What is an electronic lockbox?
An electronic lockbox is a box that typically hangs on your front door knob and holds a spare key to your home. Access to the box is electronically controlled to limit access to only those people who possess an active electronic keycard. It is also usually programmed to only allow access to the box during certain times of day. Typically, the local Board of REALTORS is the body that grants and monitors access and use of the electronic keycards. In addition to storing a spare key to your home, the lockbox also records the entry date, time, and ID of the keycard that entered your home, which is handy for security reasons.