"We're excited to partner with ByOwner to unlock this major segment of the market, said Marco Fregenal, CEO of Fathom Holdings. FSBO sellers who need extra support now have a direct path into Fathom's full-service platform, and our agents gain high-quality listing and buyer opportunities. This partnership further accelerates our growth and supports our mission to strengthen our position as a leading brokerage across the country."
"Colby Sambrotto, CEO of ByOwner.com, said the partnership expands options for users of the platform. Our mission has always been to empower sellers, he said. With Fathom, we're adding a best-in-class agent option for those who want or need full-service support, giving our sellers and buyers the full range of choice. ByOwner.com connects property owners directly with buyers and renters offering tools and marketing resources for both residential and commercial listings."
About 6% of U.S. home sales are listed as for-sale-by-owner (FSBO), and roughly one in five of those eventually transition to full-service agents. Through the partnership, ByOwner will refer sellers and buyers seeking extra support to Fathom's nationwide agent network. Fathom agents gain access to referred clients while Fathom Realty receives a higher percentage split for successful conversions. The arrangement creates a direct path for FSBO sellers to access a full-service platform and offers ByOwner users the option of full-service agent support. ByOwner.com provides tools and marketing resources for residential and commercial listings.
Read at www.housingwire.com
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