Teles Named #1 Fastest Growing Real Estate Firm in California by Inc. Magazine

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1409337819BEVERLY HILLS, CA - Teles Properties is proud to share that it has been recognized for two consecutive years in Inc. Magazine’s prestigious Inc. 500/5000 list of the fastest growing private companies in America.

Teles Chairman and CEO, Peter Loewy commented, “I am proud to have been at the helm of such an extraordinary company helping to reshape the way the real estate industry operates. Our top notch agents have used the unparalleled Teles advantage to serve our clients and we are thankful to our agents, our staff, our clients, and our community for supporting our extraordinary growth and success.”

Our Scorecard:

• #1 Fastest Growing Real Estate Brokerage in California for two consecutive years • #62 among the entire real estate industry’s private companies • #1777 of all private companies in America • Highest Sales Price to List Price Ratio among our competitive peer group • Lowest Days on Market among our competitive peer group • Highest Per Agent Productivity among our competitive peer group • The most unique luxury footprint serving the high-end markets of central and southern California from Carmel in the north to Laguna Beach in the south, extending to the key markets of Colorado

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“Teles Properties was conceived and built on the idea that a higher level of service could be delivered consistently by hiring the most ethical and professional agents in the industry. Our careful and disciplined approach to recruiting has resulted in recruiting and retaining agents who achieve far better results for our clients compared to our competitors,” said Peter Hernandez, President & Broker of Record.

Teles Properties’ recent growth highlights:

• Expanded outside of California with its first out of state office in Boulder, Colorado • Expanded flagship office in Beverly Hills on Wilshire Boulevard • Launched two key offices in Venice and Playa del Rey to serve the high-end markets of Venice, Marina del Rey, Westchester, Playa Vista, Playa del Rey and extending into the South Bay markets of Manhattan Beach • Expanded up the coast with a key office in Montecito to serve the luxury markets of Santa Barbara • Launched the central California hub with an office in beautiful Carmel, to serve the high-end markets of Carmel, Monterey, Carmel Valley and to act as the gateway to our clients in Northern California • Expanded the Teles International Gateway Network to help clients reach international buyers, generating $212 million in direct sales through the program in 2013

“Our commitment and focus is to be the invisible force supporting our agents, who work tirelessly to serve our clients. We believe that, as a firm, if we continue to attract the most ethical and productive agents in our luxury marketplaces, and arm them with the necessary tools, it will help them to do wonders as real estate advisors for our clients. In addition, we are thankful to our staff and corporate partners who help us deliver technology and solutions that have been the backbone of our growth and success over the years,” commented Sharran Srivatsaa, President & Chief Operating Officer.