--- title: Dottie Herman | TIME description: Dottie Herman is the CEO of Douglas Elliman Real Estate, the third largest residential real estate company in the United States. canonical: https://time.com/author/dottie-herman/ og:title: TIME | Current & Breaking News | National & World Updates og:description: Breaking news and analysis from time.com. Politics, world news, photos, video, tech reviews, health, science, and entertainment news. og:url: https://time.com/author/dottie-herman/ og:site_name: TIME og:image: https://static.time.com/v3/assets/bltea6093859af6183b/bltde093bcdab65f2d0/6988d9b9bc6cfc69913e2a3c/time-logo.jpg?branch=production og:image:width: 300 og:image:height: 300 og:image:alt: Breaking news and analysis from time.com. Politics, world news, photos, video, tech reviews, health, science, and entertainment news. og:type: profile twitter:card: summary twitter:title: TIME | Current & Breaking News | National & World Updates twitter:description: Breaking news and analysis from time.com. Politics, world news, photos, video, tech reviews, health, science, and entertainment news. twitter:image: https://static.time.com/v3/assets/bltea6093859af6183b/bltde093bcdab65f2d0/6988d9b9bc6cfc69913e2a3c/time-logo.jpg?branch=production --- # Dottie Herman ## Dottie Herman [Dottie Herman](http://protect-us.mimecast.com/s/DgxZCwpxp7F5Y3VjTxtD6t?domain=dottieherman.com) is the CEO of [Douglas Elliman Real Estate](https://www.elliman.com/), the [third largest residential real estate company](http://time.com/5302327/dottie-herman-douglas-elliman-success/) in the United States. ## Dottie Herman *  Jul 3, 2018 ### [Everything You Need to Know About Buying Your First Home](https://time.com/5328412/buying-first-home/) No, you don’t need to put 20% down Meta: null ```json [{"@context":"https://schema.org","@type":"Organization","@id":"https://time.com/","name":"TIME","url":"https://time.com/","logo":{"@type":"ImageObject","url":"https://time.com/images/logo.png","width":528,"height":156},"foundingDate":"March 3, 1923","sameAs":["https://www.facebook.com/time","https://www.instagram.com/time/?hl=en","https://twitter.com/time","https://www.pinterest.com/timemagazine"]},{"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"item":{"@id":"https://time.com/","name":"Home"}},{"@type":"ListItem","position":2,"item":{"@id":"https://time.com/author/dottie-herman/","name":"Dottie Herman"}}]},{"@context":"https://schema.org","@type":"Person","@id":"https://time.com/author/dottie-herman/","mainEntityOfPage":{"@type":"WebPage","@id":"https://time.com/author/dottie-herman/"},"name":"Dottie Herman","jobTitle":null,"description":"Dottie Herman is the CEO of Douglas Elliman Real Estate, the third largest residential real estate company in the United States.","url":"https://time.com/author/dottie-herman/","worksFor":{"@type":"Organization","name":"TIME","url":"https://time.com/"}}] ```