La Rosa Holdings Corp. (NASDAQ: LRHC) has entered into an area development agreement with Yeimalis & Associates Financial Group that will result in company opening its first Texas-based office in Houston.
This will be 36th office among La Rosa Holdings’ network of real estate brokerage offices, which covers seven states and Puerto Rico. No date has been set for the office’s opening.
“We are excited to continue our national expansion with the upcoming launch of the first office in Texas,” said CEO Joe La Rosa. “We are planning to open our first office in Harris County, Texas, and to expand throughout the Houston market. We also have plans to open additional offices in most of the major markets throughout Texas in future. We believe our brokerage model is unique when compared to many of our competitors in the local market, which offers a 100% commission and revenue share plan.”
La Rosa added Texas offers “a robust and diversified economy, driven by sectors such as energy, technology, healthcare, and agriculture. Furthermore, Texas has vast amounts of undeveloped land, providing prime opportunities for real estate development. This can be particularly attractive for brokers involved in land transactions or those interested in participating in the development process. Additionally, Texas is often considered a business-friendly state due to its lower tax burden and fewer regulatory hurdles compared to some other states which can attract businesses, leading to increased demand for commercial real estate services. We look forward to introducing our brand and cutting-edge solutions to the great state of Texas.”