years, almost all lock box locking mechanisms were opened through a combination of letters or numbers, although lock boxes that open electronically, known as Supra lock boxes, are now common. Inspectors may need to know how to operate them.Inspectors should take the time to ask about the lock box location when scheduling the inspection for an unoccupied property. Commons locations include:
The combination lockbox was the primary choice for listing agents for many years.
Cons of using combination lock boxes:
Supra Lock Boxes
Also called electronic locks, these lock boxes are opened by a portable keypad that emits an infrared signal. Inspectors can lease an electronic keypad by joining their local Board of Realtors as an affiliate. Some boards require affiliates to obtain a Call Before Showing (CBS) code from the listing agent, although requirements for this code vary by Multiple Listing Service (MLS) jurisdiction. Supra lock boxes are manufactured by General Electric (GE). Although they were introduced relatively recently to the inspection and real estate industries, they are now common across most parts of North America. Supra lock boxes are generally considered to be more secure than traditional combination lock boxes.Cons of using Supra lock boxes: