👀 Ones to watch: The MOST undervalued stocks to buy right nowSee Undervalued Stocks

Fathom Holdings CEO Marco Fregenal Named 2024 HousingWire Vanguard Award Winner

Published 10/10/2024, 11:50 PM
FTHM
-

Recognition Highlights Fregenal's Transformative Leadership in the Real Estate Industry

CARY, N.C., Oct. 10, 2024 /PRNewswire/ -- Fathom Holdings Inc. (Nasdaq: FTHM) ("Fathom" or the "Company"), a national, technology-driven, end-to-end real estate services platform integrating residential brokerage, mortgage, title, and SaaS offerings for brokerages and agents, today announced that its CEO, Marco Fregenal, has been named one of HousingWire's 2024 Vanguard award winners.

The prestigious Vanguard Award, now in its tenth year, recognizes the most influential leaders in the housing economy. Fregenal was selected as one of 100 executives honored for their significant contributions to their organizations and the industry at large.

"We are incredibly proud of Marco's recognition as a 2024 HousingWire Vanguard," said Scott N. Flanders, chairman of Fathom Holdings. "Marco's visionary leadership and unwavering commitment to innovation have been instrumental in Fathom's remarkable growth. His ability to navigate complex market conditions while consistently driving our company forward is exceptional. This award is a well-deserved acknowledgment of Marco's significant impact on Fathom and the broader real estate industry."

Under Fregenal's leadership, Fathom Holdings has achieved several milestones, including:

  • Became one of the top 10 largest real estate brokerage firms in the U.S., ranked by closed transaction sides
  • Increased gross margin to 10% in Q1 2024, paving the way for positive EBITDA and operational cash flow
  • Grew agent network by 13% year-over-year, reaching approximately 12,000 agents as of March 2024
  • Expanded operations to 42 states and the District of Columbia

"Marco's strategic vision and execution ability have been instrumental in Fathom's remarkable growth," added Flanders. "His focus on operational efficiency, coupled with successful mergers, acquisitions, and brand expansions, has positioned Fathom for continued success in an evolving market."

For more information about Fathom Holdings and its innovative real estate solutions, visit www.fathomrealty.com.

About Fathom Holdings Inc.

Fathom Holdings Inc. is a national, technology-driven, real estate services platform integrating residential brokerage, mortgage, title, and SaaS offerings to brokerages and agents by leveraging its proprietary cloud-based software, intelliAgent. The Company's brands include Fathom Realty, Encompass Lending, intelliAgent, LiveBy, Real Results, and Verus Title. For more information, visit www.FathomInc.com.

Investor Contact:
Matt Glover  and Clay Liolios
Gateway Group, Inc.
949-574-3860
FTHM@gateway-grp.com

 

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.