A Few Things that You Should Know About the Rates in Cell Tower Leases
You should understand that it can be challenging to negotiate such cell tower lease, particularly when you and your legal representative don’t understand the telecom lingo. Well, you need to make sure that you are really getting a fair market value for the cell tower rate. There are various lawyers who are not so familiar or knowledgeable when it comes to cell tower leasing contracts or they cannot help you get the most money from a certain cellular company.
There can be some situations that would come up when you are not familiar with the cell business and its lingo. A cellular company would actually convince you to agree to their terms which may not make you happy. Moreover, your attorney may actually push you out of the deal. The cellular company may also proceed in negotiating for a different location.
With these situations, you aren’t getting such fair cell tower lease agreement. Well, what you must understand regarding the cell tower lease rates is that those cell phone providers would rather want you, being the property owner, kept in the dark. It is very important to know that their site acquisition contractors are actually getting big bonuses because of being able to implement such cellular tower leases that are below the fair market value. When the terms of the lease are quite in favor with the cell carrier, then the leasing agent would actually obtain bigger bonuses. Such agents are being paid more if they are going to set up leases which would pay you less.
Know that such is actually a common practice in several fields because of the such reason that you are in a capitalist economy. When you wish to get the best rates for the lease, then there are a few things that you have to know.
In several cases, the property owners would ask such cellular site specialist to offer them with a comparative cell tower rate for their area. But, be aware that the cellular companies are also making use of the comparative pricing so that they will be able to convince you that you are actually asking for a lot.
You shouldn’t trust the leasing contract to the lawyers of the cellular company which is trying to negotiate with you. What you should do is that you must get an honest help from one who is really an expert or is specializing in such cell tower lease. It is best that you would hire an experienced negotiator when it comes to cell tower rates.