Section Image

Richard J. Salem

Sioux City, IA
Salem Real Estate
158 Closed Sales
$38.5M Total Value
$350 - $5M Price Range
$243.5K Average Price
Prior five years

About Richard J.

After becoming the leading residential Broker and Home Builder in the 70’s, Dick Salem has proceeded to dominate the commercial market in the 80’s, 90’s and 2000’s. In 1985, Mr. Salem joined the newly created Commercial Department of a Sioux City real estate Company and chose to specialize in the Commercial/Industrial market in Siouxland. Within one year, Mr. Salem was a multi-million-dollar producer in both sales and leasing of commercial property. In the early 90’s, he became known as “Mr. Commercial” and has earned The President’s Award as a top producer of the Greater Sioux City Board of Realtors since 1988. On October 1, 2000, Mr. Salem revived the familiar Salem logo of the 70’s. He started a new
company called Salem Commercial Real Estate, capitalizing on the expertise and client following he developed in commercial real estate during the previous 15 years. In only a few months, Salem Commercial leased and sold several million dollars of commercial real estate. The company expanded to include two more licensed Commercial Specialists and was the only company specializing exclusively in Retail, Office, and Industrial Real Estate in Siouxland. By October, 2001, Salem Commercial was the largest commercial company in Siouxland and on November 15, 2001, Salem Commercial became the commercial division of United Real Estate Solutions, Inc. In 2017, Mr. Salem elected to keep his main office in Sioux City and revived the Salem Real Estate name by opening his office in Downtown Sioux City. Mr. Salem has negotiated and arranged commercial leases and sales for everyone from “ma’s and pa’s” to the very largest corporations, with an uncanny knack for deal making. He was a board member and twice President of the Greater Sioux City Board of Realtors and was awarded the “Realtor of the Year” for an unprecedented second time in 1998. He is past President of the Iowa Commercial/Land Board of Realtors and has successfully completed Society of Industrial and Office Realtors (SIOR) courses and requirements, receiving the coveted SIOR designations in both Office and Industrial. He has also completed the Certified Commercial Investment Member (CCIM) courses and requirements to complete the prestigious CCIM designation. His knowledge and expertise in the Siouxland commercial marketplace, along with his Administrative Assistants, Mary Wilkens and Jeanette Daugherty, enable Mr. Salem to service his clients in an exceptional way.
Home Types: Lot/Land, Commercial, MultiFamily, House
Years of Experience: 8
Education: MORNINGSIDE COLLEGE, Sioux City, IA Feb 1965,BS Degree, Business Admin & Economics • Society of Industrial & Office Realtors (SIOR) • Certified Commercial Investment Member (CCIM) • Graduate Realtor Institute (GRI) • Certified Property Manager (CPM)

Transaction History

Seller Deals

Total Deals
27
Total Value
$2,934,712
Average Sale Price
$108,693
Price Range
$3K - $760K

Production Over Time

1 Year View by Quarter

Seller Deals

Total Deals
47
Total Value
$9,990,079
Average Sale Price
$212,555
Price Range
$2K - $5M

Buyer Deals

Total Deals
1
Total Value
$1,250,000
Average Sale Price
$1,250,000

Production Over Time

2 Year View by Quarter

Seller Deals

Total Deals
149
Total Value
$30,418,424
Average Sale Price
$204,150
Price Range
$350 - $5M

Buyer Deals

Total Deals
9
Total Value
$8,048,981
Average Sale Price
$894,331
Price Range
$4K - $5M

Production Over Time

5 Year View

Richard J.'s Listings and Deals

Awards and Designations

  • NWIA PRESIDENT AWARD, the highest production/volume award each year given by the NWIA Board of Realtors from its inception since 1994; GREATER SIOUX CITY BOARD OF REALTORS, President, 1990 to 1991 & 2002 to 2003
  • CCIM - Certified Commercial Investment Member
  • SIOR - Society of Industrial and Office Realtors
  • NAR - National Association of Realtors
  • International Council of Shopping Centers (ICSC)
Agent Photo

Richard J. Salem