Since first premiering back in 2006, Million Dollar Listing Los Angeles has been a huge hit for Bravo. Over the course of 13 seasons, the reality show has followed the trials and tribulations of high-profile realtors selling luxe properties in some of LA’s most affluent areas, including Hollywood, Beverly Hills, and Malibu. The show’s popularity even resulted in multiple spin-off series based in New York, Miami, and San Francisco. Show The real estate agents on the show are quite wealthy themselves and you might be surprised to learn just how much they make. From Josh Altman and Josh Flagg’s net worth to Tracy Tutor and David Parnes’ net worth, here’s a wealth ranking of the show’s cast members. 8. James Harris: $6 Million With an estimated net worth of $6 million, James Harris has been on Million Dollar Listing Los Angeles since the show’s seventh season. Alongside partner and fellow cast member David Parnes, the London-born realtor specializes in residential real estate and investment properties in well-heeled areas such as Bel Air, Beverly Hills, Malibu, and the Pacific Palisades. According to Bravo, Harris and Parnes have made more than $2 billion in sales since 2017. They have a huge roster of high-profile clients that include celebrities, agents, business managers, producers, and Fortune 500 leaders. 7. David Parnes: $6 MillionDavid Parnes has also been on Million Dollar Listing Los Angeles since the show’s seventh season. He’s estimated to be worth a cool $6 million like his partner, James Harris. Born and raised in London, Parnes has been a Los Angeles resident since 2009. Together with Harris, he’s been responsible for many impressive, record-setting real estate deals, including the $120 million dollar sale of a luxe Holmby Hills property known as “The Manor.” It’s currently ranked as the fourth-highest sale in Los Angeles County and the sixth-highest sale in U.S. history. 6. Chad Rogers: $10 MillionChad Rogers appeared in the first three seasons of Million Dollar Listing Los Angeles. A native of Malibu, he’s been a top-selling realtor for more than two decades and has an estimated net worth of $10 million. According to his website, he’s broken numerous real estate records and has sold over $600 million in properties over the course of his career. As one of the top agents at the prestigious brokerage firm Hilton & Hyland, Rogers says his time on Million Dollar Listing helped him refine his persona as a celebrity realtor. 5. Tracy Tutor: $20 MillionA cast member since season 10 (and the first female cast member on Million Dollar Listing Los Angeles), Tracy Tutor’s net worth is estimated to be about $20 million. She’s been in the luxury real estate business for more than 20 years and is the daughter of Ronald Tutor, one of the country’s most successful building contractors. According to Bravo, her properties have had price tags ranging from $4 million to $26.5 million. Tutor says one of her biggest strengths as a real estate agent is her ability to communicate effectively. “The best communicators tailor the way they speak to what their listener needs,” she explained in a 2022 interview. “For instance, if someone is easily distracted, I meet with them in a place where distractions can be eliminated. It’s about reading the room, focusing in on the other person, and making adjustments so that what you want to share can actually sink in.” 4. Madison Hildebrand: $25 MillionMadison Hildebrand has an estimated net worth of $25 million. With more than half a billion dollars in real estate sales, the 41-year-old mogul is one of the most sought-after agents in the Los Angeles luxury real estate business. In addition to being President and Founder of The Malibu Life and Founding Partner of Partners Trust Malibu, Hildebrand is also an acclaimed public speaker. After appearing on Million Dollar Listing Los Angeles for its first 10 seasons, he decided to leave the reality show in 2019. “After a decade of adventure and one of the most unique experiences of my life, I have decided not to continue Million Dollar Listing Los Angeles,” he explained in an Instagram post. “I am so grateful to have had this opportunity but the time has come for me to re-energize, rejuvenate, and refocus my attention and light onto new endeavors. As an original cast member, I feel so lucky to be a part of the show that sparked the Million Dollar Listing franchise.” 3. Josh Altman: $30 MillionWith an impressive estimated net worth of $30 million, Josh Altman has been a Million Dollar Listing Los Angeles cast member since season 4. Over the course of his career, he’s sold more than $5 billion in real estate properties, including a whopping $1.2 billion in residential sales in 2021 alone. Along with his brother Matt Altman, he runs The Altman Brothers real estate firm, which represents some of the country’s wealthiest athletes, entertainers, and businessmen. Altman attributes his success to his willingness to continuously improve his skills and step up his game. “You have to be ready to identify opportunities, you have to have the confidence to make quick decisions and fire when those opportunities arise, and you have to learn from your mistakes and aim for better results in the future,” Altman told 33voices. “You can be a success, but only if you train yourself to constantly be creating your own opportunities.” 2. Fredrik Eklund: $30 MillionAfter appearing on Million Dollar Listing New York for nine seasons, Fredrik Eklund popped up on MDLLA as a guest during season 12 and a full cast member during season 13. A native of Stockholm, Sweden, he’s estimated to be worth $30 million and is responsible for creating some of New York City’s most impressive luxury high-rises. According to Bravo, he’s made more than $15 billion in residential sales and has represented celebrities such as Gigi Hadid, John Legend and Chrissy Teigen, Sarah Jessica Parker and Matthew Broderick, Daniel Craig, and Jennifer Lopez. Unfortunately for his fans, Eklund has decided not to return to the MDL franchise. “After an amazing 11 years, I’ve decided it’s time for the next chapter in my life,” he said in a 2022 Instagram post. “It’s an end of an era and a new start for me…I mean what an incredible run we had together.” 1. Josh Flagg: $35 MillionJosh Flagg has been a Million Dollar Listing Los Angeles cast member since season 2. Considered one of the most successful luxury real estate agents in California, the 36-year-old agent’s net worth is estimated to be approximately $35 million. Over the past decade, he’s been responsible for more than $2 billion in residential sales and has a client roster that includes A-list celebrities, notable builders and developers, business managers, and attorneys. In 2021, Flagg decided to leave the firm he’d been with for 10 years, Rodeo Realty, to join rival company Douglas Elliman. While it hasn’t affected the dynamics of the show, Flagg says the move has enabled him to branch out and expand his team of agents. “Sometimes you need to shake things up,” he told People magazine in a 2021 interview. “I want to take the team from 20 to 40. I want to bring on a ton more buyer’s agents. It’s always just been kind of, you know, the Josh show. And as the business grows, I’d like to bring on agents that are hardworking and most importantly know their stuff.” … You need to be 24/7 — it’s a lifestyle job. You work on your client’s time, and if that means your client wants to get dinner at 10 PM to talk about a deal, you need to go. If your client wants to go to the gym at 6 AM to talk about a deal, you need to go. I always find that if I go on vacation, I lose more money than if I just stay at home. a part of my series about the ‘Five Things You Need To Know To Succeed In The Real Estate Industry’, I had the pleasure of interviewing Josh Altman. Josh is recognized as one of the most dynamic, high-performing agents in the luxury home real estate market. He is constantly shattering records across the globe and ranks in the top 1% of real estate agents throughout the world. In 2021 alone, Josh Altman broke records and sold over $1.45 Billion in residential real estate, making The Altman Brothers the #1 team on The West Coast. Thank you so much for doing this with us! Can you tell us the “backstory” about what brought you to the Real Estate industry? was working in a mail room in the entertainment business while my brother, Matt, was working as a talent agent. We put our money together to buy and flip a house. In 90 days, we made about $200,000 profit, which was more than our annual income combined at that time. Since then, we fell in love with real estate. I owned a mortgage company until Matt, and I decided to become full-time real estate agents in 2008. Can you share with our readers the most interesting or amusing story that occurred to you in your career so far? Can you share the lesson or takeaway you took out of that story? When Gene Simmons called the office. Our employee who answered the phone didn’t know who he was and didn’t save his phone number. He had told her that he would call back eventually. We were on edge waiting and finally two weeks later, he called back and gave us the listing. We sold his property, representing both the buyer and seller. That listing was huge for us and made The Altman Brothers achieve a $1 billion sales mark in 2021. The moral of the story is to always get someone’s number before hanging up the phone. Do you have a favorite “life lesson quote”? Can you share a story or example of how that was relevant to you in your life? Ready. Fire. Aim. This is the motto we live by in our office. It represents being able to recognize an opportunity when it is in front of you, capitalize on that opportunity, and if you miss, that’s okay! You can always take another shot, but if you don’t take the initial shot, you will never have the opportunity again. So, it is ready, fire, aim instead of ready, aim, fire. Are you working on any exciting new projects now? How do you think that will help people? Our most exciting project is the opening of the Altman brother’s Newport Beach office. We just secured the space after a two-year search. We are very excited to build it out and have a new Altman Brothers’ home in Orange County to help us sell Newport, Laguna, and the surrounding areas. What do you think makes your company stand out? Can you share a story? We are the hardest-working agents in the business. We are a family business; my brother and I are partners, and my wife is the CEO. Every one of our agents and staff is family. We like to keep it like that. We might be a small group, but we are the heaviest hitters in real estate. We were the number one team in the west coast in 2021, selling $4.1 million of real estate a day for a total of $1.464 billion. None of us are able to achieve success without some help along the way. Is there a particular person who you are grateful towards who helped get you to where you are? Can you share a story about that? There are many mentors that Matt and I have in our life. We are surrounded by people in our careers who spend more money on houses than people ever dream of. We get to rub shoulders and pick the brains of very successful industry leaders throughout the world. We learn something new from every one of our clients. I would say our clients in general are our mentors. Ok. Thank you for all that. Let’s now jump to the main core of our interview. Can you share 3 things that most excite you about the Real Estate industry? If you can please share a story or example. We’ve held many jobs throughout our career. We started when my brother and I were 16, doing any job we could. We each went through about 20 jobs before finding real estate. In 2007, when we lost everything and the economy collapsed, we found ourselves going to open houses because we love real estate, and it was the only free thing we could think of to entertain us. The best part about real estate is that it keeps you on your toes and you never know what your next job is going to look like, who is going to call you, or what property you are going to see. The clients we get to meet, the places we get to go, and the doors that open for us because of the business we are in really make this the greatest job in the world. We don’t even like to call this a job; we call it something we love to do. Can you share 3 things that most concern you about the industry? If you had the ability to implement 3 ways to reform or improve the industry, what would you suggest? Please share stories or examples if possible. What’s concerning about the industry is the amount of real estate agents that watch our show, Million Dollar Listing LA, and think it is easy to join the business and make a lot of deals — and a lot of money. I think a lot of the agents that join the business get a rude awakening — it is not as easy as it looks on TV. We are going into a new market right now where the rates have risen, the economy is changing and is potentially heading into a recession. If that happens, you’re going to see a lot of people get out of the real estate industry that should not have been in this business anyways. You’re also going to be dealing with a different type of buyer and seller. Buyers are going to be looking for deals, and sellers are going to be more desperate. What advice would you give to other real estate leaders to help their teams to thrive and to create a really fantastic work culture? We pride ourselves in representing 50% buyers and 50% sellers so we can adjust no matter what type of market we are in. It is extremely difficult to find hardworking agents that are hungry these days. That’s why we keep our team small. All our agents bring something special to the table, and they all have what it takes to be a superstar in real estate. In a high-stress environment like a real estate firm, you need to figure out ways to have fun with it. Ok, here is the main question of our interview. You are a “Real Estate Insider”. If you had to advise someone about 5 non-intuitive things one should know to succeed in the Real Estate industry, what would you say? Can you please give a story or an example for each?
Because of your position, you are a person of enormous influence. If you could inspire a movement that would bring the most amount of good to the greatest amount of people, what would that be? You never know what your idea can trigger. :-) I am very excited about launching our new tech platform called BidMyListing.com this year. It is the only platform that helps both agents and home sellers achieve the highest price. It is the first-time money has ever been exchanged between agents and home sellers before the sale of the house. It also educates the seller on the best local agents to list their house. Agents pay the seller to buy the listing and sell it. It also evens the playing field because a new agent’s money is more valuable than an experienced agents. How can our readers further follow your work online? Follow us on social media and tune into Million Dollar Listing Los Angeles on Bravo. Season 14 is filming right now. I also encourage everyone to read my books, ‘It’s Your Move’ and ‘The Altman Close’. IG: @TheAltmanBrothers @TheJoshAltman @TheMattAltman // theAltmanbrothers.com Thank you for your time, and your excellent insights! We wish you continued success. |
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