Property investors can partition their investment as well, using a digital currency as a down payment and traditional financing for the rest of it, or divide the costs and currencies in whatever way best suits them
Citing data from Optimal Blue, Pacaso reports that median second home prices in Summit County, where Park City is located, have gone up 20.5% year over year
Sponsored Content
Co-ownership gives agents more options for vacation home buyers
The luxury home co-ownership startup's influx of cash and investor backing can't buy away the company's troubles with vocal protesters in Northern California
'Pacaso is going to change the game in South Florida,' said Compass agent Josh Dotoli, who is leading the brand's expansion in the region
The company's model allows multiple parties to co-own luxury second-homes in locations such as Lake Tahoe, Aspen, Napa and Malibu. It operates in 25 markets to date
How to leverage changes in the luxury market into advantages and opportunities
Startup Kocomo has raised $56M to further its mission of democratizing owning a luxury second home in popular vacation destinations like the Caribbean and Mexico
Recon Food, which Rascoff launched with his 16-year-old daughter Sophia on Tuesday, is designed for users to share photos of food from restaurants and recipes made at home
The company, which offers co-ownership of second homes in 20 U.S. markets, announced plans to expand into Europe, Mexico and Canada
Pacaso co-founder Austin Allison and The Agency CEO Mauricio Umansky talk about the future of second-homeownership as Americans prepare for a new normal
Real estate agents, Pacaso employees and homeowners will receive 500 restricted stock units for every closed referral
The second home co-ownership startup announced it will only buy homes valued at $2 million or more in Napa and Sonoma, California, so as to not compete with homes in the markets' median price tier
Pacaso CEO Austin Allison explains how remote working, inventory shortages and co-ownership models are changing the fabric of second-home markets
Pacaso named Marnie Blanco as its vice president of industry relations on Thursday. She'll oversee strategic industry partnerships and relations growth