Company: LRHC
Filing Date: 2025-08-18
Form Type: 10-Q
Source: 0001213900-25-078012
Chunk: 59

Company: La Rosa Holdings Corp.
Filing Date: 2025-08-18
Form: 10-Q
Item: Item 1
Chunk 59
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, and title services. Our real estate brokerage business operates primarily under the trade
name La Rosa Realty. We have 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, that pay us fees in 7 states in the United States and Puerto Rico. We also have recently
opened LR Realty Spain, which is a full-service brokerage office located primarily in Malaga, Spain. Additionally, the Company has a
full-service escrow settlement and title company in Florida.

Our real estate brokerage offices, both corporate
and franchised, are staffed with 3,001 licensed real estate brokers and sales associates as of June 30, 2025.

Our franchised offices are currently:

    Name
     
    Location
  
    La Rosa Realty Bayamón LLC
     
    Bayamón, Puerto Rico
  
    La Rosa Realty Internacional, LLC 
     
    Celebration, Florida
  
    La Rosa Realty Central Florida, LLC 
     
    Davenport, Florida
  
    La Rosa Realty Jacksonville, LLC 
     
    Jacksonville, Florida
  
    La Rosa Realty Kendall, LLC 
     
    Miami, Florida
  
    The Realty Experience Powered By LRR LLC 
     
    St. Cloud, Florida

We have built our business by providing the home-buying
public with well-trained, knowledgeable realtors who have access to our proprietary and third-party in-house technology tools and quality
education and training, and valuable marketing that attracts some of the best local realtors who provide value-added services to our
home buyers and sellers that are attracted to our brands. We give our real estate brokers and sales agents who are seeking financial
independence a turnkey solution and support them in growing their brokerages while they fund their own businesses.

30

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. They
can then use these additional commissions to reinvest in their businesses or as take-home profit. We believe that this is a strong incentive
for them to compete against the discount, flat fee and internet brokerages that have sprung up in the past several years. Instead of
us taking a greater share of their income, our agents pay what we believe to be reduced rates for training and mentorship and our proprietary