How to become a Real Estate Agent in Mexico

JANUARY 2021 - It's been nearly 6 months since we have moved to Mexico and I am proud to announce that I have just become a local Mexican Real Estate Agent! I've been working professionally with Real Estate for 10 years. I also hold over 15 years of experience in Design and Building.


The past 6 months that we have spent waiting for our van has been a time to reconnect, focus, and dream of our future. I decided to tie all of my passions together by becoming a Real Estate Agent in Mexico!


Over the last 6 months, I have travelled all over Mexico, learning Spanish, visiting popular destinations, creating Real Estate tours and capturing architecture. I am excited to see what the future holds and am excited to introduce...


Serendipia Real Estate Mexico!



INTRODUCING SERENDIPIA REAL ESTATE MEXICO!



Becoming a real estate agent in Mexico presents a few hurdles for people who aren't citizens of the country, but it isn't a task that's impossible.


An interesting fact is that selling real estate in Mexico, unlike the US, Canada and most other developed countries, does not require licensing. Some would say that becoming a real estate agent in Mexico is only half the job of one in Canada or the US. This is True and False, I like the way that Mexico deals with the situation.


All real estate sales must be approved by a notary public before they are valid and can be processed by a lending institution or governmental office. Notary's in Mexico are like your Lawyer or Law enforcement. Mexico is extremely corrupt and the lawyers play a big part in this role of corruption.


After the notary reviews the title and contract, it is filed at the Public Registrar for Property, and the deal is closed. Similar to how you would finalize a sale in America. All of the documents and purchase agreements are sent to and reviewed by each parties lawyers. Then returned and filled with their local districts public records.



Mexican Federal Public Registry The sale of both residential and commercial property must be recorded with the Federal Public Property Registry office. The sale must be reviewed and cleared by a Public Notary. Clear title and ownership is not legally recognized until all paperwork is filed with this governmental agency. All information becomes public record after filing. Certificates of encumbrances or liens are also filed at the Federal Public Property Register office, and are public record.

Real Estate Agent Responsibility No responsibility exists for those who call themselves a real estate agent in Mexico. They are not liable for any disturbances in your agreement and simply help to negotiate and point you in the proper direction. At this time, anyone can call himself or herself a real estate agent or real estate broker.


Media - Photography & Videography Photos and videos are not required for approval by any party or government agency.



This article is based upon legal opinions, current practices and my personal experiences. I recommend that each potential buyer or seller conduct his/her own due diligence and review.


To sum it all up - Things are so different in Mexico! Point 2 homes is the most common website for searching and listing a property in Mexico. You can start an account yourself and start showing homes at any time. You will need to find a good lawyer and notary to finalize sales and review the purchase agreements.

Although BE CAREFUL, many lawyers are corrupt. You need to vet them thoroughly.



 

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