London Inc. March/April 2023 - 28

10 Minutes With
CONSTANTLY EVOLVING
Adam Miller, 2023 president of the London
and St. Thomas Association of Realtors,
chats about the benefits of engagement,
riding the realty roller coaster and the
importance of staying nimble
ADAM MILLER IS the 2023 president of the London
and St. Thomas Association of Realtors (LSTAR).
A broker/manager with Royal LePage Triland in
St. Thomas, Miller grew up in London, attending
Sir Wilfrid Laurier Secondary School and Fanshawe
College.
He is married to TVDSB teacher Marcy Miller; the
couple has two sons, Benjamin, 17, and Mason, 14.
They also have, " a large dog named Misha. " Miller,
48, began in real estate in 2004 as a sales rep with
Royal LePage Triland. He was broker/owner with
Prudential Family Realty for six years, returning to
Triland in 2013.
He's an avid skier and coaches minor football.
He's also a Knights season ticket holder and enjoys
travelling and swimming. He has a passion for
cooking and might have been a chef if he hadn't
pursued his real estate career.
Congratulations on being LSTAR president in
2023. Why did you choose to commit the time
to do it? I am very passionate about the real estate
industry and was always raised to believe that if you
want to improve the industry you are in, you have to
become actively engaged in the organization that helps
run it. Can't complain if you are not actively involved.
As you well know, the market in the last three
years has been volatile, starting with the Covid
boom and now with a substantial cooldown.
How has that affected you and your fellow
realtors? The market over the last three years has
certainly been a roller coaster, with the Covid-19
pandemic initially causing widespread uncertainty
and a slowdown in activity, followed by a rebound as
people sought to take advantage of low interest rates.
For real estate professionals, these shifts in the market
have presented both challenges and opportunities.
28|londonincmagazine.ca|MARCH / APRIL 2023
On one hand, the uncertain economic environment
has made it more difficult to predict market trends
and assess the value of properties. On the other hand,
low interest rates encouraged more people to buy
homes, leading to increased demand for real estate
services. Realtors have had to adapt to these changing
conditions by developing new strategies for marketing
properties, leveraging technology to stay in touch
with clients, and remaining up to date with the latest
market data and trends.
Some realtors may have struggled, but many
have found new ways to thrive and succeed in this
challenging environment. Ultimately, the volatility in
the market over the last three years has highlighted
the importance of staying nimble, adaptable and
knowledgeable for real estate professionals.
I've heard from a few realtors with clients who
are underwater, having bought high when
London Inc. March/April 2023

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