PropTech Unicorn "Pacaso Selects RESAAS to Expand Luxury Second Home Offering

PropTech Unicorn “Pacaso Selects RESAAS to Expand Luxury Second Home Offering

  • On February 23, 2022

VANCOUVER, B.C. (February 23, 2022) – RESAAS Services Inc. (TSX-V: RSS, OTCQB: RSASF),
(“RESAAS” or the “Company”), a technology platform for the real estate industry, today
announced a marketing partnership with Pacaso, a technology-enabled second home
marketplace, to provide Real Estate Agents with access to luxury homes for their clients
interested in co-ownership.

Pacaso modernizes real estate co-ownership to make owning a second home possible and
enjoyable for more people. Co-founded by Austin Allison and Spencer Rascoff in 2020, Pacaso
operates in more than 30 top second home destinations around the world.

“RESAAS has access to thousands of real estate agents operating in some of the most desired
destinations for high-end second homes,” said Austin Allison, CEO of Pacaso. “We’re excited to
partner with RESAAS to help more real estate agents break into this luxury market and increase
their inventory.”

RESAAS has over 450,000 Real Estate Agents located in the United States who will be able to
take advantage of Pacaso’s offering for their clients.

“RESAAS is committed to bringing a full service of opportunities at the cutting edge of the real
estate industry to our Agents,” said Tom Rossiter, CEO of RESAAS. “Pacaso provides Real Estate
Agents across the United States with an alternative method for their clients to enter the luxury
home and co-ownership markets through their technology-enabled marketplace. Pacaso will be
empowered to make critical business intelligence decisions by leveraging RESAAS’ unique real
estate data, while providing RESAAS Agents with an expanded set of resources and further
bolstering the RESAAS platform.”

In an agreement executed on February 15, 2022, Pacaso is capitalizing on RESAAS’ proprietary
advertising engine, AdSAAS, along with its unique real estate data, entered directly by Real
Estate Agents, REALTORS® and Brokers themselves, to deliver targeted advertising to relevant
Agents within their platform feeds and through additional marketing communications.