Top Tips for Choosing Cell Tower Experts
Property owners should not handle cell tower lease on their own, instead, they need to hire a good cell tower consultant who will review the deal and ensure that you get high rents. Here is a guide for hiring the right cell tower lease consultant.
Hire an experienced cell tower consultant to negotiate lease rates on your behalf. Whether you want to extend a lease, or offer a new one, you want to work with consultants that have represented multiple clients who have leased their property to cell tower companies. Also, they should also have worked with cell phone companies and understand the changing technology in the telecom industry. Besides, consultant that have unequalled expertise will answer all your questions regarding the lease and help you get good rates.
Check the track record of the consultants you want to hire and see if they have been able to achieve god results. Good consultant will provide you with their record of results to enable you make an informed decision on whether they are right for you. However, be vigilant of companies that provide you with unrealistic results in order to convince you that they can help increase your rates by a bigger margin.
Before you hire a cell tower consultant to represent you, make certain that they have been properly insured. They should have a professional liability insurance which is also called as the errors and omissions policy so that you will be liable for costs incurred due to negligence. Avoid cell tower lease experts that are not willing to proof they have been properly insured.
Before you make any informed hiring decision, it is essential to seek for references that you can get in touch with and find out their opinion regarding the consultants. See if past clients were happy and satisfied with the services provided by the company and to get insight of what to expect. You can also verify if you are working with skilled consultants by requesting for the references from accredited institutions.
Consider the fees and proposal provided by various cell tower lease consultants so that you can choose a fee structure that works best for you. It should clearly define the task that they will undertake and the cost for each service. Weed out firms that have included tasks that you had not discussed with them in your proposal. Therefore, before you decide to work with a consultant, do some research to get an idea of how much fees should be paying.
To ensure that you get the best results, only consider companies with experienced and skilled staff. They should have diverse experience in matters of leasing, site acquisition and development. Qualified employees will better understand what you need and be familiar with the best strategies of approaching the situation. On the other hand, it is highly advisable to entrust your needs to the owner of the cell tower company because they will strive to ensure that the outcome is exceptional.