Kocomo is a startup that aims to revolutionize the way people own and enjoy second homes. The company operates in the real estate market, specifically focusing on second homes and vacation properties. Kocomo's primary clients are individuals and families who aspire to own a second home but are deterred by the high costs and complexities involved.

Kocomo offers a co-ownership model, which allows multiple buyers to collectively own a high-end vacation property. This model significantly reduces the financial burden on each owner, making luxury real estate more accessible. Clients can purchase a share of a property, typically ranging from one-eighth to one-half, and enjoy exclusive use of the home for a corresponding portion of the year. This approach not only makes second home ownership more affordable but also maximizes the utilization of the property.

The company makes money through a combination of service fees and management fees. When clients purchase a share of a property, Kocomo charges a service fee for facilitating the transaction. Additionally, Kocomo provides property management services, including maintenance, cleaning, and scheduling, for which it charges ongoing management fees. This ensures that the property remains in top condition and that the co-ownership experience is seamless and hassle-free for all parties involved.

Kocomo also offers resources and advice for clients looking to rent out their vacation homes, helping them to generate rental income and offset ownership costs. This makes the investment even more attractive by providing a potential revenue stream.

In summary, Kocomo is transforming the second home market by making luxury vacation properties more accessible through co-ownership. The company serves aspiring second homeowners, offering a financially viable and convenient way to own and enjoy high-end real estate.

Keywords: co-ownership, second homes, vacation properties, real estate, luxury, affordability, property management, rental income, shared ownership, investment.