Summary of Fathom Holdings Conference Call Company Overview - **Company**: Fathom Holdings (FTHM) - **Industry**: Real Estate Services - **Business Model**: Technology-driven end-to-end real estate services platform integrating residential, mortgage, title, and SaaS offerings for brokers and agents [1] Key Financial Highlights - **Q2 Revenue Growth**: 36% year-over-year [2] - **Transaction Growth**: 25% year-over-year [2] - **Agent Growth**: 23% year-over-year [2] - **Technology Investment**: Approximately $20 million [2] - **Projected Growth**: Anticipated 50% growth year-over-year when market conditions improve [6] Market Conditions and Trends - **Current Market Challenges**: The real estate industry has faced difficulties due to rising interest rates and home prices [2][4] - **Home Price Trends**: Average home price increased from $330,000 to $440,000 over the past four years; expected to decrease by 10% to around $400,000 [4][6] - **Interest Rate Outlook**: Anticipated decrease to 6.25%, improving affordability [6] - **Regional Trends**: Home prices in California have decreased by 3% year-over-year, indicating a potential nationwide trend [5][6] Unique Business Model - **Technology Focus**: Fathom positions itself as a technology company rather than a traditional real estate company, with a comprehensive ERP-like system for agents [3][7] - **Flat Fee Structure**: Charges a flat fee for agent commissions, contrasting with traditional percentage-based models [10][13] - **Concierge Service**: Introduced "Elevate," a concierge service to assist agents with non-sales tasks, enhancing agent productivity [10][14] Growth Strategy - **Acquisition Strategy**: Recent acquisition of My Home Group, adding 2,200 agents; plans for further acquisitions to expand market share [4][27] - **Licensing Technology**: Plans to license technology to small brokerages, creating a new revenue stream [23][24] - **Ancillary Services Growth**: Significant growth in mortgage (65%) and title (89%) businesses from January to June [25] Operational Efficiency - **Cost per Transaction**: Fathom's cost to close a transaction is less than $270, significantly lower than competitors [22] - **Agent Turnover**: Fathom has a turnover rate of less than 1.5% per month, compared to the industry average of 3% [13][31] - **Agent Satisfaction**: Recognized as a top company for agent satisfaction based on independent reviews [32] Management and Leadership - **Experienced Management Team**: The management team has extensive experience in navigating both good and bad market conditions [33] - **Board Composition**: Includes industry veterans with significant M&A experience and leadership in public companies [33] Future Outlook - **Market Recovery**: Anticipated increase in transactions to approximately 4.5 million next year, with a long-term projection of close to 5 million by 2027 [29][30] - **Expansion Plans**: Fathom operates in 43 states and aims to continue expanding its footprint [30][31] This summary encapsulates the key points discussed during the Fathom Holdings conference call, highlighting the company's performance, market conditions, unique business model, growth strategies, operational efficiencies, and future outlook.

I wrote about KE Holdings (NYSE: BEKE ) previously with a buy rating, as I was confident that housing demand will continue to hold up, which BEKE is in a good position to capture. AfterI am an individual investor that is now fully focus on managing my own capital that I have saved up over the years. My investing background spreads across a wide spectrum as I believe there are merits to each approach, for instance: Fundamental investing [Bottoms-up etc.], Technical investing [historical charts analysis], and ...

新"股王"位置能坐多久？ 焦点 ·追觅要造超跑，首款纯电车对标布加迪威龙 头条 8月29日收盘价寒武纪与贵州茅台差距已不大 ·成都车展：自主品牌"包馆"，超豪品牌集体缺席 争议 ·50升油箱为何加出68升油？中国石油官方回应 ·面试官在面试期间抽烟？中顺洁柔：将加强专业培训 财报 ·比亚迪半年收入首超特斯拉！海外贡献近四成 ·赛力斯上半年净利润29.41亿元，同比增长81% ·手持现金约164亿！碧桂园服务：走向合理盈利 头条 寒武纪新"股王"位置能坐多久？ 8月29日，AI芯片概念股寒武纪（688256）高位回调。截至当日收盘，股价报1492.49元/股，跌幅 6.01%，全天振幅达7.24%，成交额达265.1亿元，换手率4.27%。盘中股价一度下探至1420元，跌幅接近 10%，从昨日高点回落显著。盘面数据显示，8月29日寒武纪全天低开低走，开盘报1480元，盘中一度 急挫至1420元低点，午后在部分资金抄底下略有回稳，但尾盘依旧收于日内偏低水平，成交金额超过 265亿元。据东方财富数据显示，当日寒武纪资金净流出超30亿元，主力多空分歧明显。从29日收盘价 看，虽然寒武纪与贵州茅台1480元相比，差距已 ...

TORONTO, Aug. 29, 2025 (GLOBE NEWSWIRE) -- Ontario's five largest REALTOR® associations, representing more than 90 per cent of the nearly 100,000 REALTORS® in the province, support the Ford government's decision to intervene in the review of the Real Estate Council of Ontario (RECO) following the iPro Realty Ltd. investigation. Our associations welcome a full review of RECO's governance and practices. This process must deliver meaningful reforms, including Ombudsperson oversight, stronger accountability mea ...

Core Insights - Momentum investors focus on "buying high and selling higher" rather than traditional strategies of buying low and selling high [1] - Investing in fast-moving stocks can be risky if valuations exceed future growth potential [2] - A strategy that combines momentum with bargain stocks can be more effective [3] Company Analysis: Cushman & Wakefield (CWK) - CWK has shown significant price momentum with a four-week price change of 29.9% [4] - The stock has gained 55.6% over the past 12 weeks, indicating strong long-term momentum [5] - CWK has a beta of 1.5, suggesting it moves 50% more than the market in either direction [5] - The stock has a Momentum Score of A, indicating a favorable entry point for investors [6] - CWK has a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which attract more investor interest [7] - The stock is trading at a low Price-to-Sales ratio of 0.38, suggesting it is undervalued [7] Investment Strategy - CWK is identified as a strong candidate for investment due to its combination of momentum and reasonable valuation [8] - There are additional stocks that meet the criteria of "Fast-Paced Momentum at a Bargain" that investors may consider [8] - Zacks offers over 45 Premium Screens to help identify potential winning stocks based on various investing styles [9]

A month has gone by since the last earnings report for CBRE Group (CBRE) . Shares have added about 3.6% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is CBRE due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the latest earnings report in order to get a better handle on the important catalysts.CBRE Group Q2 Earnings Beat Estimates, 2025 EPS Outlook RaisedCBR ...

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium includes access to the Zacks Style Scores as well. What are the Zacks Style Scores? ...

David, pending home sales in July dropped 0.4% from June and were 0.7% higher from July of last year. According to the realtors, the street was looking for a tiny gain of.3%. So, let's just call it even.Now, this count is based on signed contracts. So, people out inking deals in July when the average rate on the 30-year fixed was moving higher. You can see it began falling in August, but that is not reflected in these numbers.Regionally, sales dropped monthtomonth in the Northeast and Midwest. They were fla ...

Unlock is not just another real estate conference; it's an industry-defining experience for team leads, brokers and agents who want more than ideas. It's for those ready to turn insight into action. Unlock gives agents the edge they need to manage the moment and lead in their communities. "Unlock is where the future of the industry takes shape," said Jun Choo, Zillow chief operating officer. "Unlock has evolved from an invitation-only gathering for select agent partners into a forward-looking industry event ...

Core Viewpoint - Zillow Group has faced significant challenges since the pandemic, including a sharp decline in stock value due to internal missteps and changing macroeconomic conditions, but recent improvements in fundamentals and technical indicators suggest a potential recovery [4][11][18]. Group 1: Stock Performance and Market Context - Zillow Group's stock price has fluctuated dramatically, ranging from $18 to $212, and is currently down nearly 50% from its 2021 high [5][4]. - The stock has shown recent momentum, increasing nearly 20% in the last three months and approaching its 2025 high of $85.29 [14][18]. - A Golden Cross technical signal has formed, indicating a potential bullish trend, similar to a previous occurrence that led to an 80% appreciation in six months [12][11]. Group 2: Company Challenges and Strategic Missteps - Zillow's iBuying program, Zillow Offers, launched in 2018, faced significant issues, including overpaying for homes and failing to adapt to local market conditions, leading to substantial losses [9][10]. - By Q3 2021, Zillow reported a $422 million loss from the Zillow Offers segment, prompting the shutdown of the program and layoffs [10][11]. Group 3: Recent Developments and Financial Performance - Zillow's Q2 2025 revenue reached $655 million, a 15% year-over-year increase, driven significantly by rental revenue, which grew 36% year-over-year [18][19]. - The company reported earnings per share of 40 cents, missing the analysts' estimate of 44 cents, but this was largely attributed to increased marketing expenses and strategic investments [19][18]. - Following the Q2 report, 10 research firms raised their price targets for Zillow, with a new consensus price estimate of $85.62, indicating a 7% upside from current prices [20][17].