Fathom Realty Holdings, LLC, will be entering the Idaho real estate market through a planned acquisition of Epic Realty. The acquisition is scheduled to close in the second quarter.
Terms of the transaction were not disclosed.
Based in Meridian, Idaho, near Boise, Epic has more than 350 agents, providing full-service residential real estate services for buyers and sellers. It will be re-branded under the Fathom name in July.
“Idaho is one of the country’s fast growing real estate markets, and we are pleased to be expanding our geographic presence through Epic, a company that exemplifies our culture of servant leadership, integrity and trust,” said Fathom CEO Joshua Harley. “Epic’s co-founders are fantastic leaders who have built a business that is growing substantially, and we are excited to welcome them to the Fathom family once the deal has closed. Our new Idaho agents will have full access to Fathom’s proprietary cloud-based software, intelliAgent, and will also benefit from having additional Fathom services to offer their clients, including mortgage, title, and insurance services, as we continue to help all our agents grow their businesses while enjoying a higher income through significant savings on their commissions.”
“When we took Fathom public 10 months ago, we made the promise that we would quickly and strategically enter all 50 states, and we continue to execute in order to deliver on that promise,” added Harley. “I love that I get to make this announcement on my birthday and couldn’t ask for a better present than to welcome so many new agents to our Fathom family!”
Epic Co-Founder Chad McCloud said, “Epic was built on a commitment of being the most innovative real estate company in the world. Fathom shares our passion and has clearly demonstrated the power of its model. Partnering with Josh and the Fathom team will extend our mutual goal to improve the home-buying and -selling experience for our agents and clients.”
Sheridan Hodson, Epic co-founder, added, “We are very excited to be joining the Fathom family and becoming part of a rapidly growing, national organization who shares in our core beliefs. Our dedicated team of highly professional and experienced agents will utilize their local area expertise as we continue to expand throughout the greater Boise area and across Idaho.”
McCloud and Hodson will retain ongoing responsibility for the day-to-day brokerage operations in Idaho.
For more information, please visit www.fathomrealty.com.