Fathom Realty borrows $5M to accelerate growth plans
CEO Marco Fregenal says fresh capital will help brokerage fast-track planned agent and transaction growth, with a focus on targeted walkovers and acquisitions. Continue reading
CEO Marco Fregenal says fresh capital will help brokerage fast-track planned agent and transaction growth, with a focus on targeted walkovers and acquisitions. Continue reading
Since hitting a June 21 low of $1.33, shares in the flat-fee real estate brokerage are up 125 percent as the company continues to add agents and pursue plans to expand operations to all 50 states and Canada. Continue reading
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
HomeLight CEO Drew Uher says he’s glad to be out of the mortgage business. Fathom CEO Marco Fregenal sees value of being in lending “in a very selective way.” Continue reading
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
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. Continue reading
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
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 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
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