Called the Second Home Specialist Certification, the curriculum will expand agents' knowledge of the unique nature of selling high-end homes in destination markets
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New report from Pacaso reveals the factors that go into a luxury second home purchase and how agents can address clients’ needs
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
Ember Flex represents a shift for the co-ownership startup, which sells one-eighth shares of luxury homes in vacation markets across the West
The web-based service will empower Pacaso owners to confidently arrange and pay for vetted care providers in the array of luxury markets where the app is operating
'The luxury second home market is known for having homes sitting vacant most of the year, which isn’t efficient, enjoyable or sustainable' — Ryan Serhant
Opinion
The company has worked with legal professionals, agents and done the research to become a valuable partner to the industry on what could very well become the best new way to own property
Almost a year after streamlining its buy box to avoid median-priced homes, co-ownership platform Pacaso claims it has had a net positive impact on the destinations it operates in
Aspiring owners can purchase anywhere from 1/8 to 1/2 of a Pacaso home, have it professionally designed and serviced and work with preferred agents to secure their share
Opinion
Agents who work with luxury buyers seeking to secure a share of an Ember home should be aware of how this unique purchasing model operates
The ski community of Sun Valley, Idaho, is home to Pacaso's latest co-owned luxury home, with shares for the contemporary 4-bedroom, 6-bathroom townhouse starting at $1.092M
Ember is not a timeshare, and part of its mission is to ensure vacation homes remain actively used instead of serving as empty wealth trophies
The international brokerage, based in Germany, will not be an exclusive listing agent for Pacaso. The union instead formalizes the marketing of Pacaso's available home shares to qualified Engel & Völkers clients
Pacaso is making available 1/2 to 1/4 shares of the Maui home, which will be operated by a team of local service providers
The Salt Lake City-based proptech startup is focusing on 20 markets in 10 states, including Utah, Oregon, New Mexico, Texas and California