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 its European expansion
initiative with the engagement of Joaquín Nuevo Alarcón as Area
Developer for Spain, effective as of March 1, 2025. This move marks
La Rosa’s first step in international expansion beyond the United
States and Puerto Rico and in a broader European strategy designed
to bring its disruptive, agent-first business model to the global
real estate market.
As part of its long-term growth strategy, La
Rosa is focused on establishing a strong presence in Spain while
laying the groundwork for further expansion into additional
high-growth real estate markets across Europe. The Company plans to
introduce franchise opportunities, brokerage offices, and
technology-driven services to scale its operations
internationally.
Joaquín Nuevo Alarcón, a seasoned real estate
professional with decades of experience in the Spanish market,
previously led a 500-agent team as a director at eXp Realty in
Spain. The Company believes that his expertise in real estate
development, brokerage, and investment strategies makes him ideally
suited to introduce La Rosa’s agent-first business model to Spain.
As Area Developer, Alarcón will develop, expand, and manage real
estate operations of La Rosa in Spain, leveraging La Rosa’s
proprietary technology platform, flexible commission structures,
and commitment to agent success.
Joe La Rosa, CEO of La Rosa Holdings Corp.
commented, “Spain is just the beginning, our upcoming expansion
into Europe is a strategic move to bring our innovative real estate
model to international markets, offering agents and franchisees the
same level of empowerment and financial opportunity that has fueled
our success in the U.S. and Puerto Rico. With Joaquín’s leadership,
we expect that Spain will become a launchpad for continued
expansion as we establish La Rosa as a premier global real estate
brand.”
Joaquín Nuevo Alarcón, added, “The Spanish real
estate market is evolving, and there is a growing demand for
innovative brokerage models that offer agents greater financial
control and career growth. I am thrilled to lead La Rosa’s
expansion into Spain and bring this innovative platform to real
estate professionals looking for a smarter, more rewarding way to
grow their careers."
“We believe that entering into Spain will be a pivotal step in
our strategy to scale globally. International growth not only
unlocks new revenue streams but also strengthens our brand’s
presence in high-growth markets. By establishing brokerage offices,
franchise opportunities, and technology-driven services, we are
positioning La Rosa for sustained expansion, increased transaction
volume, and long-term value creation for our stockholders. Spain is
just the beginning as we look to extend our footprint across Europe
and beyond,” concluded Mr. La Rosa.
La Rosa’s scalable, agent-first brokerage model
is designed to maximize agent earnings while providing top-tier
support. Agents can choose between a revenue share program that
generates income beyond commissions, a 100% commission structure
with a low annual fee for financial control, and ancillary service
and technology-based revenue streams that enhance overall
profitability. This agent-first approach, combined with La Rosa’s
technology and proprietary transaction management platform,
empowers real estate agents to potentially maximize their earnings
while delivering seamless transactions for buyers and sellers.
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
100% agent commissions. Leveraging its proprietary technology
platform, La Rosa empowers agents and franchisees to deliver
top-tier service to their clients. The Company provides both
residential and commercial real estate brokerage services and
offers technology-based products and services to its sales agents
and franchise agents.
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 26 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 6 La Rosa Realty franchised real estate brokerage
offices and branches and 3 affiliated real estate brokerage offices
in the United States and Puerto Rico. Additionally, the
Company has a full-service escrow settlement and title company in
Florida.
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 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, LLCDavid Waldman/Natalya RudmanTel: (212) 671-1020
Email: LRHC@crescendo-ir.com
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