Joe La Rosa, Founder and CEO, and Deana La Rosa, Chief Operating Officer of La Rosa Holdings Corp. (NASDAQ: LRHC) ($LRHC) (“Company”) are at the Nasdaq MarketSite studio with New to The Street’s TV Host, Jane King. The Company provides real estate brokerage services for residential and commercial properties while utilizing proprietary technology platforms to assist its sales and franchise agents. Because the Company has a disruptive revenue share model that is 100% commission-free, many new agents joined the LRHC, making June 2024 a record month for recruits. La Rosa Realty’s unique brokerage model is agent-centric, whereas management wants to ensure each agent has the tools, training, and support to succeed. With several B2B real-estate opportunities in conjunction with the Company’s proprietary “JAMIE” AI technology platform, agents have access to multiple revenue sources that don’t exist at the typical real-estate offices. The Company currently has around 2,400 agents and expects to have around 4,000 before the end of 2024. Joe and Deana discuss the new offices open in Houston, Texas, Tampa, Florida, and its operations in Georgia. The Company is now “Beta” testing its latest technology platform, “My Agent Account,” which can give agents a full-digital portal for numerous transactional needs, an efficient paperless solution. La Rosa sees an increase in refinancing since the lowering of mortgage rates and expects to see even more real-estate growth as interest cuts could occur in the upcoming months. Real estate is interest rate sensitive; as rates come down, refinancing and buyers/sellers of homes become more in demand. LRHC is growing its operations through its agent-centric base and from accretive solid organic growth. The Company continues to evaluate well-suited acquisitions that are consistent with the Company’s business model. The on-screen QR code is available during the show; download or visit La Rosa Holdings Corp. – https://larosaholdings.com/.
To make sure you never miss a video from New to the Street, click here to subscribe: https://www.youtube.com/c/newtothestreettv
Follow New to the Street on Twitter: https://twitter.com/NewToTheStreet
Follow New to the Street on Facebook: https://www.facebook.com/newtothestreet/
About New to the Street: https://newtothestreet.com/
Subscribe to our Mailing List: https://mailchi.mp/ccd21b3e3fab/join-our-mailing-list