Binational Brokerage

Binational Brokerage

By Gina Dewar, DRE#02057793.

Real estate is one of the economic drivers of a country, especially the United States. With the market fluctuating and unpredictable, there is a more significant percentage of US citizens interested in investing south of the border. The same is happening with Foreign Nationals (Mexican citizens) taking advantage of lower peso vs. dollar rate exchange to support in the United States.

With this said, looking for a binational brokerage may be the best thing you can do. Working with agents on both sides of the border from the same brokerage gives you the advantage and security that you will be taken care of.

If you are coming from Mexico as a foreign national, these are the advantages of working with a binational brokerage:

1. Binational brokers and agents understand coming from another country with your money.

2. Questions are answered in your language to prevent communication barriers.

3. Bilingual and bicultural agents understand the binational community and lead you to step by step towards the purchase of the property, from the pre-approval all the way up to closing and getting your keys.

If you are a US Citizen and want to invest south of the border, working with a binational brokerage is advantageous because:

1. Binational brokers are certified in the United States and have government-issued licenses that give you peace of mind that you will be taken care of.

2. Having a binational brokerage gives you the advantage of working with agents that have the ‘process knowledge of real estate in Mexico.

3. Binational brokers can guide you through creating your trust (fideicomiso in Spanish) that gives you the right to purchase property with all the advantages.

4. Binational agents can help you understand how and where to get the financing questio

Do you need to know more about this?

Reach out to La Revista Binacional and we can direct you to the qualified person to answer all your binational investments in real estate questions.