Are you looking for a creative option for your ultra-high-net-worth clients that are looking to diversify and enjoy their real estate portfolio? If so, this episode is for you. Spencer Rascoff and I engage in an in-depth conversation on fractional ownership and luxury real estate.
Spencer is an entrepreneur and company leader who co-founded Zillow, Hotwire, dot.LA, Recon Food and Pacaso. He served as Zillow’s CEO for a decade. During Spencer’s time as CEO, Zillow employed over 4,500 employees, $3 billion in revenue, and $10 billion in market capitalization. Before Zillow, Spencer co-founded and was VP of Corporate Development of Hotwire, which was sold to Expedia for $685 million in 2003.
In the fall of 2019, he co-created and co-taught the Harvard Business School’s course, managing tech ventures. Spencer hosts Office Hours, a podcast featuring candid conversations between prominent executives on leadership, diversity, inclusion, and startups.
In this episode, Spencer shares how we can all own a slice of luxury real estate through fractional ownership. He shares the ins and outs of why fractional ownership is something we should all consider. Listen and learn.

“With Pacaso, life is all about is trying to convince people to live in the moment, that life is short, and owning a second home is pretty terrific.”- Spencer Rascoff





Three Things You’ll Learn from the Episode:


How fractional ownership works in real estate.


The benefits of fractional ownership.


How Pacaso works.        


 
Connect with Spencer Rascoff:
Website: http://spencerrascoff.com/ 
LinkedIn: https://www.linkedin.com/in/spencerrascoff/ 
Pacaso: https://www.pacaso.com/ 
Email Spencer: spencer@picasso.com
 
Connect with Michael:

YouTube: @MarketingLuxuryGroup

TikTok: @LuxurySpecialist

Instagram: @LuxuryListingSpecialist

Have a real estate question? Be sure to join me live on Luxury Fridays! Visit www.LuxuryFridays.com for more information. Hope to see you there!