Finalizing a cell phone tower location is a very important commercial and operational decision for any cell phone company. The normal process involves preparation of a short list of potential locations, negotiations with different property owners, and finalization of the lease deal.
Cell phone companies will consider zoning laws, operational efficiency, financial implications, and many other factors before taking a decision. Of course, the property owner will never be privy to these processes and details.
Secure your Interests
Cell phone companies will always try to pressurize property owner by making it seem as if they have multiple options at their disposal. This is where working with cell phone tower consultants can be very beneficial for you.
A consultant with years of experience will use his or her in-depth knowledge of zoning laws and understanding of the business of cell phone companies to help you strengthen your negotiation position.
If your property is the only one in the locality on which a cell phone tower can be built, then should this information not help you negotiate aggressively from a position of strength.
No Favors from Cell Phone Companies
However, you can’t expect the cell phone company to share this information with you. You may be the only option for them but they would behave as if your rejection makes no difference whatsoever.
Professional assistance of a cell phone tower consultants will help you boost your chances of securing the best deal possible, and this is not just about the rent alone.
So Many Factors to Consider
The cell phone company may be prepared to offer a generous rent but may demand a very long-term contract in exchange of the same. Or, they may demand sub-lease rights without additional payments.
So, you will have to assess points like whether it makes sense to lock your property to a cell phone tower for decades or not.
Or, whether the rent and escalation is adequate for you to surrender additional charges related to sub-lease deals.
Or even whether the tower will impact future value appreciation negatively or restrict you from disposing of the property in the future.
A lease deal involves numerous factors other than just the rent, the duration, or escalation clauses. It requires good understanding of how cell phone companies operate and the importance of the tower proposed on your property to their long-term commercial prospects.
Since ordinary property owners have very little understanding of how to go about such a deal, appointing a consultant to represent you may be the smartest and most elegant way to solve tackle this issue.
