Vaughn Miller is proud to have followed in his father’s real estate investment footsteps. His personal real estate career began in 1986 when he joined Vance C. Miller Interests. Vaughn Miller became vice president of the company and together they formed Vance C. Miller Development Group to develop single retail properties. It is VCM Development Group that Vaughn Miller heads as president today.
In Vaughn Miller’s earliest years, he headed the commercial brokerage operation, as well as the firm’s marketing and leasing of over 300,000 square feet of retail projects. In 1990, Vaughn Miller joined Henry S. Miller/Grubb & Ellis. With plenty of experience leasing retail projects, Vaughn Miller became the Vice President of the Retail Properties Division.
Vaughn Miller spent three years as the vice president of his department until 1993, when he, along with his father, restarted the Henry S. Miller Commercial of Henry S. Miller Realtors. The commercial branch furthered Vaughn Miller’s experience and expertise in the field of commercial real estate. Vaughn Miller served as the commercial division’s Senior Vice President and grew the commercial division to 17 retail brokers in the areas of Dallas and Houston, Texas.
In 1994, Vaughn Miller merged to create Miller Commercial, which became the largest commercial real estate firm in the Dallas-Fort Worth area. On top of being the area’s largest commercial firm, Miller Commercial became the largest independent firm in Texas. Vaughn Miller was very proud of his accomplishments in less than a decade’s time.
From 1994 to 2013, Vaughn Miller continued his tradition in commercial real estate by heading the retail division of Henry S. Miller Companies. A credit to his years of hard work and experience, Vaughn Miller was consistently recognized as the firm’s top producer. From the beginning of his career in 1986 to as recently as 2013, Vaughn Miller focused on retail real estate and commercial projects.
Playing sports is good for the body and soul. Vaughn Miller has a favorite sport. While some people are lucky if they ever see a horse, Vaughn Miller gets to ride them regularly as a polo player. Not only does Vaughn Miller play polo, but he is also a polo instructor.
For twenty years, Vaughn Miller has been a member of the United States Polo Association. As an outdoor activity, Vaughn Miller believes that it is a very prestigious sport that differs from the rough and tumble of other sports. However, Vaughn Miller is not afraid to get his hands dirty and participated in the Boy Scouts of America as an Eagle Scout.
Vaughn Miller is very active in polo and as an instructor he needs enthusiasm to coach well. For five years, Vaughn Miller has led the Preston Polo Club in Oak Point as the organization’s president. Vaughn Miller spent one year as the Head Coach of TCU Women’s Intercollegiate Polo Team and is currently Head Coach of the Prestonwood Polo Interscholastic Team, which has been the Central Region Champion for 2 years.
Vaughn Miller loves taking time out to play polo. When Vaughn Miller is not playing, he is either working as President and CEO of VCM Development Group or spending time with family. In the spirit of philanthropy, Vaughn Miller, together with Dena Miller, created the Prestonwood Polo Foundation to raise money for charity through polo. Vaughn Miller is the foundation’s president and hopes that the money raised through the foundation can help charities like Project Transformation, Wipe out Kids Cancer, Family Gateway, and more. Vaughn Miller has been very active in helping charities throughout north Texas. Vaughn Miller, together with his wife, organizes polo events to raise money for the local charities they support. Vaughn Miller is proud to use his love for polo to help others in need.
While many professionals feel unchallenged and underutilized in their current position, Vaughn Miller of Dallas, TX, has always experienced a career of growth and promotion. At the age of 51, Vaughn Miller is the president and CEO of VCM Development Group, which provides commercial real estate services for the greater region. Ever since entering the industry in 1986, Vaughn Miller of Dallas quickly climbed the ladder and achieved positions of executive leadership. How can others do this? Simple:
- Talk to your boss. One of the most unique aspects of his career is the fact that Vaughn Miller had the opportunity to work with his father Vance C. Miller, who himself was a Dallas real estate legend. By interacting with his father, Vaughn Miller was able to grow as a real estate professional and prove his skill set and ability to learn and acquire new skills. Likewise, professionals should always cultivate a strong relationship with their leaders.
- Ask for more. There are always opportunities for more work and responsibilities, and if there aren’t, then ask for some. This is the quickest and most effective way to prove your dedication to the company. This is the strategy that Vaughn Miller of Dallas employed when he first joined the industry, and his was quickly promoted to Vice President and headed the commercial brokerage operations.
- Sharpen your people skills. In the business world, there’s a saying that “your net worth is only as great as your network,” and this is particularly true in real estate. To boost his people skills, Vaughn Miller of Dallas joined many trade organizations such as the National Association of Realtors and the International Council of shopping Centers. By joining associations specific to your trade, you have the opportunity to network with other professionals who can later boost your business through referrals or other unexpected means. Furthermore, these trade associations keep you up to date with the latest trends in your industry.
By following these examples that real estate mogul Vaughn Miller of Dallas, TX, has set, you’ll be on your way to growing your career!
At the age of 51, Vaughn Miller of Dallas, TX, balances multiple responsibilities. As the president and CEO of VCM Development Group, Vaughn Miller is in charge of running one of the largest commercial real estate firms in the region. Vaughn Miller of Dallas has worked on major projects including Little Elm Towne Crossing, Pepper Square Shopping Center, and Valley View Market, all of which are in North Dallas.
Aside from his professional endeavors in real estate, however, Vaughn Miller of Dallas is also known for his philanthropic organization. Vaughn Miller and his wife founded the Prestonwood Polo Foundation to raise money through Polo sporting events for charitable causes. The money has been used to fund organizations such as Family Gateway, Project Transformation, and Wipe Out Kids’ Cancer.
While both these responsibilities take a lot of Vaughn Miller’s time, he’s able to balance everything together. “It’s all about priority,” says Vaughn Miller of Dallas. “When you’re able to prioritize what’s important in your life, it’s so much easier to find the energy and time to fulfill all of your responsibilities.”
To balance both his professional leadership with VCM Development Group alongside his philanthropic leadership, Vaughn Miller of Dallas ensures that he’s focused on all his tasks. “Once you prioritize, you have to work on efficiency. Being more efficient or productive with your time in one area of your real really pays off in another,” says Vaughn Miller of Dallas.
Furthermore, Vaughn Miller’s authentic dedication to philanthropy and helping others is a way of life that was developed during his years as an Eagle Scout. As a real estate professional, Vaughn Miller of Dallas is dedicated to helping people accomplish their needs. “When helping others is the way you live, it’s easy to balance it in everything you do,” says Vaughn Miller.
Through the Prestonwood Polo Foundation that he founded with his wife, Vaughn Miller of Dallas, TX, is able to raise funds to support charities such as Project Transformation, Family Gateway, and Wipe Out Kids’ Cancer. Through numerous Polo sporting events throughout the year, Vaughn Miller and his wife are able to raise money through these organizations. What makes these organizations unique is their dedication to children and their families.
Family Gateway, for instance, focuses on eliminating childhood homelessness by providing housing for families with children. Project Transformation provides leadership opportunities for youth. And Wipe Out Kids’ Cancer is focused on finding a cure for cancer and providing support to young families. All of these causes are dear to Vaughn Miller of Dallas, who is the CEO and president of VCM Development Group.
The reason that Vaughn Miller of Dallas, TX, places so much importance on philanthropic efforts that help families is because family is an important part of his life. As the eldest surviving son of Dallas real estate legend Vance C. Miller, Vaughn Miller truly understands the critical role that a strong family plays in establishing and shaping a young life.
As a highly successful real estate professional, Vaughn Miller of Dallas understands that his success is largely due to his father’s inspiration and the mentorship that his father provided. “Seeing a family become more close-knit is really important to me. Whether it’s something like cancer or unemployment that causes stress on a family, I want to be able to help however possible,” says Vaughn Miller of Dallas.
Through the Prestonwood Polo Foundation, Vaughn Miller has been able to provide funds for children and family throughout not only Dallas, but also the greater Texas region. At the age of 51, Vaughn Miller of Dallas looks forward to giving back to the community for many years to come.
As the son of Dallas real estate legend Vance C. Miller, Vaughn Miller has developed a successful real estate career of his own throughout the city and the greater north Texas region. When he started in 1986, Vaughn Miller decided to join his father at Vance C. Miller Interests. This move would turn out to be one of the key moves that would seal Vaughn Miller’s position as an influential force in real estate. By deciding to work with his father at the beginning of his career, Vaughn Miller was able to view his father as not only his dad, but a professional mentor as well. By working alongside his father in the industry, Vaughn Miller was able to gain the insight that’s led him to widespread success today.
“If there’s one piece of advice I would give to young professionals today, it would be to find a mentor,” says Vaughn Miller of Dallas. Indeed, there are many benefits of having a mentor in your field. According to Vaughn Miller, some of the most prevalent benefits include:
- Support and motivation. Because the mentor has experienced the industry first-hand and knows what it takes to achieve success, they can provide support and motivation in ways that a college textbook can’t. Furthermore, they’re also a great source for networking opportunities, says Vaughn Miller of Dallas, Texas.
- Professional growth. By learning real estate industry secrets through his father, Vaughn Miller was about learn at a pace that was most beneficial for him. In other words, mentors can help you determine how quickly you can grow.
Industry secrets. The biggest key to finding a mentor is so that they can teach you what they’ve learned, says Vaughn Miller of Dallas. Practical industry secrets and pieces of practical wisdom aren’t something that is learned from the books. Instead, this is passed on from person to person
As the president and CEO of VCM Development Group, Vaughn Miller of Dallas, TX, understands the nuances of commercial real estate development. More than residential projects, commercial real estate has numerous factors to consider before construction can even begin. “When you’re dealing with commercial real estate, you’re not just dealing with construction; you’re also dealing with the economic engine of an entire community,” says Vaughn Miller of Dallas.
According to Vaughn Miller, commercial real estate considerations include:
- Zoning. Some zoning restrictions are very heavy and limit certain uses in the marketplace. For instance, there is a limited supply of General Industrial zoning, which increases the demand of this type of zone. The opposite is true, says Vaughn Miller. Too much zoning can have negative results.
- Title issues. Easements, covenants, and deed restrictions can all half a major commercial development project.
- Physical condition. The physical maintenance of the property must be considered before a renovation or construction project begins. According to Vaughn Miller of Dallas, understanding the physical condition of property is paramount to improving the bottom line ant the end of the day.
- Net operating income. Commercial real estate managers and developers such as Vaughn Miller must take into consideration the leases and revenue sources of these properties. In other words, what expenses are controllable? Does this leave room for improvement when you consider the expensive development costs?
- Financing. Factors like physical condition could negatively affect a property’s current value. Low valued properties are harder to get financed – even for renovation, says Vaughn Miller.
Regardless of the scope of the project, Vaughn Miller of Dallas understands that ultimately all commercial real estate considerations boil down to the profitability of the project for all parties involved. The developer, financer, and tenants all want to profit from the same thing, which makes each consideration important during this process