The property management fee is home-specific and varies based on the size, location and individual needs of the home. Pacaso home operating budgets have always included a property management fee; engaging a property manager is standard practice across the second home market.  The program management fee is a fixed, standardized monthly charge that supports shared owner infrastructure across the broader Pacaso ecosystem. This includes items such as the technology that powers the Pacaso owner app, LLC oversight, tax preparation and more.