In Quintana Roo, only one out of every ten real estate agents is registered with the Secretary of Sustainable Urban Territorial Development (Sedetus). This is a growing concern for industry associations due to the rise in fraudulent and irregular transactions. The state is home to approximately eight thousand agents, the majority of whom operate without official accreditation, primarily because of insufficient promotion of the registration process.
Despite this, legal actions have already been taken against real estate companies selling land without meeting the necessary legal requirements. Unregistered agents pose a risk to the investments of buyers. Irving Osorio Padilla, president of the Mexican Association of Real Estate Professionals (AMPI) in Bacalar, stressed the urgency for agents to professionalize and secure their registration.
"Formalization ensures a more supervised and professional service, supported by government-approved institutions," Padilla stated. He highlighted that many individuals act as real estate advisors without proper training or representation, endangering those looking to invest in the state.
AMPI Bacalar, established in November 2024, is in its initial stage and is currently focusing on professionalizing the association. In partnership with the Interamerican University for Development (UNID), it will introduce its first training course in April, which will last five months.
"We aim to provide a regulated and trustworthy service, with advisors who possess registration, licenses, and physical offices. Only in this way can we assure legal security to investors interested in southern Quintana Roo," concluded Padilla.
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