Fathom Realty Shares Equity With Agents

Fathom Realty Shares Equity With Agents

Summary: Fathom Realty now shares equity with their agents.

CARY, North Carolina, Dec. 22, 2016 —  Fathom Realty Holdings LLC announced in December 2016 that all current and future Fathom agents will own equity in the company. This announcement follows Fathom’s having been recognized in the Inc 500’s list of fastest-growing companies in America for the second year in a row. Under this new program, agents receive equity when they join Fathom, for every year they remain a Fathom agent, for every real estate sale they complete, and for every agent they refer and who joins Fathom.

“Our agents believe in Fathom,” said Josh Harley, CEO. “They share our core values and they serve the community around them. Our agents have directly participated in our extraordinary growth. In fact, over 23% of our agents were referred by another Fathom agent.” Harley continued, “The truth is, our agents helped us grow and become profitable. So they should share in our combined success. Fathom is breaking records because of our agents, and it is with that in mind that we decided to give a portion of Fathom to our agents. From now on, Fathom will be an agent-owned company. This new venture helps ensure our core values and guiding principles are aligned. It’s our way of not only saying ‘Thank you,’ but showing it through our actions.”

Providing agents with equity positions both agents and Fathom with a mutual interest in the success of each party. This also furthers Fathom’s commitment to be an agent-centered brokerage.

About Fathom Realty: Fathom Realty is a national, cloud-based, full-service real estate brokerage. Fathom is dedicated to serving agents by providing the industry’s best technology, effective training, and the highest level of support. Agents enjoy a higher net income through Fathom’s flat-fee based commission splits allowing them to invest more money into growing their business. Fathom agents also earn stock grants based on their contribution to revenue and company growth.

 

Media Relations Contact:

Geoffrey Stertz
Director of Marketing
Email for Media Relations

Investor Relations Contact:

Marco Fregenal
President and CFO
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