Fathom Holdings Launches Expansion of START Real Estate
Expansion Announcement: Fathom Holdings Inc. has announced that its subsidiary, START Real Estate, is expanding into Utah, Arizona, and Nevada as part of a strategy to reach over 15 states within the next year.
Focus on First-Time Buyers: The expansion aims to serve the underserved first-time homebuyer segment, leveraging START Real Estate's proven model and Fathom's technology to enhance access to homeownership.
Trade with 70% Backtested Accuracy
Analyst Views on FTHM
About FTHM
About the author
Fathom Holdings Divests LiveBy Assets for $3 Million Cash
- Asset Sale: Fathom Holdings divested its LiveBy assets to Move Concierge for $3 million, with an expected additional annual revenue of $300,000, which will support the company's growth initiatives.
- Continued Access: As part of the transaction, Fathom will retain access to the LiveBy platform for the next five years, ensuring its agents can leverage the platform's data and technology to enhance client experience and satisfaction.
- Partnership Deepening: This transaction deepens the partnership between Fathom and Move Concierge, with Move Concierge committing to extend its services to all Fathom agents, thereby enhancing competitive positioning for both companies.
- Strategic Advantage: Fathom CEO Marco Fregenal stated that this transaction not only strengthens the company's financial position but also enhances the value delivered to agents and clients, further positioning Fathom for sustainable, profitable growth.
Fathom Forms Strategic Alliance with Move Concierge
Partnership Announcement: Fathom Holdings Inc. has formed a strategic partnership with Move Concierge to enhance the moving experience for its agents and clients by providing access to premium concierge services.
Service Integration: The collaboration aims to streamline the moving process by allowing clients to set up home services through a personal concierge, making it easier and more efficient.
Company Background: Move Concierge has been in operation since 2009, serving over 250,000 customers with a high satisfaction rating, and is recognized for its exceptional customer service.
Fathom's Commitment: This partnership reflects Fathom's dedication to innovation and improving the homeownership journey, positioning itself as a comprehensive service provider in the real estate industry.
