The Four Rivers Association of REALTORS® (FRAR) and Austin Board of REALTORS® (ABoR) have partnered in a ‘key reciprocity’ program to allow Central Texas homebuyers greater access to listings across the region. Starting this month, REALTOR® members in both associations will be able to show properties in either membership area.
Barb Cooper, 2015 President of the Austin Board of REALTORS®, said, “The Central Texas housing market moves rapidly, so it’s important that REALTORS® are able to show listings throughout the region quickly and easily. We’re excited to partner with the Four Rivers Association of REALTORS® to provide this new benefit for members and Austin-area homebuyers.”
Typically, homes for sale are secured with a coded lockbox containing the key to access the home, allowing REALTORS® to show a home in his or her membership area without the seller’s agent having to be present. When a REALTOR® needs to show a home outside his or her membership area, arrangements must be made with the seller’s agent ahead of time to view the property.
Through the key reciprocity program, Four Rivers REALTORS® will now have access to properties in the Austin area and Austin REALTORS® will have access to listings in Caldwell, Comal, Gonzales, Guadalupe, and Hays counties. Both associations share the same lockbox technology, which makes the partnership possible.
Frank Hamilton, 2015 President of the Four River Association of REALTORS®, concluded, “The Austin-San Antonio corridor is one of the fastest-growing areas in the country. Of the hundreds of people who move to this region daily, many consider settling in multiple places in Central Texas, so it’s valuable to be able to provide homebuyers with more choices in a wider area. This program is an excellent service for our members of which Central Texas homebuyers will surely benefit.”
What REALTORS® Need to Know:
There is no action required from you. Effective June 1, you may use your Supra KEY to access lockboxes in the FRAR area, which includes Comal, Gonzales, Guadalupe, Hays, and surrounding counties. FRAR members will also have access to lockboxes in our area.
Please note the following:
- If your primary Supra KEY belongs to either ABoR or FRAR, you have access to all ABoR and FRAR lockboxes.
- This partnership does NOT include access to the MLS, nor access to showing instructions, security codes, and property data. As always, only ACTRIS participants and subscribers may access the MLS operated by ABoR. Unless you belong to the FRAR MLS, you will not have access to showing instructions, security codes, or property data in their MLS, and there is no agreement in place for cooperation and compensation among brokers.
- Be sure to check with your broker about how to secure compensation in a transaction outside the MLS.
Should you have questions or concerns, please contact firstname.lastname@example.org or 512-454-7636.