These days, many real estate agents use lockboxes for properties on sale. These systems safeguard keys, helping agents and homeowners avoid security concerns that warrant rekeying. Here’s what to know about using these products in homes for sale.

Benefits of Lockboxes for Listed Properties

A lockbox keeps the house’s keys onsite for easy access. When you have a busy day of showings, this convenience saves time and prevents you from misplacing keys, which could make you late to appointments. Lockboxes also reduce the risk of lost or stolen keys, which could require rekeying for security purposes.

The seller also benefits from this system. They don’t have to duplicate keys or personally let agents and buyers inside. The homeowner can leave the property well before the appointment so the agent and interested parties can do their walkthrough.

There are a few types of lockboxes to use. A basic version comes with a push-button lock that requires a combination to open. There are also electronic systems you can access via a smartphone app. Digital products track who unlocked the box each day.

Best Practices for Property Security

Before heading to an appointment, ensure you know the code for the box so you can retrieve the key. When you’re done, place the key back inside so that other parties have access.

To ensure codes aren’t used by unauthorized individuals, write down the combination somewhere only agents have access to. For basic lockboxes, change the factory settings to a unique code and update it weekly, particularly on properties where contractors use lockboxes to work.

If the sellers still live in the home, recommend that they get electronic boxes, which are more secure. Always speak with the sellers about different options and have them sign an agreement before installing a lockbox.

If you need key duplication or rekeying for your listed properties, contact Cohen’s Key Shop. These locksmiths have offered efficient, reliable services to people throughout New Haven County, CT, since 1897. They are qualified to handle any task to help you secure your properties. Call (203) 397-3528 to discuss your needs, or visit them online for a full list of offerings.