“Million Dollar Listing LA” star leaving show, joining new firm

Madison Hildebrand, the well-coiffed broker and original cast member of “Million Dollar Listing Los Angeles,” announced he is moving to luxury brokerage Partners Trust, where he will help launch a Malibu branch for the firm. The exit from his current gig at Coldwell Banker means Hildenbrand will no longer be a regular on the reality show.

Hildebrand, 34, will be taking 23 of his 26 clients with him to the new brokerage, he said during a phone interview on Wednesday night. Hildebrand will be one of four partners to set up the office. He said it’s still unclear how many agents will join the branch, but that the new Partners Trust office will have space for about 30 people. Hildebrand did not disclose where the new office is located, but added that the partners are in the final stages of securing the space.

Among the listings he’ll be bringing over: a nearly $5 million, seven-acre avocado ranch and a $3.7 million Spanish villa in Los Angeles.

The timing of the move to the new brokerage, which focuses on luxury housing, couldn’t be better, Hildebrand said. “It has been one of the busiest years for me.”

Meanwhile, the luxury market in Los Angeles is booming — similar to what’s going on in New York. More people are paying cash for their homes and are seeking out Los Angeles as a place for real estate investments, Hildebrand said.

“We don’t have the high-rises,” Hildebrand said, “but we’ve got stunning properties and compounds.”

Hildebrand made the announcement on Wednesday night’s episode of “Million Dollar Listing Los Angeles.” In the interview with TRD, Hildebrand offered a cryptic message to fans who are worried that they won’t see the famous broker and author on television.

“There’s something to look forward to,” he said. “I made some other cameos on other another Bravo show that’s not been announced.”