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New Product Provides Home Sellers Control Over Use of Key When Agents Utilize Lockbox for Access

Article Editor: Christopher Simmons

Innovative Design Provides Greater Privacy and Security for Sellers

PHOENIX, Ariz. - December 8, 2004 /Send2Press Newswire/ -- A new product, designed for use with real estate lockboxes, will go a long way toward helping sellers ease their worries about agents having access to a key to their home. The developer, Ribet LLC (www.gotalockbox.com), identifies the product as a "L.I.F.E." Sentinel System(tm) an acronym for Lockbox Intervention Forbids Entry. This device is easily placed on the shackle of the lockbox by the resident as needed.

Its presence intervenes between the lockbox and the agent's electronic lockbox key, and notifies agents not to use the house key stored in the lockbox.

Instructions for showing and use of the lockbox are normally provided in the listing information, but occasions can arise when an agent will use a key from the lockbox thinking no one is home, serving the seller with an unexpected entry.

With L.I.F.E., such unexpected entries by agents with buyers are now a thing of the past, and sellers can step out of the shower without fear of not having heard a doorbell warning of visitors.

Worrying whether this sort of unexpected entry might occur can cause the seller additional stress during the process of marketing the home. To avoid such a situation, the seller can quickly and easily insert one of the L.I.F.E. Sentinel System(tm) Alert Cards on the lockbox, informing agents that the key is not to be used at that time.

A pocket that hangs from a doorknob inside the home provides a handy storage place for the Alert Cards, and reminds the seller to remove the Alert Card from the lockbox when leaving so that normal showings by agents will resume.

According to National Association of Home Builders, annualizing the existing home sales for 2004, there will be approximately 81,000,000 existing homes sold in the United States this year. At any given time electronic lockboxes are installed on probably millions of homes across the United States. Real estate professionals have used various types of lockboxes for more than 40 years to secure residential keys on properties listed for sale. Lockboxes eliminate the need for showing agents to "track down" the listing agent for entry, and allow agents quick, easy access to the home's key.

However, many instances arise when the resident comes home early from work sick, or is running late getting ready to leave the home and not yet prepared for the agent and buyers to enter. With the "We're Home" Alert in place, access is denied.

In addition to the Alert saying, "We're Home," the L.I.F.E. Sentinel System(tm) offers notices regarding pets that may be loose, alarm systems that may need to be disengaged, day sleepers and others.

The developers, Betty and Richard Pfeiffer, have been Realtors(R) for a combined total of 40 years and realized the residents of a home for sale want, and need, greater control over the use of the key in the lockbox. The L.I.F.E. Sentinel System(tm) now provides sellers, and tenants in property for sale, that control.

While the Pfeiffers believe that the most effective use of the L.I.F.E. Sentinel System(tm) is directly on the lockbox, conventional door-hanger Alerts, called "Extended L.I.F.E.", are available for times when inclement weather or physical limitations make placing the Alert Cards on the lockbox inconvenient.

L.I.F.E. Sentinel Systems(tm) have a very affordable introductory price of $4.95. They are not yet available in stores, but may be ordered from Ribet LLC, toll-free 866-99RIBET (866-997-4238) or on-line at www.gotalockbox.com.

Organization Website: www.gotalockbox.com
Source of News: Ribet LLC

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