AMPI is the Mexican Association of Real Estate Professionals.  Dedicated to raising professional standards and protecting private property rights, this organization was formed over 50 years ago and currently has a membership of over 1,000 companies and 10,000 professionals.  In the Vallarta area, there are three AMPI chapters, AMPI Vallarta, AMPI Riviera Nayarit and AMPI Compostela.  Currently there are no licensing requirements in place on a national level in order to regulate real estate brokerage and sales.  AMPI however, does have significant requirements in order to be a member broker.  Among them are:  one year experience working in real estate in the area, have a diploma from a certified AMPI course (100 hour minimum), show two commercial and one bank reference, proof of legal registration with the city and tax authority, two letters of recommendation by current members, take an AMPI test and orientation and be voted in by peers.  Additionally, foreigners are required to submit a diploma from a Spanish language course and immigration authorization in order to legally work in the country.  Associates are required to have valid work permit, a letter of reference from their broker, take a written AMPI exam and attend 40 hours of continuing education per year.  AMPI also requires members to follow a strict code of ethics that include articles such as:  “Knowledge of tax, legislation, improved use of land, planning and other real estate-related matters.”  “Keep abreast of conditions in the real estate market, because it is he or she who guides customers regarding the correct value of real estate, among other things.”  “Protect customers against fraud, abuse or immoral practices in the field of real estate.”  “Help prevent any acts that could harm the public, as well as any that could undermine the dignity of the real estate profession.”

Good Day Fellow Boomers.

What you need to know before making important decisions about Mexico Real Estate.

The purchase of a home is likely the single largest financial commitment you will make in your lifetime.  When coupled with the fact that you are considering investing in a second home in a foreign country, it is imperative that you have a knowledgeable, experienced professional Realtor representing your interests.  The company you select to represent you in your  purchase procedure should be a member of AMPI.  

Is your Mexico real estate agent really working for you Do they really have your best interests in mind Are you their client or customer

The Playa del Carmen real estate market's AMPI association elects a new board for the coming term of 2009 – 2011. The AMPI Riviera Maya chapter spent the morning casting and counting votes to choose a new president and committees. AMPI, with over 4,000 members nationwide is represented in all regions of the Mexico real estate market with just over 50 chapters The association has amongst its goals the continuous training of its members, the encouragement of following a guide of regulations and ethics for members and various other objectives

Mexico can be an exciting place to live for those who are retiring to Mexico, for those who are working from home on a computer link with their company, for those who are looking for a vacation home or an outstanding investment… above all, for those who dream of a better quality of life! Home…the word represents security and comfort for the majority All too often the word, when used in conjunction with a purchase of property in Mexico creates stress, worry and, at times has been associated with financial loss This needn't be the case Procedures in searching titles and transferring property are similar to those of the United States and Canada The buyer of a house, condominium or lot in Mexico must ask the same questions, and should receive answers similar to those received when buying a property elsewhere

WHAT IS A MEXICO FIDUCIARY

This term is most commonly used in Mexico to describe the bank which holds the title if you are purchasing a property in a Mexican bank trust, a fideicomiso

The Mexico Real Estate market is going through an exciting transition to improve the processes of buying properties here in this country.  The national realtor association called AMPI, sister association with the NAR association of the United States, has been working for various years on a project to regulate or to license the people practicing in the industry of Mexico Real Estate.  

-Playa del Carmen
Caros M. Joaquin Gonzalez, the director of the Quintana Roo state offices of Tourism spoke at the 36th annual national AMPI congress last Saturday afternoon. He shared words with the audience stating, “I wish to thank the organizers of this congress for choosing the Riviera Maya for this year`s site, which has allowed us to demonstrate our beautiful tourist attractions as well as Riviera Maya`s Real Estate products which is converting this region as one of the most dynamic if not the most dynamic of Mexico Real Estate”.

While working here in the Playa del Carmen real estate industry, we come across frequently asked questions by many of our buyers.