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Should I Sell My Cell Tower Lease?
Manage episode 430772351 series 3337594
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If you’re thinking about selling your cell tower lease, here’s what you might want to consider:
- Research: First, figure out who you need to talk to in order to get a fair review and evaluation of your cell tower lease buyout offer or easement purchase proposals.
- Offer Review: Important to know if the buyout offer you’ve received is good, bad, average, or great.
- Valuation: Needed to determine what your cell tower lease is worth now and if it’s better to sell it now or keep it for the long term.
- Tax Questions: Find out from a tax professional how selling your cell tower lease will affect your taxes.
- Lease Buyout Negotiation: Negotiating your Verizon Wireless, T-Mobile, AT&T, American Tower, Crown Castle or SBA cell site lease buyout alone is probably not the best decision you can make, as the deck is stacked against you.
- Industry Practices: Be aware if cellular carriers or tower management companies might be working together in a way that’s not in your favor when you sell.
- Attorneys: Consider hiring an attorney to review your deal before you finalize it, but most know very little about cell tower leases.
Need to talk to a cell tower lease consultant? Visit Tower Genius at https://www.towergenius.com/cell-tower-lease-consultant and submit a contact form or call us anytime at 1-888-313-9750 for assistance. Have a great day!
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