Get started

Estate

La Rosa Acquires Second Real Estate Brokerage Franchise La Rosa Acquires Second Real Estate Brokerage Franchisee with Audited Revenue of $10.8 Million and Positive Net Income in 2022. Kissimmee generated revenue of $10.8 million and had positive net income in 2022. The franchisee provides residential and commercial real estate brokerage services. It also provides coaching and support services to agents on a fee basis. Joe La Rosa, CEO of the Company, commented, “We are executing on our planned roll-up strategy of acquiring profitable franchisees. We believe that this acquisition when combined with the previous acquisition of La Rosa Realty Lake Nona, Inc., will double our top-line revenue. We have several other acquisitions in the pipeline, and we expect both our top-line and bottom-line revenue to improve considerably as our current infrastructure is set up to support five times our current agent count. We believe our brokerage model is unique when compared to many of our competitors in our local market. It is agent centric with 100% commission and it also provides real estate brokers and sales agents who are seeking financial independence with a turnkey solution and support in growing their brokerages while they fund their own businesses. This enables us to maintain a low fixed-cost business model with several recurring revenue streams, yielding relatively high margins and cash flow. We also offer proprietary technology, training, and support to our agents at a minimal cost to them which we believe is one of the best packages offered in the industry.”
NASDAQ:LRHCLong
by DEXWireNews
4
La Rosa Acquires Real Estate Brokerage FranchiseLa Rosa Acquires Real Estate Brokerage Franchisee with Audited Revenue in Excess of $9.8 Million and Positive Net Income in 2022. Celebration, FL, Oct. 16, 2023 (GLOBE NEWSWIRE) -- La Rosa Holdings Corp. (NASDAQ: LRHC) (“La Rosa” or the “Company”), a holding company for five agent-centric, technology-integrated, cloud-based, multi-service real estate companies, today announced that it has acquired a controlling interest in the Company’s franchisee - La Rosa Realty Lake Nona, Inc. (“Lake Nona”) located in Orlando, Florida. GlobeNewswire La Rosa Acquires Real Estate Brokerage Franchisee with Audited Revenue in Excess of $9.8 Million and Positive Net Income in 2022 La Rosa Holdings Corp. Mon, October 16, 2023, 2:00 PM GMT+1·4 min read In this article: LRHC -8.67% Performance Outlookyahoo plus badge 2W-6W 6W-9M 9M+ La Rosa Holdings Corp. La Rosa Holdings Corp. Company Begins to Execute on its Planned Roll-Up Strategy Celebration, FL, Oct. 16, 2023 (GLOBE NEWSWIRE) -- La Rosa Holdings Corp. (NASDAQ: LRHC) (“La Rosa” or the “Company”), a holding company for five agent-centric, technology-integrated, cloud-based, multi-service real estate companies, today announced that it has acquired a controlling interest in the Company’s franchisee - La Rosa Realty Lake Nona, Inc. (“Lake Nona”) located in Orlando, Florida. ADVERTISEMENT Lake Nona generated revenue in excess of $9.8 million and positive net income in 2022. The franchisee provides residential and commercial real estate brokerage services. It also provides coaching and support services to agents on a fee basis. “We are excited to welcome the franchisee into the corporate organization,” said Joe La Rosa, CEO of La Rosa Holdings Corp. “We believe that not only does this acquisition expand our footprint in Florida, but it will also increase our top line revenue. With future planned franchisee acquisitions, we expect both our top line and bottom line to improve considerably as our current infrastructure is set up to support five times our current agent count. We have a brokerage model which is agent centric with 100% commission. In our view, our agent-centric commission model enables our sales agents to obtain higher net commissions than they would otherwise receive from many of our competitors in our local markets. We provide our real estate brokers and sales agents who are seeking financial independence with a turnkey solution and support them in growing their brokerages while they fund their own businesses. This enables us to maintain a low fixed-cost business model with several recurring revenue streams, yielding relatively high margins and cash flow. Moreover, we believe that our proprietary technology, training, and the support that we provide to our agents at a minimal cost to them is one of the best offered in the industry. Our strategy is to drive exponential growth to capitalize on the changing agency model trends occurring in the industry.” La Rosa is a holding company for five agent-centric, technology-integrated, cloud-based, multi-service real estate companies. In addition to providing person-to-person residential and commercial real estate brokerage services to the public, the Company cross-sells ancillary technology-based products and services primarily to its sales agents and the sales agents associated with their franchisees. La Rosa’s business is organized based on the services they provide internally to their agents and to the public, which are residential and commercial real estate brokerage, franchising, real estate brokerage education and coaching, and property management. La Rosa has six La Rosa Realty corporate real estate brokerage offices located in Florida, 27 La Rosa Realty franchised real estate brokerage offices in six states in the United States and Puerto Rico. The Company’s real estate brokerage offices, both corporate and franchised, are staffed with more than 2,380 licensed real estate brokers and sales associates.
NASDAQ:LRHCLong
by DEXWireNews
La Rosa Announces Closing of Initial Public OfferingLa Rosa Holdings Corp. (NASDAQ: LRHC) (“La Rosa” or the “Company”), a holding company for five agent-centric, technology-integrated, cloud-based, multi-service real estate companies, today announced the closing of its underwritten initial public offering of 1,000,000 shares of common stock at an initial public offering price of $5.00 per share. The gross proceeds from the offering, before underwriting discounts and commissions and estimated offering expenses payable by the Company, are expected to be $5,000,000. In addition, the Company has granted the underwriters a 45-day option to purchase up to 150,000 additional shares of common stock at the initial public offering price, less the underwriting discount, to cover over-allotments, if any. The shares began trading on The Nasdaq Capital Market on October 10, 2023 under the ticker symbol "LRHC." The Company intends to use the net proceeds of the initial public offering for general corporate purposes, which may include financing growth by acquiring more agents at a faster pace, repayment of debt, developing new services, acquisitions of controlling interest in a number of the Company’s franchisees, the acquisition of other independent real estate brokerages, title insurance agencies, mortgage brokerages and other complementary businesses, general operating expenses and the purchase and acquisition of proprietary technology.
NASDAQ:LRHCShort
by DEXWireNews
SAVILLS UK HOUSING MARKET IS MAKING A MASSIVE RISING WEDGEHello Traders, Big rising wedge formation on Savills here with price on the top trend line of the wedge in overbought conditions with bear div on the RSI, it looks like a throw over. Is the UK housing market in a bubble or will the price break the top of the wedge into uncharted territory? Notice the bounce on the 24 year long trendline, I thought that was interesting anyway. Im bearish here based on the chart, but also realise price could break above the wedge. What are your thoughts?
LSE:SVS
by WickHunter
1
PLD (Prologis) - Bearish Double Top Before Earnings - DailyPLD (Prologis) stock price has double-topped below $169 resistance on the daily chart. A bearish pullback is possible, if support levels are broken to the downside over time. PLD (Prologis) reports earnings on 04/19/2022. Utilize stop loss, position sizing, risk management. Entry (short): $165.33 Profit Target +7% (exit): $153.74 Stop Loss -3.5% (exit): $171.15 Note: XLRE real estate ETF has also begun to pullback on a daily chart. All content is Not financial advice. Trade at your own risk.
NYSE:PLDShort
by NoFomoCharts
REITs looking bearish across the sector. H&S setups galoreFirst noticed this when I was scouting $ABR as a potential candidate for puts. I was looking for H&S setups, and liked the look of it. If you look at $ABR chart (daily or weekly) I imagine you'll see what I mean. Looks like we're peeling off the 20MA on the 1D to the downside. (Earnings are tomorrow, as a heads up) But yes, this led me to look at other names in the sector to try and add to my overall conviction. And I found that while some have already made their move to the downside - I also found a bunch of tickers that seem like they're on the cusp of breaking down Apart from $ABR the other names I'm looking at for moves toward downside in the sector are $O and $UDR . $O especially. In terms of more of a 'macro' view this year I think with increasing interest rates, inflation through the roof etc. I think real estate sector is going to feel some notable pain this year. But of course, theories only mean so much, let's just focus on the chart setups as/when they come. For now, the sector looks bearish The options I'm personally trading currently are: $ABR Mar 18th '22 $17.5p (cost basis 2.51) and $O Mar 18th '22 $67.5p (cost basis 2.05) Posting this moreso to draw attention to the sector in general, rather than my exact personal plays necessarily. Hence using $SCHH as the image for this 'idea' so people can see the sector overall. Note the rejection/inability to breach the 20MA on the weekly. I think this thing could sag and fold over. Hope this is helpful to some! And as always, please let me know your thoughts/comments if you have any! I'm always open to new ideas, viewpoints and constructive criticism etc.
AMEX:SCHHShort
by llbtrader5
1
$COR: A CORE Position For A Deflationary Environment?Real Estate has seen some specific winners starting to emerge, however, as the Fed soon begins the tightening process, is it possible we still see more in the tank for IYR (REIT ETF) as the Dollar continues it's rally? Keep in mind, a rate hike currently isn't priced in until July of 2022 and the inflationary pressures have been strong but with some patience on the REIT investor's part. I do believe the company could be primed to make an early run before a defensive cycle emerges. I'll scale in and manage risk based on price / sentiment toward the defensive names as a whole.
NYSE:CORLong
by Fox_Technicals
Evergrande: A DiscussionConcerns Investors May Have: China is said to contain more of the world's real estate assets than any other country. Therefore one concern is the potential impact a possible default may cause to international property markets. Consumer confidence in real estate investments could reduce and perhaps lower property demand, potentially reducing real estate prices. Should this occur to a great extent, pre-existing property loans could outvalue the revaluation of the real estate asset. This potential major contrast between loans outvaluing the associated properties could collapse some banks internationally. A possible mass sell-off of property globally by investors and banks could burst the property bubble. Another concern is investors could forfeit involvement in companies offering similar services. There ore other confounding factors involving the current pandemic, employment, inflation and among others. Thank you for reading. Please share your thoughts. Do you believe this company could be bailed-out or would other companies in a similar position expect similar treatment? ---- Disclaimer: This does not constitute any form of advice including legal, financial or investment advice and should not be construed or relied on as such. Always seek advice from a qualified and registered legal practitioner or financial or investment adviser. Information presented is for entertainment purposes only.
HKEX:3333
by calculations
EverGrande Real-estate situation in China = Black Swan Event?Will the EverGrande Real-estate situation in China be the catalyst that pops our real estate bubble and slow down our homebuilder industry? This was last year, when they listed their stock to the HK market and scammed retail money. Now they are out of cash again, and their bonds are worth less than 30% on the dollar. If this thing collapse, it could be China's version of the Lehman Collapse. " The world’s most indebted developer has warned Chinese officials it faces a potential default that could roil the nation’s $50 trillion financial system unless regulators approve the company’s long-delayed stock exchange listing. Shares and bonds fell in volatile trading. China Evergrande Group mapped out the scenario in an Aug. 24 letter to the Guangdong government seen by Bloomberg, in which the company sought support for a restructuring proposal needed to secure the listing and avert a cash crunch. Some of Evergrande’s biggest strategic investors have the right to demand their money back if the company fails to win approval for a backdoor listing on the Shenzhen stock exchange by Jan. 31. If investors refuse to extend the deadline, Evergrande will need to repay as much as 130 billion yuan ($19 billion), equivalent to 92% of its cash and cash equivalents."
AMEX:XHB
by WallSt007
The Future of Real EstateThe future of real estate (RE) is without a doubt online. As an agent in various cities across Texas (Houston + Bryan + College-Station), I have had real-world experience with how these factors affect the whole supply chain of RE. I believe that almost every aspect of RE is in the crosshairs of drastic change. I will break it down into several categories and a corresponding public company with ventures in the sub-sector. Real Estate Tours - It is obvious why this practice was revolutionized during the COVID-19 pandemic. However, I believe that this trend will be one that sticks with us for the rest of time. The savings created in terms of time, travel, and other resources provides an immediate economic surplus. This is particularly true if you are moving from another state or country. Additionally, the universality of smartphones allows you to tour pretty much any property from the luxury of essentials anywhere. STOCK: $RDFN - Redfin Corporation Digital Document Signing - This should be the 8th wonder of the world. The ability to sign from anywhere is a luxury that the human race desperately needed. It enhances accessibility, speed of transaction, and paper reduction. Which all happen to be good for the environment. It’s a yes from me, dawg! STOCK: $DOCU DocuSign Inc. Photography/Staging - One of the newest development in RE is immersive virtual tours and virtual staging. Check one I made here (Use incognito Browser). Both are huge developments with serious cost savings and arguably better results. Virtual tours are perfect examples of ‘a picture is worth 1000 words’. Staging is a huge development because it takes the hassle and money out of physically moving furniture, decor, etc into AND out of an unoccupied home. A huge benefit for all parties. STOCK: $MTTR - Matterport House Pricing - Pricing a home is one of the hardest things for a realtor. There are a lot of variables that you must take into account and the margin of error can be quite significant. So, why not use technology which is infinitely better at math than the greatest mathematician? Pricing mechanisms like Zillow’s Zestimate use AI and variables about a home to instantly price any property. STOCK: $Z - Zillow Group Inc. Wholesaling - One of the most profitable industries in RE is wholesaling. What is wholesaling? Just like any wholesaler, they buy products at a discount and then sell them at a larger markup. Think Walmart or Amazon but for all kinds of RE. These entities find distressed or unwanted properties and find a corresponding buyer for a premium. Economically speaking, anytime you take out the middleman more profit is shared between the counterparties, the same applies in this scenario. STOCK: $OPEN - Open Door Technologies Property Management - Property management is exactly what it sounds like, boring right? The management of property whether that property is a 1-bed house or a 1000-unit apartment property management companies manage these properties. They are in charge of getting the property leased, performing maintenance, settling customer services disputes, and everything in between. Yet, for the most part, property managers are antiquated and use little technology. With AI and automation, we are on the verge of a management revolution. STOCK: I am unaware of a good company in the space. Any suggestions? In summation, each of the categories is distinct in its own way and each of these categories is vital for the RE complex as a whole. As the industry continues to evolve these processes will still be required in the business. The manner in which the business is conducted, however, is positioned to be disrupted in a massive way. We are in a RE renaissance.
NASDAQ:Z
by howdydany