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Reo Asset Jobs (NOW HIRING)

Review and provide value add asset management and disposition strategies for the assigned portfolio ... Conduit between Loan Workout and Real Estate Asset Management; monitor REO pipeline to provide for ...

Review and provide value add asset management and disposition strategies for the assigned portfolio ... Conduit between Loan Workout and Real Estate Asset Management; monitor REO pipeline to provide for ...

Review and provide value add asset management and disposition strategies for the assigned portfolio ... Conduit between Loan Workout and Real Estate Asset Management; monitor REO pipeline to provide for ...

Review and provide value add asset management and disposition strategies for the assigned portfolio ... Conduit between Loan Workout and Real Estate Asset Management; monitor REO pipeline to provide for ...

Process and Automation Tech

Osseo, MN ยท On-site

$35 - $42/hr

Employees are one of the Company's most valuable assets, and Reo is committed to honoring their contributions through competitive compensation, including a complete benefit package, advancement ...

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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 Jul 14, 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 is a reo asset manager?

A REO asset manager oversees the management and disposition of real estate owned (REO) properties, typically acquired through foreclosure. They coordinate property inspections, repairs, marketing, and sales, often using real estate management software and requiring knowledge of foreclosure processes and valuation techniques.

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 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 does REO asset management deal with?

REO asset management involves overseeing real estate owned properties, typically acquired through foreclosure, to ensure proper maintenance, marketing, and sale. Professionals in this field coordinate with lenders, investors, and property managers to maximize asset value and facilitate smooth transactions.

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.

What is the highest paid position in real estate?

In real estate, the highest paid positions are typically senior roles such as real estate developers, chief executives, or investment managers, who oversee large portfolios and complex transactions. These roles often require extensive experience, strong negotiation skills, and industry certifications, and they can earn high six- or seven-figure salaries depending on the market and company size.

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.

Who are the big 3 asset managers?

The big three asset managers are BlackRock, Vanguard, and State Street Global Advisors. These firms manage trillions of dollars in assets and are key players in the investment management industry, often requiring knowledge of financial markets, compliance, and portfolio management for roles like Reo Asset. They influence global markets and offer various investment products to institutional and individual clients.
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 July 2026, with employment types broken down into 50% Full Time, and 50% Part Time. Highlights an 100% In-person job distribution, with an average salary of $50,000 per year, or $24 per hour.

REO Account Representative - On-Site Role

Huntington

Columbus, OH โ€ข On-site

$14.50 - $17.75/hr

Full-time

Re-posted 3 days ago


Job description

Description

The REO Account Representative will manage a portfolio of residential properties from Foreclosure to REO liquidation.

Responsibilities will include:

  • Managing taxes and insurance
  • Protecting the asset/property preservation
  • Overseeing eviction of prior owner and tenants
  • Managing trash out of property post eviction
  • Obtaining appraisals and developing a remarketing plan to best liquidate assets reviewing REO agent performance
  • Reviewing/countering/accepting offers within guidelines.

Will work with investors/insurance companies to adhere to REO guidelines, manage the attorney relationship in respect to REO, and work with title companies to assure smooth closing. Will also manage/coordinate the removal of assets from inventory post REO sale.

Job Responsibilities:

  • Default experience to include Foreclosure and Evictions
  • Ability to manage vendors, realtors, attorneys and code enforcement.
  • Residential real estate experience to include ability to understand contracts, appraisals, and BPO's.
  • Negotiation skills
  • Ability to multitask and adapt to change
  • Understanding of property taxes and insurance
  • Title report experience
  • Manage invoices /property preservation (trash-outs and securing of properties)

Minimum Qualifications:

  • High School Diploma is required
  • 3 years default experience to include Foreclosure/ Eviction
  • 3 years experience in Residential Real Estate to include contracts and closings
  • 3 years experience related to property taxes/ insurance claims
  • 1+ years accounting experience
  • 1+ years of Residential Property Preservation Experience

Preferred Qualifications

  • Bachelor's degree in Finance/Accounting is preferred
  • Experience with/understanding of Title Reports

#LI-ML1

#LI-Onsite


Exempt Status: (Yes= not eligible for overtime pay) (No= eligible for overtime pay)

Yes

Workplace Type:

Office

Our Approach to Office Workplace Type

Certain positions outside our branch network may be eligible for a flexible work arrangement. We're combining the best of both worlds: in-office and work from home. Our approach enables our teams to deepen connections, maintain a strong community, and do their best work. Remote roles will also have the opportunity to come together in our offices for moments that matter. Specific work arrangements will be provided by the hiring team.

Huntington will not sponsor applicants for this position for immigration benefits, including but not limited to assisting with obtaining work permission for F-1 students, H-1B professionals, O-1 workers, TN workers, E-3 workers, among other immigration statuses. Applicants must be currently authorized to work in the United States on a full-time basis.

Huntington is an Equal Opportunity Employer.

Tobacco-Free Hiring Practice: Visit Huntington's Career Web Site for more details.

Note to Agency Recruiters: Huntington will not pay a fee for any placement resulting from the receipt of an unsolicited resume. All unsolicited resumes sent to any Huntington colleagues, directly or indirectly, will be considered Huntington property. Recruiting agencies must have a valid, written and fully executed Master Service Agreement and Statement of Work for consideration.