ICYMI at Inman Connect Las Vegas: Broker edition
Discover key brokerage takeaways from Inman Connect Las Vegas that will help you enhance you practices, leverage technology and navigate the evolving real estate landscape
by Jessi Healey Aug 8
To mortgage or not to mortgage? That is the question (for brokers)
HomeLight CEO Drew Uher says he's glad to be out of the mortgage business. Fathom CEO Marco Fregenal sees the value of being in lending 'in a very selective way' to help agents close deals
by Matt Carter Aug 1
Fathom's Verus Title subsidiary acquires LW Traveling Title
Fathom Holdings beefs up title coverage in 3 states with 'strategic addition' to geographic footprint by acquiring 9-person title agency with offices in Utah, Colorado and Virginia
by Matt Carter Jun 21
Fathom Holdings names real estate veteran Jon Gwin as COO
Gwin, who previously held executive positions at Wachovia Bank and Wells Fargo, is credited with helping to develop some of the first compliance management systems in the mortgage industry
by Ben Verde May 29
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 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
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
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
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
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