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. Continue reading

Illinois homebuyers file new class-action commission suit

The suit names Equity Realtors, HomeSmart International and Fathom Realty as defendants. It also describes NAR as a co-conspirator, but doesn’t name the organization as a defendant. Continue reading

Fathom Realty agrees to pay $2.95M to settle commission suit

The company denied wrongdoing and said it had agreed to settle with plaintiffs in an attempt to move on and continue growing the business. Continue reading

Fathom says revenue sharing will help it recruit new agents

After growing its agent count by 12 percent to 12,224, the flat-fee brokerage says it’s poised for continued growth with new commission plans that pay agents a percentage of revenue generated by the agents they recruit. Continue reading

Fathom’s Verus Title subsidiary acquires LW Traveling Title

Fathom Holdings beefs up title coverage in three states with “strategic addition” to geographic footprint, acquiring nine-person title agency with offices in Utah, Colorado and Virginia. Continue reading

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