A
"lockbox code" refers to a combination of numbers or letters used to unlock a lockbox. It allows authorized people to access the contents inside the lockbox without needing a physical key.
Full definition
You can also provide special instruction,
like lockbox code, that only the real estate agent can see.
It allows sales reps to schedule their real estate showings,
manage lockbox codes and track feedback all in one place.
It stops any person from accessing the property more than one time using the
same lockbox code.
We know lending them passwords,
like lockbox codes, wouldn't be approved even though it is probably widespread.
Then, earlier this month, it was revealed that information such as client addresses and
lockbox codes was accidentally exposed on the company's web pages.
I'll wait here at the curb while the owner guides you through the property, or I can give
you their lockbox code I was provided.
She put me on hold, transferred me to someone else, and they provided
me the lockbox code.
The recent RECO $ 5000 fine of a realtor for giving out
a lockbox code to a Home Inspector was also excessive and over punitive.
In fact, because they said they didn't go meet the BPO Agent and just gave
them the lockbox code or they have an electronic lock box on the house, the BPO Agent is able to get into the house and only spends about 5 minutes at the house.
I have been to a few airbnb's where all they give me is
the lockbox code and your good to go.
If you have to source and research properties yourself, and then they can not provide any additional input besides offering to get
you the lockbox code, then what value are they adding to you?
I think it is unusual for for a broker to give an individual
the lockbox code but thats his issue.
I have dealt with wholesalers on craigslist who gave
me the lockbox code to get in a house.
Yes, if he gave
you the lockbox code you should AT LEAST drive by the property.