Are Lockboxes Safe?
We’ve all seen them. Those blue boxes hanging on front doors of homes for sale all around New Orleans, holding the keys and making it easy for any agent to get their potential buyers into a home. But, are they safe?
Why do some home owners choose to use a lockbox and some opt out?
It should be a matter of personal choice by the seller, but I find that many agents don’t even offer this option to their clients. That said, we believe in using lockboxes as much as possible, but leave the final choice up to our sellers after explaining the pros and cons.
Pros of using a lockbox when selling
Easy access by other agents, especially for last minute showings
Your agent has a complete record of all showings on a property because the lockbox triggers an email each time it is opened
Timed access – the boxes will only open between during a specified time frame each day. Normally, it’s 8am to 8pm, but an agent can customize those times, even allowing 24 hour access if needed.
NOTE: This advice only applies to MLS lockboxes. Those contractor boxes you can grab at Home Depot don’t offer the same type of security features!
Cons of using a lockbox when selling
There is a slight chance of an agent without an appointment using the lockbox to show the house. I say slight, because I don’t know any agent who has made this mistake more than once. Our local board of REALTORS® has rules against showing without an appointment and will sanction and fine agents for doing so.
Make it easy for potential buyers to view your home. That includes the installation of a lockbox on your property. We’ve got plenty of them!
Ready to sell your New Orleans home? Call us today at 504-327-5303. We’ll walk you through the ins and outs of the current market and share our seamless plan for success.