Fathom Holdings Inc. Acquires Scottsdale’s My Home Group to Boost Southwest Presence

In a strategic move to cement its presence in the Southwest, Fathom Holdings Inc. of North Carolina has snapped up Scottsdale’s My Home Group, reported by both

Phoenix Business Journal

and

HousingWire

. This acquisition brings a significant 2,200 agents under the expanding umbrella of Fathom Holdings, a company intent on enhancing its operational footprint.

The financial specifics remain under wraps; however, Fathom Holdings intends to discuss the deal in its third-quarter earnings call, set for this Thursday, signaling transparency in their corporate strategy, while the promise of local job growth looms with the company aiming to hire 25 to 50 individuals in the Arizona office over the next few years, and My Home Group retaining its well-established identity to leverage brand recognition in the local market despite Fathom Holdings being now present in 43 states after four years of public trading and nine acquisitions including this recent one.

Navigating the competitive landscape of residential real estate, My Home Group will continue being led by co-founders Jereme Kleven and Mark Hutchins, as both share a corresponding ethos with Fathom Holding’s agent-first philosophy. “We are thrilled to welcome My Home Group, a company we’ve long respected, to the Fathom family,”

Fathom’s CEO Marco Fregenal

commented on the partnership, signaling a smooth continuity of values and operations post-acquisition, “Arizona’s real estate market presents significant opportunities, and My Home Group’s agent-focused approach aligns seamlessly with Fathom’s culture.”

My Home Group’s impressive track record consists of having a spot on the Inc. 5000 list for seven consecutive years and closing over 13,000 transaction sides in 2023 alone, now combined with Fathom’s technology and innovative commission plans, vows to bring a reinforced commitment to their agents’ growth—heightening expectations for service efficiency and a stronger competitive edge in the Southwest market which will not only enhance Fathom’s mortgage and title company operations but also surely sends a resolute message regarding the company’s aspirations for accelerated growth on the West Coast.

Despite a slight decrease in total revenue from $93.5 million in the third quarter of 2023 to $83.7 million in the same period in 2024, Fathom Holdings illustrates a robust forward momentum, notably with its chief executive Marco Fregenal at the helm since late 2023. The group remains steadfast in their expansion endeavors, and this latest acquisition is poised to enrich the burgeoning real estate landscapes of not only Arizona but also the broader Southwest territory.

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