Selling FAQs

Selling part of your home

• Why would I sell part of my home to Pacaso?

  Selling ownership interest in your home allows you to keep using the home, while distributing costs and realizing liquidity. If you love your second home but aren’t getting the most out of it, co-ownership may be a great option for you.

• How does the home sale process with Pacaso work?

  If your home is the right fit, Pacaso will market and sell an agreed upon ownership percentage of your home. After the agreed ownership interests are sold, the home is placed into a property-specific LLC. You retain the amount of ownership that meets your needs, up to 50%, and Pacaso will find buyers for the rest.

• What work is needed to prep for a sale?

  The process is lightweight and hands-off for you as a seller. Along with a local real estate agent, we create a full suite of custom print and digital marketing materials to show your home at its best. And after closing, we add designer touches and do any necessary repairs.

• How do you find buyers to purchase shares in my home?

  Our team has over 100 collective years working in the real estate industry. We are skilled at driving buyer demand through online and offline marketing strategies. We also work with local real estate agents who are local experts in the community, and market the listing to their network.

• How are prospective owners evaluated?

  We vet all owners, who agree to a common-sense owner code of conduct. The home will be reserved for the exclusive use of owners and their guests.

• What happens to my furniture when I sell part of my home?

  Our interior design team reviews each home. If the existing furniture is a fit for Pacaso, we purchase it directly from the seller. If not, the home is given a full interior design makeover following closing.

• Does Pacaso need to sell all the shares of the home before I can start using it?

  Once half of the available ownership interest is sold, Pacaso works with the seller to contribute the home into a property-specific LLC. Following contribution, owners can begin using the home while the company sells the remaining ownership.

• What happens if I want to sell in a few years?

  You may sell your portion of ownership at any time if your home is fully sold. If your home has available shares for sale, you will be eligible to sell your interest after 12 months of ownership. You choose the price, and we'll market the home just like a whole home listing. Other owners have the right of first refusal.