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real estate edmonton – Condominium First Pilots New Lockbox Program to Enhance Realtor Safety

real estate edmonton
Calgary, AB (PRWEB) June 14, 2012

Condominium First Management Services Ltd., a FirstService Residential Management company and Alberta?s leading condominium management company, recently joined the Calgary Real Estate Board (CREB) in a pilot program to improve safety for Realtors.

The program addresses the problem of Realtor lockboxes that are located in unsafe areas, such as the rear of buildings. Lockboxes are often located away from the main entrances to apartment buildings for aesthetic reasons, as a row of lockboxes at the front door is considered unsightly. ?This can cause onlookers to wonder why so many units are for sale, or assume that there is something wrong with the complex,? says Roger Davies, VP Business Development and IT at Condominium First.

Unfortunately, however, locating the lockboxes in out-of-the-way areas can be dangerous for Realtors. In 2011 a Calgary realtor was attacked while opening a lockbox located at the rear of a building.

June is Realtor Safety month, so CREB asked Condominium First to select one of the condominiums it manages to test a new, safer lockbox system. The new system has been used in British Columbia for several years with great success. It involves a single lockbox, installed in a discreet location at the front of the property, containing a key or electronic entry device that enables residents and Realtors to enter the building. A second box is located at the unit for sale.

Condominium First chose Vantage Pointe, a 355 unit apartment complex in the Beltline area of Calgary, as a good candidate to test the lockbox system. Previously, the building used multiple lockboxes to market available units. Now, only one lockbox remains.

According to Davies, both the management company and the board of directors of Vantage Pointe were pleased to participate in the pilot because it makes the building safer for both realtors and residents.

?We are always looking for ways to be proactive and improve safety at the properties we manage and are happy be a part of this project,? he said.

The new program benefits residents as well, he noted. The property looks better, units for sale are safer and buyers can be confident that they are buying in a building where management is committed to safety.

CREB presented Condominium First with a Certificate of Appreciation for participating in its realtor lockbox program. The plaque was accepted by Condominium First Community Manager Cynthia Macfarlane at a press conference at Vantage Pointe in early June.

About Condominium First Management Services Ltd.:

Condominium First has been a leader in the Alberta condominium property management industry since 1974. With offices in Calgary, Canmore, Edmonton and Fort McMurray, the business has earned the management of a large portfolio of select condominium corporations, community associations and rental properties. Today they are recognized as one of the most innovative and successful condominium management companies in the industry.

Condominium First is a subsidiary of FirstService Residential Management (FSR). FSR is the largest manager of residential communities in North America, overseeing more than 5,600 properties and over 1.3 million residential units.

FSR is a subsidiary of FirstService Corporation (NASDAQ: FSRV, TSX: FSV), a global leader in the rapidly growing real estate services sector, providing a variety of services in commercial real estate, residential property management and property services. More information about FirstService is available at http://www.firstservice.com.


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