Fathom Realty
The only firm here that publishes flat per-transaction pricing in its 10-K. The 2026 filings carry the risk: a stock trading under $1.00 and a merger agreement signed and terminated within four months.
Last verified: 2026-10-20
Unscored
Public (Nasdaq: FTHM). Got a Nasdaq minimum bid-price notice on August 21, 2026. A merger agreement with Neighborhood Intelligence, Inc. (formerly Bed Bath & Beyond, Inc.) was terminated on October 5, 2026.
Not scored: no published residential rubric.
At a glance
| Legal entity | Fathom Holdings Inc. |
| Headquarters | Cary, North Carolina (principal executive offices) |
| Model | Cloud and revenue-share |
| Score | Unscored |
What the filings reveal
The only firm here that publishes flat per-transaction pricing in its 10-K. The 2026 filings carry the risk: a stock trading under $1.00 and a merger agreement signed and terminated within four months.
Key facts
| Fact | Source | Checked |
|---|---|---|
| Acquired My Home Group, an agency group with over 2,200 agents, on November 1, 2024. Divested LiveBy in November 2025. | source | |
| The company says agents moving from traditional brokerages can increase income by over 25% on average (the company’s claim). | source | |
| Signed a merger agreement with Neighborhood Intelligence, Inc. on June 16, 2026; both parties terminated it on October 5, 2026, with no termination fee owed. | source | |
| Nasdaq notified the company on August 21, 2026 that its stock had closed below $1.00 for 30 consecutive business days, starting a 180-day compliance period. | source |
Financials
| Revenue FY2025 | $420.5M (FY2024 $335.2M) |
| Net loss FY2025 | −$20.3M (FY2024 −$21.6M) |
From the FY2025 annual filing as tagged in SEC XBRL (filing, XBRL).
Agent commission and fees
| Plan | Terms as published | Source |
|---|---|---|
| Fathom, flat-fee plan | $550 per transaction. The fee on an agent’s first transaction each anniversary year rose from $600 to $700 in 2024. High-Value Property Fee: $200 extra on homes priced $600,000 to $999,999, plus $250 for each $500,000 tier above $1,000,000. | source · read 2026-10-20 |
| Fathom Max (from Aug 2024) | $465 per transaction until $9,000 in annual fees, then $165 per sale for the rest of the anniversary year. High-Value Property Fee of $250 per $500,000 tier above $500,000. | source · read 2026-10-20 |
| Fathom Share (from Aug 2024) | 12% of commission per transaction until $12,000 in annual fees. Includes a revenue-sharing opportunity. | source · read 2026-10-20 |
Who it’s actually for
- Agents who want flat, per-deal fees rather than a percentage split; the 10-K lists all three plans.
What we could not verify
- Agent count at December 31, 2025: not found in the 10-K text we read.
Related
Residential hub · All residential profiles
Last verified 2026-10-20. Figures were re-read from the linked sources that day.
View changelog
- Profile published from filings read this day.
Sources
- Fathom Holdings Inc., Form 10-K for FY2025 (filed 2026-03-30) · accessed 2026-10-20
- Fathom Holdings Inc., Form 8-K, termination of NXH merger agreement (filed 2026-10-05) · accessed 2026-10-20
- Fathom Holdings Inc., Form 8-K, Nasdaq bid-price notice (filed 2026-08-25) · accessed 2026-10-20
- SEC EDGAR XBRL company facts (revenue and net income as tagged in each annual filing) · accessed 2026-10-20
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