Richard A. Olson
Richard A. Olson & Associates


Over 40 Years of Experience

I specialize in land sales and trades, and have sold over 36,000 acres, commercial and residential real estate sales, farm machinery auctions, farm land auctions as well as estate and household auctions. Over the past forty years, I have gained many contacts with other people in these various businesses, so I am always up-to-date on the current values. Involved in Real Estate sales full-time also gives me a current knowledge of land, residential and commercial values. My Real Estate office consistently sells 2000 or more acres of land each year and has conducted many Land Auctions over the past several years.

I was born and raised on a farm East of Morris, Illinois. I owned and managed my own farming operation for 28 years, farming 1,800 acres annually. I graduated from Reppert Auction School in 1968 and obtained my real estate license in 1989. Having sold my farming business in 1995, I was then able to concentrate on my real estate, auction and personal property valuation business.

1998 Graduate of Real Estate Brokers Class Received Illinois Real Estate Brokers License
1990 Graduate of Lincoln Graduate Center, Chicago IL Farm/Land Appraisals
1989 Graduate Real Estate Sales Course Real Estate Education Co., Chicago IL
1968 Graduate Reppert School of Auctioneering Decatur IN

Richard A. Olson & Associates, Inc. — Real Estate and Auction Agency
I have been a realtor since 1989, specializing in Farm Land and Development property. During these years, I earned awards for total sales in ‘97, ‘98, ‘99. ‘00, ‘02, ’03 & ’04 (having not submitted my figures in 2001). I have been consistently in the Top Ten of Will-Grundy Association of Realtors which consists of over 1000 realtors.
I obtained my Brokers License in 1998 and opened a new office in Morris, Illinois on February 05, 2001 providing Full Service Real Estate and Auction services.

Farm Land — Commercial — Residential — Property Valuations

Property Valuation Service: With auctioneering and farming backgrounds, I have obtained and maintained an expertise in valuating market value on machinery.
Auction Service:
As an auctioneer since 1968 and owner of my own auction agency, I have sold many millions of dollars worth of farm machinery, real estate and personal property.
Grundy County Board: I served 10 years on the board—involved in all aspects of the business of keeping a county operating. First elected in 1992, I decided not to run for a 4th term in order to devote more time to my clients.
Grundy County Chamber of Commerce: I served on this board from 1997 through 2002.

Current Memberships:
Illinois Association of Realtors
Will-Grundy Association of Realtors
Three Rivers Association of Realtors
Illinois State Auctioneers Association
National Auctioneers Association

Real Estate Awards: I have sold over 36,000 Acres of Land by Auction and Private Treaty.

1994 - Gold Award for over $3 million in Sales
1995 - Platinum Award for over $4 million in Sales
1996 - Diamond Award for over $5 million in Sales (Highest Award in President’s Club)
1997 - Diamond Award for over $5 million in Sales
1997 - Will-Grundy Realtors “Top Ten” Award (Placing in the Top 10 in Sales for both counties for over $7 million in sales in competition with over 1000 realtors)
1998 - named Grundy County’s top Salesman
1998 - Will-Grundy Realtors “Top Ten” Award Placing in the Top 10 in Sales for both counties for over $8 million in sales)
1999 - Grundy County’s Top Salesman—$6.9 million
2000 - Grundy County’s Top Salesman Will-Grundy counties “Top Ten” Award with over $11 million in sales.
2002 - Prestigious Top 10 Award—placing 7th in Will and Grundy counties combined with over $17 million in sales
2003 - Prestigious Top 10 Award—placing 4th in Will and Grundy counties combined with over $22 million Listed and Sold.
2003 - Grundy County's Top Salesman
2004 - Prestigious Top Salesman Award—placing 1st in Will and Grundy counties combined with over $20 million Listed and Sold.

Awards were discontinued in 2005.



Richard A. Olson Associates


531 W. Bedford Road, Suite A, Morris IL 60450
PH (815) 942-4266 • FX (815) 942-4654 •