What Should You Expect in a Cell Tower Advisor?
Many people may call themselves cell tower advisors, but not many of them have the experience nor the qualifications necessary to negotiate all aspects of a cell site transaction. Tower Advantage is proud to offer our clients superior expertise as a cell tower consultant.
Maintaining a background as a real estate broker, real estate attorney, and a telecommunications expert, Shival S. Bushan, Esq. has been helping landowners for over two decades maximize their opportunities. In addition to the questions below, feel free to check out 10 Factors To Consider When Hiring a Cell Tower Lease Consultant.
4 Questions You Should Always Ask Before Hiring a “Cell Tower Advisor”
Before engaging any cell tower lease advisor, we recommend that you ask them these 4 important questions. Then, make sure to verify the information before moving forward because most will not be able to substantiate their answer.
1. Do They Have a Legal Background?
As a cell tower advisor must be able to have the requisite skill to negotiate the various agreements related to a cell tower transaction. Unfortunately, it is not simply about getting the largest rent, or the best sales price for your lease. Most of the documents are one-sided for the tenants and or lease buyout companies, not the property owner.
Without sufficient knowledge and training, you can be sure that many areas of the transaction will be ignored. In addition to being a cell tower advisor, Shival is a cell tower attorney.
2. Do They Have a Real Estate Background?
In addition to a legal background, a real estate background is critical. Many cell tower lease consultants may have worked in the telecommunication industry, but that is simply not enough. In addition, most have never even outlined (or abstracted) a lease. Since a typical cell site agreement is either a ground lease or a building lease with over 25 provisions, having a real estate expert is important to your success.
In addition to being a cell tower lease consultant, Shival is also a licensed real estate broker.
3. Can They Provide 3 Recent Testimonials With Real Signatures?
Most basic websites can be created in only a day – if not less – along with all of the information on them. Other websites often include statements that can never be verified. However, holding your cell tower advisor accountable for their assertions is something you can control.
We always recommend requesting signed testimonials – on the landlord’s letterhead, if possible – along with their contact information so you can always verify their statements. Even without asking, Tower Advantage will always provide you with verifiable testimonials.
4. What Sets You Apart From Other Cell Tower Lease Advisors?
Another important question is how they differ from other cell site consultants. Of course, most will provide you with an answer – but really listen to what they are saying to see if it makes sense. As you can expect, they may tell you only they can get you the largest offers, provide the best service, etc. But you weren’t born yesterday – doesn’t everyone say that who is trying to get your business?
We recommend asking them a follow up question to an answer they give you to see how they handle it. If they cannot verify what they are saying, then it is probably just a line.
Tower Advantage is Here to Answer All of Your Cell Tower Lease Advisor Questions
Our experts are happy to answer all of your questions so you can make the best decision possible. Whether you are considering a cell tower lease buyout, a new cell site lease, or a cell tower lease extension, or any other cell site services, we will provide a full-service approach to your cell tower lease needs. We look forward to helping you maximize your cell tower lease opportunity.
Contact Tower Advantage today and we will be happy to
answer all of your cell tower advisor questions.
(833) MY-TOWER
(833) 698-6937
