By Rick Parks, REmexico Real Estate, Rick@CaboRealEstate.com
The process of buying and selling real estate anywhere in the world often involves using a local real estate agent to assist you. There are a number of reasons why this is a very good idea especially if you are considering purchasing in Mexico.
Los Cabos is one of the few areas in Mexico that offers an MLS (Multiple Listing Service) to both buyers and sellers. This is important to you because it gives you the opportunity to see every property available without having to search through multiple real estate websites. Every licensed brokerage and agent in Los Cabos operates through this system.Buying or selling real estate in Los Cabos can be a fun and exciting journey. Your real estate agent is your guide through that journey. They are there to make you feel safe, fill you with knowledge, negotiate on your behalf and take care of the details. That is a very valuable friend to have in your corner. So when you are ready to step into the market don’ be afraid to contact a licensed real estate agent and get them working for you.
SO WHY IS THIS IMPORTANT TO YOU AS A POTENTIAL INVESTOR IN LOS CABOS?
- 1Protection - In order for an individual to legally sell real estate in Los Cabos they must be licensed through the State of Baja Sur California. Ensuring that the individual you are working with is licensed gives you the confidence to know that they are fully trained, knowledgeable of the area and governed by the laws of the MLS and the State. You can now move forward in your search knowing you are not at risk.
- 2Knowledge - As a licensed real estate agent we not only know the area, but we are trained in the local laws, regulations, processes and timing of a real estate transaction. When you work with a licensed agent you will be guided through the buying or selling process with full understanding of what is happening, why it is happening and how long it will take. Don’t be afraid to ask your real estate agent the tough questions. If they are unable to answer those questions - look for someone who can.
- 3Negotiation – Los Cabos is a diverse and booming real estate market. Knowledge of that market is key to being able to negotiate the best deal for you – the client. Your local real estate agent will know the trends, the hot spots, the places where deals can be found and how to put together a real estate deal so that it is a win/win for everyone involved.
- 4The Details – Buying real estate in Mexico is a completely different process than in any other part of the world. There are many details that need to be taken care of as you transfer a property from one owner to the next. Those details, if not completed properly and on time can severely slow down the transfer process. Your real estate agent is your first point of contact to make sure all those details are dealt with.