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Electronic security system

  • US 5,280,518 A
  • Filed: 08/05/1991
  • Issued: 01/18/1994
  • Est. Priority Date: 10/16/1985
  • Status: Expired due to Fees
First Claim
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1. A method of operating an electronic real estate lockbox system, the system including an electronic lockbox, an electronic key, and a central computer, the method comprising:

  • placing a dwelling key in a lockable compartment inside the lockbox, the dwelling key permitting access to a property listed for sale by a listing real estate agent, the listing agent being affiliated with one of a plurality of local real estate offices, said local real estate office in turn being affiliated with a regional real estate board;

    providing the lockbox with a lockbox identification code;

    providing the electronic key with a key identification code;

    entering a user code on a keypad associated with the key;

    verifying from the user code that the user entering the code is an authorized user of the key;

    relaying data between the electronic key and lockbox;

    unlocking the lockbox compartment to allow access to the dwelling key contained therein in response to the data relayed between the key and lockbox;

    storing transaction data specifying the date and time of the unlocking transaction, together with at least one of either the lockbox identification code or the key identification code, in a memory, said data being in raw numeric form;

    transferring the transaction data from the memory to the central computer, said central computer being located remotely from the local real estate office;

    providing the computer with interpretive data permitting the computer to correlate the key or lockbox identification code to a textual counterpart identifying the key or lockbox, respectively;

    interpreting the transaction data with said interpretive data to produce an interpreted activity report that includes interpreted textual, rather than raw numeric, data;

    establishing a telephone link between the central computer and a remote location; and

    transmitting by facsimile the interpreted activity report to the remote location.

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