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Chadad and Balalo, Top Nestseekers Agents Join The Bracha Group


News provided by

The Bracha Group

Jul 21, 2010, 08:39 ET

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NEW YORK, July 21 /PRNewswire/ -- Ilan Bracha, President of The Bracha Group, a luxury residential branch of Prudential Douglas Elliman, announced today that Alon Chadad and Moshe Balalo have joined The Bracha Group.

"I am very excited that Alon and Moshe have joined The Bracha Group," said Ilan Bracha.  "They are two of the hardest working agents out there and they have a great reputation in the industry. They are truly a great addition to my team."

Alon and Moshe were the top producing agents at Nestseekers International for the past 3 years consecutively and were named in the list of top 50 agents in The Real Deal.  In 2009 alone, they closed over $50,000,000 in sales.  Over the past two years, they began to focus heavily on the luxury market which allowed them to close deals well over $5,000,000.  Their most recent sale was a $8,400,000 transaction at the renowned Bloomberg Building located at 151 East 58th Street. 

"After spending 4 great years in Nestseekers we got to a point that we were looking to further grow our business. Joining The Bracha Group, the top team in the city's biggest brokerage, Prudential Douglas Elliman was a natural step forward" said Moshe Balalo. "I have known Ilan for many years and have always respected his professionalism and I admire his ability to continue to grow his business year after year," Alon Chadad added.

Chadad and Balalo will both join the team with the title of Senior Vice President of The Bracha Group.  They will focus on the luxury market where Bracha states, "We have a lot of inventory in the high seven figures and these guys would be the perfect agents to handle such product."

The Bracha Group was named the number one team in Prudential Douglas Elliman for the year 2009 and The Wall Street Journal, lore Magazine and REAL Trends recently named The Bracha Group as one of the top 50 real estate teams in the country by sales volume. Experienced with over 500 transactions a year, Ilan and his team provide the full scope of residential brokerage and marketing services to both renowned and first-time developers as well as individual buyers and sellers. Mr. Bracha and his team provide personal attention and customized sales plans for their clients by helping them step by step through each transaction; they go the extra mile to make customers feel at ease and will always find time to give advice or answer any question the client may have. This includes highly specialized soup-to-nuts consulting in the areas of financing, construction design, sales and marketing. 

SOURCE The Bracha Group

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