been considering how to get a cell tower on your property?

    Here is a rundown of the principal factors that decide the accomplishment of such an undertaking.

    Elements that Determine the Value of Your Property

    Anyway appealing it might appear to get sheltered and customary income by leasing your property to one of these cell tower consultant companies, you should know that fewer than 4% of property proprietors figure out how to get such rent and various variables decide the worth that your territory or your structure speaks to for cell tower companies.

    The Distance between Your Property and Other Towers in the Region

    Stringent guidelines control the dissemination of cell towers in a specific region. If there is no cell tower inside a mile from your property, your odds to get a rental is very acceptable, yet if the cell tower company you are keen on leasing your territory to as of now claims a tower is neighboring your property, legal guidelines as a rule offer need to existing towers.

    Notwithstanding, even in these cases, you may attempt to search for other cell tower companies that have no towers in your neighborhoods and attempt to show them finishing a rent contract with you. See more!

    Populace and Infrastructure

    Building a cell tower lease is a considerable scope development venture. Thus, if your property is situated in a thickly populated territory with streets and foundation, it will likely be more attractive for cell tower administrators than a fix of land in a distant, hard to get to the region.

    Area and Zoning

    Your property might be more appealing to cell tower companies if it lays marginally higher than different properties in the area, for the necessary explanation that cell towers need to ascend high to have the option to send the waves productively and the higher the land they are based on, the more influential the transmission.

    You should likewise know that various areas and urban communities have specific zoning guidelines as a result. Before you approach any cell tower company to offer your territory for leasing, you have to see whether your property follows those guidelines – data that you can acquire from your neighborhood network advancement or arranging office.

    If your property agrees to all guidelines concerning the kind of rent you are searching for, you can proceed by reaching one of the cell tower companies and presenting your proposition to them. You can do this either by connecting with the company’s lawful office legitimately or by presenting your proposition on the web – the sites worked by cell tower administrators typically offer the likelihood to present your territory for leasing. If they are keen on your property, they will likely convey a group to assess it, and you can begin arranging the terms and states of the rental arrangement.

    Finishing cell tower lease contracts with cell tower companies can be a long and convoluted cycle, yet if the area of your territory is acceptable and you haggle cautiously, considering every single little detail, your agreement can create a protected, month to month payment for quite a while to come. Click here for more information: https://lucytamajon.com/understanding-cell-tower-leases/

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  • Understanding Cell Tower Leases

    In 2020, cell tower consultants are increasingly reaching out to tall building owners to discuss cell towers lease agreements. They are trying to negotiate new deals or renegotiating existing agreement and contracts. There is an enormous need for more cell towers are much of today’s lifestyles are built around cell phone use.

    Telecommunications companies are increasingly reaching out to property owners to discuss cell towers lease agreements — whether it’s negotiating new ones or renegotiating existing contracts. After all, much of today’s lifestyle is built around cell phone use. The expanding reach of cell phones is also what increases the need for proper coverage. One could make the argument that these cell towers have become the very backbone of modern life with emerging cell tower lease. Yet, many people who are contacted don’t understand the full value of a cell tower on their property.

    It is in the cell company’s best interest for property owners to think they are in a win-win situation. Property owners are always told the story that they are getting easy money, which comes in through rent paid by the cell company. This may be true, but there are several factors property owners should know before signing any paperwork for a cell tower agreement. Here are three things to consider:

    Know your real rent value.

    Communication companies will often make an initial offer that includes misleading, high-pressure tactics and language. For example, property owners may be told that engaging in negotiations will cost them the potential cell-site lease opportunity. This is often false on cell tower lease rates. Property owners need to understand that they are the ones bringing real value in the negotiation. The tower company needs their land.

    Remember: Each tower site has its own unique value, which is increased when other possible locations aren’t available. There is no open market value for comparison in these cases, so asking neighbors with existing contracts is not an accurate comparison.

    Additionally, consider what is the optimal rate today, in 5 years, or 10? Since cell tower companies are looking to protect their own interests, the initial offer will be substantially lower than the real rent value over the life of the contract. Read more!

    Consider long-term implications.

    Cell tower lease agreements may be structured for up to 90 years. No one can predict the future, which is why property owners need to structure flexibility and protection for their land and rights. Otherwise, they will be at the mercy of the cell tower company’s terms — terms which are meant to protect the company, not the property owner.

    For example, what happens if a property owner wants to sell the land and cannot terminate the lease agreement? What if a property owner wants to make changes or improvements to the property but is restricted by the location of the tower, the cables, or other supporting equipment?

    Watch out for possible exposure.

    Property owners need not only to consider what they are gaining with a cell tower agreement but also what they may be giving up — as well as the financial liability they may incur.

    Will the property value decrease with a cell tower site? If the tower is damaged accidentally by the property owner who is responsible for the cost of lost service to the cell tower’s consumers, then the cell tower lease rates change. 

    Bottom Line

    Cell tower lease agreements can provide excellent passive income opportunities for property owners, but all options must be carefully weighed. Though an initial offer may have appeal for the short-term, the long-term consequences will be significant. As with any contract or long-term agreement, property owners considering cell site lease agreements should seek counsel from a professional before making any final decisions. Check out this site: https://ezinearticles.com/?Cell-Tower-Lease-FAQs&id=2542387

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  • 7 Things to Look For In A Cell Tower Lease Consultant

    If you are perusing this you definitely know, the correct cell tower lease consultant can be an enormous resource for have in your group! Have you been drawn nearer for another cell tower lease, a lease reestablishment, or a lease buyout? The correct cell tower lease consultant can spare you time and get you more cash-flow.

    What criteria would it be a good idea for you to look when hiring a cell tower consultant? We share with you the Top 7 Things to look for in a Cell Tower Lease Consultant!

    1. Pertinent Recent Work Experience on the Carrier Side

    When hiring a CPA, a CPA who as of late worked for the IRS is of higher incentive to you than a CPA who worked for the IRS 10 years prior or possibly never. The CPA with ongoing background will have within track on the opposite side and will realize the government assessment code all around.

    A similar thought applies to cell tower lease consultants.

    2. Excellent Track Record of Results

    You are hiring a consultant for a certain something – results. Guarantee your consultant has a demonstrated reputation of results that address your issues.

    • It is safe to say that you are hoping to expand rents?
    • Migrate a cell tower?
    • or then again sell your cell tower lease?

    Have your cell tower consultant give you their reputation of results. Anyway be careful about numbers that look ridiculous (lease increments of 300%+). On the off chance that it sounds unrealistic it is. Discover somebody you can believe who will give you sensible outcomes. Click here!

    3. Comprehend Your Expert’s Proposal And Fees

    Chat with your consultant to unmistakably characterize the proposed extent of work. On the off chance that their proposition incorporates something that was not talked about that could be a warning.

    Some cell tower lease consultant’s charges need 20%+ of all your lease for the remainder of the life of the lease. Watch out! On the off chance that it doesn’t sound right it most likely isn’t right. Call us and we will talk about a reasonable expense structure that works for you.

    4. Affirm You Are Working With the Owner of the Company

    As the cell tower consultant develops so does the size of the staff of counseling firms. Try not to enable yourself to be passed off to a “Counsel” who isn’t the “Organizer”. At Airwave Advisors you will consistently be working with our author who is completely dedicated to getting you results with top of the line client care en route. You merit the best – don’t make due with less.

    5. Customer References From Accredited Institutions

    Guarantee you are working with top bore ability and require references from certify establishments. Wireless transmission Advisors has given master cell tower consultant conference to the country’s top business land organizations, colleges, medical clinic frameworks – the rundown continues endlessly. Solicitation references from the top licensed establishments to ensure you are managing a top level cell tower lease consultant.

    6. Guarantee Your Consultant Is Insured

    In the event that you are tolerating proficient counsel and administrations from your consultant ensure that consultant is guaranteed. At any rate your cell tower lease consultant ought to have Professional Liability Insurance, all the more ordinarily known as an Errors and Omissions Insurance Policy. This arrangement helps both the policyholder and the customer in the occasion harms are granted to the customer because of carelessness.

    7. Ensure You Will Enjoy Who You Work With

    Life is short, have a fabulous time! A few cell tower consultants can be jerks while others will be increasingly friendly. Ensure you appreciate who are working with! Most exchanges will take months if not over a year to close. Check out this site: https://ezinearticles.com/?Cell-Tower-Lease-Kiss-of-Death&id=5865131

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  • Cell Tower Leases Exposed

    Cell Tower Leases Exposed

    What do you know about a cell tower lease? To be honest, a lot of people don’t really know much about cell tower leasing and often get short-changed in the deal. That’s not a nice place to be because while everyone is entitled to make money, it’s not fair to stiff the owner of the property! When it comes time to negotiate you might think it’s all a piece of cake but in reality it’s not! The companies looking to lease the cell tower will be looking to save money and of course you’re looking to make more and so it’s going to be an old-fashioned battle at the negotiation table! Learn more regarding leasing land.

    Without An Attorney the Company Might Try To Short-Change You

    A lot of property owners agree to cell tower leases without an attorney present. There is nothing wrong with that as long as the owner understands what the lease means to them. The trouble with not having an attorney present is that some companies might decide to try and squeeze every penny. What does that mean? Well, it may lead to a reduced offer over rental per month or per year, depending on how it’s being negotiated. However, that means you’re losing out. It’s very important to get a cell tower consultant before agreeing to any costs if you aren’t dealing with an attorney. It’ll be the practical way to avoid losing out.

    Cell Tower Leases Exposed

    Don’t Be Afraid To Negotiate

    You cannot be afraid to go to the negotiation table and negotiate! A lot of property owners think any offer is a good offer and are willing to take it without really thinking practically. It’s very important to think and maybe even go to the negotiation table just to see if that’s the company’s very best offer. You might not agree to that but it’s really important and something which will help during the cell tower lease agreement. Both parties can see what the other’s limits are and then work to suit themselves and the other. It’s wise to negotiate just so the other side doesn’t think you’re too chicken to ask for a better offer. Click here for more detail about land examining and real estate transactions.

    Think Before You Agree

    Do you feel a yearly increase of 3% is fair? Is it possible to maybe get 4%? These are the things you have to think about in the short and long-term! If a company is willing to go to 4% but you agreed to 3% you’re losing out on hundreds of thousands of dollars over the years and that’s crazy! However, you cannot be too greedy and try and push the rates per year up because people will walk away and find another location. It’s important you think very carefully about the costs before agreeing either way. You may want to speak with a cell tower consultant and see what they can suggest for you and the price. For more guidelines, visit: https://lucytamajon.com/negotiating-a-cell-tower-lease-getting-help/ 

    Get the Right Deal

    Cell towers are everywhere it seems and more and more internet and mobile companies have to lease them from property owners. That can be a great thing for lots of property owners simply because they can make a little extra. However, you have to ensure you don’t get bogged down over costs and you have to make a good decision over rates and increases too. The right deal will make all the difference with a successful cell tower lease.

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  • Negotiating a Cell Tower Lease: Getting Help

    Negotiating a Cell Tower Lease: Getting Help

    Have you ever negotiated a cell tower lease? To be honest, there are very few people who have personally dealt with these contracts and it’s not difficult to see why. The subject of cell towers aren’t something which a lot of people are familiar with and it makes it all a little bit confusing after so long. It’s so important for you to get help when dealing with a cell tower lease, and there are a few things you really need to know.

    Do Some Basic Research over Rental Prices in Your Area

    First and foremost, do you know what a cell tower rental is worth? You absolutely have to conduct some basic research over rental prices within this local area. Why? You could be short-changed in the lease and you don’t want that at the end of the day. You absolutely want to ensure you’re getting value for money and the best deal possible so you can’t sit back. You’re the one who is accepting the deal and you have to ensure the deal is fair for you as well as the company renting the property from you. It’s so important to talk to a cell tower consultant if you’re not sure what to do. Whatever you decide, you do need to do some research over costs. Click here for Property Market Statistics.

    Negotiating a Cell Tower Lease: Getting Help

    Think About How Much The Added Hassle Of The Tower Will Cost You For The Next Two Decades!

    Let’s be honest, there is some level of bother when it comes to having a cell tower installed on your property and that’s something you have to consider. You’re going to create a new lease with a company who wants to rent – that’s fine – but what about the hassle on you and your family? Do you think there is fair compensation within the contract? That’s something you really have to think about when dealing with a cell tower lease. You want a fair deal at the end of the day. Get experts opinion on https://www.towerleases.com

    Call A Professional Consultant Or Attorney!

    Sometimes, it’s really tough to tackle the negotiation stage without some form of help. If you haven’t dealt with cell tower leases before, it’s all very confusing, which is why it’s time to call in professional help. You should always have an attorney, lawyer or professional consultant at hand when it comes to negotiation a lease because they know best! They are the ones that may be more able to deal with the negotiations than what you are. That’s potentially very useful and it might make it easier in the long and short-term too. A good cell tower consultant can help in a big way and you shouldn’t be afraid to ask for their help either. Learn more about professional consultant.

    Get Help and Get a Fair Lease

    Dealing with cell tower leases are confusing at the best of times and if you aren’t familiar with them, you really do need help. It’s fine to try and tackle this on your own; however, you do have to be extremely careful. You want to ensure the lease is fair for you and your property but also going to be profitable too. It’s important to do your own research over the matter in order to get the best value for money and it will make a real difference to say the least. Negotiate your cell tower lease and ensure you’re getting the best part of the bargain!

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  • New Cell Tower Lease: What Is a Property Owner’s Bargaining Power?

    New Cell Tower Lease: What Is a Property Owner's Bargaining Power?

    Homeowners don’t think too much about hiring the services of a cell tower consultant, and yet they are some of the most valuable services available today. One of the greatest things about being a property owner is that when a company comes knocking at your door asking to host a cell tower on the property, you have one fantastic bargaining chip to deal with. So, what bargaining powers do you have when negotiating over leasing a cell tower?

    Sublease and Co-Location Fees

    One of the most important bargaining chips any property owners have is with the sublease and any co-location fees of the tower. For example, a company may choose to initially rent the property out in hopes of using the cell tower for their own means but that may later change. They could decide to sublease the tower out to others and that’s where you can benefit too. In the lease or contract you create with the company, you could put a clause which states if the tower or property is subleased by another company the owner is to get a portion of the fees. That’s a great way to keep cell tower lease rates reasonable for the companies and profitable for you. Click here for more information.

    New Cell Tower Lease: What Is a Property Owner's Bargaining Power?

    Early Fee Termination

    Let’s say for a moment that the company renting the cell tower wanted to unexpectedly terminate their service early, what would you do? Well, you could lose out a lot of money if there is nothing in the lease about early termination and this could be your bargaining power. As a property owner you could set out the term in which states, if the company chooses to terminate their service early and stop using their site as location of the cell tower, they will pay the property owner a fee. It’s a useful clause to have and a cell tower consultant may say to you this should be added in the lease contract as well.

    Rent and Revenue

    You are the one who can essentially set the rents for the companies. You can say you want to achieve so much from the cell tower lease rates and if the company is happy with that rate they will agree to pay. However, some companies may try to negotiate the price which is why you shouldn’t start with your lowest or base line offer, go high and see what the companies can offer. You are the owner and you’ve got a great bargaining chip in play. You can set the rent if you want to and that may determine what sort of revenue you make also. Learn more about cell tower leases.

    Set the Terms

    In a way, a homeowner has to be firm when allowing a company the use of their land. While the company can always choose to go elsewhere, there was a reason why they choose you. You have the prime land and it’s you that has great bargaining powers too! However, you cannot be greedy in trying to get more money from the company, even if you’re tempted! What you have to do instead, is to look at what your bargaining chips are and then make your move. You cannot be afraid to talk about rates or annual percentage increases because they can be important to you as it can be to the actual company. Ensure you have a cell tower consultant to help you during the negotiation phase and it’ll potentially avoid you missing out. For more information, visit: www.gov.uk/private-renting-tenancy-agreements

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