ZipRecruiter

Log In

1

Reo Asset Manager Jobs in Michigan (NOW HIRING)

University Bank

Foreclosure Supervisor

Hancock, MI · On-site

... and asset management activities are executed accurately and efficiently. This position plays a ... Manage Real Estate Owned (REO) inventory, including property preservation, marketing, vendor ...

University Bank

Foreclosure Supervisor

Hancock, MI · On-site

... and asset management activities are executed accurately and efficiently. This position plays a ... Manage Real Estate Owned (REO) inventory, including property preservation, marketing, vendor ...

All JobsReo Asset JobsReo Asset Manager JobsReo Asset Manager Jobs in Michigan

Reo Asset Manager information

See Michigan salary details

$34K

$43.6K

$55.3K

How much do reo asset manager jobs pay per year?

As of Aug 23, 2026, the average yearly pay for reo asset manager in Michigan is $43,579.00, according to ZipRecruiter salary data. Most workers in this role earn between $37,000.00 and $53,200.00 per year, depending on experience, location, and employer.

What is an REO Asset Manager?

As a Real Estate Owned (REO) asset manager, you handle clients’ real estate assets and focus on buying and selling properties. You manage investors’ properties and work with real estate agents to ensure your clients earn a profit on their property. You evaluate and negotiate lease contracts. Your responsibilities include identifying homes and loans under foreclosure. You coordinate, review, and execute any purchase or sale agreement and communicate offer approvals with investors. Other duties include performing a monthly review of all assets and preparing marketing plans for homes before they are on the market.

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

To excel as a REO Asset Manager, you need expertise in real estate management, property valuation, and financial analysis, typically supported by a degree in business, finance, or real estate. Familiarity with asset management software, property management systems, and knowledge of relevant regulations is essential. Strong negotiation, problem-solving, and communication skills help manage multiple stakeholders and resolve complex property issues effectively. These skills ensure efficient portfolio management, maximize asset value, and minimize risk for financial institutions.

What are the main challenges REO Asset Managers face when handling multiple properties simultaneously?

REO Asset Managers often juggle a portfolio of properties at different stages of the disposition process, which can be challenging due to varying timelines, local market conditions, and regulatory requirements. Balancing timely property maintenance, coordinating with vendors, and ensuring compliance with legal standards requires strong organizational skills and effective communication with internal teams and external partners. Staying proactive in addressing property issues and adapting to rapidly changing market conditions are key to managing workloads successfully and maximizing asset value.

What is the difference between Reo Asset Manager vs Reo Specialist?

AspectReo Asset ManagerReo Specialist
CredentialsReal estate licenses, asset management certificationsReal estate licenses, property management certifications
Work EnvironmentCorporate offices, field sites, property portfoliosProperty sites, client offices, fieldwork
Employer & IndustryReal estate firms, asset management companiesReal estate agencies, property management firms
Search & ComparisonOften compared for asset oversight rolesCompared for property management and leasing roles

The Reo Asset Manager focuses on overseeing real estate assets, managing portfolios, and maximizing property value. The Reo Specialist typically handles property operations, leasing, and maintenance. While both roles require real estate knowledge and certifications, the Asset Manager emphasizes strategic asset oversight, whereas the Specialist concentrates on property management tasks.

What does a Reo Asset Manager get paid?

Reo Asset Managers typically earn a salary ranging from $60,000 to $120,000 annually, depending on experience, location, and the size of the portfolio managed. Compensation may also include bonuses and benefits, especially for those with specialized skills in real estate and asset management tools.

What is the average salary for a Reo Asset Manager in the US?

The average salary for a Reo Asset Manager in the US typically ranges from $70,000 to $120,000 annually, depending on experience, location, and the size of the organization. Professionals in this role often require strong knowledge of real estate, asset management, and financial analysis tools.
More about Reo Asset Manager jobs

What are popular job titles related to Reo Asset Manager jobs in Michigan?

For Reo Asset Manager jobs in Michigan, the most frequently searched job titles are:

What job categories do people searching Reo Asset Manager jobs in Michigan look for?

The top searched job categories for Reo Asset Manager jobs in Michigan are:

What cities in Michigan are hiring for Reo Asset Manager jobs?

Cities in Michigan with the most Reo Asset Manager job openings:

What are popular job titles related to Reo Asset Manager jobs in MI?

For Reo Asset Manager jobs in MI, the most frequently searched job titles are:

Reo Asset Manager jobs near you
Infographic showing various Reo Asset Manager job openings in Michigan as of August 2026, with employment types broken down into 82% Full Time, 13% Part Time, 2% Temporary, 2% Contract, and 1% Nights. Highlights an 81% Physical, 2% Hybrid, and 17% Remote job distribution, with an average salary of $43,579 per year, or $21 per hour.

Mortgage Servicing Property Preservation and Post Sale Specialist

AD Mortgage

Troy, MI • On-site

Full-time

Medical, Dental, Vision, Retirement, PTO

Re-posted 7 days ago

Job description

About this opportunity

The Post Sale and Property Preservation Specialist is responsible for managing mortgage loans after foreclosure sale through final resolution, including title transfer, claims processing, conveyance, and REO transition, as well as managing and overseeing the maintenance, inspection, and preservation of properties within a mortgage servicing portfolio—primarily defaulted, delinquent, or foreclosed assets. This role ensures all properties are secured, maintained to investor and regulatory standards, and protected against deterioration or loss in value. They are also ensuring all post-sale activities are completed accurately, timely, and in compliance with investor, insurer, and regulatory requirements. The specialist works cross-functionally to minimize losses and ensure proper asset disposition.

Key Responsibilities

  • Manage a pipeline of loans from foreclosure sale through final resolution (conveyance, third-party sale, or REO transfer)

  • Review foreclosure sale results and ensure accurate system updates and milestone tracking

  • Coordinate and monitor property preservation activities including inspections, securing, winterization, repairs, and maintenance

  • Review vendor reports, photos, and invoices for accuracy, quality, and compliance with guidelines

  • Coordinate deed recording, title transfer, and document execution with attorneys and vendors

  • Ensure timely conveyance of properties to investors/insurers or transfer to REO departments

  • Prepare, submit, and track claims in accordance with guidelines from Fannie Mae, Freddie Mac, FHA, and VA

  • Review expenses, advances, and fees for allowability and reimbursement eligibility

  • Monitor timelines for post-sale actions such as redemption periods, eviction referrals, and property preservation

  • Coordinate with internal teams including Foreclosure, Bankruptcy, Claims, and REO/Asset Management

  • Identify risks related to property condition, code violations, or hazards and initiate corrective actions

  • Communicate with field service vendors to issue work orders, resolve deficiencies, and ensure timely completion of tasks

  • Audit property condition reports and preservation actions to ensure cost-effectiveness and necessity

  • Handle title issues, curative actions, and exceptions that may delay conveyance or claim filing

  • Respond to investor audits, quality control reviews, and regulatory inquiries

  • Maintain accurate servicing system documentation and ensure data integrity

  • Identify and escalate delays, risks, or compliance concerns

Location and Schedule

  • This is a full-time, office-based position in a modern, cozy environment in our Troy, MI office.

  • Our standard working hours are Monday to Friday, 9:00 AM to 6:00 PM, promoting a healthy work-life balance.

Skills & Qualifications

  • Bachelor’s degree in Business, Finance, or related field (or equivalent experience)

  • 2–3+ years of experience in mortgage servicing, property preservation, default servicing, or post-foreclosure operations

  • Strong knowledge of post-sale processes including conveyance, claims, REO, and eviction timelines

  • Familiarity with investor/insurer guidelines (Fannie Mae, Freddie Mac, FHA, VA)

  • Understanding of title, deed recording, and property transfer processes

  • Strong attention to detail and ability to analyze reports and photographic evidence

  • Strong analytical, organizational, and time management skills

  • Ability to manage high-volume pipelines with strict deadlines

  • Proficiency in mortgage servicing platforms (e.g., MSP/Black Knight) and Microsoft Office (Excel, Word, Outlook)

Preferred Qualifications:

  • Experience with claims systems and reimbursement processes

  • Knowledge of property preservation and eviction processes

  • Exposure to compliance audits and investor reporting

  • Certification through Mortgage Bankers Association or similar

  • Company Culture: Inclusive, supportive company culture where you are not a number, but a voice that's heard and brings value.

  • Growth Path: Defined paid training and clear pathways for career development.

  • Benefits: Comprehensive benefits package including PTO, sick days, paid volunteer hours, medical, dental, vision insurance, and 401(k).

    Take the first step towards a rewarding career in the mortgage industry with AD Mortgage.

    Our Recruitment team will reach out to you shortly!

Connect with us: Explore our social media to get a sense of our corporate culture.

YouTubeInstagramTikTok

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sexual orientation, age, marital status, veteran status, or disability status.

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform crucial job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.