Technological tools have become indispensable for real estate brokers, enabling them to increase visibility and expand their reach in the market to boost the likelihood of closing a property transaction.
Adoption of Technology by Mexican Brokers
According to a survey conducted by the Mexican Association of Real Estate Professionals (AMPI) among 255 members, technology adoption has become a top priority for real estate advisors to enhance their business activities.
Maintaining Profitability
The AMPI survey highlights that despite increased competition in the real estate advisor segment, commissions average between 5% and 6% of the transaction value, which are considered “defensive margins.” Additionally, 75% of brokers use a standardized contract from the Federal Consumer Procurator, providing “an added layer of governance and legal certainty.”
- 67% of survey respondents operate independently.
- 63% are broker owners, implying “agility in decision-making and direct alignment between strategy and execution.”
Operation Speed
The AMPI survey inquired about the speed of completing transactions. Results indicate that property rentals typically take between one and three months, while sales take between three and six months.
Understanding these timelines is crucial for investors to calculate their cash flow and absorption projections, according to the AMPI.
The survey reveals that 55% of respondents anticipate improved real estate advisor activity in 2025, and 65% report better client acquisition, suggesting an increasing inventory of properties for sale.
The AMPI emphasizes the importance of focusing on three areas to capitalize on these results: scaling high-value exclusive offerings with consultative service proposals; closing legal gaps to boost bank confidence and expedite approvals, as well as standardizing timelines, sources, conversion rates for optimized portal budgets.
- Scale high-value exclusive offerings with consultative service proposals.
- Close legal gaps to boost bank confidence and expedite approvals.
- Standardize timelines, sources, conversion rates for optimized portal budgets.
