| Market Capitalization (Millions $) |
22 |
| Shares
Outstanding (Millions) |
33 |
| Employees |
281 |
| Revenues (TTM) (Millions $) |
414 |
| Net Income (TTM) (Millions $) |
-23 |
| Cash Flow (TTM) (Millions $) |
-2 |
| Capital Exp. (TTM) (Millions $) |
2 |
Business Description
Fathom Holdings Inc. is a real estate brokerage company headquartered in Cary, North Carolina. The company operates through its subsidiaries Fathom Realty Holdings, LLC, Fathom Realty Florida, LLC, Fathom Realty Georgia, LLC, Fathom Realty Pennsylvania, LLC, and Fathom Realty Texas, LLC. It primarily focuses on providing scalable technology-driven, real estate brokerage services to residential real estate agents and brokerages.
Fathom Holdings' business model is based on a flat-fee commission structure, which empowers real estate agents to earn higher commission splits for their hard work. The company provides benefits such as paperless transactions, no desk fees, and access to various technology tools such as its agent productivity platform and CRM.
Moreover, the company offers various support programs such as educational materials, mentorship programs, and training sessions for real estate agents to increase their efficiency and productivity. Fathom Holdings aims to create a culture of collaboration and innovation with its agents and team members.
Fathom Holdings' revenue model is based on the commissions it receives from its agents' transactions as well as franchise royalties from its franchisees. The company has been expanding rapidly, with a presence in over 100 markets in the United States. It has also been increasing its agent count, as well as its franchise presence, over the years.
Fathom Holdings has placed a considerable emphasis on technology adoption and innovation, investing in AI-powered predictive analytics, machine learning algorithms, and chatbots. Its platform provides real-time insights and data analytics, enabling agents to better understand their clients' needs and preferences. Additionally, the company has developed tools for agent and client use, including the Fathom Vault and Virtual Reality Home Tours.
Overall, Fathom Holdings' differentiated flat-fee commission structure and technology-driven approach have been key factors fueling its growth in the highly competitive real estate brokerage market.
Company Address: 2000 Regency Parkway Drive Cary 27518 NC
Company Phone Number: 455-6040 Stock Exchange / Ticker: NASDAQ FTHM
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94.14 %