Real estate business is a glamourous job especially in top city areas like Los Angeles. Thanks to young real estate agents like Josh Altman who, through the Million Dollar Listing, have been able to prove this, we now have a glimpse into the glitzy world of high-end L.A. real estate. When you get to see how these stylish brokers work to sell jaw-dropping properties, you will be left imagining how much wealth these brokers have garnered so far.
Josh Altman is an American real estate agent, investor, reality television personality, and author. He is best known for his appearance on Bravo TV’s hit series, Million Dollar Listing where he has sold over $4 billion worth of real estate. The Wall Street Journal also recognized him as one of the world’s top real estate agents. Having an estimated net worth of $30 million, Josh works in partnership with his brother Matt for their real estate firm, Altman Brothers at the brokerage Hilton & Hyland.
What You Should Know About Josh Altman
Josh Altman was born to Judith and Alan Altman on the 10th of March 1979 in Newton, Massachusetts. Born into a Jewish family, Josh is an American national and is of Israeli-American heritage. He has a sibling named Matt Altman with whom he started a real estate firm called The Altman Brothers.
After graduating from Newton South High School in 1997, Altman went on to earn a Speech Communications degree from Syracuse University. With interest in real estate, Altman moved to Los Angeles and began investing and flipping residential apartments. This he did for the first three years under his self-established finance real estate company before joining forces with his brother to establish Altman Brothers.
Their property flipping business immediately became successful and at the age of 26 in 2005, Josh had already made his first $1 million. However, just as quickly, he lost it all in one bad investment. After a highly successful sale for which they made $200,000 in profit, the brothers began rolling the money into bigger properties they couldn’t afford. The loss left Josh in a wreck as he thought that he’d never be able to restore his millionaire status. However, in the midst of the doubt, the brothers kept pushing on. If anything, Josh learned not to buy the things that he couldn’t afford. His consistency and dynamic nature helped to bring him back to his feet and now, he keeps shattering records across the globe.
Behind His Million Dollar Listing Career
The brothers started their restoration journey by joining brokerage firm Hilton & Hyland in 2006. Soon Josh was back to winning ways, representing high net worth individuals from pro athletes to TV stars, and even international clients. He focused on luxury properties in LA’s high-end neighborhoods including Sunset Strip, Hollywood Hills, Beverly Hills, Holmby Hills, and Bel Air.
In 2010 and 2011, The Altman brothers sold $40 million and $60 million worth of real estate properties respectively. In 2011, Josh made his debut on hit Bravo show – Million Dollar Listing Los Angeles. Though his brother Matt wasn’t cast on the show, he proved to be an important factor in most of the lucrative deals they closed.
The Million Dollar Listing show follows three young real estate agents in Los Angeles as they sell high-end homes. In order not to repeat the mistake of investing himself into penury, Josh revealed that once he gets the paycheck he takes half of it and puts it into a separate account that he rarely touches.
By 2013, Josh Altman and his brother, according to the Wall Street Journal, had sold $200 million worth of properties with an average of $40 million annual sales. Some of his most iconic sales include a $10.5 million apartment in Ocean Drive which went down in history as the most expensive single apartment ever sold in Santa Monica and a one-bedroom apartment sold for $20.1 million which equally became the most expensive one-bedroom apartment in history. The property broker made a profit of $1 million flipping a single property in 2014.
Dubbed “The Key To The City”, Josh Altman has access to over $1 billion worth of properties in Los Angeles. He has sold more houses to celebrities than any other real estate agent. He sold Kim Kardashian and Kanye West their mansion in Bel Air for $11 million back in 2013. Kimye reportedly spent an additional $2 million on renovations. He also sold Tyler Perry‘s house, the same day the multi-millionaire filmmaker contacted him. As he continues to sell and invest in more properties, the realtor is also passionately sharing his success tricks to many who aspire to be like him. He speaks and trains would-be real estate investors using his books It’s Your Move: My Million Dollar Method for Taking Risks with Confidence and Succeeding at Work and Life, and The Altman Close.
In his first book titled It’s Your Move, which was published in 2015, Josh revealed his trade secrets and offered aspiring entrepreneurs tips that would help them outsmart their competitors. The book has severally been praised as one which inspires people, handing them the audacity to take risks that will help them succeed at work and in all their endeavors.
Meet Josh Altman’s Family Members
Selling over $4 Billion over the course of his young career has so far put Josh Altman under the investigative eye of the public with many wanting to know who he shares his personal life and wealth with.
Recognized as one of the most dynamic, high performing realtors in the luxury home real estate market, Josh fell in love with fellow real estate agent, Heather Bilyeu, and the two has been committed to each other ever since.
The Million Dollar Listing show benefitted Josh not only financially, in fact, it served as a platform where he met the love of his life. Josh met fellow real estate agent, Heather Bilyeu on The Million Dollar Listing Los Angeles and although there were no further details buttressing how it all happened, we know for sure that their love life and story were part of the reason why many stayed glued to their screens.
The pair got engaged in 2013 and married in a Jewish wedding at St. Regis Aspen, Colorado, in 2016. Altman and Bilyeu were originally set to be married in 2014 but decided to postpone due to hectic schedules.
The Real Estate agents exchanged vows in front of 80 family members and friends. Among those who witnessed the wedding ceremony in Aspen include actress Julie Benz and Daymond John of Shark Tank. Heather, who converted to Judaism, performed the ceremonial walk around her husband during the Jewish wedding.
Sometime in April 2017, they welcomed a baby girl and named her Alexis Kerry Altman. On Tuesday, July 16, 2019, the couple also welcomed their second child and first son, Ace David Altman. The proud parents announced the arrival of their new addition with a social media post which they tagged a heartfelt message revealing some of the circumstances surrounding his birth.
Where Does The Celebrity Realtor Live?
In 2014, Josh Altman purchased a three-bed, four-bath home for $8 million in the high-end Bird Streets of the Hollywood Hills. However, he has been renting the apartment out for $38,000 per month.
Josh Altman later purchased a 1930’s-style house for $6.7 million in Beverly Hills. The house is a 5-bed/4-bath home with a dining space and a fireplace; it also has a 1-bed/1-bath guest house and a pool cabana. Josh Altman and his wife, Heather, renovated the house for almost two years before officially moving on.