As a real estate professional in Mexico we must have knowledge in areas such as economics (economic indicators, supply and demand); administration (administration of offices and agents); law (civil, commercial, public registry, management and urban development); marketing (advertising and promotion) marketing (valuation, sales and administration of properties); finance (mortgage loans and financial statements) and accounting (obligations of a real estate agent and taxes).
The international Designation granted by the NAR called CIPS “Certified International Property Specialist”, includes 5 courses of 8 hours each that are:
- Global Real Estate: Local Markets
- The U.S. Real Estate Business
- Asia/Pacific and International Real Estate
- Europe & International Real Estate
- Americas & International Real Estate
One of the fundamental courses in this Institute is the one of the Business of Real Estate in the United States, which dedicates 8 hours to the detailed learning of the purchase procedure in that country. This is very important because we can apply those procedures to improve the quality of our services here in Mexico. For example, the use of escrow accounts.
In addition, with globalization, borders disappear worldwide and many people seek to move their business or residence to Mexico and many others want to invest in the United States, Europe, Arab countries, etc., thus opening the way to referenced businesses.
With all this panorama, the real estate professionals in Mexico who want to give another vision and above all, another level to our professional practice, we must obtain and maintain this designation. Once obtained, we are included in the international directory.
Another fundamental reason to obtain this designation is the market of baby boomers (people who are retired or about to retire) who are looking for precisely what Mexico can offer them: excellent weather, better prices in doctors and medicines, high standards of living at cheaper costs, etc.
This designation opens up the panorama and shows you what the Asian, European and Latin American cultures are like, as well as their real estate practices.
Finally, by obtaining and maintaining the CIPS designation, you will have access to the exclusive network of more than 3500 CIPS worldwide and will be able to establish businesses according to your areas of expertise, languages you speak and the needs of your clients.
What are you waiting for? Take your real estate internship to the international level!
Liliana Elena Gonzalez Castro
TSUCI, CIPS, TRC, EC0110, EC0903
Licensed Agent LIP 00001/2018
CIPS Instructor (NAR International Course)
www.nar.realtor/liliana-elena-gonz-lez-castro