Mel Foster Co. Receives Relocation Recognition

MF LOGO WITH LRE LOGOLynsey Engels, President, Real Estate Brokerage at Mel Foster Co. Inc. is pleased to announce that their Relocation Division, lead by Deb Boland, has been recognized as a recipient for the 2014 Global Alliance Club by Leading Real Estate Companies of the World®.

Leading Real Estate Companies of the World® is a global network of over 500 premier real estate firms.  Leading RE is comprised of select independent real estate companies who set the standard of quality service, while generating a highest volume of referral, relocation, and real estate business opportunities for its members.

Mel Foster Co.’s Relocation Department is one of 37 real estate companies to receive this honor.  In order to be a part of this prestigious club, at least one referral must be sent and closed across country borders. The referral was to Alberta, Canada, therefore Mel Foster Co. can make it happen anywhere.

Mel Foster Co. Helps Fight Hunger

Student Hunger Drive
Supporting our Hungry

Mel Foster Co. conducted an internal food drive to support the community’s Student Hunger Drive.  Its agents and staff contributed 7,684 pounds of food for the 2015 Student Hunger Drive Corporate Challenge.  That is an average of over 25 pounds per person.  The total pounds raised earned Mel Foster Co. the gold award for the Student Hunger Drive.  Their insurance division won the internal food drive.

“We are thrilled to win the gold award  for our company size category this year.  We are happy to see our agents and staff rally behind this important community cause, supporting the hungry and those in need.” says Lynsey Engels, President of Brokerage Division of Mel Foster Co.

Mel Foster Co. Receives Website Quality Certification

Mel Foster Co. Earns Designation
Mel Foster Co. Earns Designation

Mel Foster Co. has been awarded the Website Quality Certification (WQC) from Leading Real Estate Companies of the World® , an international network of more than 500 premier real estate firms. Leading Real Estate Companies of the World® (LeadingRE) presents the certification to member companies that demonstrate best practices in website design, technology and service.

Mel Foster Co’s website, www.melfosterco.com, earned the certification after achieving superior marks on a range of measurements, including usability and performance, design and content, interactivity, customer service and Internet lead management, search engine optimization and mobile. The website was evaluated by Virtual Results, LLC, a real estate internet and social marketing firm enlisted by LeadingRE to review the websites.

WQC is a program available only to firms affiliated with Leading Real Estate Companies of the World® and is awarded based on criteria that is updated annually to reflect the latest in internet marketing strategies. To maintain the certification, companies are re-certified every two years.

“We are delighted to recognize the 117 companies that earned the WQC this year and applaud them for creating websites that attract and engage today’s consumers, providing useful information on homes and communities and supporting them with local expertise,” said Leading Real Estate Companies of the World® President/CEO Pam O’Connor.

“We are thrilled to receive this designation again as we continually enhance our website to ensure users are getting the best possible experience and pertinent details from our site,” said Mel Foster Co. President of Brokerage, Lynsey Engels.

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

 

MEL FOSTER CO. CELEBRATES SALES GROWTH

MF LOGO ONLY COLORMel Foster Co. held its annual awards reception last night at the Waterfront Convention Center in Bettendorf, Iowa. Rob Fick, President & CEO, Lynsey Engels, President Real Estate Brokerage and Marc Engels, President of Mel Foster Insurance, presented awards to 115 agents who were recognized for achieving membership in the company’s different sales club levels including Chairman, Executive, President and Honor. Top honors were awarded to:

Thad DenHartog – Commercial Top Sales

Diana Franks – Residential Illinois Top Sales

Brad Boeye – Residential Iowa Top Sales

Mike Smith – Insurance Top Producer

Dedicated agents and staff are the foundation for success at Mel Foster Co. Inc. Building on the momentum of a strong 2013, Mel Foster Co. Inc. had a solid 2014, including an exceptionally impressive year for Mel Foster Commercial Real Estate Services. Combining all three divisions of Mel Foster Co. Inc. (Residential Real Estate, Commercial Real Estate and Insurance), the total sales volume increased by over 4 percent from 2013 which is a record year.

Mel Foster Commercial Real Estate Services set a new company sales record with a 31 percent increase over last year’s record sales volume. Lynsey Engels reported that the brokers of the commercial division closed an average of over 10 million dollars per broker. She praised the commercial division and said, “This past year was phenomenal for our commercial division, the best total sales volume recorded in our history. Based on the year’s closed commercial transaction production, our commercial division ranked number one in the CMLS (Commercial Multiple Listing Service) for 2014 capturing over 43 percent of the total commercial sales volume.  Many of these 2014 transactions will have a significant impact on the future growth and development of the Quad Cities and surrounding region and that is something we are very proud of.”

Mel Foster Co. residential real estate ranked number one in the Quad Cities MLS with over one third of the total sales volume for this region. The average 2014 sales price for Mel Foster Co. residential real estate was $152,885, an increase of 3 percent from last year.

New construction continued to be good for the Quad Cities housing industry. Last year, Mel Foster Co. residential real estate predicted new construction sales to be strong in 2014 and that forecast met this expectation. Lynsey Engels said, “We positioned ourselves to meet the new construction demand in our region by launching four new subdivisions in 2013 and we closed 43 new residential lots in those subdivisions.”

Mel Foster Insurance continues to build off of a record setting year.  Marc Engels commented. “Any time you reach new levels, the big question is can you keep the momentum going.  Our continued success can be attributed to our staff, producers, and the local clientele we work with each day.” In 2014, results continued to trend upward as direct written premiums grew 8 percent, policy count was up over 6 percent, and the agency added 791 new clients. With a range of product offerings from Personal and Commercial Property/Casualty to Employee Benefits, Mel Foster Insurance saw positive contributions from all departments this past year.  Marc Engels also stated, “We continue to focus on innovative solutions, while remembering that most importantly, our clients want a customized, personal insurance experience.  When you look back on the year, you realize that the accomplishments our division is most proud of don’t show up on the financials, but in our role as a community stewards.”

“In 2014, we welcomed 41 new agents and staff, and 12 individuals are enrolled in our upcoming pre-license classes. With job creation continuing to increase, mortgage rates falling, and healthy increases in home sales prices, the outlook for the housing market in 2015 looks bright,” commented Rob Fick. Optimistic about Mel Foster Co.’s future, Engels also mentioned the hiring of its Director of Business Development to continue the emphasis on recruiting and training new agents with exceptional education programs and tools. Engels added, “The agents are the true lifeblood of our company’s success so it is a key focus to ensure they have great technology and training opportunities to provide the consumers with the best experience.”

Mel Foster Co. Hires Mandsager as Director of Business Development

Mel Foster Co. recently named Shannon Mandsager as its Director of Business Development.  Lynsey Engels, President of Real Estate Brokerage at Mel Foster Co. is pleased to welcome Ms. Mandsager to this key position on its growing team.  Ms. Mandsager was previously with a local bank and has a long track record in retail sales and marketing.

Ms. Mandsager will take the lead working with the management team and agents to build and execute a partnership strategy and opportunities that will enhance Mel Foster Co.’s market footprint and accelerate the growth of the company.

Engels comments, “I am very pleased to welcome Shannon to Mel Foster Co.  She is an excellent fit and will bring a new level of energy to our staff and agents.  In an industry where new tools and technology are introduced on a daily basis, Shannon will be in charge of navigating these new ideas and keeping them in the forefront of agent’s minds to enhance their business in an effort to maintain a high level of service to our customers in the Quad City and surrounding areas.”

She was born and raised in Eldridge, graduated with honors in Business Administration with an emphasis in Marketing and Sales from University of Wisconsin-Platteville.  Ms. Mandsager will be licensed in Iowa and Illinois and works out of the corporate office at 3211 E. 35th Street Court in Davenport.

Color the Quads Announces 2015 Charity Recipients

2015 Charity Recipients Announced
2015 Charity Recipients Announced

Mel Foster Co. Color the Quads is pleased to announce the charity recipients for the third annual Color the Quads race to be held on Saturday, May 30, 2015. Color the Quads donated proceeds to three local charities this year, and in 2015, three local charities will again benefit from the race proceeds.  The 2015 charities are Bethany for Children & Families, Gigi’s Playhouse and Hand-in-Hand.

Bill Steinhauser, Bethany for Children & Families President/CEO said, “Bethany for Children & Families is deeply honored to be chosen by Mel Foster Co. as one of the charities to benefit from the 2015 Color the Quads race event. The funds raised by Color the Quads will support the agency’s mission to keep children safe, strengthen families, and build healthy communities.”

“GiGi’s Playhouse Quad Cities is honored to partner with Mel Foster Co.’s Color the Quads in 2015.  GiGi’s Playhouse is all about family, community, and positive energy and the same can be said for this one-of-a-kind Quad Cities event.  We look forward to a wonderful year with the Color the Quads Team,” said Michelle Hornbuckle Hughes, Site Manager of Gigi’s Playhouse – Quad Cities.

“Hand In Hand’s hours of service for school age children and young adults with disabilities grew by 25% last year.   Being selected by Mel Foster’s Color of the Quads means we can respond to the needs of these Quad City families”, added Mark Smith, CEO of Hand-in-Hand.

Lynsey Engels, President of Mel Foster Co. Brokerage Division and Color the Quads Committee Chair, said, “We are thrilled to partner again with three wonderful charities on this super event.  We look forward to some new exciting twists for 2015 as planning is already under way!”

The 2015 Color the Quads 5K will take place on Saturday, May 30 near Cumberland Square at 2300 Spruce Hills Drive, Bettendorf, Iowa. Registration fees and sign up date will be announced before the end of this year. Stay tuned at www.colorthequads.com for more information.

About Mel Foster Co. Inc.

Mel Foster Co. is a recognized leader for real estate and insurance. Mel Foster Co. Real Estate specializes in residential sales and offers services for a broader spectrum of property transactions including commercial, farm and land, land development and management, relocation and new construction. Founded in 1921, it is one of Iowa’s largest independently owned real estate companies. Mel Foster Insurance was founded in 1932 and represents over 25 insurance carriers and offers coverage for residential and commercial clients. Visit www.melfosterco.com for more information.

GiGi’s Playhouse – Quad Cities

GiGi’s Playhouse is an established series of Down Syndrome Achievement Centers.  Serving children and adults of all ages, each Playhouse provides educational and therapeutic programs at no charge to families; and in a format that individuals with Down syndrome learn best.  All programs aim to maximize self-confidence and empower individuals to achieve their greatest potential!  GiGi’s Playhouse programs motivate our participants to give their “Best of All” and each Playhouse makes a lifetime commitment to their families. For more information about the Gigi’s Playhouse, visit www.gigisplayhouse.org/quadcities.

About Bethany for Children & Families  

Bethany for Children & Families is a non-profit child welfare and social services agency that meets the critical needs of children, families, and individuals. Services include adoption, foster care, child welfare, counseling and therapy, education, transitional housing for homeless youth and families, and dental care for children. The agency has served children in the Quad City community since 1899. For more information about Bethany for Children & Families, visit www.bethany-qc.org. 

About Hand-in-Hand

Hand In Hand serves children and young adults, including those with disabilities. We provide programs such as childcare, summer camps, teen programs, a bowling league and even an adapted Girl Scout Troop.  As Hand In Hand offers activities for individuals with disabilities, we also provide critical support for their families so they can be successful at work and at home.  Hand In Hand also has a growing number of volunteer opportunities, especially for young adults in our community.  These young adults not only assist our Hand In Hand participants, but they also create an inclusive experience where typical students and individuals with disabilities interact in a positive way. Visit www.handinhandqc.org for more information about Hand In Hand.

 

Supporting Our Hungry

Student Hunger Drive
Supporting our Hungry

Mel Foster Co. is proud to participate again in the Student Hunger Drive Corporate Challenge.  The competition kicks off today and runs thru February 28.

Each Mel Foster Co. office is conducting an internal food drive by collecting donations of money and/or canned food items for the Student Hunger Drive.  For last year’s corporate challenge, Mel Foster Co. received the Bronze Award for Division C and their commercial division won by averaging 116.84 pounds per person.

“Being a community partner means supporting those in need”, says Lynsey Engels, President of Brokerage Division of Mel Foster Co.  She added, “Mel Foster Co. is proud to continue our tradition of supporting the Student Hunger Drive, and our agents and staff look forward to helping create awareness in the fight against hunger in our area.”  To help the cause, you can drop off food at any of the Mel Foster Co. real estate offices or the insurance office.

Mel Foster Co. Toasts Historic Year

Fick Family announcing their biggest year in company history
Fick Family announcing their biggest year in company history

Mel Foster Co. held its annual awards reception last night at the Waterfront Convention Center in Bettendorf, Iowa. Lynsey Engels, President Real Estate Brokerage and Marc Engels, President of Mel Foster Insurance presented awards to 122 agents that were recognized for achieving membership in the company’s different sales club levels including Chairman, Executive, President and Honor. Top honors were awarded to:

Thad DenHartog – Commercial Top Sales

Diana Franks – Residential Illinois Top Sales

Geri Doyle – Residential Iowa Top Sales

Joe Ertel – Insurance Top Personal Lines

Mike Smith – Insurance Commercial Top Producer

Mike Kessel – Insurance Top Employee Benefits

Combining all three divisions of Mel Foster Co. Inc., the total sales volume increased by 9.21 percent from 2012, surpassing the total sales of 2005, when the market was at its peak, and making it the biggest year in the history of the 93 year old company. Rob Fick attributed Mel Foster Co.’s success to dedicated staff and agents, who continue to build and maintain relationships within their teams and outside of the company. Fick also attributed the increase as a reflection of a strengthening economy and higher consumer confidence in 2013. “I am very proud of what the company accomplished this year. I know Mel Foster Jr. would be equally proud to see us continuing his vision of forward progress and leadership in this community. We’re starting 2014 with great optimism and a stronger economy than in years past, and I anticipate 2014 to be another year of growth for Mel Foster Co. We were fortunate in 2013 to welcome 39 new agents and staff, and 28 individuals are currently enrolled in our pre-license classes,” commented Fick.

Mel Foster Co.’s residential real estate sales increased by nearly 8 percent from 2012. The average sale price for Mel Foster Co. residential real estate was $148,278, a 1.18 percent increase from last year.

New construction sales are predicted to be strong in 2014. Lynsey Engels said, “We are expecting the real estate market as a whole to continue moving forward, with new home construction heavily influencing home sales volume. We are positioned to meet demand for new construction in our area and are pleased to announce that we will be launching four new subdivisions in 2014 coupled with the four that were launched in 2013. We closed 85 new residential lots last year and will have another 146 lots available in 2014.”

Mel Foster Commercial relocated to the Elmore Office Park in the spring of 2013. Engels reported that agents in the commercial division closed an average of over six million dollars per agent. After having their best year last year since 2005, Mel Foster Commercial still had a one percent increase in sales from the previous year.

Mel Foster Insurance had the biggest year in the history of the company. Marc Engels commented, “We have introduced a lot of new processes throughout the division and our agents and staff have done a great job adapting to the ever-changing insurance markets. Much of our growth can be attributed to our strong carrier representation which has allowed us to secure new business relationships in the Quad City market.” Direct written premiums were up 44.8 percent since 2009 and the insurance division has been able to more than double its employee benefits department. Engels added, “To continue to build each year is a testament to our team’s ability to meet the expectations of our Quad Cities and surrounding area clients.” In 2013, the personal insurance lines department’s sales grew 8.1 percent and the commercial department was up 15.4 percent. Engels also said, “I think individuals and business owners in this market appreciate the consistency, integrity, and professional competence our team brings to the insurance experience.”

Mel Foster Co. invested in multiple technology enhancements in 2013 to help buyers and sellers search for homes more easily. The new website was launched in fall 2013 and a new app was recently rolled out. Internally, agents benefitted from IT upgrades, a more robust intranet site, paperless transactions and enhanced consumer reports with greater details for homebuyers and sellers. Lynsey Engels stated, “We want to make sure that our agents have every tool they need to successfully meet their clients’ needs. We continually invest in technology upgrades and stay current on new features that we can integrate into our systems. With over 90% of people searching for a home online, it’s crucial for our agents to have top of the line technology.”

Relocation Directors Council®

Lynsey Engels, President of the Real Estate Brokerage Division at Mel Foster Co. Inc., is pleased to announce that their Director of Residential & Corporate Relocation, Deb Boland, attended the Relocation Directors Council®  (RCD)’s annual Spring Event.

This year’s conference theme was “In Charge of Change Defining Our Future” and held in San Diego, California in May.

Over 120 relocation professionals from across the country gathered to participate in continued educational training, as well as networking with top industry leaders.  Panelists from Relocation Management Companies and RDC’s Advisory Councils addressed today’s topics pertinent to those who manage mobility, domestically and globally.

Mel Foster Co. Names New President of Brokerage Division

Mel Foster Co. is pleased to announce Lynsey Engels has been named the President of the Real Estate Brokerage Division effective May 1, 2013.
As president, Engels will oversee the company’s ten real estate offices and the relocation division.  She will also be involved in mergers and acquisitions, training, and agent recruiting and retention.
During the last six months, Engels has transitioned from her position as an agent to assume general manager responsibilities.  As an agent, her efforts led to numerous multi-million dollar producer status recognitions in Mel Foster Co.’s Executive Club and Chairman’s Club.  Engels spent 10 years in residential real estate with eight of those working as a team with her sister, Kristi McFate.  A licensed broker in Iowa and Illinois, Engels specialized in new construction and relocation services and was adept at working with first-time home buyers.
Engels is a member of the National Association of REALTORS®, the Iowa Association of REALTORS®, the Illinois Association of REALTORS®, and the Quad City Area REALTOR® Association, where she currently serves on the organization’s board of directors.  She is a member of the Quad City Chamber of Commerce and has served in various leaderhship roles for Junior League of the Quad Cities.  She has been a volunteer for Make a Wish, Junior Achievement, and high school-aged volleyball teams and was named a Leader Under 40 in 2007.  Engels graduated from Purdue University where she was an academic All Big Ten athlete and captain of the tennis team.
Rob Fick, Chairman and CEO of Mel Foster Co., Inc., proudly announced, ‘I am confident Lynsey’s expertise and enthusiasm will enhance our strategic vision to provide more valuable leadership experience to our managers, agents and staff.  Her attention to detail and passion for success will continue to raise the standard of excellence and leadership in our company.”
Engels and her husband, Marc, reside in Bettendorf and have three daughters.


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