Archive for August, 2008

Aug 12 2008

A.M.P.I. to Open Membership to Developers

Real estate developers in the Bay of Banderas region may soon be able to feature the A.M.P.I. logo in their advertising – if they comply with A.M.P.I. requirements for project documentation and commission payments to professional real estate agents.

Tere Kimball, president of the A.M.P.I Riviera – Nayarita chapter, and Saul Groman, Vice President of the same chapter, explained that the new developer membership program will require that developers allow the review of their project documentation by A.M.P.I. board members. They must also agree to pay standard commission rates to A.M.P.I. member realtors.

Kimball said, “The A.M.P.I. developer membership program will be good for developers and especially good for buyers. Under current market conditions, we need to do everything possible to make certain that new developments are open and transparent about their documentation. We owe that to our clients.”

The new Partial Urban Development Plan of the Bahia de Banderas was presented by Sergio Barajas and Sergio Castro of Sauri y Asociados. A second and more complete presentation will be scheduled by the end of this month. A.M.P.I. members and affiliates as well as the public will be invited.

A.M.P.I. is the National Association of Real Estate Professionals. The three local A.M.P.I. chapters met on August 7 at the new Hotel des Artistes at Punta de Mita. More than 70 real estate professionals toured this innovative project located in Anclote.

For more information on A.M.P.I Riviera – Nayarita, call Elena at El Grupo de Bienes Raices (329) 298-1790 or for AMPI Vallarta call Tom Carota at (322) 223-5511.

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