# Elite Realty

> Founded by Aida Markarian in 1991 — one of the longest-operating independent real estate brokerages in the Las Vegas Valley.

- Trade: Real Estate
- Location: Las Vegas, Nevada (serves Las Vegas, Henderson, Summerlin)
- Website: https://eliterealty.net/
- Phone: (702) 228-7227
- Established: 1991
- 702 Alliance status: Listed: researched from public sources, not yet claimed by the owner
- Profile: https://702alliance.com/members/elite-realty/

## Aida Markarian: From Wall Street to the Las Vegas Housing Market

Aida Markarian spent the first chapter of her career as a stockbroker before making the move into real estate in the late 1980s. She founded Elite Realty in 1991, at a time when the Las Vegas Valley was on the cusp of a population boom that would reshape its residential and commercial landscape for the next three decades. What began as a small independent brokerage has endured through the savings-and-loan aftermath, the explosive growth of the mid-2000s, the 2008 housing collapse — where Las Vegas was among the hardest-hit metro areas in the country — and the pandemic-era surge that followed. Through all of it, Elite Realty remained independently owned and continuously operated under Markarian’s leadership, making it one of the longest-running independent brokerages in Southern Nevada.

Elite Realty operates two company-owned offices in the Las Vegas Valley. The main office sits at 7942 West Sahara Avenue, near the intersection with Buffalo Drive on the west side — a commercial corridor that has anchored professional services firms since the 1990s. A second office on South Eastern Avenue serves the Henderson and southeast Las Vegas market. The brokerage provides full-service residential and commercial real estate, including buying, selling, property management, and relocation services. With over thirty-five years in the valley, Elite Realty’s agent roster draws on deep local knowledge of neighborhoods ranging from Summerlin master-planned communities to established pockets of central Las Vegas and the rapidly developing southwest corridor.

## Elite Realty in the Las Vegas Valley

The Las Vegas real estate market is one of the most volatile and opportunity-rich in the western United States, driven by steady inbound migration from California, a tourism economy that supports a large rental market, and a tax structure that attracts retirees and business owners. Navigating that market over the course of thirty-five years — through cycles that wiped out many competing brokerages — requires the kind of institutional knowledge that only comes from staying in the same market under the same ownership. Elite Realty’s longevity is itself a credential, reflecting a brokerage that has adapted to each phase of the valley’s growth without abandoning the independent, client-focused model Aida Markarian built from the start.

- Owner: Aida Markarian
- Founded: 1991
- Address: 7942 W Sahara Ave, Las Vegas, NV 89117
- Phone: [(702) 228-7227](tel:+17022287227)
- Website: [eliterealty.net](https://eliterealty.net/)

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From 702 Alliance (https://702alliance.com/members/elite-realty/), a free directory of independent Las Vegas Valley businesses. Corrections: cody@702alliance.com.