F
athom Holdings Inc. (Nasdaq: FTHM) announced that its subsidiary, START Real Estate, is expanding into Utah, Arizona, and Nevada as part of a nationwide rollout. START’s proven model guides first‑time buyers through the home‑ownership process, a rapidly growing segment of the U.S. market. CEO Marco Fregenal said the company will target 15 states in the next year, leveraging its title and settlement expertise to serve more homebuyers, sellers and agents. START has a 70%+ mortgage attach rate and expects similar performance in new markets.
Co‑founder Randy Bell noted that joining Fathom aligns with the goal of scaling the START program nationwide. With Fathom’s cloud‑based platform intelliAgent, extensive agent network and Elevate program, the company is positioned to accelerate growth and deliver services to underserved first‑time buyers.
Fathom’s integrated platform combines residential brokerage, mortgage, title and SaaS through brands such as Fathom Realty, Encompass Lending, LiveBy, Real Results and Verus Title. The expansion will broaden access to homeownership and create new opportunities across its mortgage, title and technology businesses.
Forward‑looking statements in this release involve risks and uncertainties, including economic conditions, interest rates, operational cash flow, growth, litigation and other factors. See the company’s Form 10‑K for details. Investor contacts: Matt Glover and Clay Liolios, Gateway Group, Inc., 949‑574‑3860, [email protected]
