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Fathom Announces Strategic Partnership with Move Concierge
Prnewswire· 2025-11-14 13:30
Core Insights - Fathom Holdings Inc. has announced a strategic partnership with Move Concierge to enhance the moving experience for clients and agents [1][2][3] Company Overview - Fathom Holdings Inc. is a technology-driven real estate services platform that integrates residential brokerage, mortgage, title, and SaaS offerings [6] - The company operates through its proprietary cloud-based software, intelliAgent, and includes brands such as Fathom Realty and Encompass Lending [6] Partnership Details - The partnership will provide Fathom agents and clients access to Move Concierge's five-star concierge services, aimed at simplifying the moving process [2][4] - Move Concierge has been in operation for over 16 years, serving more than 250,000 customers with an average satisfaction rating of 4.9 stars [2][5] - The collaboration reflects Fathom's commitment to innovation and improving the homeownership journey for agents and clients [2][3] Service Offerings - Move Concierge offers a no-cost, white-glove service that connects utilities and home services, providing clients with a personal concierge to manage their home service needs [5] - The service allows customers to set up home services with a single point of contact, streamlining the process [5][4] Strategic Goals - The partnership aims to position Fathom as a one-stop shop for all homeownership needs, enhancing the overall customer experience [4][3] - Fathom's CEO emphasized the importance of evolving offerings to provide exceptional value to agents and clients [3][4]
Fathom Realty Broker Operations Named One of the Top 50 Operations Teams by OnCon
Prnewswire· 2025-11-13 13:30
Core Insights - Fathom Holdings Inc. has been recognized for its operational excellence, with its subsidiary Fathom Realty being named one of the Top 50 Operations Teams at the 2025 OnCon Icon Awards, highlighting the company's commitment to growth and innovation [1][3]. Company Overview - Fathom Holdings Inc. operates as 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's brands include Fathom Realty, Encompass Lending, intelliAgent, LiveBy, Real Results, and Verus Title [6]. Recognition and Awards - The OnCon Icon Awards celebrate impactful and innovative teams, with winners determined by peer and community voting, reflecting the respect and influence these teams have earned [5]. - Fathom Realty's recognition underscores its focus on agent empowerment, operational excellence, and continuous improvement, which are essential for supporting agents and driving growth [3][4]. Leadership Statements - The President of Fathom Realty emphasized the team's dedication to serving agents at the highest level, noting that the award reflects the impact made within the company and the broader real estate industry [4]. - The CEO of Fathom Holdings highlighted the award as an acknowledgment of the Operations Team's remarkable work in supporting the company's growth and delivering a world-class experience for agents and clients [4].
Fathom Holdings Reports Third Quarter 2025 Results
Prnewswire· 2025-11-11 21:05
Core Insights - Fathom Holdings Inc. reported a 38% year-over-year revenue growth for Q3 2025, driven by a 23% increase in transaction volume and a 24% rise in agent count [1][2][11] - The company achieved adjusted EBITDA profitability for the second consecutive quarter, indicating improved operational efficiency [1][9] Financial Performance - Total revenue for Q3 2025 reached $115.3 million, up from $83.7 million in Q3 2024, marking a 37.7% increase [7][11] - Real estate brokerage revenue increased by 39% to $109.2 million, while mortgage revenue rose by 20.7% to $3.5 million [11] - The net loss for Q3 2025 was $4.4 million, or $0.15 per share, an improvement from a net loss of $8.1 million, or $0.40 per share, in Q3 2024 [8][11] Operational Highlights - Real estate transactions increased approximately 23% year-over-year to 11,479 in Q3 2025, primarily due to the addition of My Home Group [6][10] - The agent network grew by 24.1% to approximately 15,371 licenses as of September 30, 2025 [11] - Fathom's ancillary businesses, particularly title services, saw a 29% year-over-year growth in revenue [3] Strategic Initiatives - The company expanded its title services into Arizona and Alabama and acquired START Real Estate to enhance its first-time homebuyer program [4][11] - Fathom's Elevate program onboarded 70 agents, aimed at increasing productivity and retention [11] - The company plans to operate in a total of fifteen states within the next year, leveraging its proprietary technology [4][5] Future Outlook - Management remains focused on driving agent success and increasing revenue streams through strategic partnerships and program expansions [5] - The company has withheld guidance for Q4 2025 but plans to reassess in Q1 2026 [17]
Fathom Holdings Inc. Announces Strategic Partnership with ByOwner to Tap into the Massive FSBO Opportunity
Prnewswire· 2025-11-07 13:30
Core Insights - Fathom Holdings Inc. has announced a strategic partnership with ByOwner, a leading for-sale-by-owner (FSBO) marketplace, aimed at converting FSBO listings into full-service listings with Fathom agents [1][2][3] Group 1: Partnership Details - The partnership will allow ByOwner to refer FSBO sellers and buyers to Fathom's network of agents when they seek professional assistance, creating a significant opportunity as approximately 6% of U.S. home sales are FSBO, with over 20% converting to full-service representation [2] - Fathom agents will benefit from access to motivated sellers and buyers, while Fathom Realty will earn a larger percentage split for each converted transaction [2] Group 2: Company Statements - Marco Fregenal, CEO of Fathom Holdings, expressed excitement about the partnership, highlighting that FSBO sellers needing support now have a direct path to Fathom's full-service platform, which will enhance growth and strengthen Fathom's market position [3] - Colby Sambrotto, CEO of ByOwner.com, emphasized the mission to empower sellers and noted that the partnership adds a high-quality agent option for those seeking full-service support [3] Group 3: Company Background - 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 [5] - ByOwner.com connects property owners directly with buyers and renters, providing tools and resources for FSBO and for-rent transactions, aiming to maximize returns while allowing owners to maintain control [4]
Fathom Holdings Begins Expansion of START Real Estate
Prnewswire· 2025-11-05 13:30
Core Insights - Fathom Holdings Inc. is expanding its subsidiary, START Real Estate, into Utah, Arizona, and Nevada as part of its nationwide growth strategy [1][2] - The expansion aims to serve the first-time homebuyer segment, which is one of the largest and fastest-growing demographics in the U.S. housing market [1][2] - START Real Estate has a proven mortgage attach rate of over 70%, and similar results are expected as the program expands [2] 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 [3] - The company's brands include Fathom Realty, Encompass Lending, intelliAgent, LiveBy, Real Results, and Verus Title [3] Expansion Strategy - The initial focus of the expansion will be on three states, with plans to reach over 15 states within the next year [2] - The expansion is expected to broaden access to homeownership and unlock new growth opportunities across Fathom's mortgage, title, and technology businesses [2]
Fathom Holdings' Verus Title Expands into Arizona and Alabama
Prnewswire· 2025-10-06 12:30
Core Insights - Fathom Holdings Inc. has expanded its subsidiary Verus Title's operations into Arizona and Alabama, enhancing its national growth strategy and service reach [1][2] - Verus Title now operates in 34 states and the District of Columbia, reinforcing its position as a trusted partner in real estate settlements and title services [1][2] Company Expansion - The entry into Arizona and Alabama is seen as a significant milestone for Verus Title, allowing the company to provide title and settlement expertise to a broader client base [2] - This expansion aligns with Fathom's commitment to delivering a consistent, end-to-end process for clients across the nation [2] Service Innovation - Verus Title is recognized for its personalized customer service, leveraging technology to enhance the efficiency and transparency of the title and settlement process [2][3] - The company aims to make the title and settlement experience seamless for clients nationwide through its innovative approach [2][3] Company Overview - Fathom Holdings Inc. is a technology-driven real estate services platform that integrates various services, including residential brokerage, mortgage, title, and SaaS offerings [4] - The company's brands include Fathom Realty, Encompass Lending, intelliAgent, LiveBy, Real Results, and Verus Title, showcasing its diverse service portfolio [4]
Fathom Holdings Prices Underwritten Public Offering of Common Stock
Globenewswire· 2025-09-19 12:04
Core Viewpoint - Fathom Holdings Inc. has announced a public offering of 3,000,000 shares of common stock priced at $2.00 per share, aiming to raise approximately $5.4 million in net proceeds for general corporate purposes [1][2]. Group 1: Offering Details - The underwriter has a 45-day option to purchase an additional 15% of the shares offered under the same terms [2]. - The offering is expected to close on September 22, 2025, subject to customary closing conditions [2]. - Roth Capital Partners is acting as the sole manager for the offering [3]. Group 2: Company Overview - Fathom Holdings Inc. is a technology-driven real estate services platform that integrates residential brokerage, mortgage, title, and SaaS offerings [5]. - The company leverages its proprietary cloud-based software, intelliAgent, to provide services to brokerages and agents [5]. - Fathom's brands include Fathom Realty, Encompass Lending, intelliAgent, LiveBy, Real Results, Verus Title, and Cornerstone [5].
Fathom Holdings Announces Proposed Offering of Common Stock
Globenewswire· 2025-09-18 21:48
Core Viewpoint - Fathom Holdings Inc. announced a proposed primary offering of its common stock, with an option for underwriters to purchase an additional 15% of the shares offered, subject to market conditions [1][2]. Company Overview - Fathom Holdings Inc. is a technology-driven real estate services platform that integrates residential brokerage, mortgage, title, and SaaS offerings, utilizing its proprietary cloud-based software, intelliAgent [4]. - The company's brands include Fathom Realty, Encompass Lending, intelliAgent, LiveBy, Real Results, Verus Title, and Cornerstone [4]. Offering Details - The offering is underwritten and the net proceeds will be used for general corporate purposes [1]. - A shelf registration statement for the shares has been filed with the SEC and is effective [3]. - Roth Capital Partners is the sole manager for the offering [2].
Fathom Holdings Partners with Leadership Expert J'aime Nowak to Elevate Agent Training and Coaching Programs
Prnewswire· 2025-09-16 12:30
Core Insights - Fathom Holdings Inc. has announced a strategic partnership with leadership consultant J'aime Nowak to enhance coaching and training initiatives for its agents [1][3] - Nowak brings over 30 years of experience in entrepreneurship, corporate leadership, and team development, and is the author of a guide aimed at helping professionals, especially women, balance work and personal life [2][4] - The partnership aims to improve Fathom Elevate, a premium coaching program designed to boost agent productivity and profitability, and will also influence onboarding, leadership development, and agent training across the organization [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 [5] - The company's brands include Fathom Realty, Encompass Lending, intelliAgent, LiveBy, Real Results, and Verus Title [5]
Fathom to Present at the 2025 Gateway Conference on September 4th
Globenewswire· 2025-08-20 12:30
Core Insights - Fathom Holdings Inc. will participate in the 2025 Gateway Conference on September 3-4, 2025, in San Francisco, CA [1] - CEO Marco Fregenal will present on September 4 at 10:00 am PT, with a live webcast available [2] - The presentation will cover Fathom's strategic roadmap, showcasing a 36% year-over-year revenue growth, record transaction volumes, and a 23% increase in agent count [3] Financial Performance - Fathom reported a strong second quarter with a 36% increase in revenue year-over-year [3] - The company achieved record transaction volumes and a 23% rise in agent count [3] - Fathom has returned to adjusted EBITDA profitability [3] Strategic Developments - The rapid adoption of the Elevate program is highlighted as a key growth driver [3] - Fathom secured its first licensing agreement for the intelliAgent platform with Sovereign Realty Partners under the Fathom Elite brand [3] - Ongoing agent expansion and platform innovation are expected to support sustained growth and increased market share [3] Company Overview - Fathom Holdings Inc. is a technology-driven real estate services platform that integrates residential brokerage, mortgage, title, and SaaS offerings [5] - The company leverages its proprietary cloud-based software, intelliAgent, and operates several brands including Fathom Realty and Encompass Lending [5]