Curriculum Vitae of Richard K. Olsen

Richard K. Olsen

Richard Kevin Olsen

Richard K. Olsen is a licensed real estate broker in Arizona. A New York City native, Olsen began his business career as a stockbroker with the Wall Street firm of Reynolds and Company. From there he moved on to the Madison Avenue firm of Batten, Barton, Durstin & Osborn, where he ran TV advertising campaigns for national consumer goods brands. Woolite, Easy-Off, Black Flag, and Dannon Yogurt are a few of the better-known brands for which he was responsible. In 1973 he relocated to Arizona, settling first in Sedona.

     Olsen graduated from Yale in 1961 with a BA degree in economics and pursued his postgraduate studies in management sciences at NYU’s Bernard Baruch School of Business. He teaches license renewal classes to other brokers and has spoken on real estate matters before the Arizona Association of Realtors, the Arizona Trustees Association, the Arizona Bar, the REO Manager's Association of California, and the National District Attorneys' Association.

     An active volunteer member of the Arizona Association of Realtors, Mr. Olsen served as their PAC Chairman, Legislative Chairman and Executive Committee Member. In 1982 he served as President of the Sedona-Verde Valley Board of REALTORS of which he was a founding broker and was honored as that Board's Realtor of the Year in the same year. While a resident of Sedona Olsen specialized in the listing and sale of luxury retirement homes and building sites.

     In 1988 Olsen relocated his business to Phoenix. Shortly thereafter Governor Mofford appointed him to Arizona's 14-member RTC Advisory Board. Though not an attorney, he is acknowledged to be an expert on trust deeds, and has been certified at one time by the Arizona Department of Real Estate as an instructor to teach the subject. While serving as the Legislative Chairman for the Arizona Association of Realtors he drafted and introduced a bill in the State Legislature overhauling Arizona's trust deed statutes which passed without a dissenting vote.

    Olsen is the president and owner-broker of Allegiance Homes LLC, a company that specializes in real estate "crisis management" in addition to conventional real estate transactions, both residential and commercial. Because of his wide-ranging real estate experience Olsen is often called upon by Arizona's legal and financial communities as a real estate consultant, court-appointed receiver, and witness in cases involving fraud, negligence and standard of care issues.

In the late 1980's, when law enforcement agencies were actively seizing real estate and personal property owned by drug dealers, Mr. Olsen was designated as Receiver by 33 state and local law enforcement agencies and was responsible for managing and selling these properties. In 1993 the United States Department of Justice chose his company to provide the U.S. Marshal's Service with similar real estate management and sales services for their seized properties throughout Arizona.

In addition to serving lenders and attorneys as a Receiver Olsen is licensed as a commercial pilot. He is also a residential developer and accomplished Chinese chef whose idea of relaxation is a weekend on a houseboat on Lake Powell. Mr. Olsen resides in north-Central Phoenix with his wife Sharon in a custom home he designed and built in 1998.

© 2005 -2010 Richard K. Olsen
702 East Orangewood Ave , Phoenix, Arizona USA 85020
(602) 216-6600, Fax : 1-888-252-3832, rko@cox.net
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