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New board for Mexican Real Estate Industry Association

Cancun, Q.R. — A new board of directors is in the works for the newly established Asociacion Mexicana de la Industria Inmobiliaria (AMII) (Mexican Real Estate Industry Association).

In their second year, the association’s national president, Alejandra Serrano, said AMII was created to provide certainty to investors and property owners seeking real estate administration services, as well as to regulate vacation properties that are sometimes faced with frauds in advanced bookings.

“We have advanced with one of the main objectives being the professionalization through the graduates. With the new Real Estate Law, the objective is to follow that law and close ranks for realtors who are not prepared because they do not work correctly and worse, they do not work ethically,” he said.

He says that with the new Law of Provision of Real Estate Services of Quintana Roo, it is precisely that sector that closes ranks to prevent other agents who do not have the training, professionalism or ethics, to stain local associations.

Regarding the legal certainty of properties, he explained that this aspect is also taken care of because previously it was trusted with the supposed owners. “One step now is to have certainty, to have documents. We sign an agreement with the owners of properties to prove, with titles, that they own the properties that they place for sale or for rent”.

Alejandra Serrano added that in the state of Quintana Roo there are mover 240 registered real estate agents with identification and another 170 waiting to receive their ID, noting an additional 20 are currently writing the diploma.