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02-04-2008, 06:17 PM
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Senior Member
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Join Date: Jun 2007
129 posts, read 111,142 times
Reputation: 24
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Question For Real Estate Agents
Hi, I was interviewing a real estate agent and she told me she does not put on a lock box. She comes with the buyers agent to show the house because she is more knowlegable about my house. I never heard of such a thing and Im afraid that will turn off buyers agents. Did you as a real estate agent ever do this or deal with a house you where showing and the listing agent wanted to come along. Thanks Mindy
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02-04-2008, 06:43 PM
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REALTOR
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Join Date: Jul 2007
Location: Nashville, TN
1,147 posts, read 795,131 times
Reputation: 745
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I personally don't like the listing agent present when I'm with buyers at a house showing. Additionally, you have the potential to lose potential buyers if they want to see your house at a time that is not convenient for the listing agent to be there. The only exception I have to this is if the seller requires that their listing agent be present at all showings. This is not unusual on multi-million dollar houses but doesn't usually happen with most houses.
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02-04-2008, 07:21 PM
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Real Estate Agent
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Join Date: Oct 2007
Location: Gilbert - Val Vista Lakes
2,225 posts, read 1,732,908 times
Reputation: 887
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It will be up to you to decide if you want a lock box on your home. There should be a check box on the listing agreement that you check to either authorize a lock box or to deny authorization. Your agent may not be available everytime a buyer wants to see your home, so the home wouldn't be seen.
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02-04-2008, 07:40 PM
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Member
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Join Date: Jun 2007
68 posts, read 90,551 times
Reputation: 38
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That sounds wierd to me...I certainly know I wouldn't want to work around another agents schedule...I'll show my buyer the other 400 properties for sale.
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02-04-2008, 07:54 PM
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Real Estate Agent
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Join Date: Dec 2007
Location: Virginia Beach, VA - 1978 to Present
126 posts, read 151,319 times
Reputation: 36
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I personally think that the lockbox (and its MLS) is by far the most important tool when it comes to selling a house.
-Mark
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02-04-2008, 08:40 PM
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Real Estate Agent
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Join Date: Jan 2008
Location: Easley, SC
276 posts, read 196,653 times
Reputation: 40
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I agree with the lockbox. You have to show when it is convenient for the buyer. In SC you can register your lockbox so that you are notified when an agent has entered the property. I would suggest that they make an appointment and you would know when it is being shown. Good Luck!!
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02-04-2008, 09:24 PM
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Senior Member
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Join Date: Sep 2007
589 posts, read 605,965 times
Reputation: 74
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I agree with all that has been said. I know that when I make showing appointments I give an hour window. Is your agent going to sit there for an hour waiting for me to show up? Plus, many buyers might feel uncomfortable with the listing agent there, a bit too formal. It is totally up to you as the seller whether a lockbox goes on the door but I think having one will be more of a positive feature than a negative. Your agent can always do a detailed follow up call to the buyer's agent with the specifics on your home and try to work his/her magic that way. Good luck to you.
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02-04-2008, 09:38 PM
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Real Estate Agent
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Join Date: May 2007
Location: Palm Coast, Fl
2,010 posts, read 1,626,473 times
Reputation: 645
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It's up to the seller's listing with me if they want a lockbox or not. And they can specifically request the mls box that registers any agents using the box or they can request a generic box that will allow agents from out of town to use it. It's up to the seller.
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02-05-2008, 12:28 PM
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Real Estate Broker
Status:
"If you find yourself in a hole, quit digging."
(set 18 days ago)
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Join Date: Jul 2007
Location: Mountain Ranch, CA The heart of Calaveras County
2,494 posts, read 2,130,089 times
Reputation: 990
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Have both!
I like to help other agents show my listings because Next to the seller, I know more about it than anyone else. If the buyers agent doesn't want me around, that's fine. I usually just make myself available and trail behind or hang out on site if any questions come up. If the buyers agent wants me to do the presentation, that's fine too.
I consider this a part of the full service I offer my sellers
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02-05-2008, 12:45 PM
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Real Estate Marketing Consultant
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Join Date: Jan 2008
Location: Barrington
4,296 posts, read 2,263,150 times
Reputation: 1866
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Lock boxes are the standard in my area. The exceptions are usually high end homes or owners who prefer business be conducted the way it used to happen.
Agents tend to by-pass those average priced listings that require an agent accompany in my area because both sides are pumping the other for motivation.
If it is not common in your area, I would avoid it.
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