[dempsey]

I know very large REITs that use Kwikset Smart Keys. They have a dozen keys and just reset to a different of the dozen after every move out. Tens of thousands of homes and never had a problem. It’s security through obscurity. Plus locks are easy to break/bypass for someone that’s motivated to do so. It’s the casual crime of opportunity that you can guard against.

[__sy__]

Are you referring to smart locks with unique codes or the Kwikset solution that consists of pulling out the cylinder and putting a new one in?

[kevin_thibedeau]

SmartKey is a mechanical lock that is rekeyable without removing the cylinder. You unlock with the old key, insert a tool to release the internal wafers, then insert the new key and it repositions the wafers to match the key.

[__sy__]

oh right! Yeah it's pretty neat actually (for anyone interested[1]). Unfortunately, it does require physical presence/labor (i.e. $$$) by whoever has the master reset tool. For Airbnb's or even self-tours, that's kind of a non-starter.

[1] https://www.youtube.com/watch?v=p5MQz3JjZl8&ab_channel=Kwiks...

[dempsey]

When you perform a move out or move in inspection, you change the key. It's super easy. The reset tool can fit in your wallet or glove compartment. It's a big change versus having to change the cylinder as in the past. Having to manage a load of electronic locks is likely more costly. Again, this is long-term rentals not short-term.

As for self-tours, they make electronic lockboxes. They've been around forever and used by every MLS.

[__sy__]

I'm not going to try to convince you that key-exchanges are bad for short-lived visits (whether electronic lockboxes or not). We just know from experience doing millions of these for a large company that this is very problematic at times and you're better off with a remote controlled solutions that doesn't involve anyone having any physical key.

[dempsey]

I'm not arguing with you. I'm referring to long-term rentals. Your initial post doesn't make such a distinction.

[EricE]

Nope - as Kevin points out all you need is a new key and their tool that basically "blanks" the lock, then the next key you insert resets the lock to operate with that key. It's pretty slick.