Background and Relevance of Juan Manuel Escobedo
Juan Manuel Escobedo, the president of the Asociación Mexicana de Profesionales Inmobiliarios (AMPI) Monterrey chapter, has made an appeal to state government authorities and the local Congress. His aim is to secure the approval of the regulations for the Ley (Law) that establishes the State Register of Real Estate Advisors. This would enable the implementation of a real estate license, providing greater certainty to property buying, selling, or rental transactions.
The Importance of the Real Estate Sector in Nuevo León
Escobedo highlighted that the real estate sector, encompassing sales, rentals, and developments, contributes 12% to Nuevo León’s Gross Domestic Product (GDP). In 2023, Nuevo León’s nominal GDP was 2.5 billion pesos, with 40% allocated to secondary activities like industry and construction, and 52% to tertiary activities such as services, including real estate.
Although specific PIB (GDP) data for the real estate sector is unavailable, reports indicate that the state’s real estate market has experienced significant growth, driven by factors like nearshoring and increasing housing demand.
Support from State Authorities
Present at the event were Emmanuel Loo, head of the state’s Economy Secretariat’s office; a representative from the state’s General Government Secretariat; local MC (Movimiento Ciudadano) diputado José Luis Garza Garza; and AMPI Nacional’s vicepresident, Jenny Althair Rivas.
Emmanuel Loo praised real estate agents for breaking records in the sector over the past three years, noting that 2022 saw the sale of more than 20 million square meters in the industrial sector, accounting for nearly 30% of the nation’s total industrial activity.
Jenny Althair Rivas, AMPI Nacional’s executive vicepresident, announced that the Monterrey division was recognized as one of the top three in training for 2024.
Conferences and Capacity Building
The 40th anniversary celebration of AMPI Monterrey took place at the Casino Monterrey, with attendance from state authorities, Canaco Monterrey directors, former AMPI chapter leaders, and members.
Gerardo Contreras, CEO of Century 21 and former AMPI Monterrey president, advised real estate agents to find their purpose and become intentional in their actions.
Juan Carlos González discussed “Riding the Nearshoring Wave: Tariffs or Globalization?” providing an overview of the industrial sector and tariff issues.
Notario Gustavo Cerrillo from Notaría 39 addressed the risks associated with fraudulent documentation in property transactions.
AMPI Monterrey has distinguished itself by providing continuous training to its members, covering topics such as legal changes, taxes on property purchases and sales, artificial intelligence in commercial operations, and specialized training at the national AMPI level, including diplomas and even a bachelor’s degree.
Key Questions and Answers
- What is AMPI Monterrey’s primary concern? AMPI Monterrey seeks the approval of regulations for a real estate advisor licensing law to ensure greater certainty in property transactions.
- Who are the key figures involved? Juan Manuel Escobedo, president of AMPI Monterrey; Emmanuel Loo, head of the state’s Economy Secretariat’s office; Jenny Althair Rivas, AMPI Nacional’s vicepresident; and various state authorities and real estate sector leaders.
- What is the significance of the real estate sector in Nuevo León? The real estate sector contributes 12% to Nuevo León’s GDP, with a notable growth driven by nearshoring and housing demand.
- What achievements were highlighted at AMPI Monterrey’s anniversary? Real estate agents broke records in the sector, with 2022 sales surpassing 20 million square meters in the industrial sector, accounting for nearly 30% of national industrial activity. The Monterrey division was recognized as one of the top three in training for 2024.
- What advice was given by Gerardo Contreras? Real estate agents should find their purpose and become intentional in their actions to remain driven and fulfilled.
