A lockbox holds the key for a house that is on the market. The lockbox is a padlock or rectangularly-shaped box that generally hangs around the doorknob of a house that is on or about to be on the market. The box provides communal access for real estate agents, while continuing to keep the home secure. Permission is generally required from the seller, who is the owner, to install a lockbox.
Newer versions of real estate lockboxes operate in tandem with mobile devices, incorporating logging and remote control and configuration. They replace older lock boxes that were secured either with a manual key, a security code, or a swipe card.
Starting in 2022 SentriLock, the official lockbox partner of NVAR, will no longer use key cards for lockbox access. From 2022 and beyond SentriLock will be using Bluetooth and app based technology to operate.