Sean Varin and Paul Marsh have been promoted to senior roles at Fathom Holdings and its subsidiary, Encompass Lending Group, and will be responsible for stoking growth opportunities
The sales proceeds of $15M will strengthen the company's financial position and support growth initiatives, Fathom Realty parent company said Monday of its latest move to shore up finances
The real estate brokerage and tech platform is accelerating cost cutting after posting a $6M third-quarter loss, with revenue up 10.2% to $111.3M and agent count up 33% to 9,991
Revenue was up 80%, real estate transactions were up 42% and agent count grew by 50% at the end-to-end services platform
Fathom Holdings has purchased E4:9 Holdings and its three mortgage, insurance and lead generation subsidiaries for $26.75M