picture of Wall Street bull statue, showing the role the market plays in retirement for real estate agents
At $2 per share, the latest offering of 3M shares is priced nearly 3 times higher than a March raise, when the North Carolina-based real estate brokerage was flirting with delisting
by Matt Carter Sep 19
Fathom Realty CEO says company will be 'EBITDA positive' in Q2
New Elevate program providing 'concierge-level services' to agents is off to such a strong start that Fathom executives have temporarily suspended guidance while they rework 2025 forecast
by Matt Carter May 13
Samantha Giuggio named Fathom Realty president, COO transitions
Fathom Holdings has announced Samantha Giuggio as Fathom Realty president and Fathom Holdings chief operations officer, and Jon Gwin's appointment as chief revenue officer
by Richelle Hammiel Nov 14
Fathom Realty adds 2,200 agents with My Home Group acquisition
Scottsdale, Arizona-based brokerage will continue to operate under the My Home Group brand, with co-founders Jereme Kleven and Mark Hutchins staying on to oversee daily operations
by Matt Carter Nov 4
Brokerages and non-Realtor MLSs settle antitrust suits for $30M
15 MLSs and 13 brokerages that chose to opt-in to NAR's commission settlement will cough up an additional $30,587,754 in compensation to sellers, raising the settlement fund to nearly $450M
Fathom shares bounce back on prospects for agent growth
Since hitting a June 21 low of $1.33, shares in the flat-fee real estate brokerage are up 125% as the company continues to add agents and pursue plans to expand operations to all 50 states
by Matt Carter Sep 9
Fathom Realty has more agents, fewer Q1 sales than a year ago
CEO Marco Fregenal says the flat-fee brokerage is making progress toward achieving 2024 goals despite seasonality and broader industry challenges driving a $5.9M Q1 net loss
by Matt Carter May 9
Fathom Realty founder Josh Harley steps down as chairman and CEO
'Door open' to Harley's return after he relinquishes leadership roles, citing family reasons. Longtime CFO Marco Fregenal is new CEO and independent director Scott Flanders is chair
by Matt Carter Nov 13
Fathom Realty continues to grow agent count with rebound in sight
While transactions fell 15% from 2022, Fathom executives said during a Q3 earnings call Wednesday that its flat fee commission split model helped its agent network grow by 13%
by Matt Carter Nov 9
Seasonality is back, iBuying is alive, and other big earnings takeaways
This week saw a flood of real estate company earnings reports. Overall, they indicate the market is well-positioned and maybe returning to some semblance of normalcy
by Jim Dalrymple II Nov 11
Fathom reports major double-digit growth in revenue and agents in Q3
Revenue was up 80%, real estate transactions were up 42% and agent count grew by 50% at the end-to-end services platform
by Matt Carter Nov 10