The First Mexico Real Estate Degree and Professional Identification Number

Recently, the AMPI Mexico association implemented a new university degree and professional license for Mexico Real Estate professionals. The new identification number and degree are officially authorized the Federal Ministry of Public Education (SEP).

“The market and clients demand true professionals, specialists in real estate with recognized studies and a professional Identification Numbers are authorized by a federal government body,” pointed out Fernando González Salazar, Director of the Professional License Department of AMPI. Before the existence of the new degree, Mexico Real Estate licenses were not offered although some local certifications were available.

Experienced professionals can obtain the degree and professional Identfication Number through an exam. The five-hour exam consists of 177 multiple choice questions divided into 8 sections. The exam is professionally administered in strict accordance with guidelines; for the first application of the exam, it was applied in 16 cities simultaneously.

After the exam, a minimum experience requirement must be proven through a “portfolio de evidencias.” Laura Flores , coordinator of the exam process at the AMPI Mexico national offices, points out that evidence of experience can be given by a Mexico Real Estate company, AMPI, a Notary public or, now one of the new degree holders, among authorized documents.

The second way in which to obtain the degree and professional identification number is as an undergraduate degree in a 4 year course of studies at a university.

“We have estimated that there are nearly 19,000 people practicing within the Mexico real estate industry,” mentioned Flores. “Of these approximately 2,300 are associates of the AMPI organization.”

The long term goal is that all those dedicated to the Mexico Real Estate industry will hold the new degree - a situation similar to that of doctors, lawyers, etc. For the moment requirements will remain a question of state laws.

Flores will make the formal delivery to the first 44 successful candidates at AMPI’s national annual meeting. In July of 2009, the first Mexican Real Estate Degree and Professional Identification Number was presented to Thomas Lloyd, founder of Mexico Real Estate, a web site and network of real estate professionals from various key regions in Mexico, dedicated to providing non-Mexican buyers with accurate information and guiding them to safe Mexico Real Estate purchases.

“Many foreign buyers,” observes Thomas Lloyd, “are not aware that there are more risks involved in purchasing property in Mexico than in their home countries. The TOPMexicoRealEstate NETWORK is a group of professionals who have seen the results of misinformation first hand. Since the group began, we have been working to provide accurate information to help protect non-Mexican clients. The new degree is an excellent opportunity for those of us committed in this industry to further our knowledge and experience allowing for improved professional guidance.”

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