CARY,
N.C., June 20, 2024 /PRNewswire/ -- Verus Title,
a wholly owned subsidiary of Fathom Holdings Inc. (Nasdaq: FTHM), a
national, technology-driven, end-to-end real estate services
platform integrating residential brokerage, mortgage, title, and
SaaS offerings for brokerages and agents, today announced that
Salt Lake City, Utah-based LW
Traveling Title (Traveling Title) is now part of Verus Title.
Traveling Title is an established title insurance agency with
nine team members serving Utah,
Colorado, and Virginia.
"We are delighted to share that Traveling Title is now a part of
our Verus team," said Marco Fregenal, CEO of Fathom Holdings.
"Utah, with its thriving real
estate market, is a strategic addition to our geographic footprint.
With the addition of Traveling Title, Verus Title is poised to
leverage its technology tools and exceptional service commitment to
deliver unparalleled service in Utah, Colorado, and Virginia. This expansion underscores Fathom's
commitment to providing comprehensive and innovative real estate
solutions. We are excited about the opportunities and growth this
collaboration will bring, enhancing our ability to serve clients
with excellence and convenience."
Paul Yurashevich, President of Verus Title, added, "Verus Title
and Fathom are excited to welcome the Traveling Title team.
Traveling Title is well known in Utah for going above and beyond for its
clients with convenient closings and strong knowledge of title.
That matches Verus' commitment to service well; adding to all the
technology tools that Verus brings to the table, we have a winning
formula for best-in-class title products in the state. We are
excited to grow together in the state, and this addition to our
team will help us offer broader and better coverage in Utah."
Real Estate Mergers & Acquisitions Co. (REMA) facilitated
the transaction for both parties.
About Fathom Holdings Inc.
Fathom Holdings Inc. is a
national, technology-driven, real estate services platform
integrating residential brokerage, mortgage, title, and SaaS
offerings to brokerages and agents by leveraging its proprietary
cloud-based software, intelliAgent. The Company's brands include
Fathom Realty, Encompass Lending, intelliAgent, LiveBy, Real
Results, and Verus Title. For more information, visit
www.FathomInc.com.
Cautionary Note Concerning Forward-Looking
Statements
This press release contains "forward-looking
statements," including, but not limited to, the opportunities and
growth the acquisition of Traveling Title brings to Fathom.
Forward-looking statements are subject to numerous conditions, many
of which are beyond the control of the Company, including: risks
related to acquisitions and the integration of acquisition; risks
related to general economic conditions, including interest rates;
risks in effectively managing rapid growth in our business;
reliance on key personnel; competitive risks; and the other risk
factors set forth from time to time in our SEC filings, copies of
which are available on the SEC's website, www.sec.gov. The Company
undertakes no obligation to update these statements for revisions
or changes after the date of this release, except as required by
law.
Investor Contact:
Matt
Glover
Gateway Group, Inc.
949-574-3860
FTHM@gateway-grp.com
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SOURCE Fathom Holdings Inc.
