If you're a land owner, home owner or business owner who's been approached about a cell site lease, then there's a good chance that you were so excited at the extra income that you forgot to make sure that the cell tower lease negotiations were being done on the up and up. Here are a few of the most common mistakes in cell tower lease negotiations.

Accepting the First Offer

The only time you want to accept the first offer, on anything, is when you're just trying to get rid of it.

Negotiating Blindly

Giving a counter-offer that's way too high only says "I don't know what a fair price is". Make sure you know what you're getting.

DIY Negotiations

Unless you're well experienced in leasing to cell tower operators, your best bet is really to hire a consultant to help you through the process.