Fathom sells Dagley Insurance subsidiary back to founder
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
by Matt Carter May 7
Fathom Realty unveils partnerships with CE Shop, Working Advantage
Fathom Realty has teamed with The CE Shop and Working Advantage to offer exclusive 20% to 60% discounts on real estate education courses and lifestyle programs
by Marian McPherson May 2
EXp Realty taps Wendy Forsythe as new chief marketing officer
Industry sales, operations and strategy veteran Wendy Forsythe is eXp Realty's newest chief marketing officer, according to an announcement on Thursday
by Marian McPherson Apr 25
Fathom Realty added 1,425 agents after raising fees last year
Fathom posted a $24M annual loss during a Q4 and 2023 earnings call Thursday afternoon, with executives saying the brokerage's transaction volume dropped less than the industry overall
by Matt Carter Mar 14
Wendy Forsythe makes leap from brokerage world to coaching firm
The experienced real estate executive has led initiatives at Compass and Fathom Holdings. Now she'll be president of Chirag Shah Coaching
by Daniel Houston Feb 7
Stars align for Fathom to outsource data services to Constellation1
The data partnership will spread across the NASDAQ-traded company’s operations, which includes services in mortgage, title, insurance and data aggregation, and transaction software
by Craig C. Rowe Feb 6
Fathom out to raise more than $7M by hiking agent fees, selling shares
The agent fee increases the flat-fee brokerage previously implemented for 2023 haven't stopped Fathom from growing, with Sept. 30 agent count up 13% from a year ago, to 11,333
by Matt Carter Dec 5
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 trims its losses during Q2 as agent count grows
Fathom logged a net loss of $4.3M during Q2, an improvement over the $5.7M loss logged during Q1, according to its earnings report released Wednesday
by Ben Verde Aug 9
Real estate stocks are suddenly and finally on fire
Redfin, Opendoor and Compass have all seen their share prices rally in recent days — suggesting that after years of the cold shoulder investors are warming to the sector
by Jim Dalrymple II May 11
Fathom Realty narrows losses but agent growth slows in Q1
With 10,628 agents on board as of March 31, Fathom grew by 258 agents in the first 3 months of the year but posted a $5.7M Q1 net loss, according to a Q1 earnings call Wednesday
by Matt Carter May 11
Fathom Realty parent company borrows $3.5M from existing investor
Fathom Holdings will pay at least 8% interest on a convertible note company executives say will provide more flexibility as they seek 'cash flow profitability' by Q3
by Matt Carter Apr 14
Fathom Realty still adding agents after raising transaction fees
In reporting a $9.9M Q4 loss Wednesday, Fathom executives reassured investors that they see a path to profitability without saying exactly when that might happen
by Matt Carter Mar 22
Billions in losses, a brutal market and more from Q3 earnings season
A slowing market is taking a toll on big real estate companies, though not every firm is suffering equally. A look back on the past 3 dramatic weeks of third-quarter wins, losses and draws
by Jim Dalrymple II Nov 14
Fathom raises transaction fees, boosts incentives amid Q3 loss
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
by Matt Carter Nov 7