Popular New York apartment broker Ilan Bracha and his five-person team are joining the Corcoran Group.
The residential real estate brokerage announced this morning that Bracha, long considered one of the top brokers in the luxury market, has joined the firm with senior agents Sarah Son, Natalie Baghdadi and Tatyana Salvatore and their management team that includes Nicholas Ritacco and Elizabeth Cho.
All will be affiliated with Corcoran’s East Side office and will bring over $100 million in inventory to Corcoran.
With over 20 years of real estate experience, Bracha was the founder of IB Global and the Bracha Group which clocked up $50 million in sales in its first quarter. Prior to that, he notably co-founded two award-winning Keller Williams franchises and the Manhattan region that grew to be a top firm in the city with 800 agents across both offices. He launched his real estate career in 2004 with Douglas Elliman.
Israeli-born, Bracha served as a Commander in the Israeli army, and at the age of 21 with little to his name, decided to venture to NYC for a fresh start. Over 20 years later, his colleagues credit his success to his entrepreneurial prowess and leadership skills.
Bracha has done nearly $10 billion in lifetime sales volume and has a network of clients spread throughout the globe. With relationships across the real estate industry, he has previously been recognized by the Wall Street Journal and Real Trends as the #1 broker in New York City and the #2 broker in the United States. Formerly on the Board of Directors for the Real Estate Board of New York, Bracha has also served as an adviser for select proptech startups.
“We are thrilled to welcome Ilan and his team to Corcoran,” said president and CEO Pam Liebman. “He has an incredible track record across all sides of the business and is a highly respected real estate expert with an innovative approach to this very dynamic market. I am confident that he will take his team to the next level with the resources and power of the Corcoran brand behind them.”
Bracha remarked on his move, “I am proud of the team having already closed $50 million-plus during the first quarter, all on our own, and I know that our move to Corcoran will take us to the next level.
“I was in search of a strong community that would allow us to best serve our clients. Corcoran is a perfect fit. I remain tremendously grateful for my time at Elliman and Keller Williams and I am excited to be back to my roots, doing what I do best – matching buyers with sellers. Like my team, Corcoran is synonymous with luxury and we’re betting on the number one brand in New York.”