Five core values guide Pacaso’s leadership and Crew

At Pacaso, we're serious about creating a benefits package that reflects what we actually value: your growth, your financial security, and your wellbeing. We're building a diverse, dynamic, and intentionally distributed workforce across the U.S. pulling together best-in-class people who want to revolutionize second home ownership. We know that your talent is our most valuable asset. That conviction shapes everything from how we compensate you to how we invest in your future. Our most distinctive benefit is the Crew Pacaso Ownership Program (CPOP). This innovative initiative empowers Crew members to build genuine equity as Pacaso owners. Each team member can earn up to $25,000 over five years to apply toward purchasing their own Pacaso home. It's more than a perk, it's an opportunity to own!. Beyond CPOP, we've designed a benefits package that supports the whole person:

Pacaso is thrilled to announce it has been named No. 5 on This top‑5 placement is Pacaso’s second consecutive year in the Top 10, reinforcing the company’s leadership not just in real estate innovation but also as a premier workplace where talent thrives. What the Alongside Pacaso in the top five were other rapidly growing startups known for strong employee experiences and innovative cultures. What this means for the Pacaso Team “This recognition is a testament to the extraordinary team building Pacaso every day,” said Austin Allison, CEO and co‑founder of Pacaso. “From day one, we set out to create not just a category‑defining company, but a place where talented people can do the best work of their careers.” Being named one of Culture built on people and purpose Pacaso has experienced rapid growth by reshaping the vacation home market with its modern co‑ownership model, making luxury second‑home ownership more accessible. But beyond its business success, the company has invested deeply in a culture where collaboration, growth, and shared success are core values. “At the heart of our success is a crew that truly cares for one another,” said Nicole Luchau, Head of People & Talent. “We are proud to be part of an organization that balances prioritizing our people with pursuing our purpose.” Looking ahead This We’re honored to receive this accolade and grateful to the entire Pacaso team for helping make Pacaso one of the best places to work in America. To read more about

Owning a second home is a dream for many families, but it’s often complicated and a financial burden. Pacaso was founded to change that — making second home ownership more accessible, flexible, and enjoyable for modern buyers. What is Pacaso? By combining innovative technology, thoughtful design, and Pacaso is a technology-enabled real estate marketplace that reimagines second home ownership by making it more accessible, flexible, and manageable. Pacaso’s business model is based on How does Pacaso work? Buyers co-own This approach allows buyers to enjoy a turnkey, fully furnished vacation home at a fraction of the cost and hassle of full ownership, while still building potential equity in a desirable property. Whether it’s a mountain retreat, lakeside escape, or coastal getaway, Pacaso makes second home ownership more flexible, accessible, and stress-free. Who are the Pacaso founders? Pacaso was co-founded in 2020 by Austin Allison and Spencer Rascoff, two seasoned real estate tech executives on a mission to make luxury second home ownership more accessible. Together, they combined their expertise to create a co-ownership model that makes second homes more attainable, manageable, and enjoyable. In 2014, several years before Austin came up with the idea for Pacaso, he and his wife purchased a second home in Lake Tahoe. For Austin, co-founder and CEO of Pacaso, owning a second home had long been a dream—but making it a reality was financially challenging and logistically complex. “We were like most families who aspire to own a second home but could not easily afford it at the time,” he explained. “The only way we could make it work was to rent it out when we were not there. We felt privileged to own the home, but the stress and hassle of managing a rental to help pay the mortgage was burdensome.” This experience planted a seed in Austin’s mind: there had to be a simpler, more flexible way for families to enjoy second homes without the typical financial and management headaches. That idea would eventually grow into Pacaso, a company now redefining what it means to own a second home. How did Austin Allison build his real estate career? Austin grew up in Cincinnati in a working-class family. His father was a carpenter, and Austin was entrepreneurial from a young age — his very first venture involved building and selling birdhouses to families in his neighborhood. That early curiosity about creating and selling something tangible would foreshadow his future in business and real estate. Not long after, Austin’s interest in real estate began to take shape. He bought his first house at just 17 and earned his real estate license a year later, showing an early knack for understanding property and transactions. As his ambitions grew, Austin founded his first company, Dotloop, in Cincinnati. Dotloop, a platform that streamlined real estate transactions, quickly gained traction and attracted attention from industry leaders. Its success culminated in an acquisition by This combination of entrepreneurial spirit, early real estate expertise, and experience with innovative tech would later become the foundation for Pacaso, a company aiming to transform the way people access and enjoy second homes. What sparked the idea for Pacaso? It was before the acquisition of Dotloop that Austin purchased his second home. Even while running a successful business, Austin and his wife were thrilled to have a special place in a location they loved, a retreat where they could make memories and escape the everyday. Yet, the experience highlighted a gap in the market: second home ownership was complex, expensive, and often out of reach for many families. “I felt like I’d achieved a dream,” recalled Austin, “and I wanted to make that possible for more people.” That desire — to make owning a second home simpler, more affordable, and more accessible — became the seed for what would later grow into Pacaso, a company redefining the second home experience for families everywhere. How did Pacaso’s business model take shape? After leaving Zillow Group, this kernel of an idea started to develop. Austin and Spencer began brainstorming ideas for startups that would combine their shared passions for real estate, travel and tech innovation.  They gravitated toward the concept of making second home ownership more achievable for more people, of “right-sizing” ownership by allowing people to buy only the amount of a home that they’ll actually use, and enabling true ownership with far fewer hassles.  Austin believed that a When Austin discovered that most second homes are vacant 10-11 months each year, he also felt confident that co-owned homes, with a small owner group, would help keep second homes occupied year-round, bringing more consistent economic activity to local businesses.  Co-owners purchase the amount of home that meets their needs, and Pacaso handles all the management and maintenance — while communities benefit from invested owners who support local businesses. It was the better way of owning a second home that Austin had imagined was possible.   Why is the company called Pacaso? The story behind our name reflects the spirit of innovation at the heart of Pacaso. In case you’ve noticed the nod to a famous artist, it’s intentional. We are inspired by Pablo Picasso’s revolutionary thinking and the way he challenged artistic norms in the early 20th century. Picasso didn’t just create art — he reimagined how people could see and understand it, co-creating cubism, which brought together individual elements to form an entirely new and innovative whole. That approach resonated deeply with how we envisioned second home ownership. Just as Picasso combined pieces to create something bigger and more meaningful, Pacaso brings together multiple owners to create shared opportunities for owning a second home. By combining resources and rethinking traditional ownership models, we make it possible for more people to enjoy the benefits of a vacation home while reducing financial and logistical stress. “We chose the name Pacaso as a tribute to Picasso’s legacy of innovation, creativity, and challenging the status quo — values that continue to guide how we approach second home ownership today.” Watch the video to hear from Austin and learn more about the origin of Pacaso. How do I start my second home journey with Pacaso? Pacaso was created to make

In this year's Top Vacation Home Markets Report, we unveil the top 20 luxury vacation home markets of 2024. “The destinations on this year’s list really capture the breadth of the luxury vacation home market,” said Pacaso CEO and Co-Founder Austin Allison. “Legacy destinations remain as timeless as ever, Florida’s panhandle is solidifying its status as a favorite for vacationers, and Manhattan is resurging as a place where buyers are doubling down on second-home investments. These aren’t just weekend getaways anymore—they’re lifestyle investments for people looking to create endless cherished memories with friends and family.” 2024’s top luxury vacation home markets To identify the top U.S. markets for 2024, Pacaso analyzed second home mortgage rate lock data alongside growth trends in pricing and transaction volume. These 20 counties stand out for their significant increases in second home activity, proportion of second homes to primary homes, and demand for properties priced above $700,000. [*Source: Pacaso analysis of mortgage rate lock data from January 1, 2023 to December 10, 2024.] “As 2024 comes to an end, mortgage rates are starting to ease, home purchase applications have hit their highest levels since January, and growing inventory is helping drive more transactions. We’re seeing strong indications that demand for both primary and secondary homes will continue to grow into 2025," continue Allison. Jersey Shore prevails Cape May County, New Jersey, takes the top spot among the best vacation home destinations for 2024, with a proportion of second homes to primary homes exceeding 150%. As the southernmost county in New Jersey, Cape May is a beloved destination for residents of metropolitan areas like Philadelphia and New York City, offering iconic beach towns such as Ocean City and Avalon. In 2023, Cape May earned a spot on Pacaso's mid-year top second home market list and notably featured the highest-priced second home real estate on the list. While it no longer holds that title in 2024, the average vacation home price remains above $1 million. Also making the list is Ocean County, New Jersey, another Jersey Shore hotspot featuring beachfront communities like Seaside Heights, Long Beach Island, and Point Pleasant Beach. The county boasts 40 miles of barrier beaches, making it a prime destination for second home buyers. Florida’s panhandle grows in popularity During the pandemic years, snowbirds flocked to Florida for sunshine. Counties like Palm Beach, Lee, Broward, and Collier with established vacation home markets became a magnet for home buyers driven by migration trends, the desire for more space, and Florida's favorable tax environment. In 2024, counties along the Gulf of Mexico in Florida's Panhandle, such as Gulf and Walton counties, rank among the top vacation home markets of the year. Walton County is home to the renowned 30A, a scenic coastal highway, and features many popular beach towns along the Emerald Coast, including Alys Beach, Seacrest, and Seaside, making it a prime spot to scoop up a vacation home. Gulf County, part of the Panama City metro area, boasts 244 miles of white-sand shoreline, offering an equally desirable option for second home buyers. Manhattan resurgence as second home destination New York County, the most densely populated county in the United States, is redefining perceptions of second home markets in 2024, with second homes making up more than 33% of properties compared to primary homes. Following the pandemic-induced exodus, the city is experiencing a resurgence as buyers return to invest in luxury urban properties for occasional use or as part of their likely growing real estate portfolios. Legacy destinations maintain popularity When most people think of Markets like Cape Cod (Barnstable County, Massachusetts), home to the Kennedy Compound—also known as the "Summer White House"; Newport, Rhode Island; Maui, Hawaii; and Naples (Collier County, Florida), continue to dominate the second home market. These destinations are steeped in tradition, offering timeless vacation spots with strong cultural or natural appeal. And to no surprise: Maui and Newport counties are also in the top five of priciest vacation homes with averages sitting near $1,569,353 in Maui and $1,577,353 in Newport.  Washington County, Rhode Island, is similarly renowned for its charming towns, including Block Island, Narragansett, and Watch Hill—home to Taylor Swift's iconic beachfront National parks and scenic, adventure-focused towns attract vacationers Counties like Deschutes (Bend, Oregon), Coconino (Flagstaff, AZ), Buncombe (Asheville, North Carolina), Washington (St. George, Utah), Gallatin County (Bozeman, Montana) share a common appeal rooted in their proximity to outdoor recreation, natural beauty, and laid-back lifestyles. These markets attract buyers seeking a blend of adventure and tranquility, often tied to the growing trend of prioritizing wellness and work-life balance. Coconino County, Arizona, with its county seat in the beautiful mountain town of Flagstaff, is surrounded by the Coconino National Forest and the world's largest contiguous ponderosa pine forest. The county is also home to iconic destinations such as the Grand Canyon and Antelope Canyon. Washington County, Utah, made Pacaso’s top second home market list in 2022, likely due to its stunning natural attractions, including Zion National Park, which draws visitors from around the world annually with breathtaking scenery. On the 2024 list, Washington County had the lowest average vacation home prices at $740,628. In Montana's Gallatin County vacation home real estate is north of $1.3 million, likely due to its proximity to Yellowstone National Park. Southern hospitality calls families “home” Beaufort County, home to Hilton Head, and Charleston County, home to Charleston, highlight the growing allure of the Carolinas for second home buyers. These areas offer coastal charm, Southern hospitality, and increasing luxury property options, making them prime choices for affluent buyers. “This data comes as no surprise to us at Pacaso,” said Austin Allison, CEO of Pacaso. “Hilton Head was the first East Coast vacation home market where we introduced co-ownership. Our current owners and buyers also adore the Charleston barrier islands, and in response to the demand, we’ve just introduced another stunning home on the beautiful Kiawah Island, ‘Palmetto Cove.’” Methodology Pacaso identified the top U.S. luxury second home markets by selecting 20 counties with the highest index scores, determined by analyzing key metrics such as the proportion of second homes to primary homes and growth trends in second home rate locks and prices from 2023 to 2024. Counties with fewer than 50 second home rate locks or where second homes accounted for less than 5% of transactions were excluded. Markets were further filtered to include only areas with average second home prices above $700,000 and positive price growth during this period. Weighted criteria emphasize popularity, demand, and recent growth, highlighting dynamic and high-value second home destinations. The markets are ranked based on the largest proportion of second homes to primary homes.

At Pacaso, we are committed to creating a culture where all Crew members feel like they belong, are empowered to make an impact and have an opportunity to be successful. To achieve this goal, we need a diverse and inclusive Crew —  there’s plenty of evidence indicating that Diversity is an outcome of equitable hiring Equitable hiring at Pacaso refers to the processes we’ve developed to reduce bias and give all candidates a fair chance of securing a job. One area we’ve put a lot of thought into is the interview. Without structure and standardization, bias can easily creep into this aspect of the hiring process.   We assign a clear focus area to each interview and are consistent in the types of questions we ask; this helps us keep the conversation focused on the candidate’s skills and attributes. Following the interview, we capture feedback in our applicant tracking system and hold debriefs, staying mindful of the focus areas. We require all Crew members to attend an in-depth "Inclusive Interviewing" workshop to ensure they’re equipped with the tools and knowledge to interview effectively and fairly.  Discussing our hiring initiatives through the lens of equitable hiring pushes us to be strategic, thoughtful and process-oriented. Diversity is the outcome of these hiring practices.  Talent has no boundaries  Being a fully distributed company is core to our strategy of building a diverse team. Since we aren’t limited by geography, we can tap into perspectives and talent across the U.S. and beyond.  This flexibility and reach also supports our broader mission as a company. Pacaso buyers and owners live in many different regions, and they’re interested in second home destinations throughout the country. A Crew with diverse perspectives, experiences and knowledge mirrors the diversity of the customers we want to serve.  Diverse teams are the first step  We find tremendous value in reporting and reflecting on the makeup of our team, and we hold ourselves accountable for our progress around diversity initiatives. Having a diverse team doesn’t automatically mean you have an inclusive culture, however. It doesn’t ensure that your practices are equitable or that employees feel a sense of belonging.  To supplement our initiatives around equitable hiring, we have quarterly All Crew diversity conversations on topics related to building and scaling equitable experiences for everyone. We also bring in speakers and have panel conversations around diversity, giving our Crew an opportunity to learn from leaders in the space and ask questions through a group forum.  We also routinely survey our Crew to gauge their perceptions and feelings around diversity, inclusion and belonging. We use that information to build on what we’re doing well and take action in areas where we can improve.  Equitable hiring is an essential starting point, but fostering an inclusive culture requires an ongoing commitment and willingness to shift course as needed. 

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Enjoying family time should be easy. Part of what makes the Pacaso experience stand out is our dedicated team of home managers, Lindsey Harden (Tahoe) In the Tahoe region is Senior Home Manager Lindsey Harden, who shares the care and service owners can expect. Aaron Olthoff (Colorado) If you’re a owner in Colorado, you’ll get to know Aaron Olthoff. He shares how he keeps every home in the Vail, Breckenridge, Aspen and Steamboat Springs region in top condition all year long. Want to experience the Pacaso lifestyle for yourself? Browse our