Fathom Holdings, Inc. reported this week that total revenue increased more than 52% for the second quarter of 2022 to $128.2 million, up from $84.2 million over 2Q 2021. Fathom completed more than 13,200 real estate transactions for 2Q 2022, an increase of 32% from the same quarter last year. In addition, Fathom’s real estate agent network grew 38% to 9,560 agents on June 30, 2021, up from 6,950 agents on June 30, 2021.

Growth in our key metrics this quarter, even with less-than-ideal market conditions, reflects the power of Fathom’s unique business model and our ability to provide agents with the opportunity to keep significantly more of their hard-earned commission dollars.

Joshua Harley, Fathom CEO

“Growth in our key metrics this quarter, even with less-than-ideal market conditions, reflects the power of Fathom’s unique business model and our ability to provide agents with the opportunity to keep significantly more of their hard-earned commission dollars,” said Fathom CEO Joshua Harley. “We believe that competitive advantage should serve us well over the long-term.”

Second Quarter 2022 and Recent Highlights:

• Launched Veteran Division to provide specialized resources, support and opportunities for Fathom’s current and former military service members, as well as for veteran home buyers and sellers and those still on active duty.
• Conducted inaugural Team Think Tank, bringing together agent team leaders from across the country to discuss strategies for successful future growth.
• Operating in 38 states and the District of Columbia.

“We believe Fathom has a long runway with solid growth prospects well into the future,” added Fathom President and CFO Marco Fregenal.