Chetumal, Quintana Roo — The Mexican Association of Real Estate Professionals (AMPI) is urging homebuyers and sellers to verify that their real estate agents are certified, warning that unlicensed operators are driving a rise in fraudulent transactions.
Eduardo Jesús Marzuca Ferreyro, president of AMPI’s Othón P. Blanco chapter, said it is concerning that some individuals are carrying out bogus real estate deals, often preying on families desperate to secure a home.
“We see many transactions that end in fraud, so we invite the public, if they are going to make a real estate deal, to hire a certified agent who can guide them through the process and ensure it reaches a successful conclusion,” Marzuca said.
He stressed that buyers should always check that the person selling a property holds a valid certificate and license, as this is the only way to guarantee a secure transaction.
“We know many deals go wrong. What certified agents do is review the content of the transaction,” he added.
Marzuca noted that nearly half of Mexico’s states have already enacted laws regulating real estate services, which he said is essential to prevent fraud. He insisted that anyone engaged in property sales must be licensed.
AMPI holds monthly workshops and seminars on real estate topics, which also serve as networking opportunities for members.
