What I Wish I Knew Before Investing in Tulum

by Apr 28, 2023

WHAT I WISH I KNEW BEFORE INVESTING IN TULUM

Looking to invest in Tulum, Playa del Carmen, or the Riviera Maya? In this video, we’ll share the things we wish we knew before investing in Mexican real estate, including where to search for properties and the hack you need to know to avoid falling for clickbait listings.
Unfortunately, there isn’t a reliable MLS in this part of Mexico yet, but we’ll introduce you to Point2Homes and share why it’s not always accurate. We’ll also explain why you should never call the listing agent directly and how to choose a trustworthy buyer’s agent to help you find the property of your dreams. So sit back, relax, and let’s dive into the world of Riviera Maya real estate.

If you can’t watch the video, here is a brief written version:

If you’re considering investing in Tulum or Playa Del Carmen real estate, there are a few things you need to know. Things we wish we knew when we first arrived here.

Unfortunately, unlike in other countries, there isn’t a reliable MLS (multiple listing service) that you can search for listings in this part of Mexico yet. While you may find a lot of websites that offer a ton of listings, none of that information is verified, so be careful. Popular sites like Zillow or realtor.com don’t work here. The closest site resembling a traditional MLS is Point2Homes. But even there, there are still many listings that are clickbait or bait-and-switch. This represents a high risk for buyers and investors alike.

How can you protect yourself and ensure you’re making a smart investment in Riviera Maya real estate?

First, don’t contact the listing agent. Both the buyer and the seller have an agent representing their distinct interests. Going directly to the listing agent is not going to get you a better deal, on the contrary, they will try to negotiate the best price, terms, and conditions, yes, but for the seller. Instead, find a licensed buyer’s agent that you trust. Share with them your exact needs and wants. Your buyer’s agent can explain the current market situation and provide you with the best listings. Remember, the sellers offer the same commission, so your buyer’s agent’s objective is to find you the property of your dreams and get the best price, terms, and conditions.

If you’re still searching for properties online, use Point2Homes. However, don’t contact the listing agent directly. Instead, send a screenshot to your trusted licensed buyer’s agent. They can determine who is behind that beautiful computer-generated image and what their track record and reputation are. With so many listings and potential pitfalls, it can be a jungle out there. That’s why it’s important to pick your tribe early on and find a buyer’s agent you can trust.

At Jungle Realtor, we know the ins and outs of the Tulum and Playa Del Carmen real estate markets. We run market studies every quarter, and we can provide you with a buyer’s guide to help you navigate the process. Our listings are verified, and we have a track record of success. You will find our collection of Riviera Maya properties at www.junglerealtor.com. We’re committed to helping our clients find their perfect property and making the investment process as smooth and stress-free as possible. To learn more about Tulum real estate or to receive our market studies and buyer’s guide, please send us an email at info@junglerealtor.com.

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