A Few Things that You Should Know About the Rates in Cell Tower Leases
Keep in mind that it can be difficult to actually negotiate for the cell tower lease when you as well as the legal representative that you have isn’t quite familiar with the telecom language. How can you be sure that the real cell tower rate that you get is of fair market value? 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.
When you aren’t familiar with the cell business and its lingo, then there can be a few things that may arise. A cellular company would actually convince you to agree to their terms which may not make you happy. The attorney could push you to not go for the deal. The cellular company may also proceed in negotiating for a different location.
In these situations, you won’t be getting that 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 a lot of cases, the property owners would ask the cellular site specialist to provide them with comparative cell tower rates for their location. However, several cellular companies are making use of comparative pricing as well so that they can convince you that you are actually asking for too much.
For such reason, the best thing that you can actually do is that you must not trust the cell tower leasing contract in the hands of that standard legal counsel or those lawyers from the cellular company. 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.