With the current world situation, ethics are needed more than ever before.
AMPI Real Estate Ethical Practices
What does the AMPI (the National Association of Real Estate Professionals) Code of Ethics say about the loyalty and obligation of a real estate professional to his local organization and his colleagues?
The real...
In this report, we see the sold activity from January 1 - December 10, 2023.
Condos, Homes, Land
Jalisco With 1,795 Active Condos for Sale, with 642 Under Contract Pending to Close. Sold through December 10 are 578 units. Sales volume is USD 244,493,768, with an average sales price of $423,000,...
The other night, I was at dinner with clients, now friends, after several years of buying property in Puerto Vallarta.
The subject came up of money laundering. How much laundering is in the world right now. Here is some information from my research about this pervasive worldwide practice.
There...
Derek Carkner of Donner and Associates provides a brief tour of Lo de Marcos, a neighborhood about 45 minutes north of the Puerto Vallarta. This fishing village of 2,500 people balloons to 3,500 in the winter.
USA
Net listing is illegal in many states in the USA because it represents a conflict of interest between the agent and the seller. The net listing agreement gives the agent an incentive to sell the property for as low as possible, rather than getting the best possible price for...
In September 2022, the NOM Regulation 247 became a regulation to require immediate use by developers of the consumer protection laws in Mexico. The laws had become legal years before 2022, but legislature realized they were not being followed by the developers of preconstruction condominiums and homes. For your...
The laws for consumer protection are the reason for the new NOM regulation telling the developers of new construction to register their purchase offers for approval from COFECO, the consumer protection agency for Mexico.
Projects still in selling mode before September 19, 2022, are using their same contract as...