Licensed in Iowa and Illinois
(563) 505-8652 (cell)
(563) 359-1589 (fax)
Mel Foster Co.
3211 E 35th St. Ct.
Davenport, IA 52807
Iowa and Illinois
Mel Foster Co. is committed to maintaining the standard for excellence and leadership. Our primary goal is to provide the highest level of service to our clients through integrity, professional competence, teamwork, financial stability, and a commitment to our community.
A Message from Our President and CEO, Rob Fick
Welcome - for nearly 90 years, Mel Foster Co. has been earning loyalty, trust and respect through professionalism and our commitment to quality service. Mel Foster Co. is home to approximately 300 experts in ten offices throughout Eastern Iowa and Western Illinois.
At Mel Foster Co., our real estate associates and staff believe in conducting business with honesty and integrity. We believe in providing valued service that exceeds our clients' expectations. Our agents are well trained, knowledgeable advocates, guiding our clients through the home buying and selling processes.
On behalf of our entire team, thank you for selecting the Mel Foster Co. website for your real estate needs. Our web site is your source for real estate information!
Mel Foster Co. Today
Mel Foster Co. has been a driving force behind the growth of the Quad Cities and its surrounding communities for many years. Today, under the leadership of President and CEO Rob Fick and his management team, the company continues to be a leader in the brokerage division in the Iowa and Illinois area. Mel Foster Co.'s comprehensive services set the standard for excellence and leadership in the real estate industry.
With nearly 300 sales associates and 95 employees in 10 offices, Mel Foster Co. helps over 4,400 home buyers and sellers in Eastern Iowa and Western Illinois annually. Residential sales offices are located in:
Commercial real estate transactions are handled by our Bettendorf, IA sales team. And, our land development and insurance offices are located in Davenport, Iowa.
In addition to residential home sales, Mel Foster Co. specializes in Commercial Sales; New Home Construction; Land Development; Farm and Land Sales; Auction; Property Management; Home Warranties; Insurance; and in Relocation Services (including corporate, nationwide, and international) through our relocation network, Leading Real Estate Companies of the World.
Mel Foster Co. History
Mel Foster Co. was founded in 1921, when at the age of 21, Mel Foster Sr. opened a one-man, one-room real estate operation.The company built its first house on Telegraph Road, in Davenport, Iowa in 1927. That home was the first of thousands to be built in the Quad Cities area. By 1936, there were real estate offices in Davenport, Iowa and Moline and Rock Island, Illinois, plus a full service insurance division.
Build It, and They Will Come
Mel Foster, Sr. was the consummate city planner. He peered ahead to the "federal highway" and invested accordingly. He believed that it was important to provide affordable housing and he believed that industry would locate where housing was readily available.
To that end, Mel Foster Co. successfully negotiated major industrial site purchases in the Quad Cities, including International Harvester, Caterpillar, 3-M, Cordova Nuclear Power Plant and ALCOA. At the same time, the company developed subdivisions that offered affordable homes to the families who lived and worked at these businesses.
Mel Foster, Sr. advocated for annexation, expanding the boundaries of Davenport, becoming a key contributor to the physical and economic development of the Quad Cities and surrounding areas.
Continuing the Tradition
Under the direction of Mel Foster, Jr., the company continued its tradition of leadership, including negotiations for major industrial sites such as John Deere Davenport Works, the development of prime office space, as well as major downtown and suburban developments. A pioneer in regional residential developments, the company has continued innovations with numerous large scale subdivisions.Mel Foster Co. is committed to quality in construction and development of residential housing as well as commercial and industrial.
Mel Foster Co. Ranks in the Top 100 for 2008
RISMedia's 21st Annual Power Broker Report & Survey listed Mel Foster Co. as number 78 in their ranking of over 950 national real estate firms. This ranking is the highest of all area real estate companies and also the highest in Illinois behind Chicago area Brokers.Another major industry publication, REAL Trends, has ranked Mel Foster Co. as number 81 of the top 500 real estate brokerages in the country based on closed transaction sides from 2008. In this report, Mel Foster Co. was, again, the highest ranking Iowa company as well as the highest ranking company in Illinois behind Chicago area Brokers.