Want to know the truth about cell tower lease agreements? You’re not alone. The internet is full of misinformation when it comes to landowners getting money for leasing land for a cellular tower – not to mention rooftop antennas. On this page, we’re going to give you just the facts about wireless tower leases so that you can make an informed decision about whether or not this type of deal is right for you.
Even better, we have some valuable information on how Wireless Property Listings can help you get the most money per month for multiple years when you sign a cell tower lease agreement. By the time you’re done reading, you’re going to want to take action. While you can contact us at any time to get your questions answered, you can also sign-up and list your property right away. The sooner you act, the sooner we’re going to be able to get you a good cell tower lease.
Truth About Cell Tower Lease Agreements
The basic truth about cell tower lease agreements is that the representatives from the wireless companies are not going to be looking out for YOUR best interest. Before you sign any contract, you want to make sure you understand everything about the agreement. This is Wireless Property Listings can help. Our team is experienced and knows how to negotiate with the cellular companies to get you the best deal possible.
In many cases, we can get you 40% or more than you would be able to negotiate on your own. This is extra money you might have left on the table if you were negotiating yourself. As mentioned, the wireless companies are most concerned about their stockholders and paying the least amount possible with as short of a leasing period as possible. Remember, the more you get every month and the longer the lease, the more money you get overall.
Here are some of the major things you want to think about before signing a cell tower lease agreement.
Length of the Lease – One of the most important factors of any cellular tower lease is going to be the length. Obviously, the longer the lease the more money you’re going to make over time.
Monthly Payments – Another area that will be determined in the lease agreement is the amount of money that will be paid monthly. By multiplying the monthly rate by twelve then by the number of years of the agreement, you can get a general idea of the overall value.
Termination Clause – The leasing agreement for your cell tower will also likely include information on how either party can terminate the lease. This is important and will affect the overall value of the cell tower lease.
Local Zoning – You’re also going to have to worry about local zoning laws and whether you’ll be able to erect the tower at all. This can be complicated and time consuming no matter what area of the country you live in.
Upfront Costs – Will you be responsible for building the cellular tower on your land? In many cases, we can ensure that you don’t have to pay any money upfront. All you need to do is sit back and collect the monthly checks.
Tower Footprint – How much physical space will be needed for the cell tower? This is another important matter that will need to be laid out specifically in any cell tower lease agreement you sign as a landowner.
Collocation – What are the terms for other cell companies being able to put their antennas on the tower? As you might imagine, this can become very complicated quickly. At Wireless Property Listings, we take care of all of these matters for you, even collocation.
Roof Antennas – In most cases, if you’re talking about putting a cell tower or antenna on the roof of an existing structure, the lease agreement is going to be a lot more complicated, especially if it’s in a heavily populated area.
Tower Relocation – What if you, the landowner, need to move the tower slightly for one reason or another during the length of the leasing agreement? Provisions for this should be made when the cell tower lease is first signed.
Camouflage Options – Will attempts be made to camouflage the cell tower to ensure it doesn’t negatively affect the property value once the steel goes up? These days, it’s fairly easy to disguise cellular towers as trees or even rocks.
Backup Power and Generators – Who will be responsible for this if something goes wrong? Also, who will maintain the cell tower during the lease? These are two very important questions that must be answered.
Insurance and Indemnity – Are you as the landowner protected if something goes wrong? Will the proper insurance and indemnity provisions be in the final cell tower lease agreement? And, more importantly, will they be in language you can understand?
If you want even more help, Wireless Property Listings can provide it.
Why Work With Wireless Property Listings
Here’s a closer look at the top reasons you should work with us at Wireless Property Listings.
More Money – One of the biggest reasons to work with us is that we can, in most cases, get you more money than you would be able to negotiate on your own. We understand how cell tower leasing agreements works, and we have the skills and experience to get you the most money possible.
Longer Leases – We have gotten people five, ten, fifteen and even twenty year leasing periods on their cell tower lease agreement. This is not always easy to do while maintaining a nice monthly rate for leasing the land. Give us a call and ask about some of our success stories.
Better Negotiations – How do we get more money for you with longer lease periods? Simply put, we are good at negotiating with cellular companies. We know how to talk to them and how to get the best deal possible. Additionally, we know who to talk to in order to get the ball rolling.
Less Hassles – Overall, when you work with Wireless Property Listings, you’re going to have less hassles. If you have property or a commercial building, you can easily find out if the wireless companies will pay you a monthly fee to lease some space for a cell tower.
Customer Service – At the end of the day, it’s all about how you’re treated. We take great pride in working with our clients on a one-to-one basis. You’re not going to be lost in a shuffle of paperwork when you work with us.
Want to know more? All you need to do is contact us with your questions. Or, if you’re ready to get started right away, you can go ahead and sign-up and list your property with us. Once you do, we’re going to go to work for you, trying to find the best cell tower lease agreement possible. With our many years of experience and our extensive networks, we can make the entire process easier for you.
Call us today to get answers to your questions, or sign-up and list your property so we can find you a profitable residual revenue stream with a rock solid cell tower lease agreement.