fbpx

Everything you need to know about buying and selling real estate in Mexico, Puerto Vallarta, and the Banderas Bay region

Real Estate in Mexico

Buyers & Sellers Deserve Ethical Agents

This article is about pre-construction, new developments, as well as resales. There is a particular ethical and moral way in which buyers and sellers should deal with each other, and most of the time, the person who has to keep the negotiation on this level is the agent (agents) involved. This is our responsibility to recognize and require that everyone involved work on the highest level of reason and fairness. This subject has nothing to do with negating capitalism or denying a buyer or a seller a good deal.

CONTINUE READING

New Guidelines for Real Estate Agents

Evolution of the Property Market in Mexico

“Our real estate market has new challenges. The idea of working as an agent to sell property is easy and does not require any formal training or employment by any company, is now behind us. Today the Mexican market has its own rules.  The real estate professional cannot improvise these rules, but instead, he must stay up to date with the changes in order to offer a higher quality of service. Clients are becoming better educated. They are ready to ask many questions and can no longer be easily fooled.”

CONTINUE READING

Buying Property in Mexico

Why is Fair Market Value Important?

Those of us living in Mexico from other parts of North America probably take the concept of fair market value for granted.  We assume that this measure of value is used in other markets and other countries. Actually, it is not common outside of the USA or Canada to have sold market data.  In order to have information about sales prices and to adjust for differences in properties, data must be available. 

CONTINUE READING

Ethical Rules of AMPI

Success comes with more responsibility, not less.

Puerto Vallarta Real Estate Market Update. In the 4.5 months of 2018 (Jan 1-May 13, 2018) we have sold $123,946,641 usd of inventory with an average sales price of $327, 901 usd at 94.6% of list after an average of 298 days on the market. **We have experienced more sales volume and a higher average sales price than last year for this some time period. Condos account for $82,000,000+ usd and homes over $33,000,000 usd. **

CONTINUE READING