Agent2Agent in Tucson>Question Details

John Armbrus…, Real Estate Pro in Tucson, AZ

For a new agent, how many lockboxes should I buy to start out? Also, since I know people in the Phoenix area, too, do I need to buy a few for there?

Asked by John Armbruster, Tucson, AZ Mon Mar 18, 2013

In other words, are the lockboxes universal or are they city specific?

Also, any advice for a new agent? I'm starting will Keller Williams on Wednesday.

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Answers

15
Lockbox are universal and you can buy them as needed. One or 2 is plenty in your drawer. The more listings you have the more you can buy.
1 vote Thank Flag Link Tue Apr 23, 2013
John,

Congrats on your recently achieved RE license. My recommendation for any new agent is to be "conservative" with everything you do. There is a tendency for "newbies" to try to take on and do too much initially.

Seek a mentor....even if your company doesn't embrace this concept, try reaching out to find someone you can connect with on your own. Too many agent "throw in the towel" within 3-4 years and indicate the reason being the lack of real support......

Lockboxes? Start with a few....3-5....if you need more, you can always go back to the well later!

Best wishes,

Bill
0 votes Thank Flag Link Fri Apr 11, 2014
I recommend purchasing two, John. Since money is often tight the first few years, you could start with one, and add as you get listings. Do you plan to work in both the Tucson and Phoenix markets? Typically, agents join one MLS and refer listings out to a preferred agent in the city they don't live in. There is so much to learn, and it is easy to get in hot water if you try to work an area or type of listing you are not very familiar with. With the price of gas, you will find the referrals pay!

Best of luck out there.

Kat Tyree, Associate Broker
Tierra Antigua
0 votes Thank Flag Link Fri Apr 11, 2014
Lockboxes are universal, as they can be changed at anytime to the code you need. As you get more listings, you should buy more lockboxes. Visit PPMaterials.com for numeric and alphabetical lockboxes at the most competitive prices.
0 votes Thank Flag Link Mon Apr 7, 2014
You should probably wait until you have a listing appointment. Excellent answer below, you should concentrate on advertising and marketing first
0 votes Thank Flag Link Tue Apr 23, 2013
John,

Congratulation on your new career at Keller Williams.

As you grown your client pipeline please use me as a resource for financing needs and questions if you do not have a lender of choice as of yet.

Best of luck!
0 votes Thank Flag Link Tue Apr 23, 2013
I would wait until you have a listing or at least an appointment to buy.

Depending on the type of listing, you may want/need different types. For example, in my area a lot of agents use combo boxes for rentals, which you can buy at a hardware store. For sale listings, we use Supra lockboxes which are much more expensive and you have to buy through your Realtor association (unless you can get a used one, but you typically have to have it assigned to you).

When I started out I bought 1 Supra and 1 combo, but I also had listings almost immediately. I buy more as needed because as I sell/rent I cycle the boxes.

I'm not sure about the other city question. It would depend if your Supra works in that area or if you are talking about combo boxes.

I wouldn't stress over lockboxes. Focus on marketing, generating leads, gaining exposure and getting clients/listings. Things like lockboxes will work themselves out as you go.
0 votes Thank Flag Link Wed Mar 20, 2013
Hi John

I would not buy a lockbox till I get my first listing. You have combo lockboxes at home depot. But you must also check with your new office if they have rules and regulations on what to use. Here we have supra lock boxes and those are digital . I would recommend you wait and ask your office.
Good luck for your start
0 votes Thank Flag Link Tue Mar 19, 2013
John,

Buy them as needed. Contact your Board of Realtors and see if they have any used ones for sale at a discounted price. Operate on a very conservative budget until you have your pipeline built. Think out of the box and search for the FREE opportunities to gain experience. There are tons of free webinars offered online. Learn about all the FREE resources that your Board of Realtors offers.

Best wishes!

Fred Strickroot
HomeNet
Lic. Florida Real Estate Brokerage
(Contact Through Trulia Profile)
0 votes Thank Flag Link Tue Mar 19, 2013
When I started I bought 5 and they were gone in no time. How does that go--believe and they will come? Today I have more than 60 lockboxes...may you one day as well. Wishing you the best of luck in your new career.
0 votes Thank Flag Link Mon Mar 18, 2013
I would buy them as needed unless you strongly feel your pipeline will be busy right off that bat. Needing more lockboxes is a good thing but having too many sitting around can be bad.
0 votes Thank Flag Link Mon Mar 18, 2013
Hi John,

I would recommend you a grab at least two, but it depends if you plan on being a buyer's agent or listing agent or combination of both. if you plan to list start with the amount you can afford and think you will need until your inventory grows.

In MD we use a electronic Sentrilock box to help track who is entering the homes for the agent and you can provide a report to your seller as well. These are more expensive or you can get a couple of lockbox combos for about $10 each until you are ready for more. they do the trick as well.

Good luck
0 votes Thank Flag Link Mon Mar 18, 2013
Well number one welcome to the worlds largest Realty Company and the best. It is a great place for a new agent to learn and prosper. That said, the best way to learn the ropes is to join a Team and that way you can have a direct mentor. To go it alone can be a little tough to get things rolling.
As for lock boxes; three to six would be a good start. Phoenix requires a Phoenix box and supra keycode. I am also a member in Phx through SEVAR as I lived up there for 26 years. But you can also refer to a KW agent up there till you see if there is enough business up there to pay your costs. Hope that helps and I am available to you to talk to Ric Mills. Good luck http://www.thedanadlerteam.com
0 votes Thank Flag Link Mon Mar 18, 2013
John,
You can buy them as you need them. I would probably have at least one on hand but buy the others as you need them. If money is tight from all the fees to become a member I would ask to borrow one from your broker or colleagues. I personally have thirty that my agents can borrow it is part of my company benefits.
For the ones in Phoenix you would need to buy ones for up there. That is if your broker allows you to work in that area if it is not an area of your expertise they should not allow it. You and broker would also have to be part of that MLS in order to place it on the market for the area. I would recommend just getting a referral.
You said that you have chosen a company to work for you might want to have this discussion with them.
0 votes Thank Flag Link Mon Mar 18, 2013
*starting with...haha. My bad.
0 votes Thank Flag Link Mon Mar 18, 2013
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