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Reo Broker Jobs (NOW HIRING)

Senior REO Specialist

Dallas, TX ยท On-site

$80 - $100/hr

The REO Asset Manager is responsible for managing a portfolio of Real Estate Owned (REO) assets ... Review appraisals, Broker Price Opinions (BPOs), and market data to establish asset valuations and ...

The REO Asset Manager is responsible for managing a portfolio of Real Estate Owned (REO) assets ... Review appraisals, Broker Price Opinions (BPOs), and market data to establish asset valuations and ...

The REO Asset Manager is responsible for managing a portfolio of Real Estate Owned (REO) assets ... Review appraisals, Broker Price Opinions (BPOs), and market data to establish asset valuations and ...

The REO Asset Manager is responsible for managing a portfolio of Real Estate Owned (REO) assets ... Review appraisals, Broker Price Opinions (BPOs), and market data to establish asset valuations and ...

The REO Asset Manager is responsible for managing a portfolio of Real Estate Owned (REO) assets ... Review appraisals, Broker Price Opinions (BPOs), and market data to establish asset valuations and ...

The REO Asset Manager is responsible for managing a portfolio of Real Estate Owned (REO) assets ... Review appraisals, Broker Price Opinions (BPOs), and market data to establish asset valuations and ...

$80 - $100/hr

The REO Asset Manager is responsible for managing a portfolio of Real Estate Owned (REO) assets ... Review appraisals, Broker Price Opinions (BPOs), and market data to establish asset valuations and ...

Senior REO Specialist

Jacksonville, FL ยท On-site

$80 - $100/hr

The REO Asset Manager is responsible for managing a portfolio of Real Estate Owned (REO) assets ... Review appraisals, Broker Price Opinions (BPOs), and market data to establish asset valuations and ...

The REO Asset Manager is responsible for managing a portfolio of Real Estate Owned (REO) assets ... Review appraisals, Broker Price Opinions (BPOs), and market data to establish asset valuations and ...

The Senior REO Specialist plays a critical role in maximizing recovery on real estate owned (REO ... Review appraisals, broker price opinions (BPOs), and market data to determine asset values and ...

The Senior REO Specialist plays a critical role in maximizing recovery on real estate owned (REO ... Review appraisals, broker price opinions (BPOs), and market data to determine asset values and ...

Receive approval of CD from lender/broker. * Review Processing Calendar for assigned deals ... TSS, Fannie Mae, and REO desired * Knowledge of CD settlements statements and real estate closing ...

Receive approval of CD from lender/broker. Review Processing Calendar for assigned deals. Confirm ... Fannie Mae, and REO desired Knowledge of CD settlements statements and real estate closing ...

Position Summary The Senior REO Specialist plays a critical role in maximizing recovery on real ... Review appraisals, broker price opinions (BPOs), and market data to determine asset values and ...

Maintain and develop relationships with outside parties such as attorneys, brokers, consultants ... Conduit between Loan Workout and Real Estate Asset Management; monitor REO pipeline to provide for ...

Analyst - REO

Miami, FL ยท On-site

Coordinate, monitor, and execute production of reports used in evaluating REO properties ... and broker opinions of values * Assist on foreclosure activities in terms of negotiation ...

Maintain and develop relationships with outside parties such as attorneys, brokers, consultants ... Conduit between Loan Workout and Real Estate Asset Management; monitor REO pipeline to provide for ...

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Showing results 1-20

Reo Broker information

See salary details

$25.5K

$66.7K

$117K

How much do reo broker jobs pay per year?

As of Sep 8, 2026, the average yearly pay for reo broker in the United States is $66,677.00, according to ZipRecruiter salary data. Most workers in this role earn between $48,000.00 and $75,000.00 per year, depending on experience, location, and employer.

What is an REO broker?

REO brokers, or Real Estate Owned brokers, are licensed real estate professionals who specialize in selling properties that have been repossessed by lenders, typically after a foreclosure. These brokers work with banks and other financial institutions to market and sell these properties to the public. Their expertise lies in handling the unique processes and requirements associated with REO properties, including pricing, property preservation, and managing repairs. They serve as the primary point of contact between the lender and potential buyers, helping to ensure a smooth transaction.

What are the key skills and qualifications needed to thrive as an REO broker?

To thrive as a REO Broker, you need a real estate license, strong knowledge of the foreclosure process, and experience with property valuation and sales. Familiarity with Multiple Listing Services (MLS), asset management platforms, and Broker Price Opinion (BPO) software is typically required. Excellent negotiation, organizational, and communication skills help you coordinate with banks, buyers, and contractors efficiently. These skills are crucial for managing distressed properties, ensuring compliance, and maximizing returns for clients in a competitive market.

What are some common challenges REO brokers face when managing multiple properties for different clients?

REO Brokers often juggle multiple properties simultaneously, each with its own set of client expectations, deadlines, and compliance requirements. One common challenge is ensuring all properties are properly maintained and secure, which can be difficult when dealing with properties in various locations. Additionally, REO Brokers must stay updated on local market trends and legal regulations to price properties accurately and market them effectively. Strong organizational skills and clear communication with asset managers, contractors, and buyers are essential to handle these complexities and deliver successful outcomes.

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

AspectReo BrokerReal Estate Agent
CredentialsReal estate license, broker license often preferredReal estate license required
Work EnvironmentSpecializes in REO properties, often in banks or asset management firmsResidential or commercial property sales, client-facing
Employer & Industry UsageReal estate firms, banks, asset management companiesReal estate brokerages, independent agencies
Common Search & ComparisonREO Broker vs Real Estate Agent

Reo Brokers focus on managing and selling bank-owned properties (REO), requiring specialized knowledge of foreclosure processes. Real Estate Agents handle a broader range of property sales, working directly with clients. While both roles require a real estate license, Reo Brokers often have additional experience in distressed property transactions, making their expertise more niche within the real estate industry.

How do I become a Reo broker?

To become a Reo broker, you typically need a real estate license and experience in real estate transactions. Knowledge of foreclosure processes, property valuation, and negotiation skills are also important, along with understanding local laws and regulations related to real estate owned properties.

What states have the most Reo Broker jobs?

States with the most job openings for Reo Broker jobs include:

What are popular job titles related to Reo Broker jobs?

For Reo Broker jobs, the most frequently searched job titles are:

Infographic showing various Reo Broker job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 91% Full Time, 5% Part Time, and 3% Contract. Highlights an 75% Physical, 7% Hybrid, and 18% Remote job distribution, with an average salary of $66,677 per year, or $32.1 per hour.

Senior REO Specialist

Dallas, TX โ€ข On-site

$80 - $100/hr

Other

Medical, Dental, Vision, Life, Retirement, PTO

Posted 7 days ago


Job description

Selene Holdings is a multiple-lines business financial services firm with a mortgage servicing company, a loan diligence company, a title company, an insurance brokerage, and a real estate owned company. We have office locations in Dallas, TX, Jacksonville, FL, and Salt Lake City, UT. Founded in 2007 to address needs in the mortgage industry, Selene strives to provide amazing client and borrower experiences. A positive attitude coupled with proven creative thinking and actions are all attributes we seek in every one of our employees. If you want to make a difference, then Selene is the place for you!

The REO Asset Manager is responsible for managing a portfolio of Real Estate Owned (REO) assets throughout the disposition lifecycle, with a focus on maximizing investor returns, minimizing carrying costs, and ensuring compliance with company policies, investor requirements, and applicable regulations. This position requires strong analytical skills, vendor management experience, and the ability to effectively manage timelines, asset strategies, and disposition activities across a diverse portfolio.

Key Responsibilities
  • Asset & Portfolio Management Manage the disposition of a portfolio of REO assets from acquisition through final sale.
  • Develop and execute asset-specific strategies designed to maximize recovery and minimize expenses.
  • Review appraisals, Broker Price Opinions (BPOs), and market data to establish asset valuations and disposition strategies.
  • Monitor market conditions and asset performance to make informed recommendations regarding pricing, marketing, and disposition activities.
  • Ensure all assets are managed in compliance with investor, company, and regulatory requirements.
  • Maintain ownership of assigned assets and drive resolutions within established service level expectations.
  • Vendor & Process Management Oversee and manage third-party vendors, including brokers, property preservation companies, valuation providers, and closing agents.
  • Maintain a handsโ€‘on approach to internal processes and vendor performance management.
  • Monitor timelines and milestones to ensure timely sale and disposition of assets.
  • Ensure accurate and timely reporting is received, reviewed, and distributed to appropriate stakeholders.
  • Identify and upscale issues that may impact recovery, compliance, or asset disposition timelines.
  • Continuous Improvement & Compliance Identify opportunities to improve operational efficiency and recommend process enhancements.
  • Remain current on federal and state mortgage servicing regulations, investor requirements, and industry best practices impacting REO operations.
  • Support departmental initiatives, audits, and special projects as assigned.
Required Qualifications
  • High school diploma or GED required.
  • 3+ years of REO Asset Management, Default Servicing, Loss Mitigation, or Mortgage Servicing experience.
  • Strong knowledge of REO disposition processes, investor requirements, property valuation methodologies, and default servicing operations.
  • Proven ability to manage multiple assets, priorities, and deadlines in a fastโ€‘paced environment.
  • Excellent analytical, organizational, and problemโ€‘solving skills.
  • Strong verbal and written communication skills.
  • Ability to exercise sound judgment while maintaining a high degree of confidentiality.
  • Strong customer service orientation with the ability to build productive relationships with internal and external stakeholders.
  • Ability to work independently and collaboratively within a team environment.
  • Exceptional attention to detail and commitment to quality.
Preferred Qualifications
  • Associate degree or higher from an accredited college or university.
  • Bachelor's degree in Business, Real Estate, or a related field preferred.
  • Experience managing thirdโ€‘party vendors, including real estate brokers, preservation companies, and valuation providers.
  • Familiarity with agency, government, GSE, and private investor requirements related to REO asset disposition.
  • Prior experience within mortgage servicing, default servicing, foreclosure, bankruptcy, or loss mitigation environments.
  • Experience working with investor scorecards, timelines, and performance metrics.
  • Strong understanding of REO timelines, investor guidelines, and property preservation practices.
  • Experience with REO management platforms such as Equator, Pyramid, or similar systems.
Technical Skills Required
  • Microsoft Office Suite (Word, Excel, Outlook)
  • Preferred MSP Pyramid Black Knight/LPS Sagent Equator
  • Other mortgage servicing anddefault management platforms
Competencies
  • Strong decisionโ€‘making and problemโ€‘solving abilities
  • Ability to prioritize competing demands and meet deadlines
  • Excellent organizational and time management skills
  • Effective communication and relationshipโ€‘building skills
  • Resultsโ€‘oriented with a continuous improvement mindset
  • Ability to work effectively in a fastโ€‘paced, deadlineโ€‘driven environment
Why Selene? Benefits

Selene Finance LP is committed to the total wellbeing of its employees and therefore offers one of the best benefits packages available in the industry today, which includes:

  • Paid Time Off (PTO)
  • Medical
  • Dental & Vision
  • Employee Assistance Program
  • Flexible Spending Account
  • Health Savings Account
  • Paid Holidays
  • Company paid Life Insurance
  • Matching 401(k) Plan

The job requirements listed above are representative of the knowledge, skills, and/or abilities required. This job description is not an inclusive list of all duties and responsibilities of this position.

Incumbents will be required to follow any other jobโ€‘related instructions and to perform any other jobโ€‘related duties requested by any person authorized to give instructions or assignments. Selene reserves the right to amend and change responsibilities to meet business and organizational needs.

Privacy Policy - Selene (seleneadvantage.com) Selene Holdings is a multiple-lines business financial services firm with a mortgage servicing company, a loan diligence company, a title company, an insurance brokerage, and a real estate owned company. We have office locations in Dallas, TX, Jacksonville, FL, and Salt Lake City, UT. Founded in 2007 to address needs in the mortgage industry, Selene strives to provide amazing client and borrower experiences. A positive attitude coupled with proven creative thinking and actions are all attributes we seek in every one of our employees. If you want to make a difference, then Selene is the place for you!

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