Pacaso

single-family homes for potential buyers, and focuses exclusively on co-ownership. The platform facilitates residential property co-ownership for their clients through a limited liability company (LLC), along with the use of the co-owned house throughout the year by authorizing a calendar among the stakeholders of a property, through its scheduling solution SmartStay. Through this solution, Pacaso also manages aspects such as furnishings, repairs, and utilities on behalf of homeowners.

A piece of its co-owning real estate can vary from one-eighth of the home to a higher fraction of ownership. Using this business model, Pacaso targets wealthy individuals with most of the listings being luxury or high priced homes, typically purchased as second homes.

The platform is monetized through a mix of subscription and commission-based business models. Pacaso charges a 12% fee on home purchases and a USD 100 monthly fee from each owner once the purchase is made.

Pacaso has managed around USD 200 million worth of real estate on its platform, spanning over 25 markets across the US, which include areas such as Palm Springs, Miami, Oregon, Maui, Scottsdale, with international presence across Spain in the cities of Marbella and Ibiza.  In January 2024, it launched its co-ownership platform into Paris, its first venture into the French market. It marks Pacaso's growth to 40 destinations across four countries: France, Mexico, UK, and US.

As of December 2023, Pasco reached over USD 1 billion in accumulated revenue.

Key customers and partnerships

As of December 2023, Pasco had over 1,500 customers.

In November 2022, Pacaso partnered with Alto, a ride sharing platform, and Surf Air, a regional air travel provider to provide embedded travel options through its platform which can allow users to seek travel options to their co-shared Pacaso homes through road and air travel.