Divviso has reimagined the entire experience of buying and owning a vacation home in a foreign country. Unlike Pacaso and its 1st generation imitators, Divviso's superior 2nd generation vacation home co-ownership business model is designed to decouple the 1st generation's flawed commitment to an end-to-end business strategy.
Divviso does not invest in properties or renovate properties prior to selling co-ownership interests in the properties because Divviso knows that is impossible to guess what kind of properties vacation home buyers might want or what custom renovations buyers might want to make to their vacation homes. Instead, Divviso leaves these decisions to the marketplace: the vacation home buyers, sellers and co-owners themselves.
Nor does Divviso itself provide property management services because managing vacation homes is a highly personal, highly specialized service that can be adequately provided only by experienced local professionals. Instead, Divviso puts its vacation home co-owners in the skilled hands of its local Italian property management partners who have extensive experience providing the full range of property management, maintenance, financial and legal services that vacation home co-owners need.
Divviso's more rational, more efficient, less capital intensive 2nd generation business model is empowered by its international joint venture partnership of major firms and professional services organizations able to deliver the full range of co-ownership services needed to ensure that Divviso's foreign buyers successfully purchase, manage, and enjoy their co-owned Italian vacation homes.
Divviso's partners include:
1. Top-tier real estate agencies and agents in Italy, the United States, and around the world who are trained by Divviso to provide professional services to vacation home co-ownership buyers and sellers.
2. Professional property management companies that maintain Divviso's co-ownership vacation homes on behalf of their co-owners.
3. Financial and legal services firms provide specialized co-ownership services to Divviso co-owners.
4. Real estate crowdfunding and investment funds and services that create new co-ownership investment opportunities and expand the vacation home co-ownership market.
5. Affiliated organizations, associations, government agencies and businesses offering Italian tourism-related services that enrich a Divviso's co-owner's la dolce vita experience.
6. Innovative technology companies providing the most advanced online technologies and digital tools to make it easier for Divviso's users to find and enjoy their dream vacation home in Italy.
Divviso's online international marketplace platform/website. which serves as the nucleus of its international joint venture partnership, connects Divviso's buyers, sellers, and co-owners with each other and with the joint venture partners providing Divviso's comprehensive co-ownership services.
Much of Divviso's business and financial success will, of course, accrue to and be shared with its joint venture partners in order to motivate the partners to provide the highest quality services. By achieving this strategic goal, Divviso intends to become the global leader in vacation home co-ownership and a successful enterprise that is much greater than the sum of its parts.