Mitch
Teal
PRINCIPAL BROKER |
Beginning
my career as a real estate Agent for McNary Real Estate
in 1979 as a “part time” sales and marketing
“professional” while employed full time at Caterpillar
Industrial, Inc. in Dallas, Oregon was ambitious but perhaps
ill advised in a time of 18% to 21% interest rates. A decision
later reconsidered when the license to practice was placed
on an inactive status for a few years.
During
those years, a home, a marriage, two children and divorce
kept life busy and interesting, perhaps the most challenging
of which was the role as the single custodial parent for
my wonderful late in life, son who is now grown and out
of the house too.
Later when the market conditions improved,
the college education complete, and real estate credentials
refreshed & updated…the real estate broker’s
license was renewed…as was the real estate focus.
This time I aligned myself in both, home re-sales and new
construction, taking a position with a new home development
firm that was developing subdivisions and building homes
as well as working on re-sales throughout the Willamette
Valley. Although educational, the development firm started
to experience difficulty and it was clearly time to move
on to areas of greater interest before becoming too deeply
entangled in their internal issues.
Always interested in making the most from
what was available combined with having a rural background,
is what probably heightened my interest in Oregon Land Use
Law…that and the fact that my mother worked for 25
years in the Polk County Assessor’s Office during
my upbringing on the family farm. The highest and best use
(HABU) of property always made “CENT$” to me
so it seemed that I had found a new area in which to assist
property owners.
Whether converting a newly signalized corner property
from a residential use to a highly profitable gas station
& convenience store for Space Age Fuel or an old wood
mill site into a shopping and professional center known
as Jasper Crossing in Polk County, making more from the
same is always a rewarding accomplishment.
The years of success have been recognized
while working for some of the largest real estate companies
in the region or nation. In the early times, while at the
Lutz Snyder Company (now Prudential NW) many listing volume
awards were received, but lists don’t always equate
to earnings and the consolidation of Lutz Snyder into the
Portland Prudential network required relocation into a different
office environment. Salem’s Prudential Real Estate
Professionals (PREP) owned locally by Dan Chandler quickly
rose to the top of the firms under consideration.
While at PREP the desire to concentrate
on commercial real estate was stressed and eventually facilitated
by the PREP’s ownership. During the 10 plus years
with the nation’s largest real estate firm the “earnings
awards” began to arrive, culminating in several Quarterly
Sales Volume awards, Prudential’s Leading Edge Society,
Prudential’s Presidents Circle, both annual national
awards. A change in ownership and structure at PREP required
relocation of my real estate practice which resulted in
a contractual agreement with RE/MAX Equity Group for a period
of thirteen months before beginning my own company on January
1st, 2004…Commercial Investment Associates was at
that time legally formed.
Over the years, having been involved in
several community service and volunteer activities including
being elected to a local public office. I served on the
Salem Realtor’s Association Board of Directors for
many years and in 2003 was awarded the Bill Frey Memorial-Commercial
Transaction of the Year award. Later the Salem Association
of Realtors (SAR) recognized me as their 2006 President
and in 2007 awarded me with the honor of being the Realtor
of the Year. Although many other accolades have been given
over the years, I strive and pride myself on remaining humble.
As a Marion County Private Sector Representative
of the Mid-Willamette Valley Advisory Commission on Transportation
(MWACT) and a member of the Board of Directors for the Oregonian’s
In Action Education Center, I attempt to stay informed on
and up to date with, changes made through the governmental
process in my home state of Oregon. Honestly an ongoing
challenge.
My philosophy is simple…
Work hard, consider the impact on others, extend kindness
when the opportunity presents itself, always keep the confidence
of others, be honest and don’t worry about the money,
things will take care of themselves. Important in maintaining
the vision…don’t make excuses…over time,
good things will result.
Perspectives have been formed over the years by
life in, and experience with…the following:
Native Oregonian knowledgeable in Land Use, Wetland and
Wildlife Habitat Regulations.
Experienced in land development for commercial, residential
and rural uses.
Familiar with State, County & City Transportation development
and their decision makers.
Accustomed to the site evaluation, comparison, and analysis
process of national accounts.
Artful negotiator, mindful of individual perspectives and
existing client relationships.
An experienced team leader, liaison and facilitator.
Project follow-through from dirt to dream realization.
Involved in several State Ballot Measure # 7, # 37, &
finally # 49 restoration of property rights.
EXPERIENCED WITH CLIENTS SUCH AS:
• Auto Zone, Inc.
• Salem Child Development Center(s)
• Space Age Fuel
• Marion and Polk Schools Credit Union Location(s)
• Roth’s Family Market(s)
• Oregon State Bridge Construction
• Western Tool & Supply
• Yakima Valley Farm Workers Clinic
• Elwood’s Tree Service
• Jasper Crossing, LLC
• Jenrae Development
• Salem Area Mass Transit District
• Bronze Planet Tanning Salon(s)
• Coates Farms Family Trust
• Gray Log Shop, LLC (Seaside, OR)
• White Family Trust (Vale, OR)
• Big Tree NW, Inc.
• Java Crew Coffee
• Taco Bell Franchise(s)
• Shelton Development, LLC
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