Fathom Raises Transaction Fees, Boosts Agent Incentives Amid Q3 Loss
The brokerage and tech platform is accelerating cost cutting after posting a $6 million, third-quarter loss, with revenue up 10.2 percent to $111.3 million.
Source: inman.com
Ravila Gupta News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Ravila Gupta. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Ravila Gupta Today - Breaking & Trending Today
Fathom Holdings Inc. Reports 72% Revenue Growth for 2021 First Quarter
Share this article CARY, N.C., May 13, 2021 /PRNewswire/ -- Fathom Holdings Inc. (Nasdaq: FTHM), a national, technology-driven, end-to-end real estate services platform integrating residential brokerage, mortgage, title, insurance, and SaaS offerings for brokerages and agents, today announced financial results for the 2021 first quarter ended March 31, 2021. First Quarter 2021 Financial Results Fathom Holdings Q121 Highlights Revenue for the 2021 first quarter grew approximately 72% to $49.6 million, from $28.8 million for the comparable period last year. Fathom completed approximately 6...
Source: prnewswire.com
'Next evolution' in real estate? Tech-driven Fathom Realty in Cary strikes another big deal
CARY – Growth continues to surge at technology-driven Fathom Realty with another big acquisition, and the parent firm has added more tech knowledge to its board with the addition of a former Council for Entrepreneurial Development CEO. On Friday, Fathom Holdings, Inc. (Nasdaq: FTHM) disclosed it acquired the residential real estate brokerage business of Red Barn Real Estate, a full service brokerage firm that operates in the Greater Atlanta, Ga. area. The move further expands the Fathom team by at least 230 additional agents, which employs more than 5,000 agents who operate in 113 local...
Source: wraltechwire.com