{"id":3966,"date":"2011-09-28T21:00:20","date_gmt":"2011-09-29T03:00:20","guid":{"rendered":"https:\/\/www.topmexicorealestate.com\/temp-blog\/?p=3966"},"modified":"2017-08-29T15:48:28","modified_gmt":"2017-08-29T20:48:28","slug":"a-mexico-realtor-and-coyotaje","status":"publish","type":"post","link":"https:\/\/www.topmexicorealestate.com\/blog\/2011\/09\/a-mexico-realtor-and-coyotaje\/","title":{"rendered":"A Mexico Realtor and Coyotaje"},"content":{"rendered":"

The word, REALTOR\u00c2\u00ae has international trade mark protection through the National Association of Realtors\u00c2\u00ae. (NAR) It is used by 1.2 million practitioners in the United States and by international REALTORS\u00c2\u00ae in more than 56 countries, who are affiliated with NAR including the Mexico real estate<\/a> region. Members of the Mexican Association of Real Estate Professionals (AMPI) are able to become\u00c2\u00a0\u00c2\u00a0 INTERNATIONAL REALTORS\u00c2\u00ae<\/p>\n

\"\"In recent months I have heard Mexican government officials at both state and national levels refer to \u00e2\u20ac\u0153coyataje.\u00e2\u20ac\u009d The closest I can come to an English translations would be \u00e2\u20ac\u0153coyote.\u00e2\u20ac\u009d A federal government official used the word with reference to the real estate industry being plagued by \u00e2\u20ac\u0153too much corruption and fraud.\u00e2\u20ac\u009d A coyote is someone selling Mexico properties<\/a> without an office and without having the proper training in the business and\/or dealing outside any code of ethics. The person can be anything from a bar tender to a taxi driver and (even part of a company having a license to do business in Mexico.) Having a business license does NOT make one a REALTOR\u00c2\u00ae again a word with trade mark protection.<\/p>\n

Several years ago as a result of a scandal where a person fled the country with buyer\u00e2\u20ac\u2122s funds, the AMPI Section in Los Cabos, Baja .California .Sur. came up with a set of Rules. The rules were created as a guide as to how to purchase real estate SAFELY in Mexico<\/a>. Rule # 1 is \u00e2\u20ac\u0153Be sure the agent is a member of AMPI.\u00e2\u20ac\u009d<\/p>\n

We often see signs \u00e2\u20ac\u0153Trato Directo.\u00e2\u20ac\u009d This is where a Seller decides to sell without the aid of a professional. Earlier this year a federal government official referred to this as \u00e2\u20ac\u0153peligros.\u00e2\u20ac\u009d (Dangerous.) \u00e2\u20ac\u009d It is a minefield for those without proper training and knowledge of Mexican law.<\/p>\n

So bottom line, when buying or selling property in Mexico it is essential to work with a REALTOR\u00c2\u00ae. Otherwise it is Caveat Emptor (Buyer beware.)<\/p>\n

<\/strong><\/p>\n

Author John Glaab <\/strong> CIPS is a founding member of AMPI Los Cabos. A Certified International Property Specialist he is active in the National Association of Realtors\u00c2\u00ae Global Business Alliances Group. John was recently appointed as a member of Ampi\u00e2\u20ac\u2122s International Relations Committee.<\/em> for more information <\/em>(512)-879-6546 THE<\/em><\/strong> www.<\/span>TOP<\/span><\/span><\/span><\/span><\/span><\/span>mexicorealestate.com<\/span><\/a> NETWORK
\n<\/em><\/strong>
\n“Mexico\u00e2\u20ac\u2122s Leading Network of Specialists for Finding and Purchasing Mexican Properties Safely<\/strong><\/em><\/span><\/span>!\u00e2\u20ac\u009d<\/strong><\/em><\/span><\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

The word, REALTOR\u00c2\u00ae has international trade mark protection through the National Association of Realtors\u00c2\u00ae. (NAR) It is used by 1.2 million practitioners in the United States and by international REALTORS\u00c2\u00ae in more than 56 countries, who are affiliated with NAR including the Mexico real estate region. Members of the Mexican Association of Real Estate Professionals […]<\/p>\n","protected":false},"author":28,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[77,448,376,321,1859],"tags":[1529,1528,386,224],"class_list":{"0":"post-3966","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-how-to-buy-real-estate-in-mexico","7":"category-mexico-buyers-agent-how-to-buy-real-estate-in-mexico","8":"category-mexicorealestateagents","9":"category-mexico-real-estate-license","10":"category-tourism-and-community","11":"tag-how-to-buy-property-in-mexico","12":"tag-how-to-buy-real-estate-in-mexico","13":"tag-mexico-properties","14":"tag-mexico-property-for-sale","15":"entry"},"_links":{"self":[{"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/posts\/3966","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/users\/28"}],"replies":[{"embeddable":true,"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/comments?post=3966"}],"version-history":[{"count":5,"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/posts\/3966\/revisions"}],"predecessor-version":[{"id":14914,"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/posts\/3966\/revisions\/14914"}],"wp:attachment":[{"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/media?parent=3966"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/categories?post=3966"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/tags?post=3966"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}