Fathom Holdings Divests LiveBy Assets to Move Concierge

Core Insights - Fathom Holdings Inc. announced the divestiture of LiveBy assets to Move Concierge for $3 million, with an expected additional $300,000 annually in contingent consideration based on data-sharing arrangements [1][2][3] - The transaction aims to strengthen the partnership with Move Concierge, enhance Fathom's financial position, and support growth initiatives while retaining access to LiveBy's platform for five years [2][3][4] - The agreement is expected to improve agent retention and customer satisfaction by providing enhanced tools and services [3][4] Company Overview - Fathom Holdings Inc. is a technology-driven real estate services platform that integrates residential brokerage, mortgage, title, and SaaS offerings through its proprietary cloud-based software, IntelliAgent [6] - The company operates under various brands, including Fathom Realty, Encompass Lending, IntelliAgent, Real Results, and Verus Title [6] - Move Concierge offers a no-cost, white-glove service that connects utilities and home services, enhancing the client experience in real estate transactions [5]