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 $5.9 million Q1 net loss. Continue reading

Fathom sells Dagley Insurance subsidiary back to founder

The sales proceeds of $15 million 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. Continue reading

Fathom sells Dagley Insurance subsidiary back to founder

The sales proceeds of $15 million 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. Continue reading

Fathom Realty unveils partnerships with CE Shop, Working Advantage

Fathom Realty has forged two new partnerships with education platform The CE Shop and online marketplace Working Advantage. The partnerships will give Fathom’s agents and mortgage loan officers access to exclusive discounts on continuing education cour… Continue reading

Recruiting War ’24: Agents field new offers constantly, Intel finds

A slower market and a crowded brokerage landscape have shifted efforts from quantity to quality, new reporting and Intel survey results reveal. For agents, it’s now an unavoidable aspect of the job. Continue reading

Fathom Realty added 1,425 agents after raising fees last year

Fathom posted a $24 million 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. Continue reading

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. Continue reading

Fathom out to raise more than $7M by hiking agent fees, selling shares

Fee increases the flat-fee brokerage implemented for 2023 haven’t stopped Fathom from growing, with Sept. 30 agent count up 13 percent from a year ago, to 11,333. Continue reading

Real estate CEOs: Big changes from bombshell suits ‘improbable’

The bombshell verdict of Sitzer | Burnett rocked the real estate industry, but recent earnings reports suggest many of its most recognizable CEOs don’t anticipate major disruptions. Continue reading

New bombshell lawsuit targets Texas Realtor orgs, local teams

A homebuilder and holding company filed the case Monday. But unlike other suits against NAR, this one lists the Texas Association of Realtors and other local organizations as defendants. Continue reading