I am sorry, but no, you cannot have the lock box combination!

Real Estate Agent with The Berkshire Group

I am sorry, but no, you cannot have the lock box combination!  Working with buyers, I often get asked "Can I have the lock box so I can take measurements?," or  "Can I have the lock box so I can show my parents my new house?"  The Division of Real Estate is very clear on this subject.  Providing a perspective buyer unauthorized access to a property by themselves creates numerous consumer harm issues; such as possible theft, property damage, injury, personal safety, and trespassing.  As such, our Colorado Commission has reiterated that such action would be a violation of Section 12-61-113(1)(n) of the Colorado Revised Statutes, which states "having demonstrated unworthiness or incompetency to act as a real estate broker by conducting business in such a manner as to endanger the interest of the public."  As a consequence, disciplinary action my be taken whether or not there is actual harm caused by allowing a buyer or other third party unaccompanied access without the listing broker's authorization.

Bottom line:


This applies to appraisers, inspectors, etc.  What does your State's Real Estate Commission say?

Comments (1)

Lora "Leah" Stern 914-772-4528
Coldwell Banker, 170 N Main Street, New City NY 10956 - New City, NY
Real Estate Salesperson

Our rules here in the Hudson Valley of NY are the same as yours.  The only ones that can access your locbox code is you.

Aug 14, 2013 07:27 AM