Don’t Take the Cell Tower Candy.
Property Owners, Beware of Lowball Lease Offers: Don’t get in the “back of the van”. Protect Your Cell Tower Lease with Tower Genius.
Hey everyone, Steve from Tower Genius here! If you’ve recently received a new cellular site lease offer from a wireless carrier, a cell tower developer, or even a lease amendment for a renewal or extension, you may have been offered what seems like an attractive deal. You might think the offer is fair, or even that you’re getting a good deal—but hold up! Often, these offers can turn out to be lowball proposals or less-than-fair market value deals, with hidden provisions that could cost you big time down the road.
It’s a common scenario: the wireless carriers or developers know that many landowners don’t fully understand the intricacies of cell tower leases, and they take advantage of that. What seems like a win on paper could, in fact, end up being a less than favorable situation for you.
The “Candy in the Van” Analogy
Now, bear with us on this disturbing analogy. You have probably heard of the phrases “don’t take candy” or “don’t get into the van.” It’s meant to symbolize something that looks sweet and appealing on the surface, but ultimately serves to lure you into a unfavorable situation. In the world of cell tower leases, a “sweet” lease term or perk could just be the bait to get you to sign a deal that isn’t in your best interest.
The leasing term you like might be nothing more than a distraction from the long-term financial implications hidden in the fine print. Just because one part of the offer seems appealing doesn’t mean it outweighs the overall deal, especially when there are other provisions that could significantly reduce your potential earnings or even put you in a difficult financial position.
Don’t Take the Cell Tower Candy. Don’t Be Taken Advantage of by Big Wireless
Let’s face it: the wireless industry is massive, and wireless carriers are no strangers to lease negotiations. They’re used to working with landowners who they know are at a disadvantage since they almost certainly do not have the expertise to evaluate the real value of their telecommunications lease. Unfortunately, that puts you at risk of signing a deal that doesn’t serve your best interests. The candy being offered to get in their van could take the form of a $5,000 or $10,000 signing bonus to give them a Right of First Refusal or other leasing term.
That’s where we come in. At Tower Genius, we specialize in helping landowners navigate the complexities of cell tower leases. Whether you’ve received a lease buyout offer, an extension, or a renewal offer, we can help you evaluate it and ensure you’re getting the deal you deserve.
We Help You To Understand the Risks Before You Sign
Before you put pen to paper, take a step back and really understand the full scope of the deal. You might be looking at what seems like a generous upfront payment or an extension with a seemingly beneficial term, but there could be hidden clauses that can severely limit your future earnings. Sometimes depending on the location, you will never get a lease agreement which is fairly balanced. You want to know what you are hitching your horse to before you sign.
Cell site lease agreement terms can be complicated, and one small overlooked detail can impact your bottom line for years to come. Don’t let a seemingly sweet offer cloud your judgment. Let us help you make an informed decision that will protect your financial future.
Get the Deal You Deserve with Tower Genius
At Tower Genius, we offer expert consultation to help landowners like you assess the fairness and value of any offer you’ve received. Whether it’s a new lease, a lease renewal, a cell tower lease buyout, or a lease amendment, we’ll provide the guidance you need to make the best informed decision. And it’s always okay to walk away from a deal.
We are your trusted wireless industry guides in navigating this complicated process, increasing the chances of you getting fair compensation for the valuable space your property provides to the wireless tenant.
Peace of Mind Starts Here
Talk to Tower Genius today, call us anytime at 888-313-9750, or fill out a contact form here on our website. Don’t let Big Wireless take advantage of you—let’s work together to get you the deal you truly deserve. And don’t take the candy or get in their van.
