A letter from our CEO

Published Date: January 5, 2023

I always dreamed of owning a second home. As a kid, I’d hear friends talk about their family’s special getaways, and I imagined what it must be like to have your own little escape, a place you looked forward to visiting year after year. I grew up, but I held onto that dream, and my wife and I were finally able to make it a reality a few years ago when we bought a second home in Lake Tahoe. Still, it was a stretch financially, and the only way we could make it work at the time 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.I discovered that most second homes are underutilized by their owners — 10 or 11 months of the year they’re rented out, like ours, or sitting vacant. At the same time, there are millions of people who would love to own a second home, but they look at prices and think it’s out of reach.My experience of second home ownership — both the overwhelming gratitude and the occasional frustration — planted the seed for Pacaso. I thought, “What if we could make it easier for more people to own a second home and enjoy all the benefits, but with fewer hassles and less expense?” In pursuit of a solution, I teamed up with my friend and colleague Spencer Rascoff, the former CEO of Zillow, and we created Pacaso. Pacaso’s mission is to enrich lives by making second home ownership possible and enjoyable for more people. And the two most important words in that sentence are “enrich lives” — that belief drives everything we do and every decision we make.Passion, momentum and drive — those are three words you’ll often hear people use to describe working at Pacaso. We are a high-growth, fast-paced startup fueled by a high-energy Crew and a team of seasoned, innovative leaders. You’ll love working here if you are ambitious, self-directed and excited to push our mission forward. We’ll expect you to roll with change, because we’re constantly adapting, and to be thinking ahead to what’s next. If you’re ready to do the best work of your career, Pacaso is a place where you can thrive. We’re excited to meet you.Let’s go!Austin

Austin Allison

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