Scheidt Commercial Realty founder, Don R. (Randy) Scheidt has worked in Midwestern commercial real estate for decades. He was recently named the first recipient of the ICBR Distinguished Service Award. He has also been awarded the IAR 2020 Realtor of the Year. Randy is a consummate professional who is ready to use his expertise to help you with your commercial real estate endeavors.

Randy Scheidt, CCIM, MAI

Professional Experience

Randy Scheidt founded Don R Scheidt & Co., Inc. Beginning in 1977; he guided the firm for over forty years. In addition, Scheidt Commercial Realty, LLC was established in 2019 to serve future clientele and to assist with personal real estate investments.

Community Service

“I feel a strong commitment to the mission of these organizations that help others in need.” ~ Randy

The REALTOR® Foundation was established in 1984 with the vision that central Indiana’s homeless should have access to safe and permanent housing solutions that positively change their lives. Since its founding, the REALTOR® Foundation has provided more than $3 million to regional nonprofits in the fight against homelessness. ~Realtor Foundation


Established in 1984 by the MIBOR REALTOR® Association, the MIBOR REALTOR® Foundation awards grants to nonprofit organizations solving homelessness in central Indiana. With the support of the local real estate industry, the REALTOR® Foundation has contributed over $3 million to support safe and secure housing solutions for Hoosiers in need.

“Randy has been a dedicated advocate and supporter of the MIBOR REALTOR® Foundation. He served as President of the Board of Directors in 1996 and has since continued to contribute as a volunteer member of the Finance Committee. Randy leverages his expertise in real estate, business, and financial management to assist our organization in achieving permanence and sustainability. A generous donor and fervent community leader, Randy played a crucial role in establishing the Donor Directed Fund, creating grantmaking opportunities for individual donors and ensuring the success of the endowment fund. Randy wholeheartedly shares our vision that everyone in central Indiana has a safe place to call home.”

-Benjamin Carter, Executive Director

Riley Children’s Foundation

Riley Children’s Foundation is the fundraising arm of Riley Hospital for Children at IU Health and the founding organization that opened Riley Hospital in 1924. ~Riley Children’s Foundation

“Randy Scheidt has served as a committed member of the South Central Riley Philanthropy council since 2018. The South Central Riley Philanthropy Council is one of six Riley Philanthropy Councils across the state of Indiana. These councils exist to garner high level statewide support for Riley Hospital for Children, Indiana’s only comprehensive pediatric healthcare system.

From 2019 to 2023 Randy served as the Senior Advisor of this group. His role was to lead a group of like-minded business professionals in Columbus including Bartholomew County and the surrounding counties. We are so grateful for Randy’s leadership and appreciate all he does to support Riley kids and their families.”

~ Chris Dial & Michelle Turchan

Riley children's foundation logo


Rotary Club International

Rotary International was a founding partner of the Global Polio Eradication Initiative. Since 1979, the number of polio cases has fallen by 99.9%. They have helped immunize more than 2.5 billion children in 122 countries. So far, Rotary has contributed more than $1.8 billion toward eradicating the disease worldwide.

Don R. (Randy) Scheidt joined the Columbus Rotary Club in 1978. He was President of it from July 1, 1988 to June 30, 1989 He is also a Paul Harris Fellow at the Ruby level.

Professional Organizations

The Appraisal Institute is a global professional association of real estate appraisers, with over 17,000 professionals in almost 50 countries throughout the world. Its mission is to advance professionalism and ethics, global standards, methodologies, and practices through the professional development of property economics worldwide. ~Appraisal Institute

Randy became a Member of the Appraisal Institute (AI) in 1980. He has helped others learn about real estate economics and valuations for many years. Randy was a member of the Education Committee from 2014 through 2017. He continues to serve as an instructor for select courses and seminars for the AI.

  • The Richard E. Nichols, MAI, SRA Lifetime Achievement Award

    2018 HSC

  • The Edward L. White Achievement Award

    2017 HSC

  • President of the Hoosier State Chapter


CCIM Institute

CCIM Institute created the language of global real estate. Join a worldwide community united by education and a drive to advance the profession.

Since its founding more than 50 years ago, the institute has been educating real estate specialists across continents and industry categories. We continue to guide the growth of nearly 8,000 professionals each year. ~CCIM

Randy has served on various committees for Certified Commercial Investment Member, CCIM, since 1988. He is currently appointed to the NAR 2024 & 2025 Public Policy Coordinating Committee Representing CCIM on PPCC.

  • Director of the CCIM Education Foundation

    Randy was the Director of the CCIM Education Foundation from 2008 through 2013

  • CCIM Board

    Randy was a member of the CCIM Board of Directors in 2007.

  • CCIM Strategic Planning Committee

    Randy also worked on the CCIM Strategic Planning Committee in 2007.

  • Jay W. Levine Leadership Development Academy

    Randy completed the academy training in 2004.

  • President of The Indiana Chapter of the CCIM


Indiana Commercial Board of Realtors

The Indiana Commercial Board of REALTORS® is the only statewide board in Indiana dedicated 100% to commercial real estate. ICBR delivers industry specific technology, tools, and advocacy aimed at helping commercial real estate practitioners succeed as professionals. ~ICBR

Randy has been active for the Indiana Commercial Board of Realtors as an instructor for many years and has been selected by ICBR to develop and present programs, serve as moderator, or participate on panel discussions for the annual ICBR Conference.

  • ICBR Distinguished Service Award


  • ICBR President

    Randy served as president of the Indiana Commercial Board of Realtors in 2003

  • ICBR Regional Vice President to The IAR

    Randy represented the ICBR as a Regional Vice President to the Indiana Association of Realtors from 2003-2009.

  • ICBR Realtor of the Year

    Randy was awarded ICBR Realtor of the Year in 1997.


MIBOR REALTOR® Association (MIBOR) is the professional association representing central Indiana’s REALTORS®. Founded in 1912, MIBOR was established by 43 charter members and today serves the needs of more than 8,500 members in Boone, Brown, Decatur, Hamilton, Hancock, Hendricks, Johnson, Madison, Marion, Montgomery, Morgan, and Shelby counties. In addition to serving these counties, MIBOR also provides a Broker Listing Cooperative® (BLC®) listing service to REALTORS® in Bartholomew, Jackson, Jennings and Putnam counties. ~MIBOR

Randy cuuently serves as a Commercial Representative on the MIBOR Economic & Community Development Council (ECDC). His term will end on December 31, 2026.  He joined the council in 2015 and served as its chair from 2020-2021. In 2021, Randy was awarded the NAR Commercial Award for his work on MIBOR’s ECDC. He also received two MIBOR 2017 Distinguished Service Awards at the January 2018 Foundation Ball.

Indiana Association of REALTORS®

IAR represents more than 22,000 REALTORS® who are involved in virtually all aspects related to the sale, purchase, exchange, or lease of real property in Indiana. ~IAR

  • 2024 RPAC Trustee

    Randy will serve as a trustee for the Realtor’s Political Action Committee (RPAC) in 2024.

  • 2020 IAR Realtor of the Year

    In September of 2020 Randy was named 2020 IAR Realtor of the Year.

  • IAR Executive Committee Member

    Randy served a three-year term (2017 – 2019) on the Executive Committee of the Indiana Association of Realtors

  • IAR Public Policy Committee Chair

    Randy also served as past Chair of the IAR Public Policy Committee from 2011-2013

  • Chair of the IAR Realtors Political Action Committee

    Randy Scheidt was Chair of the IAR Realtors Political Action Committee in 2011 He currently serves as a Trustee on it

National Association of REALTORS®

The National Association of REALTORS® is America’s largest trade association, representing 1.4 million members, including NAR’s institutes, societies, and councils, involved in all aspects of the residential and commercial real estate industries.  ~NAR

Randy & John Samby


  • 2024 Vice Chair of the Federal Taxation Committee

    Randy currently serves as vice chair of the Federal Taxation Committee. In 2025, he will chair the comittee.

  • Past Chair of the Commercial Federal Policy Committee

    Randy served as committee chair in 2022.

  • Recipient of the 2020, 2021, 2022 National Commercial Awards

    This recognition program honors REALTORS® who received an award or recognition for their exceptional service and contributions to the commercial real estate industry.

    In 2022, Randy received the National Commercial Award for the rennovation of the Ulrich Block building in Columbus, Indiana.

  • Strategic Thinking Advisory Committee Chair


  • NAR Finance Committee Appointment


  • Chair of the Commercial Committee


  • Chair of the Legislative and Regulatory Sub-Committee of the Commercial Committee


Let’s talk about the services you need!