This comparison between Fathom vs Berkshire Hathaway HomeServices highlights the key factors to consider when choosing between these two brokerages. Both offer distinct commission structures, training, and long-term growth opportunities for real estate agents.
Commission Splits and Fees
Fathom Realty offers agents a 100% commission split with no franchise or royalty fees. This means that agents keep all of their commission, minus a small transaction fee ranging from $150 to $250 per transaction, making it highly appealing for agents focused on maximizing their earnings. There is no production cap at Fathom, which simplifies the fee structure. Additionally, Fathom charges a $700 yearly fee with no monthly fees, creating predictability in overall costs.
Berkshire Hathaway operates with commission splits ranging from 60/40 to 90/10, which can be less favorable for agents compared to Fathom’s 100% split. The company also charges a 6% franchise fee, which impacts agent earnings, and there is no production cap, meaning agents continue to pay the split and fees regardless of their earnings. Monthly fees at Berkshire Hathaway vary by office, adding another variable cost. Transaction fees are typically between $295 and $625, depending on the office.
Income Opportunities
Fathom Realty does not offer revenue share income, retirement income, or willable income paths. However, agents benefit from keeping 100% of their commissions and managing their business with predictable costs.
Berkshire Hathaway, like Fathom, does not offer additional income streams such as revenue share or willable income paths. Agents at Berkshire Hathaway are similarly reliant on their commission earnings with no passive income opportunities.
Training and Support
Fathom Realty does not provide formal training or 24/7 agent support, which can be a drawback for new agents who need guidance. However, the brokerageโs low-fee structure and simplicity can appeal to experienced agents who are comfortable working independently.
Berkshire Hathawayโs training and support vary by office. While they have a prestigious brand, the quality of training and support largely depends on the local officeโs management and resources. There is no 24/7 agent support, which could be a disadvantage for agents who require more hands-on or flexible assistance.
Technology and Resources
Fathom Realty offers a cloud-based system and a technology-driven approach to support agents, with tools like CRM systems and marketing platforms to help streamline operations. This modern, no-frills approach caters to agents who want a simple, tech-savvy platform without additional costs for luxury services.
Berkshire Hathaway provides more traditional resources, including marketing tools that leverage the prestige of its luxury brand. These resources are designed to help agents market high-end properties and attract affluent clients. However, agents at Berkshire Hathaway might find the technology offerings more focused on luxury branding than cloud-based efficiency.
Agent Satisfaction
Fathom Realty has a high Glassdoor rating of 4.6 stars from 425 reviews, where agents often highlight the simplicity of the fee structure and the financial freedom provided by the 100% commission model.
Berkshire Hathaway has a 4.2-star rating from 981 reviews. Agents frequently cite the value of working under a globally recognized brand, especially in the luxury real estate sector, but some mention concerns about the fees and commission structure limiting their earning potential.
Final Thoughts on Fathom vs Berkshire Hathaway
For agents who prioritize keeping 100% of their commission and prefer a simple, low-cost structure, Fathom Realty is the better choice. Its technology-driven platform and predictable fee model make it ideal for independent agents seeking financial autonomy.
Berkshire Hathaway is a great fit for agents who value brand prestige and want access to luxury real estate markets. However, the commission splits, ongoing fees, and lack of additional income opportunities may not appeal to agents looking to maximize their earnings.
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