Pacaso modernizes the generations-old practice of co-owning a second home by creating a marketplace that makes buying and selling easy and adding professional management and technology to make scheduling dates and owning the home seamless and simple. Buyers considering a second home can tell Pacaso where they want to buy, how much they want to spend, and how much time they expect to spend in the house. Pacaso and its real estate agent partners will help them find the perfect home and set up a professionally managed LLC uniquely designed for co-ownership. The buyer will purchase their desired share—for example, half of the home, which will guarantee them access to the home for half the year—and Pacaso will briefly purchase the remainder of the home, before reselling the remaining portion to vetted buyers. Pacaso will manage the property, and owners will use Pacaso’s mobile app to make scheduling easy and equitable.
Pacaso's core mission is centered around revolutionizing the way people own and experience second homes, making luxury property co-ownership more accessible and hassle-free. By leveraging technology and a unique co-ownership model, Pacaso aims to empower individuals to invest in their dream homes while promoting a sustainable approach to real estate. Ultimately, Pacaso strives to create a seamless and enjoyable home ownership experience, fostering a sense of community and shared success among its members.
- Collaboration: Pacaso values teamwork and collaboration, recognizing that diverse perspectives and shared problem-solving lead to better outcomes.
- Transparency: Pacaso prioritizes transparency in all aspects of the business, from communication with employees to financial reporting.
- Sustainability: Pacaso is committed to sustainable practices and reducing its environmental impact, both in its operations and in the homes it helps create.
- Innovation: Pacaso encourages innovation and creativity, empowering employees to explore new ideas and push boundaries in the real estate industry.
Director of European Expansion