Company: LRHC
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001213900-25-032211
Chunk: 23

Company: La Rosa Holdings Corp.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1
Chunk 23
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 up 5.1% from January and 17% from one year ago (1.06 million). There was a 3.5-month
unsold inventory supply in February 2025, identical to January but up from 3.0 months in February 2024. The median existing-home sales
price increased to $398,400, an increase of 3.8% from February 2024 ($383,800). Properties typically remained on the market 42 days
in February 2025, up from 41 days in January and 38 days in February 2024. 

Realtors continue to be an
integral part of the home buying process. According to NAR:5

    ●
    88% of buyers recently purchased their home through a real estate agent
or broker, 5% purchased their home directly from a builder or builder’s agent, and 5% purchased directly from the previous owner;

    ●
    having an agent to help them find the right home was what buyers wanted most when choosing an agent at 49%;

    ●
    most buyers interviewed only one real estate agent during their home
search, with 77% of repeat buyers;

    ●
    88% of buyers would use their agent again or recommend their agent
to others, and nearly 66% of sellers recommended their agent at least once since selling their home.

    ●
    40% of buyers used an agent that was referred to them by a friend, neighbor, or relative and 21% used an agent that they had worked with in the past to buy or sell a home.

On July 7, 2024, the NAR has noted on its website:6

    ●
    There are more than 360,000 residential real estate brokerage firms
and over an estimated 1.5 million active real estate licensees operating in the United States;

    ●
    88% of all realtors are independent contractors; 5% are employees and 8% are “other;”

    5
    https://www.nar.realtor/sites/default/files/2024-11/2024-profile-of-home-buyers-and-sellers-highlights-11-04-2024_2.pdf

    6
    https://www.nar.realtor/research-and-statistics/quick-real-estate-statistics

13

    ●
    The median tenure for realtors with their current firm was