When you’re presented with a cell tower lease, your first instincts are to handle the negotiations personally. It’s a nice thought and a good way to save you money – however – it isn’t always a positive outcome. There are lots of technical and legal jargon thrown into a lease; if you don’t understand what those terms mean, you could draw the short straw. So, a consultant is a necessity, but how can you choose an expert in the field?
Consider their Work Experience
Working 10-years as a chef in a renown bakery may look great on a resume but doesn’t help you with your lease. Remember, you want an expert who has a few good years of experience behind them (working in the appropriate field, of course). It’s crucial to take a few minutes to look at the background of the cell tower lease consultant and ensure they have the relevant experience. Ideally, you want an expert that has dealt with hundreds of cell tower rental agreements or contracts. It’s more likely they will negotiate for better terms than what you could.
Great Referrals or Background
Referrals are excellent benchmarks for anyone looking for an industry expert. It is, however, sometimes difficult to obtain them for various reason. For instance, some clients might want privacy, while the consultant might not want to list any current or former clients. Of course, if you can get any referrals from friends or people you know, that’s a bonus. You also need to consider the type of educational background the consultant has. While a cell tower lease might seem pretty straightforward, a lot of things can go wrong. You, ideally, want an expert with the right training to handle any situation that might arise.
Know the Fees of a Cell Tower Lease Consultant
Consultants shouldn’t be shy about what they will do on your behalf. Most experts will sit down with you and chat about what is likely to happen next. In this initial meeting, the consultant should talk about their proposal and fees. If a consultant is hesitant about costs, that’s a major red flag. You need to know – upfront – what sorts of fees you’re looking at when hiring them to handle the cell tower lease. Check here!
Excellent Reputation and No Conflicts of Interest
Anyone can look good on paper, but a cell tower lease consultant must have top-rated reputation. In business, reputation counts for a lot and your consultant needs to be at the top of his or her game. They also can’t have any conflicts of interest with the cell tower company or any of its associates. You mightn’t think that matters but it does. Let’s say the consultant works for or has an association with the other party. It could mean the consultant could (unintentionally) favor the company instead of you. So, be careful.
Don’t Rush the Decision
A lot of people are tempted to pick any cell tower consultant they find if it means getting the contracts signed. That, however, isn’t the attitude to take and could end up costing you more money. Instead, take the time to look at a range of consultants and see what they have to offer. Look at their backgrounds, reputations, fees, and what their feedback is like online. It’s so important for you to have the right expert on your side. A cell tower lease can be profitable for your property but only when the deal is right for you. You can know more at: https://www.sagecountryinn.com/selling-a-building-that-has-a-cell-antenna-lease-how-to-proceed/