Fathom Holdings has announced the sale of its LiveBy assets to Move Concierge for $3 million, with an expected $300,000 in additional annual contingent consideration tied to data-sharing agreements. The company says the proceeds will be used to support Fathom’s broader growth initiatives. Under the terms of the deal, Fathom will maintain continued access to the LiveBy platform for five years, while Move Concierge will extend its full suite of services to all Fathom agents.
Move Concierge and LiveBy services will also be made available to any brokerage or agent that licenses the IntelliAgent platform through the company’s marketplace, according to the release.
“This transaction deepens our partnership with Move Concierge, provides additional capital to support our growth initiatives, and secures ongoing access to LiveBy’s data along with potential revenue-sharing benefits,” said Marco Fregenal, CEO of Fathom Holdings. “It’s a true win-win that strengthens our financial position, enhances the value we deliver to agents and their clients, and further positions Fathom for scalable, profitable growth. As these capabilities are integrated across our platform, we expect retention and customer satisfaction to improve.
“As we move forward, our focus remains on equipping our agents with the most effective tools for their success. This agreement expands Move Concierge’s services across our network while ensuring continued access to LiveBy’s technology, enabling our agents to deliver a more seamless, connected client experience from search to closing.”
Gabe Abshire, CEO and founder of Move Concierge, added: “We are incredibly excited to bring the LiveBy platform and data into the Move Concierge portfolio, marking a significant step forward in our mission to create transformative experiences for our partners and homebuyers across the country. I have known Marco for more than six years, and strengthening our partnership with him and the entire Fathom team is both an honor and a strategic advantage for both companies.
“Supporting Fathom’s 15,000 agents with our white-glove concierge services reinforces our commitment to delivering a mind-blowing experience and driving real value in every transaction,” Abshire said. “We’re here to help real estate professionals stand out in the market and create an elevated experience for their clients, building trust, loyalty and long-term relationships.”
For more information, visit www.FathomInc.com.
