![]() Sometimes unauthorized people gain access to keys. As with any security device, they do not guarantee complete safety. There are, however, some drawbacks to lockboxes that sellers should know. The reason that lockboxes are so widely used is they provide safety and convenience. They have been used for decades, and if you work with a professional real estate agent, they will ensure than only other trustworthy professionals have access to your home's keys. It also provides the seller the advantage of moving or being at a different location during the sales process. ![]() If there is not a lockbox, the buyer's agent must go to the listing office to pick up the keys. The big advantage of a lockbox is it allows a buyer and their client to view your home if you or your agent are not available for showings. What Are the Advantages and Disadvantages of Lockboxes? This also has a combination that must be entered into the lockbox. Some lockboxes use keypads, while others use an external device that is provided to agents. They could also be found to the side on a railing or other fixture that is a part of the property. Traditional lockboxes are typically placed on the doorknob of a home. Only agents and authorized people are given the code or combination to the lockbox. They are coded boxes that give agents and others access to a home's keys. In fact, they're a staple of the industry. ![]() ![]() Real estate agent lockboxes have been around for decades.
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