Fathom Realty, SERHANT. and other industry brands made moves last week, appointing new presidents and leaders to lead their growth efforts
START Real Estate has just 70 agents, but founders Randy and Terri Bell have built a business model with a 70 percent mortgage attach rate that Fathom wants to take nationwide
CEO Marco Fregenal says company will use proceeds to 'invest in sales and marketing initiatives, pursue strategic opportunities that enhance our platform and support ongoing operations'
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
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
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
Elevate program offers higher level of services, including 'done-for-you marketing,' lead generation and transaction management, for what the company considers to be a low split
Fathom CEO Marco Fregenal says revenue growth from My Home Group deal and smaller brokerage walkovers has company on track to achieve positive adjusted earnings in Q2 2025
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
The company's Q3 revenue clocked in at $83.7M while net losses rose to $8.1M as Fathom faced an uncertain market and dealt with expenses related to a $3M NAR settlement contingency
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
CEO Marco Fregenal says fresh capital in the form of convertible notes will help brokerage fast-track planned agent and transaction growth, with a focus on targeted walkovers and acquisitions
In a statement, the real estate brokerage denied wrongdoing and said it had agreed to settle with plaintiffs in an attempt to move on and continue to grow the business
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
After growing agent count by 12%, the flat-fee brokerage said in Q2 earnings that it's poised for continued growth with new plans that pay a percentage of revenue generated by recruited agents