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Reo Broker Jobs (NOW HIRING)

Builders Capital Exchange

REO Asset Manager

We are seeking an experienced REO Asset Manager to oversee a portfolio of residential real estate ... Review valuations, broker price opinions (BPOs), repair scopes, marketing plans, and listing ...

Arbor Realty Trust

Asset Manager, REO

Miami, FL · On-site

REO Responsibilities: * Creating and implementing business plans associated with (Agency) REO ... Lead valuation efforts, working in conjunction with the brokers and the Asset Management team to ...

First Title Services

REO Title Processor

Rockville, MD · On-site

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 ...

Selene Holdings

REO Repair Coordinator

... brokerage, and a real estate owned company. We have office locations in Dallas, TX, Jacksonville ... The REO Repair Coordinator is responsible for managing and overseeing property repairs and ...

NC SECU

The REO Senior Specialist is responsible for the day -to-day execution and management of all Real ... Banking/Credit Union, Loan Servicing Certificates or Real Estate Broker's License. * Direct ...

Rialto Capital

Vice President - REO

Miami, FL · On-site

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 ...

Rialto Capital

Vice President - REO

Miami, FL

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 ...

Careers at KKR

REO Analyst

Dallas, TX · On-site

$76K - $102K/yr

Active Receivership or REO * Gain property and market intelligence through site visits, broker ... Interface with brokers, property managers, construction consultants and other third-party ...

Careers at KKR

REO Analyst

Dallas, TX · On-site

Active Receivership or REO * Gain property and market intelligence through site visits, broker ... Interface with brokers, property managers, construction consultants and other third-party ...

orsa credit union

avp/collections

Novi, MI · On-site

... REO brokers, ensuring service level agreements (SLAs) are met and costs are controlled.Lead the resolution of complex investor loan issues, forbearance plans, and short sales, ensuring all ...

Vylla Home

Real Estate Agent

Jacksonville, FL · Remote

We are also a leading REO brokerage and provide multiple REO lead resources. * Free CRM tool (including a custom mobile app for when you're on the go!), marketing tools, transaction management system ...

Vylla Home

Real Estate Agent

Sacramento, CA · Remote

$85K - $185K/yr

We are also a leading REO brokerage and provide multiple REO lead resources. * Free CRM tool (including a custom mobile app for when you're on the go!), marketing tools, transaction management system ...

Vylla Home

Real Estate Agent

Tampa, FL · Remote

$85K - $185K/yr

We are also a leading REO brokerage and provide multiple REO lead resources. * Free CRM tool (including a custom mobile app for when you're on the go!), marketing tools, transaction management system ...

Vylla Home

Real Estate Agent

Los Angeles, CA · Remote

$85K - $185K/yr

We are also a leading REO brokerage and provide multiple REO lead resources. * Free CRM tool (including a custom mobile app for when you're on the go!), marketing tools, transaction management system ...

Vylla Home

Real Estate Agent

Nashville, TN · Remote

$85K - $185K/yr

We are also a leading REO brokerage and provide multiple REO lead resources. * Free CRM tool (including a custom mobile app for when you're on the go!), marketing tools, transaction management system ...

Vylla Home

Real Estate Agent

Los Angeles, CA · Remote

We are also a leading REO brokerage and provide multiple REO lead resources. * Free CRM tool (including a custom mobile app for when you're on the go!), marketing tools, transaction management system ...

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All JobsReo Broker Jobs

Reo Broker information

See salary details

$25.5K

$66.7K

$117K

How much do reo broker jobs pay per year?

As of Jun 10, 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 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 are REO brokers?

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 jobs make 5000 a week without a degree?

Reo brokers, involved in vehicle title and lien management, can earn $5,000 or more weekly through commissions and fees, especially with experience and a strong network. Other high-earning jobs without a degree include sales positions, real estate agents, and certain entrepreneurial roles, which rely on skills, sales ability, and industry knowledge rather than formal education.

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

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 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.

What states have the most Reo Broker jobs? States with the most job openings for Reo Broker jobs include:
Reo Broker jobs near you
Infographic showing various Reo Broker job openings in the United States as of June 2026, with employment types broken down into 14% As Needed, 29% Full Time, and 57% Contract. Highlights an 80% Physical, 7% Hybrid, and 13% Remote job distribution, with an average salary of $66,677 per year, or $32.1 per hour.

REO Asset Manager

Builders Capital Exchange

Remote

Full-time

Medical, PTO

Posted 24 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.

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