Enhanced Keybox Security for Condominiums
REALTORS® know that you want as many potential buyers as
possible to see your home so that you can obtain the best possible
price in the shortest possible time. We also know that the security
of your home throughout this period is of paramount importance.
Having your REALTOR® install a secure Keybox addresses
both of these requirements: your home can be securely accessed by cooperating REALTORS® even when your own REALTOR® is not available.
The REALTORS® of Greater Victoria have been working to
further enhance the security offered through our electronic
Keybox system. We have developed new, super-tough Keybox housings
for permanent installation at condominium complexes. One Keybox
housing is installed at each condominium complex and encases
the regular Keybox, thus providing the key inside with double
protection.
This super-tough Keybox housing only contains the key to access
the building -- not the key to your suite. The key to your suite
is contained in a separate Keybox inside the building at your
suite door. This video explains how the new system works.
 In April, 2008 Victoria’s A-Channel TV station featured a news report on Keybox security concerns at a condominium complex. The news story explained how the Victoria Real Estate Board’s enhanced Keybox housing has been developed to address such concerns. You can see the news story here.
We are now working with property management companies and strata
councils to have our new Keybox housings installed at condominium
buildings throughout Greater Victoria. If you would like your
condominium complex to enjoy the additional security our new
housings can provide, please have your strata council or property
manager contact us for more information.
Improving Access to Information for Buyers of Strata Units
During the process of selling strata properties in BC, the
Strata Property Act requires that a number of official documents
relating to the strata unit for sale and the strata complex
in which it is located be made available to the prospective
buyer. One of the services your REALTOR® provides is to
collect these documents from the property manager or strata
council, vet them and make them available to you.
 Traditionally, this has been a slow process due to the amount of paper the property manager or strata council must gather together, copy and then provide to your REALTOR®. Recognizing an opportunity to both speed up this process and improve the accuracy of the documents being provided, the REALTORS® of Greater Victoria spearheaded the development of a web-based document repository called StrataDocs. StrataDocs allows property managers and independently-managed strata complexes to accumulate and store their strata documents as they are created. REALTORS® representing prospective buyers can instantly locate and purchase these documents and make them available to their clients online. Prospective buyers are thus able to immediately inform themselves about matters pertaining to the strata and in turn make their offers to purchase more quickly. This video illustrates how the StrataDocs system works
StrataDocs is the first product of its kind in BC and is attracting
the interest of real estate boards throughout the province.
Property managers and independently managed strata complexes
are invited to contact us for information on how they can join
the StrataDocsprogram and immediately reduce the administrative
burden they bear in making strata information available.
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