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David Olsen

Real Estate Salesperson

Coldwell Banker Black Hills Legacy Real Estate

License #: 11274
About David

I have over 45 years of advanced business experience, including the ownership, management, marketing and operations of multi-faceted businesses and industries. After studying Architectural Design at Iowa State and Black Hills State Universities, I began my business career in 1958 as a Contractor, Designer and Installation Supervisor of mechanical systems for a family-owned business, Mellgren’s Inc. In the late 60’s, I constructed, owned and managed three low income housing projects. In 1973, I established numerous corporations, becoming Co-Owner and Director of Operations, and developing, building and operating twelve Taco John’s Mexican restaurants in the Minneapolis-St.Paul region, and four Burger King restaurants at various locations throughout Minnesota, Iowa and North Dakota. I managed all facets of these franchises, including site acquisition, construction, marketing and personnel operations for over 400 employees. Upon divesting my corporations, I relocated to Hawaii in 1980 and opened the first "One Hour Photo" facility in Kihei, Maui. In Hawaii, I chartered Olsen Export Trading Company, sourcing and exporting American products to Japan and establishing partnership offices in Aoyama, Tokyo. In 1990, the firm completed a unique project by which Mount Rushmore (the U.S. "Shrine of Democracy") was replicated in 1/3 actual scale size in Japan's Western Village at Imaichi. The two-year venture involved marketing consultant Dentsu Corporation, Asahi Contractors, high-level diplomatic consultations, and cost over $10 million. I then returned to my home state of South Dakota. In 1992, I accepted the Directorship of Technical/Customer Support for Magnum Diamond Corporation of Rapid City. From 1992 to 1994, I developed the firm's Risk Management Programs, Client Support systems, monitored surgical training issues, product sales and certifications. During my tenure, sales accelerated by over 800%. When the company was acquired by Chiron Ophthalmic and relocated to the west coast, I opted to remain in Rapid City. Between 1995 and 2000, my wife, Carol Rae, and I operated a marketing and media production business in Fort Collins, CO. I entered the real estate market in 2000, employing my diverse business skills to professionally assist buyers and sellers of commercial properties, 1031 Exchanges, farm and ranch properties, and residential properties in and around the Rapid City and greater South Dakota regions. Over the years there have been complicated, colorful, exciting, fulfilling and very unusual transactions that are ever-challenging the creative processes of “doing business”……………Elk & deer hunting properties…….ranchlands for buffalo, cattle, horses………….Deadwood Casinos………….the entire town of Scenic, SD…………..Wounded Knee, SD………….Creekside & Black Hills properties…. Our family priorities include our children, six grandchildren, and 7 great grandchildren. We enjoyed competing in the old western-style Cowboy Mounted Shooting national circuit for 15 years, and as charter members of the Black Hills Cowboy Mounted Shooters Association, Carol & I enjoyed our many quarter horses. In 2003 we joined the British White Cattle breeding program and have continued to enjoy our friendly mama cows, heifers and breeding bulls. Rocky Top Ranch, nestled in our beautiful Black Hills, and only a few miles west of Rapid City, is our private retreat.

Designations
  • REALTOR® National Association of REALTORS®
Spoken Languages

English

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Contact

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.