Realtor License in Baja California Sur

Unlike in Canada, the United States of America, and many other countries, no license or certification is required to be a Realtor or Broker Agent in Mexico.

However, Baja California Sur is one of the few states in Mexico that passed legislation to regulate the Realtors and Real Estate Brokers.

Specifically, on July 20, 2017, the Law that Regulates Professional Real Estate Agents in the State of Baja California Sur (the “Law“) was published. Therefore, this Law is current and enforced in the entire State.

All Realtors, Real Estate Brokers, and Real Estate Professionals in the state require a license (“License”) issued by the Secretary of Tourism, Economy, and Sustainability of the State of Baja California Sur (“Secretariat”) to execute Real Estate Operations.

The State Registry of Professional Real Estate Agents (“Registry”) is established. This public registry is open to the public, so anyone can search if a realtor or broker is duly licensed.

A fine of $96,000.00 Mexican Pesos (as of this publication) plus damages to any individual or company who acts as a Professional Real Estate Agent without having the License.

Who needs to obtain the License

The License is required to execute or advise on Real Estate Operations in the State.

What are “Real Estate Operations”?

According to the Law, the term “Real Estate Operations” refers to the intermediation for selling, renting, sharecropping, donating, loan, trust (fideicomiso), or any other activity related to real estate, including promotion, administration, marketing, and consulting related to Real Estate.

Difference between Professional Real Estate Agent and Real Estate Advisor

The Law establishes that the “Professional Real Estate Agent” is an individual or a company with a License authorized by the Secretary o and registered in Registry.

On the other hand, the Real Estate Advisor is an individual authorized by an organization, company, association, or similar, whose corporate purpose is the execution of Real Estate Operations and duly registered in the Registry.

In other words, the Professional Real Estate Agent (for example, a Real Estate Brokerage Company) is the one who gets the License.

And then, the Professional Real Estate Agent authorizes the Real Estate Advisor.

The Professional Real Estate Agent shall file the Real Estate Advisor in the Registry as its employee.

Five Steps to obtain the Professional Real Estate Agent License in Baja California Sur

To approve professional training and obtain a certification of specialized knowledge and experience in Real Estate Operations.
Duly authorized institutions provide this training and certification.
According to the Law, the training and certification exam are in Spanish.

Pay for the License issuance—$ 10,000.00 Mexican pesos— and pay for ID issuance and Registration as a Licensed Professional Real Estate Agent or Real Estate Advisor – $1,500.00 Mexican pesos—.
You can check the list of payment offices at this link: 

https://setuesbcs.gob.mx/wp-content/uploads/2019/09/Directorio-de-Ofc-Recaudadoras.pdf

Complete the application letter through which you expressly agree to comply with the training and updating programs regarding Real Estate Operations.

You can download the format in this link (in Spanish): https://setuesbcs.gob.mx/wp-content/uploads/2022/04/Ejemplo-de-solicitud-de-licencia-persona-fisica.docx

Complete the required information on this page http://setuesbcs.gob.mx/aipf2/ where you will need to include:

You will also need to attach these documents:

Once all the documents are uploaded, the Secretariat will issue the License in 30 business days.
In case of an error, you will receive an email asking you to complete or correct it as soon as possible.
You will have no more than 30 days to update the information.

Deja un comentario

Español de México