I
nvest in the future of co-ownership, a $1.3 trillion market opportunity that's poised to disrupt the traditional homeownership model. Austin Allison, CEO and co-founder of Pacaso, is leading the charge with his innovative real estate co-ownership platform.

    Allison's experience buying a second home inspired him to create Pacaso, which allows users to buy one-eighth to one-half of a luxury vacation home. The company manages ownership hassles like maintenance, scheduling, and billing, giving homeowners the freedom to simply show up and enjoy their time. Since its inception, Pacaso has generated over $110 million in gross profits.

    Pacaso's leadership team is comprised of industry veterans with impressive credentials, including Zillow, dotloop, Re/Max, and Tripadvisor. The company has already secured funding from notable investors like former Starbucks CEO Howard Schultz and venture capital institutions SoftBank, Fifth Wall, and Greycroft.

    With over $1 billion in real estate transactions and associated service fees under its belt, Pacaso operates in 40 core markets across four countries. Allison believes that co-ownership represents a massive opportunity, citing the fact that tens of millions of people worldwide aspire to have a second home.

    According to Coldwell Banker, 40% of wealthy Americans want to buy a vacation home abroad in the coming year. Pacaso's business model is unique, offering co-ownership of luxury homes on a global scale – a concept that differentiates it from do-it-yourself co-ownership options.

    Pacaso recently reserved the Nasdaq ticker PCSO and has opened up its latest funding round to the public, democratizing access to investment opportunities. This move aligns with the company's mission to make luxury vacation homes more accessible to everyone.

    As Pacaso expands internationally, it's making significant strides in Europe and Mexico. The company has eight homes in Cabo San Lucas, Mexico, and closed on three homes in Europe last year – two in Paris and one in London. With a UK lender as a partner, Pacaso is poised for further global growth.

    Early signs indicate that the company is off to a strong start, with Pacaso homes appreciating nearly 10% since 2021 compared to 4.9% for the luxury residential market in its key regions. If you're interested in joining Pacaso's mission to disrupt the $1.3 trillion co-ownership market, now's an opportune time to invest – but be sure to act before May 29 when the share price changes.