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How do Realtor's Lock Boxes Work?
 

This is a SentriLock Realtor’s lock box

How Do Realtor's Lock Boxes Work?
Diane: My husband and I have been driving around the Chantilly Highlands area of Herndon..... trying to get a feel for area neighborhoods for our future move. We can see all kinds of lock boxes hanging on the doors of the homes for sale and were wondering how they work. Can you tell me?
 
Steve: There are basically two types of lock boxes…combination and electronic that are used here in Northern Virginia. The combination boxes are usually put on bank owned (foreclosed) vacant, or inappropriately on normal human owned homes by cheap listing agents.   I have seen some in use that we used for facilitating handyman entrance back in 1983… with the same combination!
The combination for the box is either put in the listing, or buyer's agents have to call the listing agent to get it (a waste, since they never answer their phones or get back to you, since it would interrupt their daytime TV schedule.…or they call you two days later after your client has returned to her current home in New York).
  This means active, professional buyer's agents ... more

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