La Rosa Holdings Integrates Bitcoin Payments for Property Agents
La Rosa Holdings now offers Bitcoin payments for real estate agents across the U.S
Highlights:
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La Rosa Holdings allows over 3,000 agents to receive Bitcoin payments for commissions.
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Agents can choose between 100% commission or revenue share models with digital payment options.
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La Rosa Holdings embraces cryptocurrency amid growing demand for alternative payment methods.
La Rosa Holdings is making a bold move by allowing real estate agents to receive Bitcoin payments. The Nasdaq-listed firm will offer over 3,000 agents across the U.S. the option to get commissions in cryptocurrency. This decision comes as demand for alternative payment methods continues to grow.
A New Payment Option for Real Estate Agents
La Rosa Holdings’ platform, La Rosa Realty, will now offer agents a choice between traditional payments or cryptocurrency. Agents can choose a 100% commission plan or a revenue-sharing model.
With this change, agents gain more flexibility and can choose how they receive payments. The firm’s CEO, Joe La Rosa, sees this as a potential new revenue stream for the company. A 2% fee will apply to agents who select Bitcoin payments.
The company has already experienced strong financial growth, with a 155% year-over-year increase in revenue for the first nine months of 2024. With $51.7 million in earnings, La Rosa Holdings is expanding its reach.
Cryptocurrency Gains Ground in Business
The move to integrate Bitcoin payments aligns with the growing trend of cryptocurrency adoption. Major companies like PayPal, Microsoft, and Starbucks have already embraced digital currencies.
This shift toward cryptocurrency payments is also reflected in how companies are diversifying their balance sheets. For example, MicroStrategy and Quantum BioPharma have made significant Bitcoin purchases.
As more companies turn to Bitcoin payments, La Rosa Holdings’ decision to offer cryptocurrency to its agents marks a pivotal step forward. This change not only benefits agents but also places the company at the forefront of digital payment trends in real estate.
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