IDECC Certification
Certified Distance Education Instructor, CDEI (https://www.idecc.org/cdei.cfm)
© 2024 Scheidt Commercial Realty LLC
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
RANDY WITH BENJAMIN CARTER, EXECUTIVE DIRECTOR
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 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
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.
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.
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.
RANDY WITH MIBOR CEO SHELLY SPECCHIO
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.
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
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
JOHN SAMBY, 2019 NAR PRESIDENT, PRESENTS RANDY WITH THE NAR HALL OF FAME AWARD
RANDY ELECTED AS 2025 NAR FEDERAL TAXATION COMMITTEE CHAIR
A RARE HONOR TO CHAIR A NAR COMMITTEE 5 TIMES