Fathom Holdings, the parent company of Fathom Realty, has announced a significant promotion within its executive leadership team. The firm has appointed Joanne Zach, a former senior vice president of finance, as its new Chief Financial Officer (CFO). Zach's appointment comes as Fathom Realty continues to expand its footprint and enhance its financial strategies to drive long-term success.

Elevating Financial Expertise to Fuel Fathom's Growth

Leveraging Institutional Knowledge and Strategic Acumen

Joanne Zach's journey with Fathom Realty began in 2021, where she worked closely alongside CEO Marco Fregenal for three years. During this time, Zach collaborated on strategic planning and key financial decisions, gaining valuable insights into the company's finance strategy and forging crucial relationships across the organization. Fregenal praised Zach's efficiency and strong drive for growth, stating that her "ability to drive financial efficiency and continuous improvement is a testament to her leadership."

Elevating Fathom's Financial Framework for Long-Term Success

In her new role as CFO, Zach expressed her dedication to building on the strong foundation established during her tenure at Fathom. She is excited to further enhance the company's financial strategies and leverage its technology to drive Fathom's growth, innovation, and value creation for its clients, agents, partners, employees, and shareholders.

Seasoned Finance Professional Brings Diverse Expertise

Joanne Zach brings over 25 years of finance experience in the public and private sectors, ranging from life sciences to manufacturing. She started her career as an auditor at Arthur Andersen and has held several finance leadership roles, including the CFO position at financial advisory firm Rankin McKenzie.

Fathom's Strategic Moves to Expand Footprint and Performance

Fathom Realty has been making strategic moves to expand its footprint and enhance its performance heading into 2025. On Monday, the company acquired Scottsdale, Arizona-based My Home Group, adding over 2,200 agents to its ranks. This acquisition could be a reaction to the increased activity in Arizona's real estate market, driven by a growing presence of California migrants seeking more affordable housing options.

Diversifying Commission Payment Plans for Agent Flexibility

In August, Fathom Realty introduced two new commission payment plans, Fathom Max and Fathom Share, to complement the company's existing Fathom One plan. This move provides agents with more flexibility and options to align with their individual business needs and preferences.

Resolving Antitrust Claims for Continued Growth

In September, Fathom Realty settled antitrust claims related to the Sitzer/Burnett suit for $2.95 million. This resolution allows the company to focus on its growth and expansion strategies without the distraction of legal proceedings.

Impressive Growth Trajectory Reflected in Agent and Sales Volume Data

According to data from Real Trends Verified, North Carolina-based Fathom Realty is closing in on 11,800 total agents, with 145 sales offices and roughly $1.12 million in average yearly sales volume per agent. These figures demonstrate the company's impressive growth trajectory and its ability to attract and retain top-performing real estate professionals.