Clip from NBC's Today Show

Well here is my live National TV debut.  Be gentle.  I think I did a good (ok...decent) job and hope to have the opportunity to do this again.  It was a lot of fun!

Big thanks go to my friends and colleagues who helped me with this segment:

Jamie Goff, President and CEO of Douglas Elliman Florida

Gregory Morris, REALTOR, Long And Foster Real Estate, Inc. Baltimore, MD.

Jay Thompson, Designated Broker, Thompson's Realty, Phoenix, AZ.

Written By:Noah On March 27, 2008 1:14 PM

yo yo yo !! DC in da house! You did great man, you sounded like you actually know what your talking about!!

kidding..good job Doug!

Written By:Noah On March 27, 2008 1:15 PM

oops mean to say "DH" in da house!!

Written By:Andrew On March 27, 2008 1:16 PM

As impressive as I find your blog Doug. The only thing I found curious given that you're a Manhattan agent is being on national TV talking about markets that aren't in your area of expertise. Again, have to emphasize I loved your commentary and I'm sure you appreciated the exposure but would have preferred you talking about a market you know. (As far as the comment about the Baltimore homeowners loss of roughly 10% of value but that not being a big deal if they're moving on, it is if what they've lost is their entire 10% equity!).

Written By:Douglas Heddings On March 27, 2008 2:00 PM

Andrew,

Sincerely happy to hear that your a fan of the blog and enjoyed my commentary. Real estate is my life and although I make my living selling property on the island of Manhattan, I have friends, family and colleagues in many markets across the country (where do you think the property examples came from?) And I make it my business to be well read and abreast of activity on a global level.There aren't too many real estate professionals that I'm aware of who sell in all of these markets.

Thanks again for watching, reading and sharing.

Written By:Jim Duncan On March 27, 2008 8:40 PM

Great job and great commentary. Well done.

Written By:Jay Thompson On March 27, 2008 8:46 PM

The only thing that looked better than you Doug was that lovely Gilbert, AZ home! :)

Seriously though, great job. "Don't panic" is a key message that often gets lost in all the media hype.

Well done!

Written By:Douglas Heddings On March 27, 2008 9:10 PM

Thanks to everyone for the incredible support and kind words. I hope the "don't panic" message was clear but I also didn't want to paint an overly rosy picture either. Hindsight is indeed 20/20 and I wish I could have squeezed in a comment regarding trading up in a declining market. Assuming a person has equity left in their home and they wish to buy a larger home, a declining market can be a positive thing as that larger more expensive home has also declined by 20%. For those who don't follow me, here's an example:
Someone sells their $500k home for $400k (a 20% decline) and buys a $1,000,000 home for $800,000 (same 20% decline).

Written By:John Heinlein On March 28, 2008 12:49 AM

Great job Doug! I thought about selling my home and moving into a cave for a while until I saw your commentary on TV today. Kidding of course...

Written By:Hi! I'm Rudy from Trulia. Doug Heddings in the spotlight... On March 28, 2008 9:40 AM

Well done Doug! You are a natural in front of the camera....

Rudy
Social Media Guru at Trulia

Written By:Douglas Heddings On March 28, 2008 11:00 AM

Thanks John and Rudy!

John,

If you do decide to move, I have a 5BR, 6.5BTH bat infested Cave with gorgeous stalagmites for just under a mil.

Written By:John On March 28, 2008 1:26 PM

I also really enjoy your blog, and think you did a great job on the show. Looked like a natural.

Written By:fatbear On March 31, 2008 6:02 PM

Doug - I spent 40 years in TV - you did a great job for a rookie - looked good, not nervous, didn't fumble, a few smile words, human - kept to the topic - keep going with the great blog and keep doing the tube

Only one caveat:

Less words, more ideas - look at the last :30 segment; they listed 3 points to your 1 - don't explain your points, just give them - I know it's difficult, as one thinks (like I'm writing now) that the recipient won't understand unless you explain, but the best short TV interviews give the executive summary, not the paper

And you did the absolute right thing in mentioning the mother-in-law's avocation - makes people think you're human and not some starched shirt - very nice, and I'm sure she was happy


Written By:Douglas Heddings On March 31, 2008 8:34 PM

Thanks so much fatbear for the kind words and support. Appreciate the critique as well but I'm already aware that I blew the points. I just hope I get another opportunity to prove I'm worthy :-D

Written By:fatbear On March 31, 2008 10:14 PM

I just hope I get another opportunity

Keep up the good work on the blog and you will - have no fear!

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