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Seller Skeptical About Lockboxes?

By
Real Estate Broker/Owner with KGC Properties LLC, Tucson Property Management & Real Estate

Many sellers do not want a lock box or combination boxes that house keys to their home for agents to show their property. 

Though lock boxes are monitored, safe, very difficult to "crack", can be hidden and are only "in use" during certain time frames determined (at least here in Arizona!) - many still prefer to have more control over their home showings!

Though a little pricey of an option (the starter kit is $299.00), for those interested, Schlage (a manufacturer of deadbolts and key locks) offers a new LiNK door lock that can be remotely controlled through the Internet with a cell phone or computer.

KEY points of the LiNK Lock

  • Allows individuals, using a cell phone, to open doors using a 4 digit code that you provide.

  • Locks can be programmed to unlock at specific times and days.

  • Doors can still be opened using a keypad or traditional key.

  • You can monitor the "comings and goings" of showings for yourself.

  • After you've sold your home, reuse the lock for a rental property, your new home or a second home.

Gabrielle (Kamahele) Rhind - 2009. If you want to reprint parts of this - just email me for my permission rhindohana@msn.com. Buying or selling Tucson Arizona Real Estate? Click info@gabriellerhind.com and let me know how I can help you! Or visit www.BuyMyTucsonHome.com

If you'd like more info about  Mt. Lemmon homes, Tucson bank owned homes, Tucson lease option to purchase homes, Tucson rental homes, buying or seling your Tucson home or the Tucson real estate market or real estate news, email or call me at (520) 245.0242.

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Buying or selling Tucson real estate, Mt Lemmon, Tucson bank-owned homes, Tucson rental homes, or Tucson lease option homes? Visit www.KGCPropertiesLLC.com .

                                                 

 

This blog is written with my opinions and my opinions are  presented with accuracy but not guarantees. Please talk to a professional before making any real estate, financial or agency decisions.    Gabrielle Kamahele Rhind - 2014. If you want to reprint parts of this - just email me for my permission: KGCProperties@gmail.com .

 

Comments(7)

Harry F. D'Elia III
WEDO Real Estate and Beyond, LLC - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

I use the AMRLS lockboxes only for Real Estate agents. My investors do not want the combo locks to be used simply because they do not want everyone into the house. Great post

Jul 16, 2009 08:41 AM
Heather Chavez
Second Self Virtual Assistance - Caldwell, ID
Real Estate Virtual, Assistant (928) 692-3235

That's an interesting option, but a small price to pay for peace of mind I think, Gabrielle.

Jul 16, 2009 08:53 AM
Richard Iarossi
Coldwell Banker Residential Brokerage - Crofton, MD
Crofton MD Real Estate, Annapolis MD Real Estate

Gabrielle,

I was actually intrigued until I read the FAQ and there is a $12.99/month subscription fee. I've already got more monthly subscription fees than I need. I could actually use some additional monthly revenue.

Rich

Jul 16, 2009 08:56 AM
Gabrielle Kamahele Rhind
KGC Properties LLC, Tucson Property Management & Real Estate - Tucson, AZ
Broker/Owner

HELLO RICH!  There always seems to be a price for some kinda peace of mind for some folks -- one of my clients has used this - and paid for it - and felt like it was the best thing donut holes!  Ha ha!  -- Gab

HELLO HEATHER!  It's an option - and for some people - they would rather pay for it over the other options.  To each his own! Thanks for stopping by -- Gabrielle

HELLO HARRY!  I only use TARMLS lock boxes as well.  This is a pricey option - but it's an option for those that just need it! Nice to see you here - Gab

Jul 16, 2009 09:23 AM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

We use electronic, SUPRA lockboxes here.  If the seller doesn't want them we honor their requests, but showings may suffer as they will have to conform to our schedule.

Jul 16, 2009 11:19 PM
Dan and Amy Schuman
Howard Hanna Real Estate Services - Solon, OH
Luxury Home Specialists

I understand the sellers point of view. However, the SUPRA lockboxes that Gabe mentioned above are very popular here and the safest option. The problem is that you need a special ikey to open them and a lot of agents won't pay the fee to have one. Then we either have to meet them there or put a lockbox on the home for that showing, or risk that they won't show it.

Jul 17, 2009 11:59 AM
Elizabeth Bolton
RE/MAX Destiny Real Estate Cambridge, MA - Cambridge, MA
Cambridge MA Realtor

Hi Gabrielle ~ I'm in the land of the accompanied showing but a big proponent of lockboxes.  This is an interesting option.  We tend to use a lot of combo lockboxes since so many agents haven't spent the money to have a Supra keypad.  A self defeating way to save money in my opinion.  Years ago when I saw my first Supra keypad I knew it was something I needed to have. 

Liz

Jul 17, 2009 01:47 PM