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Reo Asset Jobs (NOW HIRING)

We are seeking an experienced REO Asset Manager to oversee a portfolio of residential real estate-owned (REO) assets on behalf of institutional investors and capital partners. This role is focused on ...

Job Purpose The REO Asset Manager will be responsible for the management of REO assets within Arbor's Agency loan portfolio. Essential Job Functions (Duties/Responsibilities) The Asset Manage will ...

The REO Asset Manager is responsible for managing a portfolio of real estate-owned (REO) assets at the loan level while maximizing investor returns. This role requires strong analytical skills ...

REO Portfolio Manager Location: Radnor, PA (Fully in office) The REO Portfolio Manager is a motivated and experienced professional responsible for the end-to-end management of Essent's Real Estate ...

REO Portfolio Manager Location: Radnor, PA (Fully in office) The REO Portfolio Manager is a motivated and experienced professional responsible for the end-to-end management of Essent's Real Estate ...

... Asset Appraisals, Fairness Opinions, and Solvency Opinions. REO Capital also provides all Legal documents, PPM's, Proper Fund Structures, Proper Incentives in the PPM, & Proper Investor Power Point ...

The REO Repair Coordinator is responsible for managing and overseeing property repairs and renovations for Real Estate Owned (REO) assets. This role ensures properties are maintained in marketable ...

Experience working with lenders, servicers, and REO asset managers * Proficiency in title and closing software systems Preferred * Multi-state closing experience * Active title/escrow license (where ...

Bachelor's or associates degree with a concentration in business, real estate or related field preferred. • * 2-5 years of REO Asset Management experience The good faith base salary [or wage] range ...

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Reo Asset information

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$39K

$50K

$63.5K

How much do reo asset jobs pay per year?

As of May 31, 2026, the average yearly pay for reo asset in the United States is $50,000.00, according to ZipRecruiter salary data. Most workers in this role earn between $42,500.00 and $61,000.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a REO Asset Manager, and why are they important?

To thrive as a REO Asset Manager, you need strong analytical abilities, knowledge of real estate markets, and experience with property management, often supported by a degree in business, finance, or real estate. Familiarity with property management software, listing platforms, and relevant certifications such as a real estate license are typically required. Excellent negotiation, organizational, and communication skills help you work effectively with vendors, buyers, and internal teams. These skills are essential to maximize asset value, ensure timely sales, and minimize holding costs in the management of real estate owned (REO) properties.

What are some common challenges faced by REO Asset Managers and how can they be addressed within the role?

REO Asset Managers often face challenges such as managing large property portfolios, coordinating repairs or renovations, and ensuring compliance with various regulations. Effective time management and strong negotiation skills are essential for handling multiple properties at different stages of the disposition process. Working closely with real estate agents, contractors, and legal teams helps to streamline operations and resolve issues quickly. Staying updated on market trends and leveraging property management software also support successful outcomes in this dynamic role.

What are REO assets?

REO assets, or Real Estate Owned assets, are properties that have been repossessed by lenders, typically after an unsuccessful foreclosure auction. These properties are owned by banks or other financial institutions and are often sold to recover the remaining loan balance. Managing REO assets involves tasks such as property maintenance, valuation, marketing, and coordinating sales to new owners. Professionals in this field work to maximize the value and minimize the holding time of these properties.

What is the difference between Reo Asset vs Real Estate Agent?

AspectReo AssetReal Estate Agent
CredentialsReal estate license, property management knowledgeReal estate license, sales training
Work EnvironmentProperty management firms, REO departmentsReal estate brokerages, agencies
Employer & IndustryBanks, lenders, REO companiesReal estate brokerages, independent agencies
Primary FocusManaging and selling REO propertiesHelping clients buy/sell properties

Reo Asset professionals focus on managing and selling bank-owned properties, often working within financial institutions or specialized REO firms. In contrast, Real Estate Agents primarily assist clients in buying and selling residential or commercial properties. While both roles require real estate licensing, Reo Assets emphasize property management and foreclosure processes, whereas Real Estate Agents focus on sales and client representation.

More about Reo Asset jobs
What are the most commonly searched types of Reo Asset jobs? The most popular types of Reo Asset jobs are:
Infographic showing various Reo Asset job openings in the United States as of May 2026, with employment types broken down into 83% Full Time, and 17% Part Time. Highlights an 84% In-person, 8% Hybrid, and 8% Remote job distribution, with an average salary of $50,000 per year, or $24 per hour.

Full-time

Medical, PTO

Posted 13 days ago


Job description

We are seeking an experienced REO Asset Manager to oversee a portfolio of residential real estate-owned (REO) assets on behalf of institutional investors and capital partners. This role is focused on strategic asset management, vendor oversight, portfolio performance, and disposition execution - not hands-on property maintenance or field operations.
The ideal candidate has experience managing residential REO assets at scale within an institutional environment, including coordination with servicers, brokers, attorneys, preservation vendors, and disposition partners to maximize asset recovery and portfolio performance.
Builders Capital Exchange is one of the fastest-growing private money lending firms in the United States. Our mission is to help investors, builders, and developers scale their business by offering a best-in-class suite of loan products and leveraging top talent. Being one of the nation's most established private money lenders, we originate $4B in loan volume annually.
What You'll Do
  • Manage a national portfolio of residential REO assets from foreclosure through disposition, ensuring timely execution and maximizing asset recovery outcomes.
  • Develop and execute asset-level disposition strategies based on property condition, market trends, occupancy status, and investor objectives.
  • Oversee third-party vendors including brokers, preservation companies, attorneys, inspectors, locksmiths, contractors, and auction partners to ensure performance, cost control, and service quality.
    Review valuations, broker price opinions (BPOs), repair scopes, marketing plans, and listing strategies to optimize property sale performance.
  • Monitor key portfolio performance metrics including days on market, liquidation timelines, carrying costs, recovery rates, and net loss severity.
  • Coordinate with servicing teams, capital partners, Special Assets officers, legal counsel, and internal stakeholders on asset status, foreclosure timelines, and resolution strategies.
  • Approve repair budgets, vendor invoices, marketing recommendations, and disposition plans within delegated authority limits and company guidelines.
  • Manage escalated issues related to title defects, occupancy, code violations, litigation, foreclosure delays, cash-for-keys negotiations, and post-foreclosure timelines.
  • Ensure compliance with investor guidelines, servicing standards, regulatory requirements, and internal asset management policies.
  • Analyze portfolio trends and provide reporting, forecasting, and strategic recommendations to leadership and capital partners.
  • Maintain strong relationships with broker networks, servicing partners, auction providers, and institutional stakeholders to support efficient asset liquidation.
  • Support the reduction of non-performing and distressed real estate exposure through proactive asset management and strategic resolution execution.
  • Assist leadership with evaluating market conditions, property-level risks, vendor performance, and operational efficiencies impacting portfolio performance.
  • Perform other duties as assigned to support the objectives of the REO and Special Assets platform.
Requirements
  • Minimum 5+ years of institutional residential REO asset management experience or relevant experience.
  • Strong understanding of residential foreclosure processes, REO disposition, servicing operations, and distressed asset management.
  • Proven experience managing high-volume REO portfolios in a performance-driven institutional environment.
  • Experience coordinating and overseeing third-party vendors including brokers, attorneys, preservation companies, inspectors, and contractors.
  • Strong analytical and financial skills with the ability to evaluate valuations, carrying costs, recovery metrics, and disposition strategies Familiarity with investor reporting requirements, compliance standards, and asset recovery performance metrics.
  • Experience managing geographically diverse residential asset portfolios across multiple markets.
  • Ability to prioritize and manage multiple assets, deadlines, and escalated issues simultaneously.
  • Strong negotiation, organizational, and stakeholder management skills.
  • Experience with asset management platforms, servicing systems, reporting tools, and disposition tracking systems.
  • Excellent written and verbal communication skills with the ability to present clear, data-driven recommendations to senior leadership and capital partners.
  • Experience working with institutional investors, private lenders, banks, hedge funds, or special servicers.
    Background in residential loan servicing, default servicing, distressed asset management, or special assets.
  • Knowledge of auction strategies, cash-for-keys negotiations, eviction processes, and post-foreclosure asset resolution timelines.
  • Experience managing REO assets tied to residential bridge loans, fix-and-flip loans, or transitional real estate lending portfolios.

Benefits
  • Innovative Environment - Join a forward-thinking company at the forefront of the construction finance industry, with access to cutting-edge technology and resources.
  • Work Flexibility - Enjoy a flexible work environment that allows you to balance professional responsibilities with personal life.
  • National Impact - Be part of a nationwide operation shaping the future of construction financing and making a meaningful impact for builders, developers, and homeowners across the U.S.
  • Health Insurance - Builders Capital Exchange pays 100% of medical insurance premiums, offering both PPO and HSA plan options.
  • Competitive Compensation - We offer competitive wages that reflect your expertise and performance.
  • Paid Time Off - Recharge with 3 weeks of paid time off annually.
  • Paid Holidays - Enjoy 10 paid holidays each year.

We're here to support you both professionally and personally-because when you thrive, we all thrive.
Builders Capital Exchange is an Equal Opportunity Employer (EEO) and welcomes all qualified applicants. This is a full-time, exempt position. The job description contained herein is not intended to be a comprehensive list of duties and responsibilities and may change without notice.