Listing a property brings with it more than just an opportunity for a sale. You acquire a responsibility and the obligation to see that access is managed so that the property is secure and protected.
Release of keys to individuals such as other agents, appraisers, maintenance services, etc., is a common occurrence in a real estate office. And, in a busy office, handing over the keys can be done hastily and without questions or identification.
To avoid potential problems, follow a prudent policy of knowing who has received keys and been granted access and when the keys are to be returned. A sign-in sheet and copying the recipient’s driver license can yield that ounce of prevention against pounds of trouble later on.
This article came from the October 2008-Vol39-2 edition of the bulletin.