Fathom Holdings Inc. Acquires My Home Group to Expand National Footprint

On November 4, 2024, Fathom Holdings Inc. (NASDAQ: FTHM) announced its strategic acquisition of Arizona-based brokerage firm, My Home Group, as detailed in the company’s Form 8-K filing with the Securities and Exchange Commission. The acquisition marks a significant move for Fathom, a national real estate services platform, known for its technology-driven approach in integrating various real estate services for brokerages and agents.

The acquisition of My Home Group, ranked 27th in the nation by transaction volume, aligns with Fathom’s aim to strengthen its presence in Arizona’s thriving real estate market. With a network of over 2,200 agents and approximately 12,000 transactions annually, My Home Group’s strong local brand and collaborative culture make it a valuable addition to Fathom’s operations.

Fathom’s CEO, Marco Fregenal, expressed enthusiasm about the acquisition, highlighting the shared vision between the two companies in empowering agents and providing comprehensive real estate solutions. The move not only expands Fathom’s market reach but also allows for cross-selling opportunities of mortgage and title services to My Home Group’s extensive client base.

My Home Group’s co-founders, Jereme Kleven and Mark Hutchins, reflected positively on the merger, emphasizing the benefits of joining forces with Fathom. The union aims to provide enhanced technology, leadership support, and growth opportunities for agents, reinforcing a commitment to agent success and client satisfaction.

With the acquisition adding to Fathom’s suite of services, the company is well-positioned to capitalize on the booming Phoenix real estate market and deliver integrated solutions to meet the competitive housing landscape in Arizona. The merger is expected to drive revenue growth across Fathom’s service platforms and further solidify its position in key markets nationwide.

Fathom Holdings Inc., focused on sustainable nationwide growth, will provide more insights on the My Home Group acquisition during its upcoming quarterly conference call scheduled for Thursday, November 7, 2024, at 5 p.m. Eastern Time. Investors and stakeholders can access the conference call and webcast details on the company’s website.

About Fathom Holdings Inc.
Fathom Holdings Inc. is a national real estate services platform leveraging technology to offer integrated residential brokerage, mortgage, title, and SaaS solutions to brokerages and agents. With brands like Fathom Realty, Encompass Lending, intelliAgent, LiveBy, Real Results, and Verus Title, Fathom aims to streamline transactions and enhance agent-client experiences.

The news release contains forward-looking statements subject to various risks and uncertainties that may impact the company’s business and financial performance in the future. Investors are urged to review the Risk Factors section of the most recent Form 10-K filed by the company with the SEC and monitor subsequent filings for updates on the business outlook.

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read Fathom’s 8K filing here.

Fathom Company Profile

Fathom Holdings Inc provides a real estate services platform that integrates residential brokerage, mortgage, title, and insurance services in the United States. It operates through three segments: Real Estate Brokerage, Mortgage, and Technology. The Real Estate Brokerage segment provides real estate brokerage services.