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Seller's, Use a Lockbox or Not

By
Real Estate Agent with Ken Meade Realty

In Arizona, the typical listing agreement will include specific permission to do 2 things.

First, permission to put up a for sale sign. For most people with homes for sale this is a given, of course they want a sign. In Sun City and Sun City West, these signs are the best advertisment you will have. Many people like to drive the streets and see what is available. We get more calls from signs than newspaper ads.

The second permission is for the use of a lockbox. This can cause some concern for people. They often believe that the home will be less secure. In the greater Phoenix area we use the Supra box. This is an electronic box that requires a sophisticated electronic key to open. The key itself records the agent id, time and date of entry. This information is kept on Supra servers and must be updated daily or the key will not  open any boxes. This is a reasonably secure means to provide access and still maintain security.

An additional safeguard with the Supra box is hours of showing. Supra boxes have default hours of entry. They come set to only open between 8AM and 10PM. I own my own boxes and can set them to hours that my clients feel comfortable with.

By the way, some agents do not use the Supra box, but use a cheap combination box available at any hardware store. They than publish the combination on MLS data sheets. No record is kept, anyone could have access any time. I don't know why they do this, but I guarantee I will never do it. It is in no way secure.

How important is access? We still have a buyer's market. There are over 750 homes for sale in Sun City, and another 300 in Sun City West. If your home isn't readily available to show, there are plenty of others, many just like yours. The buyers and their agents will just look at another. Your home may have not been exposed to the family that would have bought it. Lack of access is the fifth major reason why homes don't sell in the Sun Cities.

Jim Little, Your Sun City Realtor
http://jclittle.com/
Ken Meade Realty
17001 N Del Webb Blvd
Sun City AZ 85373
800-877-1776
623-977-1776

By the way...if you know someone who is interested in buying or selling real estate, please call me with their name and phone number. Thank you!



 

Posted by

web siteJim Little, Your Sun City Neighborhood REALTORĀ®A Real Estate Agent who lives here and works here.

Representing Home and Condo Buyers and Sellers in Sun City and Sun City West Arizona since 1998.

To Buy or to sell Real Estate in and around Sun City AZ, Pleas contact me.

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Comments(3)

Dotti Driver
Sky Realty - Austin, TX
GRI, E-Pro Realtor
It is far more secure to have a lockbox.  I instruct my sellers to never let anyone in their house without using the lockbox. 
Jul 25, 2007 09:39 AM
Paul Moye
Benchmark Realty - Franklin, TN
Broker, GRI, SRES
Dotti is right, If we explain to our owners that the person with a keypad or sentrilock key is a registered member of the local assocaiation and has no motive to lose their license over a petty theft vs. being at home to who knows what driving up to your house...it is a fairly simple objection to overcome.
Jul 25, 2007 09:47 AM
Ray Saenz
Exit Realty Laredo - Laredo, TX
Homes for Sale in Laredo, TX - Texas, Realtor

Jim,

Here in Colorado all the way with lock boxes :)  I love that,  just the  HUD Homes they need a special key

Ray Saenz

Jul 25, 2007 04:22 PM