The newswire reported today that SentriLock, a leading provider of electronic lockbox solutions for the real estate industry, has entered into agreements with the Honolulu Board of REALTORS®, the Chicago Association of REALTORS® and six neighboring suburban associations, as well as six boards and associations in the greater Denver area. As a result of these agreements, more than 50,000 real estate professionals will begin using SentriLock electronic lockboxes over the next 90 days.
SentriLock’s lockbox solution is built upon smart card technology (like a hotel key) rather than the e-Key technology used by compeitior GE Supra. Interestingly enough, agents will now be able to diverisfy their cell phone handsets away from the Palm Treo in these areas and begin to adopt the superior Blackberry or iPhone product. The Treo had been the smart phone of choice for REALTORS because it opened the Supra Lock Boxes.
Agents using Sentrilock can also program a ‘one-day code’ feature to allow non-SentriLock users – such as agents from outside the area, contractors, and appraisers to name a few — to have limited but secure access to the lockbox when a one-day code is authorized by the listing agent. All lockbox settings and showing information are Web based and can quickly and easily be managed online by agents.