RISMEDIA, May 9, 2008-SentriLock, a provider of electronic lockbox solutions for the real estate industry, announced that it has entered into agreements with the Honolulu Board of Realtors®, the Chicago Association of Realtors and six neighboring suburban associations, as well as six boards and associations in the greater Denver area. As a result of these agreements, more than 50,000 real estate professionals will begin using SentriLock electronic lockboxes over the next 90 days.”We are extremely proud to have recently been selected by these boards and associations in Illinois, Denver and Hawaii, and it fulfills our mission of partnering with the industry to deliver a smart lockbox solution with the features real estate professionals want,” said Scott Fisher, president of SentriLock. “In just five years, the SentriLock family has grown tremendously to now include 200,000 real estate professionals and 180 boards and associations throughout North America using the Realtor® Lockbox solution.”
According to the company, unlike any other lockbox system, SentriLock’s Realtor Lockbox contains “smart” technology (such as an electronic keypad) built into the box and combined with smart-card technology. Using SentriLock’s smart-card technology, real estate professionals open the lockbox using their personal SentriCard®, a hotel-card-sized electronic access key. As a result of this unique use of smart technology, all lockbox settings and showing information are Web based and can quickly and easily be managed online by agents.
As just one example, the Realtor Lockbox ‘one-day code’ feature even allows non-SentriLock users – such as agents from outside the area, contractors, and appraisers to name a few — to have limited but secure access to the lockbox when a one-day code is authorized by the listing agent.
SentriLock’s lockbox solution is built upon the SentriCard and is an ISO 7816 compliant smart card. Unlike their credit card counterparts, smart cards utilize an embedded chip that contains the security data for the lockbox system. This chip is immune to magnetic fields and employs tamper detection logic and circuitry. These high-security devices use 128 bit encryption technology, ensuring the cards cannot be copied or altered by unauthorized means.
At the National Association of Realtors 2008 Midyear Legislative Meetings & Trade Expo next week in Washington, D.C., SentriLock will demonstrate Realtor Lockbox NXT, the recently launched, next generation in lockbox technology. Designed to be customized to meet the needs of any association or board, Realtor Lockbox NXT features an array of advances designed for the diverse lockbox needs of all real estate professionals.
For more information, visit http://www.sentrilock.com.