Jeff's Blog

head_left_image

SentriLock Electronic Lock Boxes

As we get closer to the official launch here in Maine, I am curious as to everyone's thoughts on them...

How long until we're all using them?

What do you see as the issues/problems arising?

How about the benefits to you and your team?

When will the next best thing come out, like blue tooth enabled lock boxes?

What will you do with your old Mechanical Lock Boxes?

I'd like to hear from you...whether you have already used the lockboxes in another area, or are about to use them for the first time here in Maine.

Anyone with personal experience already have any advice? Warning? Tricks?

Jeff Mateja is the CEO/REALTOR at Universal Properties at Keller Williams Realty in Portland, Maine, and founder of ILovePortlandMaine.com, a blog about everything Portland, Maine, and beyond. Jeff also offers two premier home search tools for Buyers via FindPortlandHomesNow.com and FindMaineHomesNow.com. If you would like further information on any blog topics, please e-mail Jeff Mateja.

You may also wish to check out a few of Jeff's other great websites;

UniversalPropertiesMaine.com

GuaranteedSoldMaine.com

Also, let's connect on these great social networks;

Comment balloon 16 commentsJeff Mateja • December 13 2007 03:46PM

Comments

Jeff - we started using them here about a year ago.  I totally resisted the idea at first, but have done a complete turnaround.  They are extremely convenient, allow for printouts of access dates and agent names, and makes keeping track of showings a breeze.

The downsides are:  they can get expensive, they are heavy and there is a learning curve as to all the functions and the sequencing when you go to change from one listing to another.  But it can be done smoothly if you're patient. 

Posted by Carol Smith (Casmi Photography) over 10 years ago
Carol, say you have a ton of listings and in the past had an assistant remove the lockbox or the buyer broker last through the house during the final walkthrough. Now, I understand the person who places the lockbox has to be the one to unlatch it. Have you seen an increase in your time traveling to and from? Did you have a special way to track lock boxes when you had numerous listings?
Posted by Anonymous over 10 years ago
Do you realize that most E&O insurance policies do not cover mechanical or combination lock boxes? The new lock boxes are very heavy with short shanks so only time will tell how well this will be accepted.
Posted by Shannon Aldrich, NH & Maine Real Estate Seacoast (Keller Williams Coastal Realty) over 10 years ago

Shannon, I understand the concern there. The lock boxes weigh about 3.5 lbs each, have short shanks as you mentioned, and make me wonder if they will fit on some doors. 

I guess you are right, only time will tell...there are many advantages but there seem to be some evident disadvantages that I think will be frustrating for a bit. Tomorrow will be my first use of the card to preview another listing. We'll see how it goes. Smooth I hope (knock on wood).

Posted by Anonymous over 10 years ago
I've got on on my listing right now, 2 agents has used their card (begrudingly) without incident.  One agent was there 3 minutes late (ha ha) and the other apparently hasn't renewed his card because I don't see him on my log yet.
Posted by Rick Beal (Coldwell Banker Residential Brokerage) over 10 years ago

I just took the class online (I was out of state for the much-hyped MANDATORY you MUST attend in person class - too funny that all I ended up doing was the teleclass - sorry Rick!)

I am waiting for my card now, and no one here has really taken off with it yet.  Still mechanical around here.... 

Posted by Liz Foley, Cheerfully serving your real estate needs! (Keller Williams Realty - The Steven Chicoine Team) over 10 years ago

Rick - Yeah we have seen a few incidents and I can tell one of the big issues will be folks forgetting to renew their cards within the 8 day period. Another one being that the individual putting the lock box on the listing will have to be the one to remove. Gone are the days of the agent doing the final walkthrough and bringing your lock box to the closing to save you a trip.

Liz - We're starting to see a few lock boxes added to listings but it has not taken off here in Portland either.

Posted by Jeff Mateja, Southern Maine Real Estate (Keller Williams Realty - Universal Properties) over 10 years ago

Hi Jeff,

The card can be renewed at a Lockbox, but you have to have the instructions with you!  I agree, I have seen very limited participation so far, our company is the only one I've seen with the new boxes, and I've had to "train" every agent before their showing.

Posted by Rick Beal (Coldwell Banker Residential Brokerage) over 10 years ago
We'll have to see how this all plays out.  I'm in no hurry to start using these.
Posted by Tanya Busch, Maine Real Estate (The Maine Real Estate Network) over 10 years ago
Come on Tanya, give it a shot - it seems to work everywhere else!
Posted by Rick Beal (Coldwell Banker Residential Brokerage) over 10 years ago

Anyone having any issues? Working well on your listings?

Posted by Anonymous over 10 years ago
Mine is fine, but it looks like very few firms are embracing the technology.
Posted by Rick Beal (Coldwell Banker Residential Brokerage) over 10 years ago

Seems as though it will still be awhile for everyone to take on the new lockboxes. First I thought the lack of implementation was due to older listings and the need for new paperwork signed, now I see new listings still coming to market with the old mechanical lockboxes.

Posted by Jeff Mateja, Southern Maine Real Estate (Keller Williams Realty - Universal Properties) over 10 years ago

I must say I was a bit skeptical about the new lockboxes but now I love them. Only issue now is updating the card and a few times having difficulty closing the door due to the bulkiness of the lockbox and the configuration of the door itself.

What are others experiences out there? Good? Bad? Indifferent?

Posted by Jeff Mateja, Southern Maine Real Estate (Keller Williams Realty - Universal Properties) about 10 years ago
I really like the idea of not having to keep track of combinations.  Since I keep forgetting to update the card, I have now set a reminder in Outlook to update every Monday morning at 10:00.  As I stated earlier, you can update at a lock box, but you need to write down the six digit number the automated voice gives you and if you're in a noisy area or your wireless coverage is spotty, you may miss one of the numbers and have to start over!
Posted by Rick Beal (Coldwell Banker Residential Brokerage) about 10 years ago

A group was just added to Facebook to comment on the new SentriLock Electronic Lockboxes. Feel free to share your thoughts here and join the group on Facebook!

http://www.facebook.com/group.php?gid=22381744743

Hope everyone had a great weekend!

Posted by Jeff Mateja, Southern Maine Real Estate (Keller Williams Realty - Universal Properties) almost 10 years ago

Participate