La Rosa Holdings Launches My Agent Account Version 3.0 with Enhanced Property Management Disbursement Features; Expected to Enhance La Rosa's Agents' Productivity and Efficiency by 50% by Year-End
La Rosa Holdings Corp. (NASDAQ: LRHC) has launched My Agent Account version 3.0, an upgraded proprietary platform featuring a new property management disbursement module. This update is expected to improve operational efficiency for agents by 50% by year-end. The platform has shown significant growth, with utilization increasing by 19% year-over-year and app downloads nearly doubling from 281 in 2023 to 574 in the first 9 months of 2024. The AI assistant JAEME has also seen increased usage, with hits rising from 864 in January to 1,400 in June 2024. La Rosa aims to continue building a proptech company, with version 4.0 set to launch in 2025, offering improvements in transaction management integration and streamlined processes.
La Rosa Holdings Corp. (NASDAQ: LRHC) ha lanciato My Agent Account versione 3.0, una piattaforma proprietaria aggiornata che presenta un nuovo modulo di gestione dei pagamenti per immobili. Si prevede che questo aggiornamento migliorerà l'efficienza operativa per gli agenti del 50% entro la fine dell'anno. La piattaforma ha mostrato una crescita significativa, con un aumento dell'utilizzo pari al 19% rispetto all'anno precedente e i download dell'app che quasi sono raddoppiati, passando da 281 nel 2023 a 574 nei primi 9 mesi del 2024. L'assistente AI JAEME ha visto anche un aumento dell'uso, con le visite che sono passate da 864 a gennaio a 1.400 a giugno 2024. La Rosa punta a continuare a costruire una compagnia proptech, con la versione 4.0 prevista per il lancio nel 2025, che offrirà miglioramenti nell'integrazione della gestione delle transazioni e nei processi semplificati.
La Rosa Holdings Corp. (NASDAQ: LRHC) ha lanzado My Agent Account versión 3.0, una plataforma propietaria mejorada que cuenta con un nuevo módulo de gestión de desembolsos inmobiliarios. Se espera que esta actualización mejore la eficiencia operativa de los agentes en un 50% para fin de año. La plataforma ha mostrado un crecimiento significativo, con una utilización que ha aumentado un 19% interanual y las descargas de la aplicación que casi se han duplicado, de 281 en 2023 a 574 en los primeros 9 meses de 2024. El asistente de IA JAEME también ha visto un aumento en su uso, con las visitas pasando de 864 en enero a 1.400 en junio de 2024. La Rosa tiene como objetivo continuar construyendo una empresa de proptech, con la versión 4.0 programada para lanzarse en 2025, que ofrecerá mejoras en la integración de gestión de transacciones y procesos simplificados.
라 로사 홀딩스 코프. (NASDAQ: LRHC)는 마이 에이전트 계정 버전 3.0을 출시했습니다. 이 업데이트된 독점 플랫폼은 새로운 부동산 관리 지급 모듈을 특징으로 합니다. 이 업데이트는 연말까지 에이전트의 운영 효율성을 50% 향상시킬 것으로 예상됩니다. 플랫폼은 유의미한 성장을 보여주었으며, 활용도가 전년 대비 19% 증가하고 앱 다운로드는 2023년 281건에서 2024년 처음 9개월 동안 574건으로 거의 두 배로 증가했습니다. AI 어시스턴트 JAEME의 사용도 증가했으며, 2024년 1월 864건이었던 조회 수가 6월에는 1,400건으로 증가했습니다. 라 로사는 2025년에 거래 관리 통합 및 간소화된 프로세스 개선을 제공하는 4.0 버전을 출시할 예정으로, proptech 회사로 계속 발전할 계획입니다.
La Rosa Holdings Corp. (NASDAQ: LRHC) a lancé My Agent Account version 3.0, une plateforme propriétaire mise à jour avec un nouveau module de gestion des paiements immobiliers. Cette mise à jour devrait améliorer l'efficacité opérationnelle des agents de 50% d'ici la fin de l'année. La plateforme a montré une croissance significative, avec une utilisation en hausse de 19% par rapport à l'année précédente et les téléchargements de l'application qui ont presque doublé, passant de 281 en 2023 à 574 au cours des 9 premiers mois de 2024. L'assistant IA JAEME a également connu une utilisation accrue, les visites passant de 864 en janvier à 1.400 en juin 2024. La Rosa vise à continuer de construire une entreprise proptech, avec la version 4.0 prévue pour 2025, offrant des améliorations dans l'intégration de la gestion des transactions et des processus simplifiés.
La Rosa Holdings Corp. (NASDAQ: LRHC) hat My Agent Account Version 3.0 lanciert, eine aktualisierte proprietäre Plattform, die ein neues Modul zur Verwaltung von Immobilienauszahlungen enthält. Es wird erwartet, dass dieses Update die operative Effizienz für Agenten bis zum Jahresende um 50% verbessert. Die Plattform hat ein signifikantes Wachstum gezeigt, da die Nutzung um 19% im Vergleich zum Vorjahr gestiegen ist und die App-Downloads fast von 281 im Jahr 2023 auf 574 in den ersten 9 Monaten des Jahres 2024 gestiegen sind. Der KI-Assistent JAEME hat ebenfalls eine erhöhte Nutzung erfahren, mit Zugriffssteigerungen von 864 im Januar auf 1.400 im Juni 2024. La Rosa strebt an, ein Proptech-Unternehmen weiter auszubauen, wobei die Version 4.0 für 2025 geplant ist und Verbesserungen bei der Integration des Transaktionsmanagements sowie optimierte Prozesse bieten wird.
- Launch of My Agent Account version 3.0 with new property management disbursement features
- Expected 50% increase in agent productivity and efficiency by year-end
- 19% year-over-year increase in platform utilization
- App downloads nearly doubled from 281 in 2023 to 574 in 9 months of 2024
- Increased usage of JAEME AI assistant from 864 hits in January to 1,400 in June 2024
- None.
Insights
The launch of My Agent Account version 3.0 by La Rosa Holdings represents a significant technological advancement in the real estate sector. The new property management disbursement module is a key feature that addresses a critical aspect of real estate operations. The reported
The integration of JAEME, an AI assistant, showcases La Rosa's commitment to leveraging cutting-edge technologies. The substantial increase in JAEME's usage, from 864 hits in January to 1,400 in June 2024, demonstrates its growing importance in agent operations. However, the slight decrease to 976 hits in September warrants monitoring for potential seasonal fluctuations or user experience issues.
The ambitious goal of increasing agent productivity and efficiency by
La Rosa's focus on proprietary technology development positions it as a potential leader in the proptech space within the real estate industry. The mandatory subscription model for My Agent Account ensures a steady revenue stream and encourages widespread adoption across the company's agent network. This approach aligns with the industry trend of integrating technology to streamline operations and enhance service delivery.
The planned launch of version 4.0 in 2025, with improvements in transaction management and e-signature processes, indicates a forward-thinking strategy that could further differentiate La Rosa in a competitive market. However, investors should note that the company's success heavily relies on the continued adoption and effectiveness of its proprietary technology.
With a market cap of
Increased Utilization and Downloads of My Agent Account Reflect Growing Adoption of La Rosa’s Proprietary Platform by its Agents
Celebration, FL, Oct. 09, 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 launch of My Agent Account version 3.0, a significant upgrade to its proprietary platform, which now includes a new module specifically designed for property management disbursements. This update is expected to improve operational efficiency for agents across the Company.
My Agent Account, La Rosa's proprietary platform, was designed to empower agents with a comprehensive suite of tools and resources. Serving as a centralized hub, it enables agents to stay connected, informed, and efficient in their daily operations. A key feature of the platform is JAEME, a real estate AI assistant designed to inspire and support agents by providing personalized content that boosts marketing, efficiency, and sales efforts. All La Rosa offices have access to My Agent Account and are required to pay a mandatory monthly or annual subscription fee per agent for it.
The platform has demonstrated significant growth and adoption among the Company’s agents:
- My Agent Account utilization increased by
19% year-over-year (August 2023 versus August 2024), reflecting the growing reliance on the platform for daily operations - The My Agent Account app saw a substantial increase in downloads, nearly doubling from 281 for 2023 to 574 for 9 months of 2024, highlighting increasing user engagement
- JAEME utilization also increased with a jump from 864 hits in January to 1,400 hits in June 2024 and 976 hits in September 2024, showcasing the growing role of AI-driven assistance in agent operations
Alex Santos, Chief Technology Officer of La Rosa, stated, “As we continue to enhance and refine our proprietary technology, we are optimizing key processes aiming to provide a state-of-the-art experience for our agents, empowering them to deliver exceptional service to their clients. We believe that this new property management module will help our agents to increase their productivity and efficiency by
Joe La Rosa, CEO of La Rosa, commented, “With each new version of My Agent Account, we’re continuing to build a proptech company, empowering our agents with the technology they need to provide exceptional service. Our goal is to transform the real estate experience for both agents and customers by driving innovation and enhancing efficiency.”
“Looking ahead, My Agent Account version 4.0 is set to launch in 2025, offering substantial improvements to transaction management integration and streamlined onboarding and e-signature processes. These advancements aim to further enhance the overall efficiency and service quality of La Rosa agents,” concluded Mr. Santos.
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, real estate brokerage education and coaching, and property management. The Company has 24 La Rosa Realty corporate real estate brokerage offices and branches located in Florida, California, Texas, Georgia, and Puerto Rico. The Company also has 13 La Rosa Realty franchised real estate brokerage offices and branches and two affiliated real estate brokerage offices in the United States and Puerto Rico.
For more information, please visit: https://www.larosaholdings.com.
Stay connected with La Rosa, sign up for news alerts here: larosaholdings.com/email-alerts.
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 June 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 new features does My Agent Account version 3.0 offer for LRHC agents?
How much is La Rosa Holdings (LRHC) expecting to improve agent productivity with the new platform update?
What growth has La Rosa Holdings (LRHC) seen in My Agent Account utilization?
When is La Rosa Holdings (LRHC) planning to release the next version of My Agent Account?
