Pacaso vote could offer roadmap for other opponents of fractional homes

Proposed regulations in Park City, Utah, would restrict Pacaso to areas reserved for timeshares. A vote is scheduled for Oct. 27 and could provide a blueprint for critics in other communities. Continue reading

Pacaso slashes 30% of workforce, citing rising rates and home prices

Pacaso employees impacted by the cuts will be provided severance, healthcare coverage and career help, Pacaso CEO Austin Allison said during an all-hands conference call Tuesday. Continue reading

Pacaso: What it is and how agents can use the second-home platform

Pacaso has emerged as a leading second-home platform in the real estate co-ownership market. Here’s how real estate agents can earn more by selling one-eighth shares in any market. Continue reading

Pacaso co-founders: ‘We’re in the early days of exciting new category’

Pacaso CEO Austin Allison and Board Chairman Spencer Rascoff spoke to Inman about the emergence of a game-changing second-home model on the eve of its launch into a new market in California. Continue reading

These 12 startups will go head-to-head at NAR’s ‘Pitch Battle’

Contestants offer tools for virtual agent coaching, real estate investing, floor plans, inspections, property co-ownership, secure document storage, rentals, home renovation and agent finances. Continue reading

These are the 15 best real estate companies to work for in 2022

Last week, “Fortune” and Great Place to Work released a list of the 35 Best Workplaces in Real Estate in 2022. Zillow, Opendoor and Pacaso were all near the top of the list. Continue reading

Ember moves to allow owners to use shares as short-term rentals

Ember Flex represents a shift for the co-ownership startup, which sells one-eighth shares of luxury homes in vacation markets across the West Coast. Continue reading

Heat is on: Summer is latest entrant in crowded vacation home market

Underlying Summer’s proprietary underwriting analysis is data from AirDNA, and it leverages VRBO, Airbnb and Booking.com to promote availability in its clients’ homes Continue reading

RE/MAX Approved Supplier Pacaso aims for deep industry adoption

This strategic alliance with RE/MAX will formally introduce the co-living leader to agents who operate in markets where it has homes and shares available. Continue reading

Spencer Rascoff: Housing demand ‘has fallen off a cliff’

The former Zillow CEO said the rising cost of mortgages has cooled demand for homes, adding that he hopes in 2023 the Fed will be able to stop raising interest rates. Continue reading