Estimating Cellular Tower Leasing Rate
The cellular tower is tall steel structures that are installed in a specific geographical area to boost the company cellular network in that region. The choice of installing a cellular tower in a specific location is determined by several factors. The number of a cellular tower placed in a region depends on the cellular company several objectives. The landowners usually lease their property to the cellular company for cellular tower installation Cell tower lease buyout is usually made monthly or yearly, based on the company terms of payment and the agreement between the company and the landowner. In some cases, the landowner is underpaid by the Cellular Tower Company since there is little information available concerning the cellular Tower leasing. So as to realize the maximum profit, there are various activities that the landowner have to perform before signing a term of contract with the cellular company.
Locate the cellar tower installed in the region. Tower leasing rates is almost constant in a locality The the client should inquire the amount being made by the cellular company per month to the landowner. The the client should be interested in the towers of the same company since different cellular companies pay differently. This will helps the landowner to come up with relevant estimation of his tower lease rate.
Searching for the tower consultant. Tower lease consultant is experts in the field. With their immense knowledge and experience, they can be able to figure out amount the client is expected to pay. They will also be able to figure out other factors such as the most probable location the tower can be installed in the region. This is possible by having an experienced and honest consultant. The tower attorney should explain to the landlord all the steps involved in the signing of the tower lease agreement The attorney should also visit the land of their client so that they will be in a position to give reliable advice concerning the the tower ratesThe legal agreement will help the landowner to receive the tower lease when it is due
Look for other options. When coming up with the site for the cellular tower, the firm may realize severally suitable locations. The landowner should be able to estimate the suitability of his/her land over others The client should be in a position to demand better rates if the location of the land is the best and most suitable for tower installation. In advance cases, the landowner may make an effort to ask a different cellular firm on the approximate land lease rate.
Evaluate the size of the tower to be installed. The amount of lease vary depending on the tower size being installed. The consultant are aware of the variation of tower lease based on the size of the tower thus they should be in a position to tell their client.