Vice President of Acquisitions

Job Description

Job Description

About Pacaso :

Pacaso exists to enrich lives by making second home ownership possible and enjoyable for more people. Our innovative co-ownership model is the easiest, smartest and most responsible way for people to experience the joy of a second home.

We provide all the benefits of true ownership without the hassles through our simplified financial structure, easy and equitable scheduling, and dedicated local property management.

Founded by former Zillow executives, Pacaso has facilitated over $1 billion in gross real estate transactions and service fees across more than 40 markets nationwide, as well as internationally in Paris, London, and Cabo.

We have been featured in The New York Times, Wall Street Journal, Fortune, Forbes, CNBC and more.Pacaso is a certified Great Place to Work and has received numerous accolades for its workplace culture.

Fortune and Great Place To Work named Pacaso to the 2024 Best Workplaces in Real Estate list. In 2023, Pacaso was recognized as a Best Workplace in the Bay Area™, and in 2022, it ranked among the Best Medium Workplaces™, Best Workplaces for Real Estate™, and Best Workplaces for Millennials™.

Additionally, Pacaso was ranked #6 on Glassdoor's 2022 list of Best Places to Work and was one of LinkedIn's top startups in 2022.

Pacaso exists to enrich lives by making second home ownership possible and enjoyable for more people. Our innovative ownership model is the easiest, smartest, and most responsible way for people to realize the benefits of a second home.

We deliver this promise with a simplified financial structure, easy & equitable scheduling, and local property management resulting in turn-key enjoyment.

Founded by former Zillow executives, Pacaso has secured more than $90 million in growth financing and achieved unicorn status (valued at $1 billion) faster than any other company in the United States.

We have been featured by The New York Times, Wall Street Journal, Fortune, Forbes, CNBC and more! Pacaso is building a distributed workforce with Crew members across the U.S. www.pacaso.com

About This Opportunity :

This is a unique opportunity to be an early crew member at a growth-stage company led by some of the most seasoned and successful leaders in the real estate and travel space.

As Vice President of Acquisitions, you are responsible for overseeing the company's property acquisitions pipeline and processes.

Being a member of a small team, you'll enjoy thinking broadly and strategically while executing quickly and tactically, having a direct impact on the company's results.

What You'll Do :

• Assist in the identification and underwriting of single-family property acquisitions in all markets globally
• Source and maintain in-market agent and investor relations in-line with company values
• Manage a team of in-market associates
• Establish acquisition offer and purchase monitoring metrics.
• Create and prepare valuation models for potential acquisitions
• Research and analyze numerous submarkets, both from the desk and "in the field", to gain intimate knowledge of targeted market opportunities.
• Track sales and listing activities in each of your region's submarkets.
• Conduct and coordinate due diligence activities of potential acquisitions
• Prepare and present investment package materials to Pacaso's Investment Committee.
• Participate in various analytical projects required in the Acquisitions Department.

You'll Be a Great Fit if You Have :

• 10+ years of experience in the Real Estate / Acquisitions field
• B.A. degree required, M.B.A. or advanced real estate degree a plus.
• Sound fundamental knowledge of financial analysis / real estate valuations
• Strong proficiency in Excel.
• Demonstrated ability in interpersonal and business communications.
• Single family acquisitions experience required.
• Plenty of travel may be required.

You'll love working at Pacaso because of our ...

• Competitive salary and stock options.
• Unlimited, flexible PTO for exempt employees.
• Excellent medical, dental and vision insurance.
• Sponsored memberships to One Medical, Ginger and Carrot.
• 401(k) to help you save for the future.
• Paid maternity and paternity leave.
• Generous home office stipend and monthly cell phone reimbursement.
• Quarterly remote team building events and L&D opportunities.

Pacaso encourages applications from people of all races, religions, national origins, genders, sexual orientations, gender identities, gender expressions and ages, as well as veterans and individuals with disabilities.