Commission Plans
Now with revenue share
Our Non-Hidden Fees
Initial Activation
Monthly Fees
Annual Fee
Residential Sales
Residential Leases
Commercial Transactions
Errors & Omissions (E&O)
Incoming Referrals
Property Premium
Broker Price Opinion (BPO)
Representing Both Sides of a Transaction
Selling Personal Real Estate
Agents pay a $350 Risk Management Fee when selling personal real estate property where they represent themselves. The Fee applies to any real estate property where an agent has potential personal financial gain. Agents cannot represent both sides of a transaction when selling personal real estate property. Fathom encourages agents to hire another Fathom agent to handle their property listing to promote compliance and added protection from litigation.
Please note that E&O premiums increase relative to the number of agents' personal property transactions a brokerage closes. A higher risk is applied when an agent sells their personal property since they are considered to have an "unfair advantage" in the transaction."
If agents incur any miscellaneous fees not listed above or fees related to a transaction (e.g., bank fees, wire transfer fees, MLS fees, etc.), they are the agent's responsibility.
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