Many property owners may have heard that it is possible to earn thousands of dollars each month by renting out space to cell carriers so that they can erect towers and antennas on it for a specified amount of time. However, if they try to handle the initial negotiation process for their cell tower lease agreements without the help of an expert tower consulting company, they stand an excellent chance of losing a lot of money in the long term instead.
Disadvantages of Not Hiring a Cell Tower Lease Consultant
Property owners who attempt to handle the negotiation process associated with cell tower lease agreements on their own will definitely be at a disadvantage because all cell carriers are aware of how to formulate the lease agreements in such a way that they are the sole beneficiaries of them. In many cases, the cell carriers will word the contracts in such a way that property owners could find themselves being held liable for site maintenance costs such as electricity bills to keep the site running or even tower and antenna repairs.
Duties of a Cell Tower Consulting Company
A reputable cell tower consulting firm will deal with all aspects of the negotiation process associated with cell phone tower lease agreements on behalf of a property owner. These legal experts will deal directly with carriers such as Verizon, Sprint, T-Mobile and AT&T to ensure that property owners receive the very best deal possible when hiring out their properties to them. An especially important aspect of the cell tower lease agreements that they will negotiate for land owners is that of the monthly rental rates that will be paid to them.
Choose an Experienced Consulting Company
When looking for tower consultants to handle the negotiation of their cell tower lease agreements, property owners should ensure that they choose those that are reputable and that have the right industry-related experience. This will ensure that the negotiation process runs as smoothly as possible and that the terms and conditions contained within the lease are thoroughly inspected and negotiated before the property owner has to sign it. Any questions that the property owner may have with regards to the terms and conditions contained within the lease will be able to be answered quickly and professionally by these consultants as well.
Landlords who would like more information about how they can benefit from getting in touch with cell tower consultants before signing any lease agreements can obtain it here. Interested parties will also receive a free PDF report entitled “Top 5 Ways to Lose Money with your Cell Site in 2015.” Contact us today so that you can be prepared before signing any leases.
*Reprinted with permission
NAI Capital Wireless