A Brokerage Built to Raise the Standard in Los Cabos

Ian Gengos and Michelle Wilhelm founded Berkshire Hathaway HomeServices Baja Real Estate in 2021 to change how property is bought and sold here.

Berkshire Hathaway HomeServices came to Los Cabos looking for a firm to convert, decided Ian Gengos was the person to open their first office in Mexico, and he turned it down.

That is where this brokerage starts, and the rest of it follows from why.

Approached, and then walking away

Ian Gengos first came to Los Cabos on vacation in the early nineties and moved here in 2004, driving south from western Canada with a Jeep, a trailer and the dog until the road ran out. His career before property was not in real estate at all.

“Full disclosure, my previous career was in the medical industry, pharmaceuticals, medical equipment”

He came to Mexico out of medical equipment and pharmaceutical sales, moved into real estate here, and went full time in it around 2015. By the early 2020s, he was working with another firm in Los Cabos when Berkshire Hathaway HomeServices came looking for a way into Mexico.

Berkshire’s usual route into a new market was to convert an existing firm, and they had looked around Los Cabos without finding one that fit. So the proposition was to build it. Ian interviewed, met the VP of Global, and they decided they wanted to do it.

And then he pulled out.

The reason was timing rather than doubt. Things were going well where he was, he had a business partner who liked the idea, and the pieces did not line up. Berkshire went on to open in San Miguel de Allende, then in Cancun, and later came back to the conversation.

A brokerage that tells you it was handed an international brand is telling you about a brand. A brokerage that turned the first version of that offer down, because the timing was wrong, is telling you something about how it makes decisions.

 

“The global VP somehow identified me as somebody they wanted to approach to open the first Berkshire Hathaway office in Mexico in Cabo. They had identified the market as one they wanted to be in. They were in an expansion phase.”

Why he did it the second time, and it was not the brand

What changed in between was not the offer. It was what he was watching happen around him.

The pandemic produced a property boom in vacation destinations, Los Cabos included, as people left cities and reconsidered where they wanted to live. Everybody in real estate did well. Ian’s account of what came with that is the part a brokerage would normally leave out:

“It became evident that with that success came some really bad habits and bad practices, and some stuff that I just couldn’t get behind. Not necessarily in the firm that I was with, but just in general.”

Note the qualification at the end. He is describing a market, not settling a score with a former employer. What he and Michelle Wilhelm concluded from it became the reason this firm exists:

“Either you deal with it where you’re at. Or you create what doesn’t exist. And that was the impetus for us to say, okay, let’s build a smaller boutique firm that elevates the standard of business and elevates how we service our clientele”

That is the whole thesis, and it has two halves worth separating. Smaller and boutique is a choice about scale, which means a deliberate ceiling on how many advisors this firm carries. Elevating the standard is a claim about conduct, which is only worth anything if the structure supports it. The first is what makes the second possible.

Michelle, and why the split matters

This is a two-person business at the top, and the division is not cosmetic.

“Actually, my wife and I, Michelle became my business partner. She is exceptional at marketing and finance, that’s her background and her forte. Mine was the sales and the strategic planning.”

Michelle Wilhelm is co-owner and Chief Operating Officer. Ian is Owner and Managing Broker. In practice that means the person running the marketing and the financial side of the brokerage is an owner of it, rather than a function reporting to one. For a seller, that is the difference between a campaign designed by someone accountable for the result and a campaign assembled from a template.

What boutique actually means here

That is the whole thesis, and it has two halves worth separating. Smaller and boutique is a choice about scale, which means a deliberate ceiling on how many advisors this firm carries. Elevating the standard is a claim about conduct, which is only worth anything if the structure supports it. The first is what makes the second possible.

Boutique is a word brokerages use when they are small and want it to sound chosen. In this case it is chosen, and it has consequences you can check.

We are a boutique firm with top tier professionals, covering Cabo San Lucas, San Jose del Cabo, La Paz, the East Cape and the Pacific side. Contact us and we will tell you who covers the area you are looking at and put you with the right person rather than the next available one.

A firm that size works differently from a large one in three ways that matter to a client.

Advisors are not interchangeable. Ian’s view of the job is that the value is in knowing the specifics, and he is blunt about the alternative:

“That’s probably the single biggest mistake people make about buying: they don’t seek local expertise to help them with all of the nuances.”

Advice sometimes costs us the easier sale. The clearest example he gives is of talking a client out of the obvious choice:

“I’ve pulled people out of five-star luxury communities in favor of a different one because I understood their children liked specific things. And this amenity set is much better for your children at the age that they’re at”

That is a smaller transaction and a better outcome, and it is the kind of call that only happens when the person making it is not working to a volume target.

The brand is the floor, not the pitch. The Berkshire Hathaway HomeServices affiliation gives this firm an international referral network, which genuinely matters when a buyer in Dallas or London walks into an affiliated office and needs to get to Baja. It is infrastructure. It is not a substitute for knowing which arroyo floods. 

What a boutique firm covers, and what it does not

The five areas we work are not one market. Cabo San Lucas, San Jose del Cabo, La Paz, the East Cape and the Pacific side differ in price, in buyer, in how much is built and in how much infrastructure exists. A beachfront condo in the Corridor and an off-grid house on the East Cape are not variations on a theme; they are different purchases with different questions attached.

What a boutique firm does with that is cover each area with somebody who actually works it, rather than giving every advisor a map of the whole peninsula. That is the practical content of the word boutique, and it is the reason the headcount is deliberate rather than a stage the firm is growing out of.

It has a real limit, and it is worth saying plainly. A firm this size is not everywhere at once, and there will be a property where the right answer is that somebody else knows that street better. We would rather tell you that than take the listing and learn on your transaction.

Why they are still here

The other thing worth knowing about the people running this brokerage is that they had a straightforward opportunity to leave and did not take it.

In September 2014, Hurricane Odile made landfall near Cabo San Lucas. Ian and Michelle lost a significant part of their home, went without power for months and water for weeks, and watched the market stop for half a year. The question got asked:

“Michelle and I looked at one another and thought, okay, well, what’s our plan B? What are we gonna do if this doesn’t get better?”

They stayed, and the reason they give is about the place rather than the property market:

“This community is very resilient and very supportive.”

They founded this firm here seven years later.

What this means if you are thinking of working with us

You will deal with a brokerage whose owners live here, whose children went to school here, and which is deliberately too small to treat you as a file number. You will get told when the obvious property is the wrong one. You will be inside an international network when you need it and in front of a local advisor when that is what the question requires.

If that is the way you want to buy or sell in Los Cabos, talk to us. 

Frequently Asked Questions

Is this a local firm or an international franchise?

Both, and the order matters. It is a locally owned brokerage, run by two owners who live here, operating as a Berkshire Hathaway HomeServices franchise. The affiliation brings an international referral network. The local ownership is what decides the advice you get.

Ian Gengos is Owner and Managing Broker. Michelle Wilhelm is co-owner and Chief Operating Officer. Ian came from sales and strategic planning, Michelle from marketing and finance.

We are a boutique firm with top tier professionals, covering Cabo San Lucas, San Jose del Cabo, La Paz, the East Cape and the Pacific side.

Because the founders decided the alternative was worse. The firm exists because of practices they saw during the post-pandemic boom and would not stand behind, and a smaller firm is what makes a standard enforceable rather than aspirational.

In December 2021, seven years after Hurricane Odile, and after Ian had turned down an earlier version of the Berkshire opportunity.

No. The firm works across residential resale, new construction, land and investment purchases in the areas listed above. What is consistent is the process rather than the price band.

We will tell you, and where we can we will point you at somebody who works that market. The Berkshire Hathaway HomeServices network exists partly for exactly that.