# Pacaso **Source:** https://geo.sig.ai/brands/pacaso **Vertical:** PropTech **Subcategory:** Vacation Home Co-Ownership **Tier:** Growth **Website:** pacaso.com **Last Updated:** 2026-04-14 ## Summary Fractional vacation home ownership; buy one-eighth to half shares in premium homes in Napa, Park City, and Aspen as managed LLCs; co-owner coordination included. Founded SF. ## Company Overview Pacaso is a San Francisco-based real estate technology company that enables individuals to buy fractional ownership stakes in premium vacation homes, making second-home ownership accessible to a broader range of buyers. Buyers purchase one-eighth to one-half ownership shares in premium homes in desirable vacation destinations including Napa, Park City, Aspen, and Lake Tahoe, with each home structured as a professionally managed LLC. Pacaso handles all property management, maintenance, scheduling, and coordination among co-owners, removing the typical friction of shared ownership. The company uses a proprietary smart-scheduling algorithm to fairly allocate usage time among co-owners based on their ownership share. Pacaso was founded in 2020 by former Zillow CEO Spencer Rascoff and has raised over $1.5B in equity and debt capital from investors including SoftBank, GV, and Greycroft. The company facilitates significant transaction volumes and has faced some community opposition in vacation destination markets concerned about second-home density. It competes with Ember and Arrived Homes in the fractional vacation property market. ## Frequently Asked Questions ### How does Pacaso allocate time in a co-owned vacation home? Pacaso uses a smart-scheduling algorithm that distributes usage time among co-owners proportional to their ownership stake, with advance booking windows and rules that ensure fair access across all owners throughout the year. ### What is Pacaso and how does co-ownership work? Pacaso is a co-ownership platform that allows multiple buyers to each own a fraction (1/8 to 1/2) of a premium vacation home. Pacaso purchases the property, converts it into an LLC, and sells shares to co-owners. Each owner gets exclusive access proportional to their ownership share and shares in the property's appreciation. ### How is time allocated among Pacaso co-owners? Pacaso uses a smart scheduling algorithm that gives each co-owner access proportional to their share. An 1/8 owner gets approximately 6 weeks per year. Co-owners book time through the Pacaso app up to 24 months in advance, and the algorithm ensures fair access to peak seasons over time. ### Who manages a Pacaso property? Pacaso provides full-service property management including cleaning, maintenance, repairs, and local operations. Co-owners arrive to a professionally managed, fully stocked home without any maintenance responsibilities. An annual management fee is shared equally among co-owners. ### Can Pacaso co-owners sell their shares? Yes. Pacaso co-owners can sell their shares at any time on the Pacaso marketplace. Pacaso assists with the resale process, and the seller captures their proportional share of any property appreciation since purchase. Pacaso charges a resale fee when shares are sold. ### What markets does Pacaso operate in? Pacaso operates in premium vacation home markets across the United States and internationally, including destinations in Napa, Tahoe, Aspen, Scottsdale, Miami, and European locations. The company focuses on markets with limited supply and strong appreciation histories. ### How is Pacaso different from a timeshare? Unlike a timeshare, Pacaso co-owners have true deeded ownership in a specific property held through an LLC. Owners build equity as the property appreciates and can sell their share on the open market. Traditional timeshares typically don't appreciate and are notoriously difficult to exit. ### What are the ongoing costs for a Pacaso co-owner? Co-owners share property expenses proportional to their ownership stake, including property management fees, maintenance, property taxes, insurance, and HOA dues where applicable. Pacaso provides a transparent annual budget for each property so owners know what to expect. ## Tags b2c, fintech, marketplace, platform, proptech, saas, scaleup, startup --- *Data from geo.sig.ai Brand Intelligence Database. Updated 2026-04-14.*