Real Estate

The Tell-Tale Signs of a Good Realty Agent in Mexico

Finding and working with a reliable local real estate agent can pay long-term dividends when it comes to investing in Mexican property

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Finding and working with a reliable local real estate agent can pay long-term dividends when it comes to renting, buying, and selling property in Mexico.

When you’re scouting for a home here, you’ll need to undertake some research to learn about the location and the locale, the market and the procedures and requirements for property rental and purchase here.

The internet is the ideal starting place, and the aid of a detailed local map (Google Maps covers Mexico very well) will also help you to get a visual impression of the terrain, the landscape, and the transport connections which lead to and from your short-list of locations.  Google’s Street View feature is also helpful.

Mexperience guides to renting as well and buying and selling are excellent sources of local knowledge, and you can also browse all the latest articles about real estate for additional insights.

Once you choose a location to live in, getting to know the area intimately is a critical aspect of your planning work.  If you have years to plan, then perhaps a few visits —including some extended stays locally— will help.  We have always suggested to our readers that renting for a time in areas you don’t know is more prudent than jumping-in with a property purchase right away.  Rents in Mexico are affordable and renting enables you to get a feel for the area before you make a substantial property purchase—and take on board all the commitments which accompany it.

When you finally decide to move to a particular locale in Mexico, consider spending some time looking for a good, well-established, local realty agent in the area.  Agents don’t have to be licensed in Mexico, but many are a member of AMPI, the Asociación Mexicana de Profesionales Inmobiliarios or other, regional realty associations.  Agents who are members of these associations receive training and certification, and abide to a certain code of ethics, but note that association is not a form of guarantee or insurance and an Agent’s association does not afford buyers or sellers any protection in the event of mishaps beyond those already afforded by law.

Good local realty agents in Mexico will:

  • have lived in the area for some years;
  • know the local market, the terrain, the neighborhoods, and the local highlights;
  • be prepared to be upfront with you about any local issues and low-lights, helping you to make informed choices;
  • be willing to help you to find a rental home or AirBnB for an extended stay in the area before you commit to a purchase;
  • provide references from other clients they have worked with to attest to their local knowledge, experience, and service.

Properly established realty agents might also connect you to houses not generally advertised for sale, or homes which have only recently come to market but which have not been well publicized.  They’ll also be able to rent your house when you’re not there (ideal for part-time residents), help you to make the move to Mexico with connections to reliable local service providers, and later on they may also help you to sell your home.  A good working relationship with a professional and experienced local realty agent can last for years and pay long-term dividends.

For a detailed guide packed with tips and local knowledge, read the Mexperience guide to Realty Agents in Mexico.

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3 Comments

  1. There aré other asotiations in Mexico, in Quintana Roo state there is AMII, Asociación Mexicana de la Industria Inmobiliaria, that has been accepted by NAR, American National Asociation of Realtors, where you will find also very good Profesional Realtors, reliable and well prepared. Also Quintana Roo State has stablished a mandatory license to be able to work as an agent in the state.

  2. Jay says

    Please be informed that no license is required in Mexico for realtors or agents. Consequently, a wide range exists in skill, ethics, experience among realtors.

    • James says

      Jay,

      It’s true that most Mexican states don’t require licences, but as Gabriela said above, this is changing and associations here are aligning themselves with US equivalents, and sharing knowledge with the aim of improving the way business is conducted.

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