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• Dec. 25, 2007 - Sellers Beware! Is your home being shown with out an agent?

Seller Beware!

Unfortunately the real estate industry has a real problem.  Real Estate agents are giving lock box codes out to people without licenses to view vacant homes. 

This is not the way a real estate agent is suppose to practice. 

     1.  Make sure your agent will attend all showings with purchasers not represented by another agent.

     2.  Ask your agent their office real estate agent showing verification process.
              A.  Does the office require all real estate agents showing property to give a license ID number?
              B.  Does the office require the office to verify the license number with the state for accuracy?
              C.  Does the office require the showing agent to leave 2 telephone numbers?
              D.  How does the office verify these numbers are correct?
     3.  At what point is the lock box code to your vacant home released?

Why?  The real estate agents that are giving the lock box codes out with out proper verification procedures are at risk of causing theft, physical harm and more.

Our offices uses a system called "BookAShowing".  Only State of Michigan licensed real estate agents with a membership to the Flint Area Association of Realtors can use the system.  Our office knows the person setting the appointment is licensed and accountable.  Please see www.bookashowing.com for more information.

Out of area agents must give license number, office telephone number, office address and the agents direct number.  We then verify the license on-line, match all numbers with names, call the office if open, then the agent.  We are always looking for ways to improve the system, any ideas, please let me know.

I would like to do away with push button and dial boxes.  They are not the safest tool available.  Companies now make lock boxes that must be opened electronically.  When the lock-box is utilized an email and/or text message is sent to the listing agent.  This alerts the listing agents that someone is viewing the home.  The seller can get a full report as well.  The Flint Area Association of Realtors did have this type of service at one time, agents complained because there was an extra item that had to be carried.  It wasn't the best system, now the systems are much improved.

Any ideas to help secure homes and make showing safer is more than welcomed.

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• Jan. 2, 2008 - RE: Sellers Beware! Is your home being shown with out an agent?

Posted by Steve Graham

I was wondering are you trying to SCARE everyone (the public) to list and use you. Because you make this sound like YOU are the only one that has bookashowing. And you make it look as if EVERYagent and broker is doing this, and thats to bad for you.As far as the electronic lock boxes go it just wasnt  just an extra thing to carry,it was they did not work half the time (mostly winter) and the extra cost per year per agent, and the cost for the lock boxes themself. If I recall right the lock boxes were appox. $90.00 EACH PER YEAR, and the key was appox. $ 90.00 PER YEAR. This is ok if you only carry a couple of listings at a time,plus you aways had to call 800 # to use your key(the whole thing was a joke).

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• Jan. 2, 2008 - RE: Sellers Beware! Is your home being shown with out an agent?

Posted by Angie Ridley

Thanks for posting Steve.  Unfortunately, real estate agents, rather using BAS or not, are giving out the lock box codes.  That is a fact. 

Yes, supra was difficult, however, new lock boxes have changed.

From what I understand when the Michigan Association of Realtors makes the Realtor community go to picture cards with bar code on the back, we will be able to purchase boxes that except the swipe.  The box will then email the agent and seller that the home was entered with various information.  This was discussed at the Michigan Association of Realtors conference.

Right now, we can't be too safe.

Again, thanks for the post.

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• Jan. 2, 2008 - RE: Sellers Beware! Is your home being shown with out an agent?

Posted by Angie Ridley

Steve, I tried to find your blog, send me link please.  I love to share info!

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