At Plum, we believe in Co-Ownership your way

Where do you want to own a vacation home? Who do you want to share the home with? How many shares? What type of home do you want? How much do you want to invest? But one more important choice is which company to partner with to help you navigate the co-ownership process.

How does Pacaso work compared to Plum Co-Ownership?

When exploring the different co-ownership companies, you will notice significant differences between Plum CoOwnership, an emerging start-up in flexible lifestyle co-ownership, and Pacaso, the global leader in ultra-luxury property co-ownership.

First, the co-ownership models are fundamentally different. Plum does not own properties but offers access to available properties through a shared technology platform, while Pacaso only offers access to their properties from their robust real estate portfolio.

The Plum shared platform is a key differentiator enabling the rapid selection of your ideal vacation home and creating or finding the right co-buyer group and an agent that meets your criteria. Meanwhile, Pacaso home selection is only facilitated through Pacaso property acquisition.

Another unique distinction for Plum is owner compatibility. Plum simplifies the group formation process – you can join an existing group or create your own group. Plum also conducts critical due diligence – background and credit checks on each co-buyer and prescreens for likes and dislikes. Pacaso, on the other hand, does not offer group formation or compatibility prescreening.

High net-worth individuals compete for select Pacaso homes vs Plum’s affluent customers with access to properties anywhere.

While both companies offer equity parity, the initial investment is significantly different. Plum’s collective share value is the market value of the home purchased. However, Pacaso’s share value is typically >20% higher than the market value. In addition to selling their properties, Pacaso makes money on interior and exterior design upgrades, service fees, and financing fees. Pacaso will finance up to 70% of the home purchase price and charge a small fee upon closing. With an initial investment greater than $850,000, high-net-worth individuals typically compete for Pacaso homes. Meanwhile, mass affluent owners are more likely to join a Plum group to co-buy a more affordable home.

Properties in any destination

Plum CoOwnership makes your dream of a vacation home affordable. Plum offers access to any property in any destination – from new homes to luxury residences or fixer-uppers. In contrast, Pacaso offers access to only top destinations and its curated selection of ultra-luxury homes.

Managed ownership is so critical for the group’s enjoyment and resale. Plum offers a concierge-guided process, while Pacaso includes a professionally managed service.

The opportunity to rent or AirBnB unused time is another distinction

With Plum, this decision is determined by the group, not the company, whereas Pacaso does not offer the opportunity to rent or Airbnb unused time.

Bottom line, Plum CoOwnership over indexes for happiness with a more flexible lifestyle co-ownership approach, ultimately making your dream of vacation ownership someday – a reality today.

Consider the detailed benefits comparison below between Plum CoOwnership and Pacaso for more insights.