Plano for Sellers
Get organized early and sell your home faster
Every day, homeowners use Plano to easily and safely coordinate the transfer of ownership of a property they are selling.
Why sell your property with Plano?
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Be organized
Identify all of the documents you will need for your closing and upload them securely to Plano’s platform. Use our closing cost estimator to prevent surprises.
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Stay in control
Plano offers tools to keep you in the loop at every point in the process. See updates from your broker, lawyer, and buyer to keep track of progress and know exactly when and how you will close.
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Close remotely
Take the stress out of closing and do it easily online from wherever you are, even on the day of closing. Ensure you get paid with secure and flexible escrow, in any currency including crypto.
With Plano, selling is a simple three step process
1. Get clear to close
Got questions on the documents you need to close? Need to start planning to manage your capital gains taxes? Organize everything you need to close before you even find a buyer. That way, once you have a sales contract, you are ready to close immediately. Learn more about Clear to Close.
2. Execute a sales contract
With Plano, you, your broker or even the buyer can upload the terms of sale into Plano and generate a legal sales contract that everyone review. Specify details such as how you want to receive payment and what day you would like to close. Once everyone is in agreement, you and the buyer can sign electronically and close the deal.
3. Close instantly and remotely
Know exactly what you and others in the closing process need to get done every step of the way. Our online app keeps you up-to-date and in control of your sale so you can close within as little as 48 hours.
On the day of the close, you don’t need to attend in person. You will receive your funds to your specified account and Plano will coordinate with a trusted local representative to handle the transfer of keys and other details to the new buyer.
Top questions for sellers in Mexico
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If you ask most notarios in Mexico, the answer could quite likely be no. However, if you find the right notario, you may get to close remotely if you have provided someone local to the notario office a power of attorney to close on your behalf.
At Plano, we don’t think this should be case. In fact, a remote closing is the way to handle all real estate transactions. Within the Plano app, sellers authorize Plano to conclude the transaction their behalf so you don’t have to waste time in the notario’s office.
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The documents you will need for a "transfer of rights" which is to say a sale depend on how you own your property.
When you own your home using a Fideicomiso (bank trust), you will need the fideicomiso document. If you own outright and not via a fideocomiso, you will need the Deed, or Escritura in Mexico.
As a seller, you will need a number of other documents depending on your circumstances.
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Yes we do. You can read about all the documents you need in our extensive seller knowledge base.
Also, when you register your property for sale with Plano, we will examine the details you have provided and put together a specific document checklist containing all the documents that you need to collect. Not only will we tell you what you need, we’ll also provide information about how to get them.
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Yes, at a high level when you sell a property in Mexico, you will pay a tax on the gains - namely the difference in price between what you paid for it and what you are sold it for later.
There are a number of exemptions that you can claim that will lower your tax obligations.
Learn more in our extensive Seller Knowledge base.
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There are a number of legal exemptions you can claim when selling a property that are affected by how the property is owned.
Things to consider are how many owners, what improvements have been made, how the property is being sold.
When you register your property with Plano, we provide you an estimate of your capital gains and offer fiscal strategies for your capital gains taxes in Mexico that are specific to your situation.
Learn more in our extensive Seller Knowledge base >>
Starting in Mexico, Plano is ready to take Settlement to your neighborhood.
Our easy-to-use app safely coordinates the transfer of ownership from you to your buyer and will soon be available globally.