Popular Estate Agencies
Some popular estate agents in Mexico include:
- RE/MAX México
- Engel & Völkers Mexico
- Remax Playa del Carmen
- AMPI (Mexican Association of Real Estate Professionals)
- C21 Mexico
Qualifications and Licences in Mexico
Estate agents in Mexico must be licensed by the National Association of Real Estate Professionals (Asociación Nacional de Profesionales Inmobiliarios, or ANPI) to legally operate in the country. They must pass the National Exam for Real Estate Professionals and complete continuing education courses to maintain their license.
Breakdown estate agent fees in Mexico
Estate agent fees in Mexico can vary, but typically, agents will charge a commission based on the sale price of the property. The standard commission rate is around 5% to 7%.
Other Ways of Finding Property for sale in Mexico
In addition to estate agents, property for sale in Mexico can be found through various resources, including:
- Property websites such as Vivanuncios, Lamudi and Inmuebles24
- Online expat forums such as Mexico Expat Forum
- Local newspapers and magazines
- Word of mouth through recommendations from friends and acquaintances.
The Use of a Buyer’s Agent
The Use of a Buyer’s Agent is not common in Mexico, but it is possible to hire a licensed real estate agent to represent your interests during the buying process. The fees for a buyer’s agent are typically negotiable, but it is typical for them to charge a flat fee or a commission based on the sale price of the property.
Organizations for Foreign Property Buyers in Mexico
There are several organizations that offer support and resources for foreign property buyers in Mexico, including:
- AMPI (Mexican Association of Real Estate Professionals) – https://ampi.org/
- Mexican Association of Real Estate Professionals of the Riviera Maya – https://www.ampirivieramaya.org/
- Mexican Association of Real Estate Professionals of Cancun – http://ampicancun.org.mx/
- Mexican Association of Real Estate Professionals of Puerto Vallarta – http://ampipv.com/