Business is good for IPM Development with their first project sold out completely before beginning construction, and current projects are selling at a rapid pace. Having assembled solid financial resources, three staff architects, a comprehensive construction management team, and in-house marketing department, the real estate development company expects to build more than 100 new condos per year. This is great news for investors because IPM Development’s pipeline of future projects is full for the next 36 months.
3-YEAR WARRANTY ON WORKMANSHIP
IPM Development is the only company in Mexico to offer a three year warranty on its development projects. We do however insist upon a bi-annual inspection of the property and any maintenance issue that we find must be fixed either by us or by some other qualified workman.
We stand behind the work we do!
By signing long-term deals with their sub-contractors they are able to negotiate better rates for labor.
Also, because of their high sales volume, they are also able to negotiate with vendors for lower prices on materials. These two components of their business model translate into high-quality craftsmanship and lower prices for buyers.
“Perhaps the most important key to our success in Mexico is that we listen to the wishes of our clients, then we create properties we know they’ll love and can’t find anywhere else,” says Houghton. “This is a crucial element of customer service that smaller real estate developers in Mexico overlook. We know that our long-term success in the Mexico market depends on developing strong relationships and developing high-quality properties.”