Property Owners: Smart Key Locks - Little Changes Save Lots of Money
Dear D&M Management Property Owners:
There is new technology available for better securing homes and keeping future costs down to a minimum. D&M Management of Post Falls, Idaho will be changing over to new locking door knob and deadbolt sets known as the Kwikset Smart Key series locks. The change over will begin March 1st and will take place as tenants vacate properties.
These new locks allow us to re-key your homes as needed without the costs of either changing door knobs or having a locksmith go to the property and re-keying all doors. Currently, when tenants do not turn in keys, we order a re-keying of the home. This entails a locksmith as well as a D&M Management employee, which means you are bearing the burden of two expenses ($110 - $150). With the Smart Key locks we are able to re-key each lock quickly and easily without having to change door knobs. The only cost you will incur is the primary cost of the lock sets (approximately $130 - $200 per unit) and then a minimal cost between tenants to complete change process (estimated at 30 minutes).
In the past, if tenants do turn in all of the required keys, we have not required a lock change. However, this does not account for copies made by tenants without our knowledge (extremely common). For this reason, to better secure the home for both you and the tenants, a lock change should be completed between each tenant. The Smart Key System is a logical and affordable security we are now able to offer.
You will recoup the costs of the Smart Key System by the 2nd-3rd tenant. With each additional tenant you will be saving approximately $80 - $120 per tenancy.
If you have any questions about the Smart Key System, please feel free to call us, email us or visit the Smart Key website at: kwikset.com/smartseries.
Filed under: For Investors, property management | Tagged: D&M Management, lock changes, property management, smart key
