Doug Rogers Bayou Properties Realty

 With a foreclosure specialist on staff, my company gets daily calls from would-be buyers. Thanks to our internet advertising, many of these prospects will call from the front yard wanting to get inside. Let's examine why I can't give you the lock box code over the phone...

1) You may not really be a buyer-- Like a front porch light, foreclosures attract all sorts of critters. Some are legitimate buyers, others are looking for plunder. With only a cell phone call I can't determine which category you belong.

2) There may be safety concerns-- Think about it, if the owner is not paying the mortgage do you think they are keeping the property in top condition? I have seen holes in the floor, falling ceiling tiles, and mold just to name a few. Sure there is a property preservation company to address the big problems, but sometimes they miss things. Ever had a rusty nail dug out of your foot?

3) My Seller expects me to be there-- My goal is to sell the property. As such, I want to observe your reaction to the property. "It's not for me", mentioned during a cell phone call the next day doesn't give me any useful information.

4) We are better than the  lazy agents-- Yes, Lazy Daisy over at ABC Realty gives you the combo codes. In fact, she tells you about properties BEFORE they hit the market. But beware, an agent that will cut ethical corners with her seller will do likewise with her buyer...

 Looking for a full service agent to help you navigate the foreclosure process? Call Doug Rogers with Bayou Properties Realty today at (318) 613-1994. Search Local homes for sale in Alexandria Louisiana at www.LouisianaHouseHunter.com

Doug Rogers Bayou Properties Realty

Searching for a Top real estate agent in Alexandria Louisiana? Need help selling your Pineville, Louisiana home? Either way call Doug today!

Doug Rogers

Associate Broker

Century 21 Millennium


Century 21 Millennium

donahue Ferry Road

Pineville, La, 71360

(318) 640-2121

Each office independently owned and operated. Equal opportunity housing. Doug Rogers is a licensed real estate agent in Louisiana



 

 
This post has been included in Louisiana Real Estate News Rapides Parish, LA Real Estate News Alexandria, LA Real Estate News
Post is included in group: Louisiana Lagniappe
Post is included in group: REALTOR LIFE
Post is included in group: Real Estate Professionals
Post is included in group: ETHICS and the REALTOR
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49 Comments on The House is Vacant, Why Can't You Just Give Me The Lockbox Code?

20 Most Recent Comments Displayed Show All

APR
26
2012
627,071 Points 1 Featured Post Outside Blog

I like my job and the responsibilities that go along with it. I won't give a buyer to go through a house without proper representation, just too much risk. 
11:50am • #30
870,145 Points 200 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Well said. And what happens if when they step inside they bump their knee and sue you?
12:19pm • #31
478,520 Points 11 Featured Posts Outside Blog Called Shot Master

Amazing that people have the nerve to call and ask that question. 
1:16pm • #32
390,097 Points 27 Featured Posts Outside Blog Called Shot Master

And when you do go in legally, don't leave the door open for someone to come in behind you. No, no one goes in but me and my client. Not even another agent.
2:54pm • #33
860,827 Points 174 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Even if a qualified buyer wants to get into a property, giving out the access code is a guaranteed way to lose MLS access (at least here in Silicon Valley).  A property showing is in everyone's best interest for the reasons you describe.  I'd also add that any damage that might be done by a buyer with unrestricted access could fall to the agent who gave the code.  Another reason not to do it.
3:09pm • #34
1,949,535 Points 478 Featured Posts Localism Sponsor Attended Rain Camp Called Shot Master

That's a big, big fine in my Board.  Big fine.
3:55pm • #35
320,840 Points 24 Featured Posts Localism Sponsor Called Shot Master

Absolutely!!!

Not only can we NOT give the code to a consumer . . . we can NOT give our LB key even to another agent in our office to use. And the only way homes are not on our Board-approved (Supra) boxes is when the seller gives written notice to opt out. If a contractor box is required, it must be in addition to electronic lockbox. Why?

Because they want to know who was in there and when in the event of a 'problem'.

Lazy Daisy would be curb-kicked in our area.

Daisy would also be fined--2000 bucks-- for providing her login to anyone . . .  and we've heard this from consumers too.

Daisy, Daisy . . . don't you know they will TELL on you every time?  :)
5:09pm • #36
1,125,605 Points 90 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

How about you could lose your license if you let someone in there wihtout an agent accompanying.
5:33pm • #37
650,291 Points Localism Sponsor Outside Blog

But they still ask don't they -- they still ask. All the best.
5:39pm • #38
199,373 Points 4 Featured Posts

In my area agents are required to give their agent ID when making appointments.  However, once an agent gets a code I'm sure some of them give them out to their buyers, which I think is disgraceful.  If I ever caught any buyers without an agent I would tell the listing agent but if it's a combo lockbox I'm not sure the buyer's agent could be tracked down on a busy foreclosure or vacant home.
6:45pm • #39
1,351,924 Points 42 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Doug - People still want to do that, and there are so many reasons why we just can't.
11:33pm • #40
APR
27
2012
556,002 Points 31 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Hi Doug,

Great post.

I would love to meet Lazy Daisy. That is quite the name for a real estate agent!

Phil
2:45am • #41
1,052,401 Points 285 Featured Posts Outside Blog Called Shot Master

Doug, It may be inconvenient, but there's absolutely no way we'll do anything other than set the showing and make it happen.  No one that's not authorized gets our codes.
3:15am • #42
975,204 Points 6 Featured Posts Outside Blog Attended Rain Camp Called Shot Master
Liability, safety, fiduciary responsibilities are good points and that's just the beginning. Good post topic.
3:29am • #43
275,890 Points 17 Featured Posts Localism Sponsor Attended Rain Camp Called Shot Master

This is why I don't like contractor lockboxes.  I have known agents who will give them to buyers because they don't want to take them back in for a second look.
3:40am • #44
544,696 Points 120 Featured Posts Called Shot Master
Doug. Four good reasons and I like number four. Lasy Daisy! They are out there and they ruin realtors' reputations.
3:47am • #45
421,579 Points 16 Featured Posts Called Shot Master

As an investor, I don't know why anyone would want to enter a property without the agent.

First of all time is valuable, why would I want to take the time to look at the property without the agent to answer my questions and write the offer afterwards.

Secondly there is the issue of liability, I would rather not be in the position of being a recent unsupervised visitor if any damage occurred.

 
4:33am • #46
630,906 Points 3 Featured Posts Outside Blog Attended Rain Camp

Good morning Doug,

Great post, brings up the reasons we don't ever use combo boxes for showings - only Supra that require the Realtor code key for access.  We do, for our Seller's convenience, post combo boxes for repair access.  But, that code is only given out to their authorized users.
5:14am • #47
523,054 Points 10 Featured Posts Outside Blog Called Shot Master

When I am working on trashouts or mowing lawns on soon-to-be foreclosures, many times people will stop and request to see a property.  No can do.  I am not a licensed realtor. 
5:14am • #48
APR
28
2012
1,911,854 Points 385 Featured Posts Localism Sponsor Outside Blog Attended Rain Camp Called Shot Master
Doug, what I love are the buyer agents who call for the combo then pass it on to their clients. That's why I like the electronic lockboxes.
9:12am • #49

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Doug Rogers- Your Pineville Louisiana Agent

Pineville, LA

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Century 21 Millennium

Address: 2690 Donahue Ferry Road, Pineville, LA, 71360

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