Mel Foster Co. Agent Receives REALTOR® Honor

Lynsey Engels, President, Real Estate Brokerage at Mel Foster Co. Inc. is pleased to announce that Leanna Trees of their Bettendorf office was recognized by the Quad City Area REALTORS® during their Annual Holiday Party and Installation of Officers held on December 1st.  Congratulations to Leanna for receiving the Rookie of the Year Award, which is designed to bring credit and recognition to an individual during their first two years as a REALTOR® member and who takes an active role in the Quad City Area REALTORS®.

Leanna serves on the QCAR Diversity, Equity, and Inclusion Committee and the Professionalism Committee.  She will also join the Board of Directors serving as a 2-year Director starting next month.  In addition to being a member of the Quad City Area REALTORS®, she is also a member of the Iowa Association of REALTOR® and the National Association of REALTORS®. 

Engels expresses, “Leanna’s dedication over the last 18 months has been commendable, making her truly worthy of this recognition.  We are delighted to have her as a valuable member of the Mel Foster Co. team and cannot wait to see her real estate career explode.  This award demonstrates that Mel Foster Co. is not only an excellent starting point in real estate but also an ideal place for long-term career growth.”

MEL FOSTER CO. AGENTS NAMED AMERICA’S BEST REAL ESTATE PROFESSIONALS

Lynsey Engels, president of Real Estate Brokerage at Mel Foster Co. is pleased to announce that several of its agents have been named as one of America’s most productive agents as a part of the 2023 REALTrends America’s Best Real Estate Professionals list.  This ranking report by REALTrends, the Trusted Source in residential brokerage, and Tom Ferry International, a top coaching and training company, ranks the most productive agents by state and metropolitan area based on closed transaction sides and closed volume in 2022.

REALTrends America’s Best Real Estate Professionals honors American’s finest real estate agents from across the country.  Over 27,500 U.S. real estate sales associates from every state are featured in America’s Best.  Those ranked are among the top 1.5% of the 1.6 million real estate professionals in the United States. 

The real estate agents are ranked in these categories:

  • Small team – Sales volume
  • Small team – Transaction sides (in each real estate transaction there are two sides that can be represented by a real estate agent; the buy side and the selling side)
  • Individual agent – Sales volume
  • Individual agent – Transaction sides (in each real estate transaction there are two sides that can be represented by a real estate agent; the buy side and the selling side)

Top Small Teams by Volume & Sides in Iowa

Geri Doyle, REALTOR® with Mel Foster Co.
Geri Doyle Group, #4 by Volume & #13 by Sides

Top Individuals By Sides in Iowa

Lucky Lang II, REALTOR® with Mel Foster Co.
Lucky Lang II, #24 by Sides in Iowa
Lisa Carstens REALTOR with Mel Foster Co.
Lisa Carstens, #40 by Sides in Iowa
Jill Sorrell, REALTOR®
Jill Sorrell, #45 by Sides in Iowa
Scott Kelling REALTOR with Mel Foster Co.
Scott Kelling, #78 by Sides in Iowa
Shawna Burrow, REALTOR with Mel Foster Co.
Shawna Burrow, #78 by Sides in Iowa
Bob Allmandinger, REALTOR® with Mel Foster Co.
Bob Allmandinger, #101 by Sides in Iowa
Candy Reaves, REALTOR with Mel Foster Co.
Candy Reaves, #123 by Sides in Iowa

Top Individuals By Sides In Illinois

Dee Shepherd, REALTOR® with Mel Foster Co.
Dee Shepherd #81 by Sides In Illinois
Debbie Wright, REALTOR® with Mel Foster Co.
Debbie Wright, #110 by Sides in Illinois
Eve Anderson, REALTOR® with Mel Foster Co.
Eve Anderson, #209 by Sides in Illinois

Ms. Engels commented, “With this year’s release of the 2023 America’s Best Real Estate Professionals list, we are incredibly proud to have 11 of our agents be recognized with other elite real estate agents across the country and continue to be in awe of these agent’s dedication, hard work and commitment to serving clients throughout the region.”

To qualify for inclusion, an individual agent must have closed 40 residential transaction sides or $16 million in closed sales volume in 2022. A team must close 60 residential transaction sides or $24 million in closed sales volume. The rankings are compiled based on surveys from virtually every national branded network, many state and local associations of Realtors®, multiple listing services, all applicants from past years’ rankings, and the 900 largest brokerage firms in the United States.  Verification from an independent source is required from all submissions.  In addition, REALTrends senior staff reviews every submission for completeness and accuracy.

CHARLOTTE COURTNEY PROMOTED TO MANAGING BROKER POSITION

Mel Foster Co. is proud to announce the promotion of Charlotte Courtney to Managing Broker of the Clinton office.  In her new position, Ms. Courtney will be responsible for recruiting, budgeting and supervision of eight sales associates in the Mel Foster Co. Clinton office.  The company has eight residential real estate offices.

Lynsey Engels, president, real estate brokerage said, “We are thrilled to have Charlotte in the role of Managing Broker.  Her knowledge of the real estate industry and her active role in assisting agents as they learn, and grow have prepared her for her new role.”

Ms. Courtney is a licensed managing broker in Iowa and a designated managing broker in Illinois. During her 10 years as a sales associate with Mel Foster Co., Charlotte earned a place in the company’s President’s and Executive Clubs, which recognizes top sales or unit producers.  She is a member of the National Association of REALTORS®, the Iowa Association of REALTORS®, and the Quad City Area REALTORS®, and she serves on the executive board for the YWCA Clinton. Charlotte resides in DeWitt with her husband, Pete, and four children.

Mel Foster Co. Website Recognized for Excellence

Mel Foster Co. has been awarded the Website Quality Certification (WQC) from Leading Real Estate Companies of the World®, a global community of 550 high quality real estate firms in 70 countries. The certification was presented in recognition of excellence in website design, content and functionality.

Mel Foster Co.’s website, melfosterco.com, received high marks in a variety of critical areas relating to website performance, including usability, design, content, interactivity, customer service and mobile responsiveness. The evaluation was conducted by Virtual Results, LLC, a real estate internet and social marketing firm selected by Leading Real Estate Companies of the World® to review the websites of participating members.

The specific measurements for the WQC are updated each year to reflect the most current online marketing strategies, as well as evolving consumer preferences. Companies must be re-certified every two years to maintain the certification.

“We are pleased to recognize the 94 companies that earned the WQC this year. These firms offer consumers valuable resources relating to home buying and selling through well-designed websites with current housing information. They also provide a unique level of local market insights and the first-hand community information that only local market leaders can deliver,” said Leading Real Estate Companies of the World® President/CEO Paul Boomsma.

“We know local consumers have a choice when searching for a buying or listing agent.  We want to continue to offer the best tools in the market to be the top resource for buyers and sellers and to help our agents stay competitive.  Mel Foster Co. feels it is essential to invest heavily in digital marketing platforms and we are pleased that our efforts have been recognized with this international award,” said Lynsey Engels, President Real Estate Brokerage of Mel Foster Co.

Mel Foster Co. is the Quad Cities and surrounding areas representative of LeadingRE (www.LeadingRE.com). With a global membership that spans six continents, LeadingRE connects more than 550 firms and 136,000 sales associates who produce over 1.2 million real estate transactions each year. As a member of LeadingRE, Mel Foster Co. provides a quality real estate experience, global marketing reach and access to top real estate professionals in virtually any market worldwide.

For more information about Mel Foster Co., please visit melfosterco.com.

Mel Foster Co. Celebrates 2022 Achievements

Mel Foster Co. celebrated 2022 at its annual awards event on January 26, 2023. Lynsey Engels, president of real estate brokerage, Marc Engels, president of Mel Foster Insurance, and Rob Fick, president and CEO, collectively honored 109 award winners for their 2022 achievements and released the company’s year-end results.

Mel Foster Insurance, a locally owned and operated independent insurance agency, had another successful year in a challenging insurance market. With insurance rates rising across the region, the agency was able to capitalize on their numerous financially stable insurance company partners to bring insurance solutions to clients. Agency President Marc Engels commented, “The insurance industry continues to see record catastrophic weather events, nuclear liability verdicts, and unprecedented social inflation, affecting premiums for all insurance consumers. Our people and our long-term relationships in the insurance marketplace make us uniquely positioned to find competitive rates while providing professional and local service.”

In an evolving insurance market, the commercial property and casualty department experienced year-over-year growth of 8.9%. Overall, the insurance division saw increased revenue of 6%, and direct written premium was up 5.9%. Mr. Engels said, “I am proud of our entire team for the outstanding service provided throughout the year, which allowed us to retain 98% of our clients in 2022! We appreciate the confidence clients have in us as we recognize we would not be here without their continued business.”  

“In 2023, we will continue to make financial investments in training and professional development for our employees. We will work diligently to be a trusted independent agency in the Quad Cities region that delivers a great insurance experience,” said Mr. Engels.  

As one of the largest land developers in the Quad Cities and surrounding areas, Mel Foster Co. sold 24 residential lots in six subdivisions in 2022. To keep up with the demand, the company has 103 developed residential lots available in inventory for home buyers wishing to build their dream home. In addition to the already developed residential lots, Mel Foster Co. has four additional subdivisions final platted and ready to be developed.  Mel Foster Co. residential agents sold 69 new construction homes or condos in 2022 and the average new construction sales price in 2022 was $455,994, up from $452,734 last year.

Mel Foster Commercial Real Estate Services, led by Thad DenHartog, had over $75 million in commercial real estate sales, down 8.7% from last year. Two of the company’s commercial brokers ranked in the top 10 of the Quad Cities Commercial MLS. Ms. Engels said, “Even with the changing marketplace, the Quad Cities commercial real estate industry saw an increase in interest from outside investors. Despite rising inflation, fears of a recession and supply chain disruptions, the demand for industrial space was still high.”

Nationally and locally, residential real estate continued to experience a lack of inventory and rising interest rates sidelined some buyers and sellers in the year’s second half. Mel Foster Co. had a 5% decline in volume from 2021. The average sales price for the company was up 9.57% from 2022 at $213,588, and the number of days on the market dropped to 27 compared to 37 in 2021.

Ms. Engels stated, “The first half of the year was similar to 2021. Buyers experienced strong home prices, limited inventory, and a relatively fast-moving environment. As interest rates increased, inflation skyrocketed, and inventory remained tight, the market changed in the last half of the year. Our agents still successfully closed deals with those challenges.” On average, Mel Foster Co.’s agents closed 13.5 transactions (buy or sell) in 2022, which is higher than the national average according to the National Association of REALTORS® (NAR).

Across the eight residential office locations within Mel Foster Co., the company had a combined 11 agents in the top 10 of their respective residential MLS. Ten agents were named on RealTrends America’s Best Real Estate Professionals list, which honors the finest real estate agents from across the country.

The website, MelFosterCo.com was named one of the leading real estate websites in the nation. The website was recognized for its community section by the real estate industry publication RealTrends Website Rankings, which highlights the top real estate websites across the country in six total categories in an annual brokerage website ranking. A team of technical experts specializing in website design, structure, and functionality analyzes the sites. Mel Foster Co. earned the 2022 Top Workplaces in the USA and Top Workplaces in Iowa, a partnership with The Des Moines Register and Energage.

Fick welcomed 17 new agents/staff and congratulated five other agents/staff on their retirements during the awards. Twenty-two agents were recognized for volunteering on real estate association committees or boards at the local, state, or national level. Forty-one agents and staff were thanked for their years of service with the company, totaling 660 years of combined service. Across all three company divisions, the median years of service among staff/agents is 13.5 years. This number is nearly double what other companies experience, according to NAR. Fick commented, “Our years of service marker indicates that our agents, producers, and staff have collectively created a culture that I am proud of.  We invest in new technology and new products to help our agents and producers find success at Mel Foster Co. We are always seeking talented professionals to join our team.”

Throughout its 100-year history, Mel Foster Co. has prioritized giving back to the communities it serves.

Mel Foster Co. continued its Think.Buy.Be.Local campaign in 2022. In support of this initiative, the company raised money to support local families by participating in the River Bend Foodbank Community Hunger Drive. Mel Foster Co. supported multiple families in need over the holidays, made and delivered baskets to seniors, partnered with WQAD for a school supply drive, held a blood drive with ImpactLIfe, donated to Quad City Animal Welfare Center through a partnership with WHBF, and collected toys and money for Toys for Tots. Mel Foster Co. agents and staff supported over 160 local businesses during Small Business Week, a 62% increase from last year. The company partnered with local breweries and coffee shops in its communities by providing its agents and staff with branded Mel Foster Co. growlers for a complimentary fill on the company at those establishments. The company is also the three-peat defending champion of the Quad-City Times Bix 7 Brady Street Corporate Sponsor Challenge. Ms. Engels stated, “It’s a privilege to work with our staff and agents with opportunities to give back and support local businesses.”

Engels closed the awards by thanking the agents and staff for their continued perseverance, loyalty, and commitment to clients. “We don’t know what challenges 2023 will bring, but our dedicated professionals will be ready to serve our communities.”

For a complete list of award winners, visit https://www.melfosterco.com/agent-achievements

Small Business Week Success

As a company with a long history of giving back to the communities they serve, Mel Foster Co. is proud to announce the results of its Think.Buy.Be.Local Small Business week challenge.  Each year, Mel Foster Co. agents and staff are encouraged to support local businesses in the neighborhoods where they live, work, and play during Small Business Saturday.  For 2022, Mel Foster Co. extended Small Business Saturday into a weeklong event to allow more visits to more local businesses.

To help promote the small businesses they love, the agents and staff snapped a photo of themselves shopping, posted to Facebook and tagged the local business and Mel Foster Co.  To encourage participation and further support local businesses, Mel Foster Co. purchased gift cards from local businesses and the agent/staff member shopping and taking photos was entered into a company drawing for each posted photo.

To further help small businesses and add some fun for the company’s agents and staff, Mel Foster Co. provided each person with a custom Mel Foster Co. growler to fill with their beverage of choice from participating businesses. Thirteen local businesses from the Quad Cities and surrounding area joined in by providing growler fills of beer, cider, cold brew coffee, kombucha or soda purchased by Mel Foster Co.

Mel Foster Co. agents and staff supported over 160 small businesses during Think.Buy.Be.Local week.  Lynsey Engels, president of Mel Foster Co. Real Estate Brokerage, stresses the importance of buying local. “We are a local, family-owned business, so we understand how important it is to shop local and use local service providers. When we all support each other with our business, we build a stronger community where more businesses and families can thrive. We understand the challenges many small business owners have faced in the last two years and know there are still challenges finding staff and sourcing supplies that have risen in cost. That’s why we dedicated a full week to supporting small businesses this year. It’s not something we just get on board with one day of the year or even one week each year. Supporting fellow small businesses is an important part of our culture, and we strive to Think.Buy.Be. Local throughout the year.”

Mel Foster Co. has announced it has earned the 2022 Top Workplaces in Iowa, partnership with The Des Moines Register and Energage, a purpose-driven organization that develops solutions to build and brand Top Workplaces.  The Top Workplaces program has a 15-year history of surveying more than 20 million employees and recognizing the top organizations across 60 markets for regional Top Workplaces awards.” The list is based solely on employee feedback gathered through the third-party survey. The anonymous survey measures several aspects of workplace culture, including alignment, execution, and connection, just to name a few.

“During this very challenging time, Top Workplaces has proven to be a beacon of light for organizations, as well as a sign of resiliency and strong business performance,” said Eric Rubino, Energage CEO. “When you give your employees a voice, you come together to navigate challenges and shape your path forward. Top Workplaces draw on real-time insights into what works best for their organization, so they can make informed decisions that have a positive impact on their people and their business.”

Since its founding over 100 years ago, Mel Foster Co. has become a highly preferred real estate company by top-performing agents and staff dedicated to helping clients buy or sell a home.  The company utilizes a team approach that reinforces the family atmosphere at the offices.  A commitment to supporting fellow family-owned businesses that help build strong communities is one of the core values that agents and staff regularly state as a reason they continue working at Mel Foster Co.

Lynsey Engels, President Real Estate Brokerage commented on receiving this prestigious honor.  “Recognition as a Top Workplace in Iowa is a credit to our agents and staff who support and encourage each other.  The people of Mel Foster Co. make the company a great place to work.  It is an honor for the company to be recognized by our agents and staff.”

For more information about Mel Foster Co., please visit www.melfosterco.com.

Mel Foster Co. Website Recognized For Excellence

Mel Foster Co. has been awarded the Website Quality Certification (WQC) from Leading Real Estate Companies of the World®, a global community of 550 high quality independent real estate firms in 70 countries. The certification was presented in recognition of excellence in website design, content and functionality.

Mel Foster Co.’s website, melfosterco.com , received high marks in a variety of critical areas relating to website performance, including usability, design, content, interactivity, customer service and mobile responsiveness. The evaluation was conducted by Virtual Results, LLC, a real estate internet and social marketing firm selected by Leading Real Estate Companies of the World® to review the websites of participating members.

The specific measurements for the WQC are updated each year to reflect the most current online marketing strategies, as well as evolving consumer preferences. Companies must be re-certified every two years to maintain the certification.

“We are delighted to recognize the 102 companies that earned the WQC this year. These firms provide consumers with essenital resources relating to home buying and selling through thoughtfully-designed websites with up-to-the-minute housing information. As local leaders, they also provide a unique level of local market insights and first-hand community information,” said Leading Real Estate Companies of the World® President/CEO Paul Boomsma.

“Mel Foster Co. feels it is essential to invest heavily in digital marketing platforms and we are pleased that our efforts have been recognized with this international award,” said Lynsey Engels, Mel Foster Co. President Real Estate Brokerage.  Ms. Engels added, “We want to continue to offer the best online tools in the market for our buyers and sellers to search for properties.”

Mel Foster Co. is the Quad Cities and surrounding areas representative of LeadingRE (LeadingRE.com). With a global membership that spans six continents, LeadingRE connects more than 550 firms and 150,000 sales associates who produce over 1.3 million real estate transactions each year. As a member of LeadingRE, Mel Foster Co. provides a quality real estate experience, global marketing reach and access to top real estate professionals in virtually any market worldwide.

For more information about Mel Foster Co., please visit melfosterco.com.

Mel Foster Co. has announced it has earned the 2022 Top Workplaces USA award, issued by Energage, a purpose-driven organization that develops solutions to build and brand Top Workplaces.  The Top Workplaces program has a 15-year history of surveying more than 20 million employees and recognizing the top organizations across 60 markets for regional Top Workplaces awards.” The list is based solely on employee feedback gathered through the third-party survey. The anonymous survey measures several aspects of workplace culture, including alignment, execution, and connection, just to name a few.

“During this very challenging time, Top Workplaces has proven to be a beacon of light for organizations, as well as a sign of resiliency and strong business performance,” said Eric Rubino, Energage CEO. “When you give your employees a voice, you come together to navigate challenges and shape your path forward. Top Workplaces draw on real-time insights into what works best for their organization, so they can make informed decisions that have a positive impact on their people and their business.”

Since its founding over 100 years ago, Mel Foster Co. has become a highly preferred real estate company by top-performing agents and staff dedicated to helping clients buy or sell a home.  The company utilizes a team approach that reinforces the family atmosphere at the offices.  A commitment to supporting fellow family-owned businesses that help build strong communities is one of the core values that agents and staff regularly state as a reason they continue working at Mel Foster Co.

Lynsey Engels, President Real Estate Brokerage commented on receiving this prestigious honor.  “Recognition as a Top Workplace is a credit to our agents and staff who support and encourage each other.  The people of Mel Foster Co. make the company a great place to work.  It is an honor for the company to be recognized by our agents and staff during the unique challenges of the last two years.”

For more information about Mel Foster Co., please visit www.melfosterco.com or their company profile at www.topworkplaces.com. See here for list of award winners.

About Mel Foster Co.

Founded in 1921, Mel Foster Co. is one of the real estate leaders in the Quad Cities region of Eastern Iowa and Western Illinois. With Iowa offices in Bettendorf, Clinton, and Davenport and Illinois offices in Galesburg, Geneseo, Kewanee, Moline and Savanna, Mel Foster Co. serves customers in the bi-state area. The company specializes in residential and commercial real estate sales and offers a wide range of services including insurance, new construction, relocation, farm and land sales, land development, senior services, and career development. Mel Foster Co. is a multi-generational, family-owned business and is proud to continue this 100-year tradition in family leadership. For more information, visit www.melfosterco.com

About Energage Making the world a better place to work together.TM

Energage is a purpose-driven company that helps organizations turn employee feedback into useful business intelligence and credible employer recognition through Top Workplaces. Built on 15 years of culture research and the results from 23 million employees surveyed across more than 70, 000 organizations, Energage delivers the most accurate competitive benchmark available. With access to a unique combination of patented analytic tools and expert guidance, Energage customers lead the competition with an engaged workforce and an opportunity to gain recognition for their people-first approach to culture. For more information or to nominate your organization, visit Energage or Workplaces.

Mel Foster Co. Celebrates 2021 Achievements

Mel Foster Co. celebrated 2021 at a virtual annual awards event on January 27, 2022. Lynsey Engels, president of real estate brokerage, Marc Engels, president of Mel Foster Insurance, and Rob Fick, president and CEO, collectively honored 118 award winners for their 2021 achievements and released the company’s year-end results via video presentation.

Mel Foster Insurance, a locally owned and operated independent insurance agency, continued to expand its footprint in the Quad Cities region with strategic investments and expansion in 2021. In April, the insurance division acquired Capstone Insurance Group in the Cedar Rapids area expanding its presence in Eastern Iowa. To accommodate continued growth, Mel Foster Insurance completed a major remodel to its Davenport headquarters which modernized the entire office and added an additional 2,000 square feet.

In a challenging post-derecho insurance market, the insurance division increased both total premiums written, up 7 percent, and policy count, up 3.9 percent.  Mr. Engels said, “It was an extremely busy year with lots of market disruptions, but we are pleased to achieve 97 percent client retention rate agency-wide. Our entire team work diligently to provide a personalized insurance experience and we can’t thank our clients enough for their loyalty and continued business.” 

“We are glad to get the major storms of 2020 that hit our local communities so hard in the rearview.  It was unprecedented claim counts coupled with shortages in labor and materials and I am proud of how the team and our insurance partners rose to the occasion,” Engels stated. “Through our financial investments, growth, and market expansion we have made critical steps to position ourselves for the long term in this region as a trusted independent agency that can deliver a great insurance experience,” continued Mr. Engels. 

Mel Foster Co. is the largest land developer in the region and continues to expand its existing subdivisions. In 2021, Mel Foster Co. sold 38 lots in four subdivisions. The company plans to release 70 new residential lots in 2022. Mel Foster Co. residential agents sold 75 new construction homes or condos last year. The average Mel Foster Co. new construction sales price was $452,734, up from $401,649 last year.

Mel Foster Commercial Real Estate Services led by Thad DenHartog had over $82 million in commercial real estate sales, up 15.89 percent from last year. Two of the company’s commercial brokers ranked in the top 10 of the Quad Cities Commercial MLS. “We saw another year of positive commercial real estate activity in our market,” commented Ms. Engels. “Despite what is being seen in other parts of the U.S., commercial real estate is very strong in the Quad Cities. Due to supply chain disruptions, the demand for land and industrial space was up in 2021. We expect to see this trend continue in 2022 as the market works to overcome labor and materials shortages.”

Residential real estate continued to experience a lack of inventory nationally and locally however Mel Foster Co. residential boasted a five percent increase in sales volume from 2020. The year was marked by unprecedented competition with many homes receiving multiple offers within days of listing at record high prices. The average sales price for the company was up 10.5 percent from 2020 at $194,933, and the number of days on the market was 37 compared to 58 in 2020. On average, Mel Foster Co.’s agents closed 15 transactions (buy or sell) in 2021, which is higher than the national average according to the National Association of REALTORS® (NAR).

Ms. Engels stated, “Last year was a unique time in real estate. Buyers experienced skyrocketing home prices, limited inventory, and a fast-paced sales environment. Low mortgage rates worked in buyers’ favor, and our experienced agents were able to successfully close deals despite the high level of competition.”

Across the eight residential office locations within Mel Foster Co., the company had a combined nine agents in the top 10 of their respective MLS. Thirteen agents were named on RealTrends America’s Best Real Estate Professionals list that honors the finest real estate agents from across the country.

As part of its commitment to integrating technology with new services, Mel Foster Co. partnered with MooveGuru to provide buyers and sellers a free, value-added service. MooveGuru is an automated concierge platform that sends move-related, money-saving offers to new homeowners via emails. It helps them connect with utility providers and home services to make moving less stressful.

Melfosterco.com was awarded the Website Quality Certification from Leading Real Estate Companies of the World®, one of 107 companies to earn the recognition of excellence for website design, content and functionality.

Fick welcomed 19 new agents/staff and congratulated 12 other agents/staff on their retirements during the virtual awards toast. Nineteen agents were recognized for volunteering on real estate association committees or boards at the local, state or national level. Forty-five agents and staff were thanked for their years of service with the company, totaling 680 years of service. Across all three divisions, the median number of years of service among staff/agents is 15.5 years. This number is nearly double what other companies experience, according to NAR. Fick continued, “We are proud of these milestones and appreciate the loyalty our agents and staff continue to show Mel Foster Co. Many agents have long-standing relationships with their clients, serving them or their families multiple times over the years. These valued relationships and the trusted guidance our agents and staff share with clients are key factors to the success of our 100-year-old company.”

Throughout its 100-year history, Mel Foster Co. has made it a priority to give back to the communities it serves. In honor of 100 years in business, the company donated $100,000 to local charities and organizations. Twenty of those charities/organizations were selected by the company’s agents and staff to receive monetary gifts in 2021 in honor of the centennial celebration.

Mel Foster Co. agents and staff pledged to donate 1,000 hours of volunteer service in 2021 to charities and organizations of their choice to complement the corporate financial gifts to the community. The agents and staff exceeded that goal by over 400 percent, with an average of 17.5 volunteer hours per person. Ms. Engels stated, “It’s heartwarming to see how much our agents and staff care and want to make a difference in the communities and with the organizations that they are passionate about.”

Mel Foster Co. continued its Think.Buy.Be.Local campaign in 2021. In support of this initiative, the company raised money to sponsor over 40,000 meals for local families by participating in the River Bend Foodbank Community Hunger Drive. Mel Foster Co. provided over 300 coats to various non-profit organizations, adopted multiple families in need over the holidays, made and delivered baskets to seniors, partnered with WQAD for a school supply drive, held a blood drive with the ImpactLIfe, and collected toys and money for the annual Toys for Tots drive. Mel Foster Co. agents and staff supported over 100 local businesses during Small Business Week. The company is also the defending champion of the Bix 7 Brady Street Corporate Sponsor Challenge.

Fick closed the awards with a virtual toast thanking the agents and staff for their continued perseverance, loyalty and commitment to clients. “The success we enjoyed together as a company during our 100th year would not have been possible without our clients. We look forward to serving the community during the next 100 years.”  

For a complete list of award winners, visit https://www.melfosterco.com/agent-achievements

About Mel Foster Co.

Founded in 1921, Mel Foster Co. is a recognized leader for real estate and insurance. Mel Foster Co. Real Estate specializes in residential and commercial sales and offers services for a broader spectrum of property transactions including farm and land, land development and management, relocation and new construction. Visit www.melfosterco.com for more information.

Mel Foster Commercial Real Estate Services is a leading commercial brokerage firm specializing in office, industrial, retail, land and consulting services in Eastern Iowa and Western Illinois. Visit www.melfostercommercial.com for more information.

Mel Foster Insurance, a full-service, independent agency with dedicated professionals focused on serving clients with solutions for business risk management, employee benefits, individual/group retirement planning and personal insurance. It was founded in 1932 and represents over 25 of the region’s most financially stable insurance carriers and offers coverage for personal and business clients. Visit www.melfosterinsurance.com for more information.


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