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

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 takes over as CEO and independent director Scott Flanders as board chair. Continue reading

Fathom Realty continues to grow agent count with rebound in sight

While transactions fell 15 percent from 2022, Fathom executives said during a Q3 earnings call Wednesday that its flat fee commission split model helped its agent network grow by 13 percent. Continue reading

‘It must have 16 cabinets’: 6 deals that died for wild and silly reasons

Real estate agents recently revealed to Inman the most unexpected reasons they’ve lost deals — including a fear of snakes, hatred of Glade Plug-ins, bad vibes and, apparently, off-kilter feng shui. Continue reading

Fathom Realty trims its losses during Q2 as agent count grows

Fathom logged a net loss of $4.3 million during the second quarter, an improvement over the $5.7 million loss logged during the first quarter, according to its earnings report released Wednesday. Continue reading

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 three months of the year but posted a $5.7 million Q1 net loss, according to an earnings call Wednesday. Continue reading

Fathom Realty still adding agents after raising transaction fees

In reporting a $9.9 million fourth-quarter loss, Fathom executives said they see a path to profitability without saying exactly when that might happen. Continue reading

RE/MAX Holdings appoints new chief information officer

Former Fathom Realty executive Grady Ligon has joined the company, bringing more than 20 years of experience in financial and brokerage technology. Continue reading