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Dottie Herman

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Dorothy (Dottie) Herman, is the quintessential New York success story. In only two decades, she climbed to the pinnacle of the housing industry - CEO of Douglas Elliman, the #3 ranked real estate company in the United States. Today, under her leadership, Douglas Elliman is New York's largest residential brokerage, with over 7, 000 real estate professionals and 675 employees working in more than 113 offices in Manhattan, Brooklyn, Queens, Long Island, the Hamptons and the North Fork, Westchester/Putnam, South Florida, Aspen and Los Angeles. Dottie created a company that serves the customer's every real estate need. In addition to leading New York's largest residential real estate brokerage and rentals, she also controls a portfolio of real estate services, including commercial and retail leasing and sales, relocation and settling in services, new development consulting and also Manhattan's largest residential property manager, Douglas Elliman Property Management, as well as DE Title, and DE Capital Mortgage.

  • Mortgage Rates Unlikely to Hit 5% Soon, Says Real Estate Expert
    Dottie predicts mortgage rates won't drop below 5% soon, citing historical averages. She warns buyers against assuming easy refinancing, noting potential costs. Dottie emphasizes the unpredictability of market timing and highlights the need for increased housing inventory. She suggests rates could dip if the Federal Reserve significantly lowers interest rates.
  • Aging Homebuyers: Why Millennials Struggle to Enter the Market
    Dottie notes that millennials prefer homeownership but face barriers like rising prices and student loans. "Baby boomers have the money to buy homes," she says, while the median buyer income of $108,800 suggests average earners struggle without family support or dual incomes.
  • Expert Tips: Key Considerations for Homebuyers
    Dottie emphasizes the importance of location and school quality for families. She advises a thorough property inspection by a trusted expert. Choose an agent familiar with the area, and trust your instincts about a home's potential. Dottie says, "Sometimes, you have to trust your gut." These insights can guide buyers in finding their dream home.
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  • All of the success of Douglas Elliman is not only because of me, it is all the people who I have surrounded myself with

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