Resale FAQs

Owner resale

• How does Pacaso resale work?

  Any Pacaso owner can choose to sell their ownership interest, at any time. Each owner has independent control over the sale and price of their share. Pacaso will provide you with a current comparative market analysis (CMA) for your ownership interest, which you can use to help set your price. Pacaso will assist in the sale process by tapping into its existing marketplace of buyers (some homes even have waitlists) and marketing the home on Pacaso and third-party websites. Completion is fast and streamlined.

• Can a Pacaso owner really choose any sale price for their share?

  Pacaso recommends a market price, but the seller makes the final call.

• Can buyers negotiate the sale price an owner has set?

  Yes, we think of the resale marketplace as fluid and moving in line with the open market, so buyers are welcome to bring offers. The seller can choose to accept or decline any offer.

• What happens if my share isn’t selling?

  In addition to listing the home on Pacaso and third-party websites, Pacaso will actively market the share, which may include promoting the listing through email or direct mail marketing. If we’re not seeing buyer interest despite these marketing efforts, we might recommend lowering the asking price.

• Are there closing costs, commissions or other transaction fees for Pacaso owners who sell their shares?

  For the seller, a standard commission fee is deducted from the final sale price. For the buyer, there are no title, survey or service fees on resale transactions. Buyers fund the first six months of their home’s operating expenses at completion, similar to stamp duty and fees in a traditional sale. Buyers who choose to finance their purchase also pay a financing fee at completion.

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