Real Estate Lockbox- Giving a Safe Access to Real Estate Professionals

1. Real Estate Lockbox- Giving a Safe Access to Real Estate Professionals The use of a lockbox in the field of real estate is not new. The only thing that has changed is the availability of high-tech options. A hollow metal box or a lockbox is usually attached to a secure place or the doorknob. This metal box has another tiny box of the size of a matchbox that contains the housekeys. When a lockbox is opened by the agent, the smaller container slides out. Today, this simple to use system has paved way for technologically advanced and secure systems that help real estate professionals to access the house key to show prospective buyers. Real Estate Lockbox- An Evolution

2. With time, the lockbox has evolved immensely, and many agents are preferring high tech electronic box instead of a standard combination lockbox. Real estate agents are already facing a lot of pressure from all quarters in terms of dues, fees, and expenditures that they cannot avoid as they have to enhance their business. Thus, when it comes to decide between a high-tech electronic or digital lockbox that costs a tad extra and a combination lockbox that is available at just a few bucks, many real estate professionals find themselves flummoxed. On the one hand there is a chance to save on costs and on the other, a way to ensure greater safety and security.

3. Here, we bring you some major benefits of lockbox and technologically advanced options available in the market. When the real estate professionals got a chance to show a house to a prospective buyer without seller watching his every move, it was a positive step in the right direction for the real estate sector. Finding oneself in a situation when the seller is at home when the buyer comes to see the house and get a sense of it is very challenging. Despite trying hard, sellers cannot pretend to stay away when the agent is showing his home to a prospective buyer which complicate things.  Agents thus prefer showing a house only when the sellers are not at home. This give buyers a good chance to get a feel and vibe of the house they are considering buying. It is also a very convenient showing experience for the agents.  The concept of Realtor Yard Signs emerged to help agents come out of this dilemma. This key securing device regulates the entry only to licensed and permitted agents to show the property to prospective buyers. This ruled out the need for the sellers to be at home when their house is being shown. It came out to be a win-win situation for all concerned parties. 

4. From early, simple to use, combination lockboxes to digital lockboxes, the real estate industry has come a long way. The earlier ones were quite inexpensive, but the lack of security was a major issue. Although sellers had great faith in the professional ethics of real estate agents showing their home but if the code became commonly known, the security of the house was at a major risk. It is for this reason digital lockboxes came into vogue. It added an extra layer of security and ensured ease for real estate agents when showing the home to prospective buyers.