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Sign into your accountConsumer Smart Locks vs. Electronic Lockboxes
August 26 2020
Consumer smart locks and electronic real estate lockboxes both allow access to a home. While these two products may seem similar, they're designed for two distinctly different uses.
Consumer smart locks are becoming more prevalent on homes, especially on properties with higher price points. Many consumers are finding they're a good source of convenience for things such as deliveries, children in the home needing access after school when the parents are at work, or simply avoiding the need to carry house keys.
These products are readily available online, as well as at home improvement stores, and are relatively easy to install. Priced anywhere from $150 to $250, they're an up charge from a traditional lockset. There's no doubt that the number of homes using these products in the future will continue to increase. REALTORS® often ask how this new technology impacts the need for electronic lockboxes.