Former Zillow CEO Spencer Rascoff says CoStar is ‘rooting for chaos’

The CEO-turned-proptech investor warns a government probe into cooperative compensation between agents could be a “black swan” event that benefits CoStar. Continue reading

Ember adds Newport Beach home to luxury co-ownership platform

Ember, a Salt Lake City-based technology-driven co-ownership company, is now selling shares of a home in the Southern California luxury market of Newport Beach. Continue reading

Pacaso, Engel & Völkers partner to formalize co-ownership model

Luxury real estate brand Engel & Völkers and second-home co-ownership platform Pacaso have formally partnered to promote the sale of homes branded as co-owned luxury properties. Continue reading

London Calling: Shares in Mayfair luxury penthouse now available from Pacaso

London has become Pacaso’s first UK-based luxury home market, its second in Europe after launching its overseas operation in Marbella, Spain, in late 2021. Continue reading

From NFTs to IPOs: The top real estate investment stories of 2021

Proptech’s banner year, a couple long-awaited IPOs, surging rent growth and more — here’s all the hot Property Portfolio news that hit the press in 2021. Continue reading

Pacaso shares now available for luxury home in Santa Barbara

Pacaso acquires luxury second homes under an LLC, then sells that LLC in shares, using an in-house developed app to coordinate usage, order maintenance when needed and generally oversee aspects of ownership. Continue reading

Pacaso’s latest market is California’s rugged, stunning Monterey Bay

Second home ownership platform Pacaso announced the acquisition of a home in the Monterey Bay market, a coastal, sought-after respite that boasts some of the nation’s most scenic communities, such as Pebble Beach and Carmel-by-the-Sea. Continue reading

WATCH: Sean Black and Spencer Rascoff talk Zillow

What does the demise of Zillow Offers mean for investment and innovation in real estate? This is just one of many questions that will be discussed at Connect Now today. Watch a free preview now, then register to tune in live — plus, get all the replays… Continue reading

Pacaso gallops into Wyoming’s top luxury market

Aspiring owners in Jackson Hole, Wyoming, can now take advantage of the unique ownership model devised by co-founders Austin Allison, who developed dotloop and sold it to Zillow, and former Zillow CEO, Spencer Rascoff. Continue reading