MDB Realty
MDB Realty is a privately held, boutique luxury real estate brokerage in Las Vegas, founded in 2000 by Matthew Brimhall, serving ultra-high-net-worth individuals with luxury resort homes, high-rise condominiums, and commercial properties through a 14+ agent team and exclusive developer partnerships.
- Company typePrivate
- Founded-
- HeadquartersLas Vegas, United States
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
What MDB Realty does
MDB Realty, Inc. is a privately held, boutique luxury real estate brokerage headquartered in Las Vegas, Nevada, founded in 2000 by Chairman and CEO Matthew Brimhall. The firm operates as a single licensed brokerage (Nevada corporation) with a team of 14+ licensed agents and support staff, specializing in luxury resort homes, high-rise condominiums on the Las Vegas Strip, multi-family development representation, and commercial and retail property transactions. Its underlying technology stack is non-proprietary: the company uses the Luxury Presence platform for CRM, website, and listing management, and Aryeo for virtual tour hosting — there is no internally developed technology, no public API, and no disclosed AI/ML capability.
The business model is a traditional real estate commission structure on transactions ranging from $300,000 to $75+ million, with the firm claiming sellers achieve $110,000-$300,000 per sale on average. Go-to-market is sales-led, enterprise-level field sales targeting ultra-high-net-worth individuals, international buyers (with active marketing campaigns in China, Australia, Europe, and Canada), and commercial investors. The firm has cultivated exclusive or near-exclusive sales partnerships with major developers including The Related Group, Trump Organization, Del American, Fifield, CB Richard Ellis, and the branded residential towers Waldorf Astoria Las Vegas, Veer Towers, and Trump International.
Distribution is anchored by direct sales through the 14+ agent team, supplemented by content marketing (blog, SEO, Instagram, email newsletter, video tours/vlogs) and PR coverage in outlets such as the Las Vegas Review-Journal and Vegas Magazine. MDB Realty has generated over $1 billion in cumulative sales worldwide, was named a Las Vegas Top 100 Producer for 2024, and its principal has been individually ranked in the top 1% of Las Vegas real estate professionals for four consecutive years (2022-2025). The company is tightly bound to its founder/CEO and has no institutional investors, parent company, or disclosed funding rounds.
MDB Realty firmographics
Firmographics- Name
- MDB Realty
- Legal name
- MDB Realty, Inc.
- Website
- https://mdbrealty.com/
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- MDB Realty is a privately held, boutique luxury real estate brokerage in Las Vegas, founded in 2000 by Matthew Brimhall, serving ultra-high-net-worth individuals with luxury resort homes, high-rise condominiums, and commercial properties through a 14+ agent team and exclusive developer partnerships.
- Ownership category
- akta.pro rank
MDB Realty industry classification
Industry- Product category
- Luxury Real Estate Brokerage
- NAICS
- Offices of Real Estate Agents and Brokers (53121), Offices of Real Estate Agents and Brokers (5312), Offices of Real Estate Agents and Brokers (531210)
- SIC
- Real Estate Agents & Managers (For Others) (6531)
- akta.pro primary industry
- Luxury & High-End Residential Brokerage (BPAJAAAC)
- akta.pro secondary industries
- Residential Real Estate Brokerage (Buy/Sell) (FSAEAJAA), Commercial Real Estate Brokerage (Leasing & Sales) (FSAEAJAB)
Keywords
Where MDB Realty is headquartered
LocationHeadquarters
- HQ city
- Las Vegas
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
MDB Realty business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Marketing or Sales, Operations, Technology or R&D, Infrastructure
Revenue model
- Real Estate Commission: Traditional real estate commission-based revenue from residential and commercial property sales, purchases, and leases. Transactions range from $300,000 to $75+ million.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Seller average: $110,000 - $300,000 per sale |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels6 records
MDB Realty product offering
Product offeringCore offering
MDB Realty is a boutique luxury real estate brokerage that facilitates the buying, selling, and leasing of high-end residential and commercial properties in the Las Vegas market. The firm specializes in luxury resort homes, high-rise condominiums (Waldorf Astoria, Veer Towers, Trump International), and the acquisition and distribution of commercial and retail properties, serving both individual ultra-high-net-worth clients and real estate investors/developers.
Product overview
MDB Realty is a luxury real estate brokerage operating as a single unified service offering. The company provides comprehensive residential and commercial real estate services through several interconnected modules: core brokerage services for luxury resort homes, high-rise/condo sales on the Las Vegas Strip, and commercial/retail property transactions; supported by complementary tools including a property search portal, home valuation tool, virtual tour platform, and video blog content. The firm also partners with Terra Firma Development for custom luxury home construction at MacDonald Highlands, representing a combined development value of $950 million. The platform is powered by Luxury Presence and integrates virtual tour hosting through Aryeo.
Differentiator
Problem solved
Functional benefit
Brands
- Terra Firma: Custom-designed resort homes development project at MacDonald Highlands, Southern Nevada, with overall project development value of $950,000,000
Products and services
- Luxury Residential Brokerage Full-service boutique real estate brokerage representing buyers and sellers of luxury residential properties in the Las Vegas market, including resort homes, high-rise condominiums, and custom-built residences in exclusive communities.
- High-Rise & Condo Sales Specialized brokerage service for the sale and purchase of high-rise condominiums and penthouses on the Las Vegas Strip, including luxury towers such as Waldorf Astoria, Veer Towers, Trump International, Turnberry, and Allure.
- Luxury Resort Home Sales Brokerage service for the sale and purchase of luxury resort and custom-built homes in exclusive Las Vegas communities including Summerlin, Henderson, Centennial Hills, MacDonald Highlands, and The Ridges.
- Commercial & Retail Property Services Acquisition, disposition, and distribution services for commercial and retail properties throughout the Las Vegas valley, including multi-family residential development opportunities.
- Terra Firma Development (Custom Resort Home Development) Custom-designed luxury resort home development at MacDonald Highlands, the most exclusive enclave in Southern Nevada, with an overall project development value of $950,000,000. Operated as a sub-brand of MDB Realty.
Quantifiable outcome
- 664% increase in sales volume at Trump International
- +3 more outcomes
Companies that use MDB Realty
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles2 records
MDB Realty technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
MDB Realty partnerships and signals
Strategic signalPartnerships
14 partnerships are on record, tiered core, major and minor.
- Terra Firma DevelopmentcoreStrategic partnership with Terra Firma Development for custom-designed resort homes at MacDonald Highlands, the most exclusive enclave in Southern Nevada. The bespoke product offering has an overall project development value of $950,000,000.
- The Related GroupmajorPartnership with one of the largest residential developers for luxury condominium projects.
- FifieldmajorPartnership with major real estate developer for high-rise residential projects.
- CB Richard EllismajorPartnership with global commercial real estate services firm.
- Northcap CommercialmajorPartnership with commercial real estate brokerage.
- The Sunshine GroupmajorPartnership with luxury real estate services firm.
- Del AmericanmajorPartnership with multi-billion-dollar developer of luxury condominium high-rise communities throughout the US.
- The Trump OrganizationmajorPartnership with Trump Organization for luxury residential projects including Trump International Hotel Las Vegas.
- Ladder CapitalminorFinancial partner for real estate investments.
- Pordes ResidentialminorPartnership with residential developer.
- SRFminorPartnership with real estate development company.
- Waldorf Astoria Las VegascoreExclusive sales partner for Waldorf Astoria Residences Las Vegas.
- Veer TowerscoreExclusive sales partner for Veer Towers luxury high-rise condominiums.
- Trump InternationalcoreHistoric sales partnership with Trump International Hotel Las Vegas.
Scale indicators7 records
Recent moves6 records
Expansion highlights5 records
MDB Realty competitors and assessment
Company assessmentDirect peers
- The Agency: Global luxury real estate brokerage operating in Las Vegas with a focus on celebrity, high-net-worth and international clientele. Comparable because both compete for the same Strip high-rise, MacDonald Highlands, and Seven Hills luxury listings via a boutique-but-globally-marketed model.
- Rob Geller Realty / Turf-level Vegas Luxury Brokerage: Longstanding Las Vegas luxury agent and boutique brokerage operating on the Strip and Henderson luxury submarkets. Comparable as a competing boutique agent-led brand competing for the same pool of ultra-high-net-worth buyers and high-rise inventory.
- Las Vegas Sotheby's International Realty: Affiliated luxury brokerage serving the Las Vegas market with global Sotheby's referral reach. Comparable because both target luxury resort homes, high-rise condos, and international luxury buyers; MDB's Wendy Bass previously worked at LV Sotheby's before joining MDB.
- Luxe Realty & Development: Las Vegas boutique brokerage specializing in luxury homes, custom builds, and development projects. Comparable because both compete for high-end listings in the same Henderson/Strip submarkets and pair resale brokerage with developer relationships.
- Huntington & Ellis, A Real Estate Agency: Las Vegas luxury brokerage specializing in high-rise and custom homes in Summerlin, Henderson, and on the Strip. Comparable as a competing boutique firm focused on the same luxury buyer segments and exclusive communities such as MacDonald Highlands.
- Simply Vegas: Boutique Las Vegas luxury real estate firm serving Henderson, Summerlin, and the Strip. Comparable because both compete for the same mid-to-upper-tier residential luxury segment with similar boutique marketing-heavy approaches.
- The Ivan Sher Group / IS Luxury: Las Vegas luxury boutique brokerage led by Ivan Sher, focused on high-rise and luxury home sales on the Strip. Directly comparable as a competing boutique firm targeting the same ultra-high-net-worth and high-rise condominium segments; one MDB team member (Wendy Bass) previously worked there.
Broad incumbents
- Compass Las Vegas: Tech-forward national real estate brokerage with a Las Vegas presence competing for luxury agents and listings. Comparable as a competing platform for top-producing agents and luxury inventory, differentiated by Compass's proprietary technology stack and scale-driven commission model.
- Engel & Völkers Las Vegas: Global luxury real estate franchise with a Las Vegas office targeting luxury resort and high-rise buyers. Comparable because both leverage an internationally-recognized luxury brand and refer buyers across geographies into Las Vegas luxury inventory.
- Berkshire Hathaway HomeServices Nevada Properties: Large incumbent brokerage serving the broader Las Vegas residential and luxury market as part of a national franchise. Comparable as a competing channel for luxury listings and agents, though operating at broader scale with a less concentrated luxury-only positioning.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
MDB Realty social profiles
Digital presenceMDB Realty financial estimates
Financial estimateRevenue estimate
Valuation estimate
MDB Realty leadership team
Management profileNumber of profiles
Profiles14 records
MDB Realty subsidiaries and ownership
Company hierarchySubsidiaries1 record
MDB Realty funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
MDB Realty M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about MDB Realty
What does MDB Realty do?
MDB Realty is a boutique luxury real estate brokerage that facilitates the buying, selling, and leasing of high-end residential and commercial properties in the Las Vegas market. The firm specializes in luxury resort homes, high-rise condominiums (Waldorf Astoria, Veer Towers, Trump International), and the acquisition and distribution of commercial and retail properties, serving both individual ultra-high-net-worth clients and real estate investors/developers.
Is MDB Realty a public or private company?
MDB Realty is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was MDB Realty founded?
MDB Realty was founded in -1. It employs 11 to 50 people.
Where is MDB Realty based?
MDB Realty is headquartered in Las Vegas, United States, in the North America region.
How does MDB Realty make money?
One revenue line is on record: real Estate Commission.
Who are MDB Realty's main competitors?
Direct peers on record are The Agency, Rob Geller Realty / Turf-level Vegas Luxury Brokerage, Las Vegas Sotheby's International Realty, Luxe Realty & Development, Huntington & Ellis, A Real Estate Agency, Simply Vegas and The Ivan Sher Group / IS Luxury. Broad incumbents are Compass Las Vegas, Engel & Völkers Las Vegas and Berkshire Hathaway HomeServices Nevada Properties.
Does MDB Realty have an API?
No public API is recorded for MDB Realty.
What industry is MDB Realty in?
MDB Realty's product category is Luxury Real Estate Brokerage. Its primary akta.pro industry code is BPAJAAAC, Luxury & High-End Residential Brokerage, with a secondary code of FSAEAJAA, Residential Real Estate Brokerage (Buy/Sell). Its NAICS code is 53121 and its SIC code is 6531.