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La Rosa Realty LLC Enters in a Strategic Agreement with The Agency Dominican Republic Participating in IBIS Romana Bayahibe Project as a Co-Broker and Securing Exclusive Rights for IBIS sales in Puerto Rico
GlobeNewswire News Room· 2025-07-08 12:00
Core Insights - La Rosa Holdings Corp. has entered a strategic agreement with The Agency Dominican Republic to co-broker the IBIS Romana Bayahibe project in the Dominican Republic and secure exclusive sales rights in Puerto Rico [1][2][4] Group 1: Agreement Details - The agreement allows La Rosa Realty to market and sell units of the IBIS project, enhancing its presence in the luxury real estate market [1][2] - La Rosa will implement targeted sales strategies aimed at affluent buyers in Latin America and the Caribbean [2][4] - The company will serve as the exclusive sales agent for any sales of IBIS in Puerto Rico, positioning itself as a key player in cross-border real estate transactions [1][10] Group 2: Market Potential - Puerto Rico is identified as a high-potential market for affluent buyers seeking premium second homes and investment properties [4] - The agreement is expected to empower La Rosa's agents to capitalize on international opportunities, potentially increasing commission-based income [4][10] Group 3: Business Model and Operations - La Rosa Holdings Corp. operates 26 corporate-owned brokerage offices across various states and has recently expanded into Europe, starting with Spain [7] - The company offers flexible compensation options for agents, including a revenue-sharing model and a fee-based structure with 100% commission [5][6] - La Rosa's business model encompasses residential and commercial real estate brokerage services, technology-driven products, and support for agents and franchise partners [6]
eXp(EXPI) - 2025 Q1 - Earnings Call Presentation
2025-07-08 07:56
Financial Performance & Efficiency - eXp leads the industry in profitability and is the 1 largest-scale new entrant by transactions[23] - eXp's Q1'25 Adjusted EBITDA is 1 and growing[37] - eXp's revenue is $4,104 million, while operating expenses per transaction is $638[39] - eXp has allocated $198 million in revenue share to its agents in the last 12 months[49] - eXp's cumulative adjusted operating cash flow since 2017 is $1,036 million[87] - eXp's cumulative share repurchases and dividends since 2019 is $818 million[88] Growth & Market Expansion - New Entrants agents increased by 51,074, while Legacy Brokerages agents decreased by 18,272[31, 32] - eXp's international revenue growth in 2024 was 63% year-over-year[123] - North American Realty revenue was $923 million in Q1 2025, while International Realty revenue was $31.7 million, a 103% year-over-year increase[147] Agent Value Proposition - Approximately 41% of agents and brokers participate in the agent equity commission program[53]
eXp(EXPI) - 2022 Q1 - Earnings Call Presentation
2025-07-08 07:52
Company Overview - eXp World Holdings operates as a global cloud-based real estate brokerage and enterprise metaverse platform[5] - The company has a global network of over 80,000 agents as of April 20, 2022[9, 10] - eXp's revenues (TTM) are $42 billion as of March 31, 2022[11] Financial Performance - Q1 2022 revenue was over $427 million, with net income exceeding $4 million compared to 2021[9] - The company has consistent positive cash flow and no long-term debt[9] - Total Q1 2022 revenue reached $1 billion[16] Growth and Competitive Advantage - eXp Realty is ranked as the 1 growth leader across agent count, volume, and transactions[9, 10, 20] - The company experienced 55% year-over-year agent growth in Q1 2022[16] - eXp is capturing global market share with 314%+ year-over-year international agent growth[23] Agent Value Proposition - eXp offers a unique agent value proposition, including an attractive commission structure, revenue share, and equity[7] - Agents receive an 80/20 commission split with a $16,000 cap[27, 55] - The company provides equity awards for agents meeting production criteria[21, 27]
eXp(EXPI) - 2022 Q2 - Earnings Call Presentation
2025-07-08 07:51
Company Overview - eXp World Holdings operates a global cloud-based real estate brokerage and enterprise metaverse platform[5] - The company also has an ecosystem of personal development resources and media[6] - eXp's cloud-based model enables richer unit economics and broader geographical reach for agents[20] Financial Performance - eXp World Holdings' Q2 2022 revenue increased by 42% year-over-year[11] - The company's operating cash flow increased by 27% year-over-year[11] - As of June 30, 2022, eXp World Holdings had $134.9 million in cash and cash equivalents[13] - The company's total revenue for the trailing twelve months (TTM) ending Q2 2022 was $46132 million[16] Agent Growth and Global Expansion - eXp has over 83000 agents as of August 3, 2022[11] - Agent growth in Q2 2022 was 42% year-over-year[18] - eXp is expanding globally with 21 markets worldwide[11] - The company experienced 94% year-over-year international agent growth[25] Agent Value Proposition - eXp returns over 90% of commission to agents, inclusive of revenue share and equity[24] - Agents receive an 80/20 split on first $80000 gross commission income (GCI) with a $16000 yearly cap[30]
eXp(EXPI) - 2022 Q4 - Earnings Call Presentation
2025-07-08 07:46
Financial Performance - Full Year 2022 - eXp World Holdings reported revenue of $4.6 billion, a 22% year-over-year increase[18, 31] - eXp North American Realty contributed $4.55 billion in revenue, representing approximately 99% of eXp World Holdings' total revenue, also a 22% year-over-year increase[18, 31] - eXp International Realty's revenue grew by 102% year-over-year to $36 million[31] - Adjusted EBITDA for eXp World Holdings was positive, although it decreased by 22% year-over-year to $60.5 million[18, 32, 34] - The company's gross margin increased by 24% to $366.9 million[34, 35] Financial Performance - Q4 2022 - Q4 2022 revenue was $933 million, a 13% decrease compared to the previous year[37, 39] - Adjusted EBITDA for Q4 2022 was $3.6 million, a 73% decrease year-over-year[37, 39] - eXp North American Realty's Q4 revenue was $920.7 million, a 14% decrease year-over-year[37] Agent Network and Operational Metrics - The agent count increased by 21% year-over-year, reaching over 86,000 agents[18, 34, 35, 39, 40, 42] - The company's agent Net Promoter Score (aNPS) was 71 for the full year and 73 for Q4[22, 34, 39] - The number of units sold was 511,889 for the full year, a 15% increase year-over-year, but decreased by 13% to 109,168 units in Q4[34, 39]
La Rosa Holdings Corp. Launches New Transaction Management Module, Intended to Deliver Significant Cost Savings and Operational Efficiencies
Globenewswire· 2025-07-07 12:00
La Rosa operates 26 corporate-owned brokerage offices across Florida, California, Texas, Georgia, North Carolina, and Puerto Rico. La Rosa also recently started its expansion into Europe, beginning with engagement of the area developer in Spain. Additionally, the Company has six franchised offices and branches and three affiliated brokerage locations in the U.S. and Puerto Rico. The Company also operates a full-service escrow settlement and title company in Florida. Celebration, FL, July 07, 2025 (GLOBE NEW ...
房产中介说漏了嘴:二手房一旦超过这个年限,再便宜也尽量别买!
Sou Hu Cai Jing· 2025-07-07 10:30
Core Insights - The article emphasizes the hidden risks associated with purchasing second-hand homes, particularly those older than 25 years, which can lead to significant maintenance costs and difficulties in resale [1][3][19] Group 1: Risks of Older Properties - Properties over 25 years old often have outdated infrastructure, leading to high maintenance costs due to aging plumbing and electrical systems [5][7] - Reselling older homes can be problematic as banks may refuse loans for properties over 30 years old, resulting in lower appraisals and higher buyer reluctance [9][11] - The living conditions in older neighborhoods can be subpar, with issues such as high density, poor ventilation, and noise pollution affecting quality of life [13][15] Group 2: Market Dynamics - The article highlights that while older homes may appear cheaper, the long-term costs associated with repairs and potential depreciation can outweigh initial savings [17][19] - Buyers are advised to consider properties aged between 10-15 years, which may offer a better balance of price and livability compared to older options [19][21] - The importance of cautious purchasing is stressed, as impulsive decisions can lead to regrettable investments in the real estate market [21]
澳华人区房产$170万成交!华人中介Cosplay推广引关注
Sou Hu Cai Jing· 2025-07-06 14:53
Core Insights - A property in Glen Waverley, Melbourne, was sold for AUD 1.7 million, attributed to a unique marketing strategy involving real estate agents dressed as Spanish bullfighters [1][4] - The property had an initial auction price of AUD 1.65 million and attracted three registered bidders, ultimately purchased by a young couple [4][1] Marketing Strategy - The marketing campaign featured a video showcasing bullfighters overcoming bulls, inspired by the property's Spanish missionary architectural style [1] - This is not the first time the agents have employed creative marketing; previously, they used Hollywood actor Liam Neeson's voice for a property video, paying homage to the "Taken" movie series [5][7] - The agent emphasized that creative marketing strategies significantly impact attracting attention on social media, making properties memorable to potential buyers [7] Auction Dynamics - The auction on the weekend saw the agents in extravagant costumes, which helped ease the tension among bidders [10] - According to PropTrack, the preliminary clearance rate for the week was 70.7%, with over 670 properties expected to be auctioned statewide the following week [10]
La Rosa Holdings Corp. Announces Significant Milestone: Surpasses 3,000 Agents and Reports Preliminary Unaudited Revenue of $38.4 Million for the First Half of 2025, Achieving 19.4% Year-Over-Year Growth
Globenewswire· 2025-07-03 12:00
Core Insights - La Rosa Holdings Corp. has surpassed 3,000 real estate agents in its network, marking a significant milestone in its growth trajectory [1][2] - The company reported preliminary unaudited revenue of approximately $38.4 million for the first half of 2025, reflecting a year-over-year growth of about 19.4% compared to the same period in 2024 [1][2] Company Overview - La Rosa Holdings Corp. is a real estate and PropTech company that offers flexible compensation options for agents, including a revenue-sharing model and a fee-based structure with 100% commission [3] - The company aims to equip agents and franchisees with the necessary tools to deliver exceptional service through its proprietary technology platform [3] Business Model and Services - La Rosa provides both residential and commercial real estate brokerage services, along with technology-driven products and support for agents and franchise partners [4] - The business model encompasses internal services for agents and external offerings for the public, including real estate brokerage, franchising, education and coaching, and property management [4] Expansion and Operations - The company operates 26 corporate-owned brokerage offices across several states, including Florida, California, Texas, Georgia, North Carolina, and Puerto Rico [5] - La Rosa has initiated its expansion into Europe, starting with engagement of an area developer in Spain, and also has six franchised offices and branches in the U.S. and Puerto Rico [5]
eXp World Holdings Appoints Jesse Hill as CFO as Company Continues Next Phase of Growth
Globenewswire· 2025-07-02 16:00
Core Insights - eXp World Holdings, Inc. has appointed Jesse Hill as Chief Financial Officer, effective immediately, following his successful tenure as Interim CFO since April 2025 [1][2] - Hill's leadership has been pivotal in the company's international expansion, with the International Realty segment entering eight new markets and nearly quintupling revenue [3] - The company emphasizes its agent-centric business model and aims for long-term financial strength and value creation for agents, employees, and shareholders under Hill's leadership [4] Company Overview - eXp World Holdings, Inc. is the holding company for eXp Realty® and SUCCESS® Enterprises, with eXp Realty being the largest independent real estate brokerage globally, boasting over 81,000 agents across 27 countries [5] - The company operates as a cloud-based, agent-centric brokerage, offering industry-leading commission splits, revenue share, and equity ownership opportunities [5] - SUCCESS® Enterprises, part of the eXp ecosystem, provides agents with resources for personal and professional development [6]