{"id":14670,"date":"2025-01-13T06:24:39","date_gmt":"2025-01-13T06:24:39","guid":{"rendered":"https:\/\/imsfund.com\/?p=14670"},"modified":"2025-01-13T06:24:39","modified_gmt":"2025-01-13T06:24:39","slug":"former-zillow-execs-target-1-3t-market","status":"publish","type":"post","link":"https:\/\/imsfund.com\/index.php\/2025\/01\/13\/former-zillow-execs-target-1-3t-market\/","title":{"rendered":"Former Zillow Execs Target $1.3T Market"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<p>\n          Disclosure: Our goal is to feature products and services that we think you&#8217;ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners.\n      <\/p>\n<div>\n<p>Spencer Rascoff co-founded Zillow. Austin Allison sold his company to Zillow for $125 million. Now they&#8217;ve teamed up to co-found Pacaso and transform the $1.3T vacation home market.<\/p>\n<p>Pacaso&#8217;s streamlined digital marketplace is leading the co-ownership revolution, making luxury vacation homes accessible, fully utilized, and hassle-free. And the results speak for themselves: nearly $1 billion in transactions, 1,500+ happy homeowners, $100 million+ in gross profits, and impressive growth on their H1 2024 earnings, the company says.<\/p>\n<p>With properties in 40 markets, Pacaso is using co-ownership to make luxury vacation homes accessible worldwide. And this is just the start. Even better \u2013 <a href=\"https:\/\/invest.pacaso.com\/?utm_source=dmrpacasolandingpage&amp;utm_medium=partnership07-01_12-31&amp;tnames=partnership07-01_12-31_10758330809\" rel=\"follow\" target=\"_self\">investors can join for just $2.70\/share<\/a>.<\/p>\n<h2><strong>Next-generation co-ownership<\/strong><\/h2>\n<p>Pacaso&#8217;s co-ownership model is powered by proprietary tech and an innovative structure that eliminates the headaches of traditional vacation home ownership. Here&#8217;s how it works:<\/p>\n<ul>\n<li><strong>Seamless transactions:<\/strong> Clients easily buy, finance, and resell shares of luxury homes through Pacaso&#8217;s intuitive platform.<\/li>\n<li><strong>Turnkey ownership:<\/strong> Pacaso handles maintenance, scheduling, and furnishing; owners simply enjoy their vacation homes.<\/li>\n<li><strong>Maximized value:<\/strong> Homes that once sat empty 90% of the year now stay occupied nearly year-round, benefiting owners and local economies.<\/li>\n<\/ul>\n<p>And the demand for their services and expertise is real. Co-ownership is <a href=\"https:\/\/www.pacaso.com\/blog\/co-ownership-growth-report\" rel=\"follow\" target=\"_self\">growing 21% annually<\/a> in the U.S., and <a href=\"https:\/\/press.pacaso.com\/2024-08-20-Pacaso-Homes-Outperform-Average-Luxury-Home-Market-Appreciation-by-Double-in-10-Key-Vacation-Home-Regions,-RCLCO-Finds\" rel=\"follow\" target=\"_self\">Pacaso homes have appreciated nearly 10% since 2021<\/a> \u2013 roughly double the growth of the broader luxury market.<\/p>\n<h2><strong>Dominating a $1.3 trillion market<\/strong><\/h2>\n<p>Pacaso is leading the charge in the $1.3 trillion U.S. vacation home market, combining real estate innovation with tech-driven efficiency to generate multiple revenue streams. These include transaction service fees on every sale, recurring property management fees, and exclusive financing options tailored to co-owners.<\/p>\n<p>The platform&#8217;s global reach is growing quickly, with recent market expansions in Paris and London. In fact, Pacaso&#8217;s first Paris property sold out so fast that they purchased a second \u2013 on the same street. Now, as they scale, Pacaso&#8217;s unique model is poised to dominate the vacation home segment.<\/p>\n<h2><strong>Why investors are paying attention<\/strong><\/h2>\n<p>There are many reasons top firms like SoftBank and Maveron have already backed Pacaso, including:<\/p>\n<ul>\n<li><strong>Proven leadership:<\/strong> Pacaso&#8217;s founding team helped grow Zillow to a $16 billion valuation.<\/li>\n<li><strong>Strong growth metrics: <\/strong>Nearly $1 billion in transactions, over $100 million in gross profits, and a 38% year-over-year increase in adjusted gross profit in H1 2024.<\/li>\n<li><strong>Surging demand:<\/strong> 40% of Americans want to buy a vacation home <em>in the next year <\/em>(Coldwell Banker), and co-ownership is growing 21% annually in the United States<\/li>\n<\/ul>\n<p>And here&#8217;s the kicker: Pacaso is now accepting public investment in this co-ownership boom for just $2.70 a share.<\/p>\n<p>Claim your stake in Pacaso today and be part of this market&#8217;s next big disruption. <a href=\"https:\/\/invest.pacaso.com\/?utm_source=dmrpacasolandingpage&amp;utm_medium=partnership07-01_12-31&amp;tnames=partnership07-01_12-31_10758330809\" rel=\"follow\" target=\"_self\">Visit invest.pacaso.com to learn more<\/a>.<\/p>\n<p><em>This is a paid advertisement for Pacaso&#8217;s Regulation A offering. Please read the offering circular at <a href=\"https:\/\/invest.pacaso.com\/?utm_source=dmrpacasolandingpage&amp;utm_medium=partnership07-01_12-31&amp;tnames=partnership07-01_12-31_10758330809\" rel=\"follow\" target=\"_self\">invest.pacaso.com<\/a>.<\/em><\/p>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.entrepreneur.com\/money-finance\/former-zillow-execs-target-13t-market\/485370\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Disclosure: Our goal is to feature products and services that we think you&#8217;ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners. Spencer Rascoff co-founded Zillow. Austin Allison sold his company to Zillow for $125 million. Now they&#8217;ve teamed up [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":14671,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"fifu_image_url":"https:\/\/assets.entrepreneur.com\/content\/3x2\/2000\/1736451372-5A-Pacaso-Partnerships-2000x1333-102424-008.jpg?format=pjeg&auto=webp","fifu_image_alt":"","footnotes":""},"categories":[9],"tags":[],"class_list":["post-14670","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"_links":{"self":[{"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/posts\/14670","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/comments?post=14670"}],"version-history":[{"count":1,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/posts\/14670\/revisions"}],"predecessor-version":[{"id":14672,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/posts\/14670\/revisions\/14672"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/media\/14671"}],"wp:attachment":[{"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/media?parent=14670"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/categories?post=14670"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/tags?post=14670"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}