Question 1

IS MBO A REAL ESTATE AGENCY?

Accepted Answer

No. Mexico by Owner is a listing service only with no affiliation to any agencies, realtors or brokers. So, we are able to represent all who are looking to sell or rent their property.

Question 2

WHY SHOULD I LIST MY PROPERTY ON MBO?

Accepted Answer

Mexico does not have a Multiple Listing Service (MLS). This means realtors and brokers often share your listing with a small number of contacts but do not have a way to showcase your property to the world market. Often, after a few weeks, your property becomes an afterthought and is almost invisible to potential buyers or renters.

Question 3

IS IT REALLY JUST $1 A DAY TO LIST ON MBO?

Accepted Answer

Absolutely. Owners who list on MBO are billed just US $30 a month (plus applicable taxes) for our standard listings which works out to just under $1/day. Or, choose to be a featured listing for $45 a month equal to about $1.50/day. Imagine what that could save you in realtor commissions, broker fees, rental agency costs or online rental platform fees.

We are homeowners and investors in Mexico just like you. And, when it comes time to sell, we know there are those out there who aim to take advantage of you and your biggest investment. We have experienced this ourselves and quickly realized there was a real need for a resource that gives owners more control over the sale or rental of their own property.

Question 4

IS MBO REALLY FREE FOR POTENTIAL BUYERS OR RENTERS?

Accepted Answer

Yes. Buyers and renters search for free, contact owners directly and pay MBO nothing, nada, zero, zilch.

Question 5

HOW DOES BILLING WORK?

Accepted Answer

You will receive a recurring invoice monthly beginning the day your listing goes live on our website. Cancel anytime through the Owner Portal. Payments are made quickly and easily with your credit card or PayPal via Stripe, which is one of the world's most popular and secure payment platforms. An option to pay invoices automatically will be available for your convenience but is completely your choice.

Question 6

WHAT DO I DO IF I HAVE AN INTERESTED BUYER?

Accepted Answer

You are, of course, able to still work with a realtor to guide you through the selling process — perhaps even at a lower rate since you have found the buyer. You can also choose to use the buyer's realtor and save on commissions. Or, you can close the deal yourself by hiring your local notary or "notario". Notarios specialize in real estate transactions and the transfer of ownership for a fee rather than a commission.

Question 7

CAN I STILL USE A REALTOR OR BROKER?

Accepted Answer

Of course. MBO is a way to make your property more visible to the world market. Once you find your own buyer, you may be able to negotiate a lower commission or flat fee with your representative for them to help guide you through the process; or, you can handle the entire sale or rental on your own through your local notario.

Mexico by Owner is an affordable tool that gives you more control over the sale or rental of your biggest investment. ​​Use MBO by itself or in conjunction with other online platforms and agents for maximum exposure.

Question 8

ARE THERE CONTRACTS? CAN I CANCEL ANY TIME?

Accepted Answer

MBO does not tie you down with contracts or exclusivity. You are free to sell or rent your property however and wherever you choose. You may cancel at any time by logging in to your Owner Portal on the website.

Question 9

CAN I EDIT MY LISTING?

Accepted Answer

Yes. You have full control over your listings through the Owner Portal on the MBO website. There you can change any details, pricing or photos as often as you like free of charge.

Question 10

CAN I SHARE MY LISTING?

Accepted Answer

Of course. Each listing has its own URL. We encourage you to share your listing with as many people as possible. We will also share your new listing on our own social media channels. The entire purpose of MBO is to get your property noticed and found by potential buyers or renters. ​

Question 11

CAN REALTORS AND BROKERS LIST ON MEXICO BY OWNER?

Accepted Answer

Yes. MBO is open to everyone. Realtors and brokers can list properties on their clients' behalf — with their permission, of course. MBO is an excellent way to attract potential buyers or renters beyond the regular channels.

Question 12

WHY ARE PRICES IN US DOLLARS?

Accepted Answer

Clients can charge final prices in whichever currency is most convenient for them and their buyer or renter. But, for listing purposes, pricing in US dollars allows for ease of comparison across the site. Also, visitors to MBO live around the globe and USD is the most common standard used worldwide. ​

Question 13

DOES MEXICO BY OWNER SELL MY INFORMATION TO THIRD PARTIES?

Accepted Answer

No. ​Listing fees are the only way MBO is monetized.

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