You can never underestimate the role of cell tower lease contractors in helping you get an excellent cell tower lease deal. Without them in the equation, most property owners will probably end up getting poor deals.
Do you know that in 2018 alone, some of the biggest cell tower companies made over 3 billion dollars in revenue? And 85% of this revenue was their profit.
Amazing right? But the owners of the properties that were used for these cell towers got just 8 to 12% of the generated revenue. So, the next time you are trying to lease out your property to a cell tower, you need to contact a consultant.
Cell tower lease consultants are experts who understand the nitty-gritty of a cell tower lease deal. They know every piece of the puzzle and guide you through the financial, legal, and development aspects of a cell tower deal.
So, if you are planning to hire a cell tower lease consultant for your next deal, here are some of the things to look out for;
#1. Track Records
One of the most important things you should check out before hiring a cell tower lease consultant is their track records. The track records should show how many clients they were able to increase their cell tower lease in a year.
Most times, a consultant that doesn’t have anything to offer may try to convince. But always demand results. Otherwise, you may hire the wrong person.
There’s a famous Latin maxim that states “Nemo dat quod non habet” meaning you can’t give what you don’t have. If you want to get the best from your cell tower lease deal, you need to work with an expert. If possible, discuss with people around you for referral…
As a rule, hire a cell tower lease consultant who has spent several years in the industry. Trust me, getting a juicy cell tower lease deal is complicated, and it requires a wealth of experience. Click here!
The cell tower consultant you are hiring should have unrestricted access to resources. They should have a database of the different cell sites in your area, including lease value, network dependency, and alternative to cell tower companies that are willing to lease your property at a higher rate.
In the words of Warren Buffet, “honesty is an expensive gift and don’t expect if from cheap people.” it’s essential to consider the credibility of a cell tower consultant before hiring one.
Read about the consultant, check different review platforms to know what other people are saying about them.
This is one of the most important factors to consider when hiring a cell tower consultant. Ask the consultant to provide contacts of property owners they helped get a great cell tower lease deal. With this, you can determine if the consultant you are hiring is reliable or not.
These are the factors you should consider before hiring a cell tower lease consultant. If you adhere to this, you will certainly get a reliable consultant who will attract you great deals. Click here for more information: https://www.bslassociation.org/what-to-expect-in-a-cell-tower-lease/