This company advertises itself to be a no upfront fee reseller, but complaints have reportedly been filed with the BBB that state that they company does in fact ask that an "escrow fee" and a 5% commission be paid by the seller prior to the closing. Consumers report that no sale ever occurs, and they are unable to get a refund for this advance fee that they paid.
As always- consumers should be aware that timeshare scams are very common and that many of the scammers are now using "no upfront fee" to ensnare timeshare owners but that it is often just another lie in their web of deceit! In a true no upfront fee transaction, the broker's commission and any seller closing costs would be taken from the proceeds at closing and no advance money would have to be submitted by the seller (unless they were upside down in the sale). It is always wise to use a true third party closing agent who is independent of the reseller and who operates from a verifiable escrow account. You should always be able to ask for the bank information where the escrow account is maintained, and then simply google the contact info for the bank and call to verify that an escrow account is actually maintained by the company. All payments should be made payable to the companies escrow account only!
If you believe you have been a victim of consumer fraud involving this business, please take the time to report the crime to the Colorado Attorney General's office by clicking HERE.