Pacaso partners with The Agency to expand luxury home access

Both companies will offer vacation homes in U.S. markets like Miami; Aspen, Colorado; Vail, Colorado; La Jolla, California; Napa, California; and popular international markets like Paris and London.

“The Agency is a globally recognized brokerage with a strong presence in the top real estate markets, offering an impressive portfolio of luxury listings and a team of best-in-class agents,” Pacaso CEO and co-founder Austin Allison said in a statement.

“Through this partnership, we are providing their clients with a smarter, more accessible way to own a luxury vacation home in the world’s most sought-after destinations.”

Rainy Hake Austin, president of The Agency, described the partnership as a perfect alignment between two brands that aim to provide vacation-home options to buyers.

“We’re excited to partner with Pacaso, as this collaboration perfectly aligns with The Agency’s ethos of offering fresh, forward-thinking solutions for our clients,” Austin said. “Working with like-minded brands that share our commitment to innovation and excellence ensures we can provide exceptional opportunities like this to those seeking their dream vacation home.”

Pacaso began its story in San Francisco. Allison co-founded the company alongside former Zillow CEO Spencer Rascoff to make owners of second homes more accessible. Agents who use Pacaso’s platform to sell retain a 3% commission. Owners can purchase between 12.5% to 50% of a property and use it for a similar percentage of the year.

In November, Pacaso reported $87.9 million in revenue via real estate transactions and service fees for the first half of 2024, reflecting 36% year-over-year growth.

“Our strong performance in the first half of 2024 highlights the growing demand for flexible, luxury vacation home co-ownership,” Allison in a statement.

The Agency is boutique luxury real estate brokerage that started in 2011. The brokerage has facilitated $88 billion in real estate transactions across 130 offices in 12 countries. It represents clients in residential, new development, resort real estate, luxury leasing and vacation rentals.

The Agency shares similar optimism for the luxury housing market. According to its 2025 Red Paper, sales of homes priced at $1 million or more grew by 5.2% in the first half of 2024, while the median luxury home price rose 14.2%, even as total home sales declined by 12.9%.