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Resort Condos Plus - anyone? (by Shamus M.):

I just had a friend come to me and ask about using these people, and they happened to call while he was standing with me so I talked with them. I am a realtor and although I don't get involved with timeshare sales, there are some pretty basic rules. I asked why they couldn't take their fees out at closing and he said that it was against the law for a third party to get paid out of a real esate transaction. True. What they are doing and what they are claiming to do are two different things. If they are in fact setting up transactions, then they are doing so illegally. If they are "advertising", then they could legally get paid at closing for their services and just have a contract stating their fees to be paid at closing. Either way, it's a a no-brainer, do not give money for something that you have no contract for services and a performance clause.