Landowners need to be wise in order to know more about setting up cell towers in their property. It is a lucrative idea but then there are many points to ponder before one gives up his landed property to setting up a cell tower. In short you as a landowner need to be sure what you are getting into when you decide to go in for setting up a cell tower on your property. Your landed rights on your property, the prevailing lease rates, whether your property is a prime land for setting up a tower, etc.
The cellular world is a highly competitive world with prime focus on making money and profits. Therefore, cellular carriers go to great lengths to gain profit bent on making more money by doling out lesser than what was being given for rooftop and tower rentals. But then as a landowner you need to do your homework and gain information on the prevailing lease rates and how potential a site is your property for the cellular carriers.
Evaluating cell site lease rates is difficult because there isn't much comparative data available to the public. What can best be told is that landlords and property owners are usually contacted by the carriers via third party site acquisition leasing companies who are paid for identifying cell tower sites and getting a lease signed on the earmarked property as a cell tower site.
These land owners are then quoted a rental price. But a landowner can be clever and shrewd and negotiate on the terms and conditions as best as he can. As in any other business the carrier would always set those terms that fetch profit for the company. Thus the more convincing his argument sounds, the more potential the leasing consultant has for making a larger bonus. In short if the carriers are convincing enough then a gullible landowner is taken for a cheap ride.
The carrier leasing companies in return are paid huge premiums for turning a lease around quickly.
Thus if you are a landowner who has been approached by carriers for setting up a cell tower site on your property or antennas on your rooftop – you just need to be firm, cold and calculating and be aware of the ways and means of these carriers before they make you sign on the dotted line. In short you need to drive a hard bargain.
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