Showing properties and the lockboxes are not necessarily two things that go well together.
Showing properties and the lockboxes to access them is something that all agents have to deal on a daily routine. For real estate agents, showing properties can be a tricky business.It is crucial to get the right tenants, and it is important to have all the information on hand to make sure that they are responsible people. Some clients may require more paperwork than others, so it is up to the agent to make sure that they have all the appropriate papers for the property in question. When an agent has to show properties across the country, there are certain tools they can use to make the process easier.
One of the best methods for showing properties across the country is using a digital map viewer. In this tool, an agent can zoom in and out of different cities, showing the area in detail. If an agent does not have a digital map viewer, they can download one from the MLS (Multiple Listing Service) website. These services allow individuals to enter their address and contact information to create a customized profile. From this profile, an agent can pick the type of locks they would like the tenant to have (either a keyless or manual lockbox). They can also choose whether to show the property on the internet, by email, or by phone.
The use of electronic lockboxes
Using an electronic lockbox has its up and downs. Many companies require that the client provide their social security number so that the locking machine can determine whether the individual is who they say they are. An electronic lockbox is however good if the person renting wants extra security for the property. They can set the electronic lockbox to automatically lock the door after they leave. An electronic lockbox is not recommended when showing properties across the country because there is always the chance that the renter will forget their key and open the door.
When is this technology required and when is not
Another thing to consider when using a lockbox is how much technology will be required. If the property is in a high-traffic area, using a lockbox can be a good way to reduce insurance premiums. However, if the property is in an area where crime is not an issue, then it may be better to leave the technology off.
When showing a property, it is important to remember that the owner has all the control. Even though an electronic lockbox is more secure than a traditional lockbox, some renters still tend to disregard it. This is because the electronic lockbox requires the renter to have a monthly fee to access the codes, which some believe makes the system less desirable.
Keypad or lockbox?
There are other ways of showing a property that do not require renters to pay for codes. The best way to go about this is to have a sign on the door that says that it is for showing only. A simple keypad can also be used instead of a lockbox. Renters should be given a key to the pad so that they may enter and exit the property as they please.
Is this technology foolproof?
It is also important to remember that even though electronic locks are better than traditional locks, they are no more foolproof. In fact, in some cases they are more likely to be disabled by the renter. This is because many people do not take the time to switch their keys often enough. When using an electronic lockbox, it is very easy to forget the code or program it. Therefore, it is essential that both the landlord and the tenant know the code. Once this has been established, the two parties can go about decorating the apartment as they see fit.
The locking system that is used in an apartment or condominium is usually set up on a month-to-month basis. As such, there is no way to tell how long a specific locking system will last. In most cases, a new locking system must be installed before the existing one expires. In the end, tenants need to make the decision as to whether they want to use an electronic lockbox or a conventional keypad.