We are finally receiving our SentriLock, REALTOR® Electronic Lockboxes. Next week I will be receiving delivery and training on the long awaited devices.
This will give us more control over who is accessing our listings, while keeping a log od its use. When an agent makes a showing appointment and does not show up we will have a log. If they come back later, yup it will be in the report.
This new system will give sellers more peace of mind. it will also improve the process for showing listings.
In the last month I had three closes of listings where the agents gave my code to their clients to let them get in on the closing day, rather than going out and presenting them the key. In one case the buyer took my box and I had to demand their agent get it back. I had to change the codes on my other listings now that my code was shared so freely.
Now that will be a problem of the past. Agents will need a smart card and a pin number to gain access. If I agree to let their clients enter, I can issue them a one day code that will allow them in that day only and they will not be able to remove the box.
The agents who have not bought into the system will find they will be behind the rest of us and soon their clients will be demanding they get up to date. The smart card will also serve as our Board of REALTORS® identification card in the future.
Once I get them on my listings I will post an update of how the conversion is going.
Randy, I am almost surprised that electronic lockboxes are not mandated by the industry yet. As you mentioned, it is peace of mind for all of the parties and offers a log. I wonder how long the old lock boxes will be allowed to be used?