Cell Tower Lease and Rates
It can put up a challenge to negotiate for a cell phone tower lease, most especially if you as well as your legal representative don't understand the jargons used in this industry. How you think you can get the actual rate of the cell tower rate and if it is the fair price? Many lawyers aren't knowledgeable about leasing contracts for cell towers or even on how to get the most from the money from these cellular carriers.
When you as well as your lawyer do not know the lingo as well as the cell business, there are varieties of issues that might arise like the cell company may be forcing you to agree to their own terms which you will be left unhappy later on, your attorney will push you out of the deal, the cell company has moved on to negotiating for a different location and such.
In all the situations mentioned, you're not getting fair tower lease agreement. The fact about cell phone tower leases is that, these cell phone providers would opt that you as property owner are left in the dark. The truth is, their site acquisition contractors get huge bonuses for simply integrating cell tower lease below the fair market value. When the lease terms are in favor to cell carriers, the leasing agent will then receive a higher bonus. As a matter of fact, these agents receive bigger payment when setting up leases that pays you less.
Needless to say, it's a common practice in different industries given that we're living in capitalist economy. On the other hand, if you like to be certain that you are getting the best rates for cell phone tower lease, then there are a handful of things that you must know.
In most cases, both landlords and property owners are asking cellular site specialist to provide them with comparative cell phone tower rates for the said area. They do believe that it is going to help them in calculating what is the fair market price for the lease. Many of the cellular companies are using comparative pricing to be able to convince clients that what you are asking is too much.
What you don't know is that, most of the past mobile tower leases were negotiated poorly and land owners have received awful rates and terms for their property. By basing your fair market value evaluation on poor term and rate contracts isn't the best approach to take. The best way to make the most from your cell phone tower lease agreement is to entrust the negotiations to professional cell tower consultant who put your best interests when talking to telecom companies. Read more here on this site: https://www.youtube.com/watch?v=qZsOhLkuIIY.