Pacaso is now offering shares in homes for as little as $130K
The new price point marks a strategy shift for the company, which buys homes in vacation markets, converts them into LLCs and sells shares to up to eight buyers
by Taylor Anderson Mar 26
Pacaso, Serena & Lily offer luxury listing along Florida's '30A'
With ⅛ shares available for $840K, the latest opportunity also marks Pacaso's first venture alongside a dedicated homegoods partner
by Craig C. Rowe Mar 7
Zillow's Spencer Rascoff launches AI personal assistant heyLibby
The latest product of Rascoff's 75 & Sunny Labs, heyLibby takes care of engaging and tracking leads for business owners. The free platform takes less than 5 minutes to set up, company said
by Marian McPherson Aug 17
Property investing is so hard, even Spencer Rascoff steers clear of it
The co-founder of Zillow and Pacaso just isn’t that into traditional real estate — at least as an income-generating investment, he told Arrived CEO Ryan Frazier in a recent interview
by Daniel Houston Jun 30
Offerpad executes 1-for-15 reverse stock split to head off delisting
Pioneering iBuyer hopes to bring share price back above the New York Stock Exchange's $1 minimum threshold by converting every 15 shares of outstanding common stock into 1 share
by Matt Carter Jun 12
Spencer Rascoff
The portal's co-founder and former CEO also said that Zillow's impact includes creating tens of thousands of new 'super agents'
by Jim Dalrymple II May 25
Newport Beach officially calls Pacaso a dirty word: 'Timeshare'
The California coastal town of 85,000 voted unanimously to relegate co-owned homes — like those sold by Pacaso and Ember — to areas that typically don't have luxury homes in them
by Taylor Anderson May 11
Zillow settles shareholder lawsuit over co-marketing program
Zillow has maintained its agent-lender co-marketing program is RESPA compliant, and admitted no wrongdoing while agreeing to pay $15M, which was granted preliminary approval Monday
by Matt Carter Apr 4
Proptech has reached an inflection point. So, like, what happens now?
Opinion
Disruptive sales models, lead aggregators and search products have transformed proptech into a true marketplace while freeing venture capitalists up to become more than mere power brokers
by Craig C. Rowe Mar 1
Offerpad buys more time with $90M raise as end of runway approaches
Private placement with existing investors including CEO Brian Bair extends the company's cash burn runway by six months to a year, dilutes existing shareholders KBW analysts say
by Matt Carter Feb 1
CoStar considering purchase of Realtor.com parent: Report
Acquiring Realtor.com would significantly advance CoStar's push into residential real estate — and bring it into greater conflict with the industry's existing power players
by Jim Dalrymple II Jan 25
Pacaso slashes 30% of workforce, citing rising rates and home prices
Pacaso employees impacted by the cuts will be provided severance, health care coverage and career help, Pacaso CEO Austin Allison said during an all-hands conference call Tuesday
by Craig C. Rowe Oct 11
It's the end of an era as 'father of the Zestimate' retires from Zillow
Stan Humphries, most recently Zillow's chief analytics officer, announced his retirement this month after 15 years with the portal. For better or worse, his work changed real estate forever
by Jim Dalrymple II Oct 11
Pete Flint and Spencer Rascoff to share the stage together in 2023 at real estate's premier conference
Former Zillow CEO Spencer Rascoff and former Trulia CEO Pete Flint will collaborate on stage on January 25 at #ICNY
by Laura Monroe Sep 22
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
by Craig C. Rowe Sep 20