Realtor Lock Box - Making a Home Sale Possible
What exactly is a lockbox and why is it useful when you’re out to market your home to potential buyers? Essentially, a lockbox is a "locked box" wherein a key to your home is placed. The electronic types are preferred to the mechanical lockboxes as they’re far more secure because they can actually provide information if somebody did lay their hands on the home’s key to enter the house. Realtor’s are the only ones who can have access to the key considering that they want to show your home to a prospective buyer. They do so by having in their possession an "electronic key" that can open the realtor lock box, retrieve the key and thereby, enter your home to show it. These "electronic keys" are closely controlled by your local Real Estate Board to assure that only active realtors have them. Without a lockbox in place on your home, a realtor representing a buyer would need to arrange to have either you or your listing agent realtor meet him or her at the property so he/she could gain access and show your home – this might just be enough inconvenience to discourage the potential buyer from purchasing your property; and we don’t want that to happen, do we?