Griggs Group Powered by The Altman Brothers

What Griggs Group Powered by The Altman Brothers does

Griggs Group Powered by The Altman Brothers is a boutique luxury real estate brokerage operating in the Phoenix metro area, with headquarters at 5055 N 32nd St, Phoenix/Scottsdale, AZ. The firm was formed in 2024 as a strategic alliance between Scott Grigg's Grigg's Group (founded 2009) and The Altman Brothers (Josh and Matt Altman), combining Grigg's local Arizona market expertise with the Altman Brothers' national luxury brand recognition from Bravo's Million Dollar Listing Los Angeles. The partnership claims 50 combined years in business and over $9.5 billion in career sales volume across California and Arizona, with $1.5 billion sold in 2023 alone.

The brokerage offers full-service buyer and seller representation for luxury residential properties in Paradise Valley, Scottsdale, Arcadia, and the Biltmore area, supported by an online property listings platform, Matterport virtual tours, video production, and MLS integration. Ancillary services include builder/developer representation (notably a partnership with Cullum Homes for the Paradise Reserve subdivision) and access to off-market exclusive listings through the Altman Brothers' international HNW network. Notable individual transactions include sales of $16.25M (5001 N Wilkinson Rd, Paradise Valley), $14.59M (airport hangar), $13.85M (5858 E Caballo Dr), and $10.45M (9245 E Rimrock Dr, Scottsdale).

The business operates on a traditional residential real estate commission model (transaction-fee pricing, typically 2-3% per side, not publicly disclosed). Go-to-market is sales-led via a field agent model serving ultra-high-net-worth individuals, professional athletes, Hollywood celebrities, and corporate executives, with marketing amplified through Bravo TV exposure, YouTube property tours, Instagram, LinkedIn, and major press (Wall Street Journal, Forbes, Mansion Global, Phoenix Business Journal). The firm is privately held, has no disclosed funding, and operates as a collaborative partnership rather than a corporate acquisition.

Name

Griggs Group Powered by The Altman Brothers

Legal name

Griggs Group Powered by The Altman Brothers

Website

https://thealtmanbrothersgriggsaz.com

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

11–50 employees

Short description

Boutique luxury residential real estate brokerage in Paradise Valley, Scottsdale, and Phoenix, formed in 2024 as a partnership between Scott Grigg's Grigg's Group and The Altman Brothers, serving ultra-high-net-worth buyers, sellers, and builders in the Arizona luxury market.

Ownership category

akta.pro rank

Headquarters

HQ city

Scottsdale

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Marketing or Sales, Operations, Technology or R&D, Others

Revenue model

1. Real Estate Commission: Traditional real estate commission model for buying and selling luxury residential properties. Commissions typically split between buyer's agent and listing agent, with brokerage taking a percentage.
2. Builder/Developer Services: Representing sales for new home developments and builder services for subdivisions like Paradise Reserve by Cullum Homes

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels8 records

Core offering

Griggs Group Powered by The Altman Brothers is a boutique luxury residential real estate brokerage serving Paradise Valley, Scottsdale, and the greater Phoenix metro area. The firm offers full-service buyer and seller representation for high-value properties, builder/developer representation for new construction, and access to off-market luxury listings, leveraging the Altman Brothers' celebrity-driven brand and Scott Grigg's local Arizona market expertise.

Product overview

Griggs Group Powered by The Altman Brothers operates as a luxury real estate brokerage offering a unified platform of residential real estate services. The core offering consists of buyer and seller representation for luxury properties, supported by an online property listings platform displaying current, sold, and coming-soon listings. Additional services include builder services for new developments and access to off-market exclusive properties. The firm leverages the Altman Brothers' national brand recognition and Scott Grigg's Arizona market expertise to serve high-net-worth clients including professional athletes, entertainers, and Forbes 500 individuals. An online mortgage calculator tool is provided as a client resource.

Differentiator

Problem solved

Functional benefit

Products and services

• Luxury Residential Buyer Representation Full-service buyer representation for individuals purchasing luxury residential properties in Paradise Valley, Scottsdale, Arcadia, and the Biltmore area of Phoenix. Includes pre-qualification assistance, property search, offer presentation, negotiation, and closing coordination.
• Luxury Residential Seller Representation Comprehensive seller representation for luxury residential listings, including market analysis, custom marketing strategies, traditional and digital advertising, broker network exposure, social media strategy, direct mail, international buyer strategy, public relations, negotiation, and escrow support.
• Builder and Developer Services Specialized real estate services for developers and home builders seeking expert representation for luxury new home developments and subdivisions, including projects such as Paradise Reserve by Cullum Homes.
• Off-Market Property Access Access to exclusive off-market luxury properties and private listings not publicly available, sourced through the firm's celebrity clientele, professional athlete network, and global high-net-worth connections via The Altman Brothers.

Quantifiable outcome

• Over $9.5 Billion in combined career sales (CA + AZ)
• +3 more outcomes

Named customers13 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Two partnerships are on record, tiered core.

• The Altman BrotherscoreStrategic or Co-development PartnerStrategic alliance between The Altman Brothers (nationally recognized luxury real estate team from Bravo's Million Dollar Listing LA) and Scott Grigg's Grigg's Group. The partnership brings The Altman Brothers' brand, celebrity clientele, and marketing expertise to the Arizona market alongside Grigg's local market knowledge and client relationships.
• Cullum HomescoreStrategic or Co-development PartnerBuilder services partnership for Paradise Reserve subdivision. Scott Grigg and Grigg's Group have represented Cullum Homes in selling their luxury home subdivisions in the Phoenix area, including multiple closings on Cullum Homes properties.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Compass: Large national real estate brokerage with a significant luxury division serving high-net-worth buyers. Overlaps in luxury segment and Phoenix/Scottsdale presence but operates a much broader, technology-heavy portfolio model.
• Coldwell Banker Global Luxury: National luxury brokerage program affiliated with Coldwell Banker. Competes for high-end listings and luxury buyer flow in Arizona but as part of a mass-market franchise system rather than a boutique team.
• Christie's International Real Estate: Luxury real estate network leveraging the Christie's auction-house brand. Comparable in serving ultra-high-net-worth clientele globally and cross-marketing luxury assets, but as a referral/franchise network rather than a producing team.
• Engel & Völkers: International luxury real estate franchise with shops in Scottsdale/Phoenix. Comparable in serving affluent and international luxury buyers, but operates a franchise model with broader geographic scale.
• Sotheby's International Realty: Global luxury real estate brand with strong Arizona presence (e.g., Russ Lyon Sotheby's). Overlaps in luxury clientele, off-market properties, and international buyer network, but offers a much broader franchise model.

Direct peers

• Hilton & Hyland: Beverly Hills-based luxury real estate firm founded by Rick Hilton and Jeff Hyland. Directly comparable as a high-end boutique brokerage focused on trophy estates and celebrity clientele in a single luxury metro market.
• The Agency: Global luxury boutique brokerage with celebrity co-founder (Mauricio Umansky). Directly comparable niche luxury focus, off-market inventory access, and aspirational brand positioning aimed at high-net-worth and entertainment-industry clientele.
• The Altman Brothers: California-based luxury real estate team and strategic alliance partner. Same celebrity-driven, TV-backed luxury brokerage model; directly comparable in service offering, target clientele (athletes, entertainers, HNWs), and revenue model (commission-based).

Regional players

• HomeSmart: Headquartered in Arizona, HomeSmart is a large regional brokerage with growing luxury exposure. Comparable in Arizona market presence but competes primarily on volume rather than trophy-listing luxury specialization.
• Russ Lyon Sotheby's International Realty: Dominant Arizona luxury brokerage affiliated with Sotheby's. Most direct in-market competitor for luxury listings in Paradise Valley, Scottsdale, and Phoenix, with overlapping clientele and agent pool.

Market position

Strengths1 record

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@griggsgroupaltmanbrothers
• Facebookfacebook.com/thealtmanbrothersgriggsaz
• LinkedInlinkedin.com/company/griggs-group-powered-by-the-altman-brothers
• Instagraminstagram.com/thealtmanbrothersgriggsaz

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Griggs Group Powered by The Altman Brothers