Signing a cell tower lease without a consultant can be a terrible move to make. Of course, it seems like a simple matter to take care of; unfortunately, it’s not always as straightforward. Cell tower leases are confusing at the best of times and if you have zero experience handling them, the jargon wording within them may leave you vulnerable. By using the services of a lease consultant, you might just walk away with a great deal. So, what should you look for in a cell tower lease consultant?
How Approachable They Are
A cell tower consultant should be great at their job but also friendly and approachable. Nine times out of ten, you’re going to have questions about the lease, and you need to feel confident to approach them. Unfortunately, if the consultant isn’t very approachable it can be off-putting. Instead, you want someone who is entirely approachable so that you’re confident in being able to ask them basic questions.
Consultation Fees
Every consultant will require some sort of fee to use their service. While this fee can vary considerably, depending on the consultant in question and the amount of work needed, it’s an important thing to think about. For instance, some consultants can request over 25% of what you’ll be paid to house the cell tower. That’s steep, but many others want more. It’s essential to fully understand the costs and fees before you choose a consultant. Remember, you’re the one who is signing the cell tower lease, and it’s your land. If the fees seem a little high, you should get a quote from several others to compare. Check here!
Experience
It’s difficult to put a true value on experience. In every sector experience has a different value, but for a cell tower consultant, they really need to have the relevant experience. This isn’t just for your peace of mind, but to ensure they know what they’re doing. For instance, it might be more suitable to opt for a cell tower consultant that has worked previously with cell phone or mobile companies.
Exceptional References
While a reference doesn’t necessarily tell the full story, it’s something you may want to consider. Remember, a cell tower lease can be profitable for you and your family for the foreseeable future; however, a consultant who doesn’t have the skills could result in a poor deal for you. You should request references from previous clients and check them out to ensure they’re genuine. It makes sense, even if you don’t like the idea of checking up on the consultant.
Good History Within the Field
As much as references and skills are important, so too is a good – and clean – history within the cell tower leasing industry. For example, someone with a clean reputation may be the smarter option than a consultant company with a poor reputation. Of course, reviews and feedback online don’t always tell the full story. However, constant negative reviews are a concern. Reputations mean a lot and if a cell tower consultant or their company doesn’t have a stellar history, it’s time to think twice about them.
Work with the Actual Consultant, Not Their Assistant
This is nothing against assistants or advisors. Cell tower leases are tricky, and you want to be reassured the person you hired is the one doing the work. Consultants have the experience and know-how, what’s more, they’re likely to have dealt with more cell tower lease contracts than their assistants. You need to ensure you’re working with the consultant you hire. It might not seem like such a big deal, but any minor error from an advisor or assistant could spell disaster for you.
A Cell Tower Consultant Shouldn’t Have A C.O.I
C.O.I or conflict of interest is something you cannot ignore. Now, some consultants might handle specific requests or process things for certain cellular companies. This is often a conflict of interest, especially if you’re signing a lease with someone, they do business with. It’s crucial the consultant doesn’t have any conflicts of interest so that you can be sure they have your best interests at heart. This may ensure your cell tower lease is balanced and fair.
Hire the Right Consultant
It’s easy to say a cell tower lease is simple enough to deal with, but the reality is far from that. Even if you’re dealt with one before, things don’t get any easier. Getting help, on the other hand, might just make the process far easier. Consultants can enable you to understand the entire process slightly better and might even ensure a fairer deal. A cell tower consultant can help and with a little effort on your part, you can find the right fit for you. For more information visit: https://www.fairbanksopenradio.org/important-considerations-before-leasing-your-property-as-a-wireless-cell-site/
