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Bank Owned Property Jobs (NOW HIRING)

Merchants Bank

Part-time evening Custodian

Winona, MN · On-site

$16.06 - $18.46/hr

This position will involve maintaining the cleanliness of all bank owned properties in Winona by performing various cleaning duties. A valid driver's license is required and housekeeping experience ...

mgx

Part-time evening Custodian

Winona, MN · On-site

$13.75 - $17.75/hr

This position will involve maintaining the cleanliness of all bank owned properties in Winona by performing various cleaning duties. A valid driver's license is required and housekeeping experience ...

Prodigy Properties

Property Manager

Cincinnati, OH

This role will be primarily responsible for managing properties that are bank owned or in receivership. Responsibilities * Oversee, maintain, and inspect all designated buildings and properties

Stout Management Company

Be Seen First

Property Manager

Las Vegas, NV · On-site

$50K - $60K/yr

Must be able to travel 20% of time for meetings, HUB runs, banking, court house and other locations ... Why Work With Us? Join Nevada's largest locally owned property management company -- Stout ...

Savers Bank

Facilities Manager

Southbridge, MA · On-site

$35 - $45/hr

Oversees tenant occupied bank owned properties; coordinates with third party property management company to ensure proper maintenance, lease compliance and positive tenant relations * On occasion ...

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How much do bank owned property jobs pay per hour?

As of Jun 6, 2026, the average hourly pay for bank owned property in the United States is $21.95, according to ZipRecruiter salary data. Most workers in this role earn between $17.55 and $25.72 per hour, depending on experience, location, and employer.

What are bank owned properties?

Bank owned properties, also known as real estate owned (REO) properties, are homes or real estate that have been repossessed by a bank after the previous owner was unable to meet their mortgage obligations. These properties have typically gone through the foreclosure process and failed to sell at auction, resulting in the bank taking ownership. Banks then try to sell these properties, often at a lower price, to recover the outstanding loan amount. Buying a bank owned property can present opportunities for buyers, but it may also involve additional paperwork and the property is often sold as-is.

What are the key skills and qualifications needed to thrive as a Bank Owned Property Specialist, and why are they important?

To thrive as a Bank Owned Property Specialist, you need a solid understanding of real estate principles, property evaluation, and foreclosure processes, often supported by a real estate license or related certification. Familiarity with property management software, MLS platforms, and asset management systems is typically required. Strong negotiation, organization, and communication skills set standout candidates apart in coordinating with buyers, sellers, and financial institutions. These skills are crucial for efficiently managing foreclosed assets, maximizing recovery value, and ensuring compliance with legal and regulatory standards.

How do bank-owned properties work?

Bank-owned properties, also known as real estate owned (REO) properties, are homes that banks have taken possession of after a borrower defaults on a mortgage. These properties are typically sold through real estate agents or auctions, and banks often aim to sell them quickly to recover the outstanding loan amount. Real estate professionals involved in REO transactions need knowledge of foreclosure processes and property valuation.

What is the difference between Bank Owned Property vs Real Estate Agent?

AspectBank Owned PropertyReal Estate Agent
CredentialsNone required, but knowledge of real estate laws helpsReal estate license required
Work EnvironmentForeclosure auctions, bank-owned listingsResidential and commercial property sales
EmployerBanks, financial institutionsReal estate brokerages, agencies
Common Search/ComparisonBuying foreclosed propertiesAssisting clients in property transactions

Bank Owned Property refers to real estate owned by banks after foreclosure, often sold at auction or through bank listings. Real Estate Agents facilitate property sales for clients, including bank owned properties. While both involve real estate transactions, Bank Owned Property focuses on foreclosure assets, whereas Real Estate Agents handle a broader range of property sales and client representation.

What are some common challenges faced when managing bank-owned properties, and how can I prepare for them?

Managing bank-owned properties often involves overseeing properties that may be vacant, in disrepair, or require legal attention. Common challenges include coordinating with contractors for repairs, navigating legal processes related to foreclosure, and ensuring properties remain secure and marketable. To prepare, it's helpful to build strong relationships with reliable vendors, stay up-to-date on relevant local property laws, and develop efficient systems for property inspections and reporting. Strong organizational and communication skills are essential for successfully handling these responsibilities.
Infographic showing various Bank Owned Property job openings in the United States as of May 2026, with employment types broken down into 100% Full Time. Highlights an 94% In-person, and 6% Remote job distribution, with an average salary of $45,654 per year, or $21.9 per hour.
Part-time evening Custodian

Part-time evening Custodian

Merchants Bank

Winona, MN • On-site

$16.06 - $18.46/hr

Part-time

Vision, Retirement, PTO

Posted 11 days ago

Job description

Merchants Bank, Winona, is hiring a part-time evening Custodian. The hours for this position will generally be 3 evenings/week (Monday-Friday) 6pm-10pm. During the winter months, generally working every 4th Saturday from 10am-2pm. More shifts will be available to cover in times of vacations or sickness.
This position will involve maintaining the cleanliness of all bank owned properties in Winona by performing various cleaning duties. A valid driver's license is required and housekeeping experience preferred.
Merchants Bank offers competitive wages and benefits for our part-time employees including vision insurance, 401(k) retirement plan; bonus plan; paid time off; and a variety of voluntary supplemental insurance options.
Please click on Apply Now or apply in person at Merchants Bank, Winona (102 E 3rd Street). Questions can be emailed to hr@merchantsbank.com. Merchants Bank is an Equal Opportunity Employer of women, minorities, protected veterans and individuals with disabilities.
Job Summary:
This position involves maintaining the cleanliness of all bank owned properties by performing various cleaning duties. Requires a dependable, conscientious person with the ability to carry out duties under minimum supervision.
Primary Duties:
  • Performs custodial work at all bank owned properties.
  • Daily cleaning of central areas of the bank, break room, meetings rooms
  • Weekly cleaning of individual offices
  • Monthly cleaning of picture frames
  • Restrooms: Cleans and disinfects sinks, countertops, toilets, mirrors, floors, etc. Replenishes bathroom supplies. Polishes metalwork, such as fixtures and settings
  • Floors: Sweeps, vacuums, mops, scrub, wax and polish floors
  • Breakroom / Kitchen: Cleans and disinfects sinks, countertops, tables, chairs, refrigerators, etc. Runs dishwasher and puts dishes away. Replenishes break room supplies.
  • Dust furniture, equipment, partitions, etc.
  • Dust and wash desks, walls, and light fixtures
  • Moves cabinets, boxes, furniture, and equipment to clean areas.
  • Remove stains from such surfaces as rugs, drapes, walls, and floors using chemicals and cleaning solutions.
  • Washes walls and woodwork as needed.
  • Washes windows, door panels, partitions, sills, etc.
  • Use all chemicals appropriately on the right surface with the proper dilution rate.
  • Operate housekeeping equipment
  • Follows safety regulations in the use of equipment and supplies
  • Empty wastebaskets and recyclables from all locations and transport to the appropriate area at the main bank.
  • Set up and take down for evening functions at the bank.
  • Informs Maintenance Supervisor if any building maintenance problems are found.
  • Employee will be expected to complete assignments in a timely manner.
  • Employee will be expected to contribute to a positive working environment through words and actions.
  • Employee will be expected to greet internal and external customers in a friendly and outgoing manner and give outstanding service.
  • Regular and dependable attendance is an essential function of the job.

Working Conditions:
Work will have some exposure to cleaning chemicals.
Physical Demands/Skill Requirements:
Housekeeping experience preferred. Must have well developed problem solving skills. The position is highly physical, requiring climbing, bending, stooping, and walking. Must be ability to operate housekeeping tools. Must be able to lift, push, pull, or move up to 50 pounds. Due to this position potentially traveling to different locations in Winona and Goodview, a valid driver's license is required.
Relationships:
Responsible to the Lead Custodian for fulfillment of functions and responsibilities.

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