Fathom Realty Announces Revised Agent Commission Structure


CARY, North Carolina, 20 December 2021 / PRNewswire / – Fathom Realty LLC, a wholly owned subsidiary of Fathom Holdings Inc. (Nasdaq: FTHM), a national, end-to-end, technology-driven real estate services platform integrating residential brokerage, mortgage, title, insurance and SaaS offerings for brokers and agents , today announced a revised commission structure for its agents.

Effective January 1, 2022, Fathom agents will pay a $ 600 annual subscription, from $ 500, and $ 500 for each of their first 12 completed transactions, against $ 450. The stream $ 99 the transaction fees for each transaction after the first 12 remain unchanged. For team plans, team members will pay the $ 500 transaction fees for the initial four transactions, compared to two previously.

“Fathom is a pioneer in our industry, with a strong culture of agent-centric service. Our agent fees have not increased overall over the past five years, and we believe the time is right to make this change, ”said the CEO of Fathom. Joshua Harley. “We have carried out extensive market research and are confident that our compensation plans remain very competitive and attractive to our current and future agents. In fact, over the past two years, the commissions Fathom agents have earned on each sale have increased by an average of $ 2,220. We will always put our agents first and continue to provide them with all the technology, tools, education and services they need to be highly productive and make more money. We believe that the fee increase, while small, will allow us to further enhance our value proposition as we continue to invest in new technologies and improved services, thereby attracting even more agents to our unique platform. “

About Fathom Realty LLC
Fathom Realty, a wholly owned subsidiary of Fathom Holdings Inc., is a national cloud-based real estate brokerage firm powered by intelliAgent, a proprietary technology platform that simplifies agent transaction management. The Company currently operates in 34 states and the District of Colombia with more than 7,500 agents, who earn higher revenues through Fathom’s transaction fee compensation model, as well as the ability to offer their clients a host of related services, from title insurance to implementation. instead of mortgages and, in some states, home insurance. Fathom agents also earn shares in the publicly traded parent company. Fathom Realty is the ninth largest independent firm in the country according to the 2020 Real Trends 500 Ranking Report. For more information, visit www.fathomcareers.com.

About Fathom Holdings Inc.
Fathom Holdings Inc. is a national, technology-driven real estate services platform integrating residential brokerage, mortgage, title, insurance and SaaS offerings to brokerage houses and agents by leveraging its software cloud-based owner, intelliAgent. The Company’s brands include Fathom Realty, Dagley Insurance, Encompass Lending, intelliAgent, LiveBy, Real Results and Verus Title. For more information, visit www.FathomInc.com.

Caution regarding forward-looking statements
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 concerning, among other things, Fathom’s ability to help agents become highly productive and earn more money, and its ability to attract more agents. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially, including attraction and retention of agents and other risks set out in the Risk Factors section of Form 10- Company’s most recent K, filed with the SEC and supplemented from time to time in other documents filed by the Company with the SEC. Copies of Fathom’s Form 10-K and other documents filed with the SEC are available on the SEC’s website, www.sec.gov. The Company assumes no obligation to update these statements for revisions or changes after the date of this posting, except as required by law.

Investor Relations and Media Contacts:

Roger Pondel / Laurie Berman

Marco Fregenal

PondelWilkinson Inc.

President and Chief Financial Officer

[email protected]

Fathom Holdings Inc.

(310) 279-5980

[email protected]

(888) 455-6040

SOURCE Fathom Realty


Aurora J. William