La Rosa Holdings Launches its First Office in North Carolina
La Rosa Holdings Corp. (NASDAQ: LRHC) has announced the opening of its first office in North Carolina, marking a strategic expansion into a growing real estate market. The state's real estate metrics as of October 2024 show positive trends: home prices increased 2.5% year-over-year, home sales rose 4.6%, and housing inventory grew 19.0%.
The company will introduce its agent-focused model offering 100% commission and revenue share plans, along with proprietary technology, training, and support services. This expansion aims to equip real estate professionals with tools to serve North Carolina's growing population and diverse housing demands.
La Rosa Holdings Corp. (NASDAQ: LRHC) ha annunciato l'apertura del suo primo ufficio in Carolina del Nord, segnando un'espansione strategica in un mercato immobiliare in crescita. I dati immobiliari dello stato a ottobre 2024 mostrano tendenze positive: i prezzi delle case sono aumentati del 2,5% rispetto all'anno precedente, le vendite di case sono cresciute del 4,6% e l'inventario abitativo è aumentato del 19,0%.
L'azienda introdurrà il suo modello incentrato sugli agenti, che offre piani di commissione e condivisione dei ricavi al 100%, insieme a tecnologia proprietaria, formazione e servizi di supporto. Questa espansione mira a fornire ai professionisti del settore immobiliare gli strumenti necessari per servire la crescente popolazione della Carolina del Nord e le sue esigenze abitative diversificate.
La Rosa Holdings Corp. (NASDAQ: LRHC) ha anunciado la apertura de su primera oficina en Carolina del Norte, marcando una expansión estratégica en un mercado inmobiliario en crecimiento. Las métricas inmobiliarias del estado a octubre de 2024 muestran tendencias positivas: los precios de las casas aumentaron un 2,5% interanual, las ventas de viviendas subieron un 4,6% y el inventario de viviendas creció un 19,0%.
La empresa presentará su modelo centrado en los agentes, ofreciendo planes de comisión y participación en ingresos del 100%, junto con tecnología propia, capacitación y servicios de apoyo. Esta expansión tiene como objetivo dotar a los profesionales inmobiliarios de herramientas para atender a la creciente población de Carolina del Norte y sus diversas demandas de vivienda.
라 로사 홀딩스 코퍼레이션 (NASDAQ: LRHC)는 노스 캐롤라이나에 첫 사무소를 개설한다고 발표했습니다. 이는 성장하는 부동산 시장으로의 전략적 확장을 의미합니다. 2024년 10월 현재 주의 부동산 지표는 긍정적인 추세를 보이고 있습니다: 주택 가격이 전년 대비 2.5% 상승, 주택 판매가 4.6% 증가, 주택 재고가 19.0% 증가했습니다.
이 회사는 100% 커미션 및 수익 분배 계획을 제공하는 에이전트 중심 모델을 도입하며, 독자적인 기술, 교육 및 지원 서비스를 함께 제공합니다. 이번 확장은 부동산 전문가들이 노스 캐롤라이나의 성장하는 인구와 다양한 주택 수요에 대응할 수 있도록 도와주는 도구를 제공하는 것을 목표로 하고 있습니다.
La Rosa Holdings Corp. (NASDAQ: LRHC) a annoncé l'ouverture de son premier bureau en Caroline du Nord, marquant une expansion stratégique dans un marché immobilier en croissance. Les indicateurs immobiliers de l'État en octobre 2024 montrent des tendances positives : les prix des maisons ont augmenté de 2,5 % d'une année sur l'autre, les ventes de maisons ont augmenté de 4,6 %, et l'inventaire de logements a augmenté de 19,0 %.
L'entreprise va introduire son modèle axé sur les agents offrant des plans de commission et de partage des revenus à 100 %, ainsi que des technologies propriétaires, de la formation et des services de soutien. Cette expansion vise à fournir aux professionnels de l'immobilier les outils nécessaires pour servir la population croissante de Caroline du Nord et ses diverses demandes en matière de logement.
La Rosa Holdings Corp. (NASDAQ: LRHC) hat die Eröffnung ihres ersten Büros in North Carolina angekündigt, was eine strategische Expansion in einen wachsenden Immobilienmarkt markiert. Die Immobilienkennzahlen des Bundesstaates im Oktober 2024 zeigen positive Trends: die Hauspreise stiegen im Jahresvergleich um 2,5%, die Hausverkäufe nahmen um 4,6% zu und der Wohnungsbestand wuchs um 19,0%.
Das Unternehmen wird sein agenturorientiertes Modell vorstellen, das 100% Provision und Umsatzbeteiligungspläne bietet, zusammen mit proprietärer Technologie, Schulung und Unterstützungsdiensten. Diese Expansion zielt darauf ab, Immobilienprofis mit den Werkzeugen auszustatten, um der wachsenden Bevölkerung von North Carolina und den unterschiedlichen Wohnbedürfnissen gerecht zu werden.
- Entry into North Carolina market with demonstrated growth metrics
- Market indicators show strength: 2.5% YoY home price increase
- Home sales up 4.6% despite higher interest rates
- Housing inventory increased 19.0%, indicating market expansion
- None.
Insights
The expansion into North Carolina represents a strategic market entry with compelling growth metrics. The state's real estate fundamentals are robust, with
La Rosa's 100% commission model could be particularly disruptive in North Carolina's competitive market. Their technology-integrated platform and comprehensive agent support system, combined with the revenue share structure, positions them to attract top talent. However, the success will largely depend on their ability to capture market share in a new territory where established brokerages have strong footprints.
While this geographic expansion aligns with their growth strategy, the initial impact on revenue may be modest until they achieve meaningful agent recruitment and transaction volume.
North Carolina's real estate market metrics reveal a resilient growth story. The continued rise in home sales despite elevated interest rates indicates strong underlying demand, likely driven by the state's population growth and economic development. The increased inventory levels suggest a market that's becoming more balanced, potentially leading to sustainable transaction volumes.
La Rosa's timing appears opportune as the market shows signs of normalization. Their agent-centric model, emphasizing technological integration and comprehensive support, aligns well with the evolving needs of modern real estate professionals. The focus on agent empowerment through their commission structure could be particularly appealing in a market where agent retention is crucial.
Celebration, FL, Dec. 11, 2024 (GLOBE NEWSWIRE) -- La Rosa Holdings Corp. (NASDAQ: LRHC) (“La Rosa” or the “Company”), a holding company for six agent-centric, technology-integrated, cloud-based, multi-service real estate segments, today announced the opening of its first office in North Carolina.
North Carolina continues to demonstrate significant momentum in its real estate market. As of October 2024:
- Home prices in North Carolina increased by
2.5% year-over-year, reflecting sustained demand and market strength. - On average the number of homes sold rose by
4.6% , showcasing growing buyer activity despite higher interest rates. - The inventory of homes for sale grew by
19.0% , signaling increased opportunities for buyers.
This expansion allows La Rosa to bring its agent-focused model to the state, equipping real estate professionals with the tools, technology, and training needed to thrive in a competitive market. Agents will have access to La Rosa’s industry-leading resources, enabling them to deliver quality service tailored to the needs of North Carolina’s growing population and diverse housing demands.
Joe La Rosa, CEO of La Rosa, commented, “Our entry into North Carolina marks a significant step forward in our growth strategy. With its thriving real estate market and increasing population, the state offers significant potential for our business model. We believe our brokerage model is unique compared to many of our competitors in the local market, offering a
About La Rosa Holdings Corp.
La Rosa Holdings Corp. (Nasdaq: LRHC) is disrupting the real estate industry by offering agents a choice between a revenue share model or an annual fee-based model with
La Rosa's business model is structured around internal services for agents and external services for the public, including residential and commercial real estate brokerage, franchising, title, real estate brokerage education and coaching, and property management. The Company has 25 La Rosa Realty corporate real estate brokerage offices and branches located in Florida, California, Texas, Georgia, North Carolina and Puerto Rico. The Company also has 7 La Rosa Realty franchised real estate brokerage offices and branches and three affiliated real estate brokerage offices in the United States and Puerto Rico.
For more information, please visit: https://www.larosaholdings.com.
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Forward-Looking Statements
This press release contains forward-looking statements regarding the Company’s current expectations that are subject to various risks and uncertainties. Such statements include statements regarding the Company’s ability to grow its business and other statements that are not historical facts, including statements which may be accompanied by the words “intends,” “may,” “will,” “plans,” “expects,” “anticipates,” “projects,” “predicts,” “estimates,” “aims,” “believes,” “hopes,” “potential” or similar words. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Actual results could differ materially from those described in these forward-looking statements due to certain factors, including without limitation, the Company's ability to achieve profitable operations, our ability to successfully integrate acquisitions into our business operations, customer acceptance of new services, the demand for the Company’s services and the Company’s customers' economic condition, the impact of competitive services and pricing, general economic conditions, the successful integration of the Company’s past and future acquired brokerages, the effect of the recent National Association of Realtors' landmark settlement on our business operations, and other risk factors detailed in the Company's filings with the United States Securities and Exchange Commission (the "SEC”). You are urged to carefully review and consider any cautionary statements and other disclosures, including the statements made under the heading “Risk Factors” in our Annual Report on Form 10-K for the fiscal year ended December 31, 2023, and other reports and documents that we file from time to time with the SEC, including our Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2024. Forward-looking statements contained in this press release are made only as of the date of this press release, and La Rosa does not undertake any responsibility to update any forward-looking statements in this release, except as may be required by applicable law. References and links to websites have been provided as a convenience, and the information contained on such websites has not been incorporated by reference into this press release.
For more information, contact: info@larosaholdings.com.
Investor Relations Contact:
Crescendo Communications, LLC
David Waldman/Natalya Rudman
Tel: (212) 671-1020
Email: LRHC@crescendo-ir.com
FAQ
What are the key metrics of North Carolina's real estate market where LRHC is expanding?
What commission structure does LRHC offer to real estate agents in North Carolina?
When did LRHC launch its first North Carolina office?
What services does LRHC provide to real estate agents in North Carolina?
