Hello everyone. This is Juan Carlos Gastelum. I have over 30 years of real estate experience in Mexico. Recently on the Bigger Pockets forums a thread got a bit heavy on Mexican listing agents and how they operate. I wrote this short note on Mexican realtors: (sic) There is no central regulatory board with realtor oversight in Mexico. The best attempt on this comes from the private sector through AMPI (Asociación Mexicana de Profesionales Inmobiliarios, A.C. or Mexican Association of Real Estate Professionals); this is a long standing non-profit civil association that has pressured for licensing requirements for years. To no avail. Agents, realtors, appraisers, mortgage-lenders, and many more can join AMPI. AMPI in turn offers many perks for their paying members; including courses and certifications. For newbies in Mexico your best bet is to get the assistance of a well known real estate firm, (i.e. KW, Century 21, and Remax, to name a few) coupled with a reputable real estate attorney. I would strongly emphize this if buying into communal property (i.e. ejido) or through trusts (fideicomisos). Tip: When doing title searches, go back at least 20 years. That’s it for now. Best wishes on your real estate journey, and God bless!
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