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Reo Contractor Jobs (NOW HIRING)

Rialto Capital

Vice President - REO

Miami, FL · On-site

... receivers, contractors, and engineers, to leverage their expertise to execute on Rialto's asset ... Conduit between Loan Workout and Real Estate Asset Management; monitor REO pipeline to provide for ...

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Reo Contractor information

See salary details

$9

$29

$65

How much do reo contractor jobs pay per hour?

As of Sep 11, 2026, the average hourly pay for reo contractor in the United States is $29.05, according to ZipRecruiter salary data. Most workers in this role earn between $17.79 and $32.93 per hour, depending on experience, location, and employer.

What is an REO contractor?

REO contractors are professionals or companies hired to maintain, repair, and prepare Real Estate Owned (REO) properties—homes that have been foreclosed and are now owned by banks or lenders. Their responsibilities often include securing the property, performing repairs, cleaning, lawn maintenance, and ensuring the home meets local codes and regulations. REO contractors play a crucial role in preserving the value of these properties and making them ready for resale on the market.

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

To thrive as a REO Contractor, you need expertise in property maintenance, repair, and renovation, often supported by relevant trade licenses and experience in real estate owned (REO) properties. Familiarity with property management software, work order systems, and compliance with HUD or lender-specific requirements is typical. Strong organizational skills, attention to detail, and effective communication with asset managers and vendors help you stand out in this position. These abilities ensure properties are quickly restored, maintained to standard, and efficiently transitioned for resale, maximizing client satisfaction and profitability.

What are some common challenges REO contractors face when managing multiple properties, and how can they overcome them?

REO Contractors often manage several properties at once, which can present challenges such as tight timelines, varying property conditions, and coordinating with multiple stakeholders like asset managers and vendors. Staying organized with project management tools, maintaining clear communication with all parties, and establishing reliable subcontractor relationships can help overcome these hurdles. Additionally, developing a standardized process for property inspections and repairs ensures consistency and quality across all assignments.

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

AspectReo ContractorReal Estate Agent
CredentialsContractor license, possibly specialized certificationsReal estate license
Work EnvironmentConstruction sites, renovation projectsOffices, property showings, client meetings
Industry UsageReal estate development, property rehabilitationProperty sales, leasing, listing

Reo Contractors focus on construction and renovation projects within the real estate industry, requiring specific licenses and working primarily on-site. Real Estate Agents handle property transactions, client interactions, and sales, working mainly in offices and showings. While both roles are connected to real estate, their responsibilities, credentials, and work environments differ significantly.

What states have the most Reo Contractor jobs?

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

What are popular job titles related to Reo Contractor jobs?

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

Reo Contractor jobs near you
Infographic showing various Reo Contractor job openings in the United States as of August 2026, with employment types broken down into 1% Locum Tenens, 1% As Needed, 69% Full Time, 10% Part Time, and 19% Contract. Highlights an 86% Physical, 1% Hybrid, and 13% Remote job distribution, with an average salary of $60,423 per year, or $29 per hour.

Property Preservation Contractors (Illinois)

Manito, IL • On-site

HP Preservation Service LLC
Real Estate • 11 - 50 employees
Learn more about HP Preservation Service LLCexternal

Full-time

Re-posted 12 days ago

Job description

Location we are looking for Illinois - Galesburg, Rock Island, Mercer, Warren , Knox, Henry
Work opportunity for Property Preservation/REO Contractors
By Weekly Payment
Looking for property preservation vendors who meet the following requirements:
1) Experience to do standard preservation duties/tasks including the following work:
a. Winterizations
b. Lawn Maintenance
c. Debris removal
d. Lock Changes
e. Initial Services (including sales clean)
f. Boarding
g. Prepare/Put property in Convey Condition
h. General/Minor household repairs, etc.
I. Ability to provide estimates on requested items for repair/replace
2) Must have own transportation
3) Must be detail oriented when reporting results in reports along with photos, bids, etc.
4) Meeting client's deadlines
5) Must have own equipment and have inventory of necessary HUD locks on hand, materials needed on regular basis, etc.
PAY IS BASED ON YOUR BID AND AS PER ALLOWABLE LIST (NO DISCOUNT)
Website: www.hossainpreservation.com

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About Hossain Property Preservation

Sourced by ZipRecruiter

Hossain Property Preservation Service LLC is the mortgage field services industry leader, preserving vacant and foreclosed properties across the U.S. Founded in 2014 and headquartered in Los Angeles, California. Hossain property preservation services provides the highest quality service to our clients by leveraging innovative technologies and proactively developing industry best practices and quality control procedures. We offer a wide variety of services including REO services, property preservation, inspection and rehabilitation as well as pre-foreclosure and post foreclosure management. Additionally, We offer services such as trash outs, lawn maintenance or landscaping, sales cleans and initial secures among others. Our foundation is based on the provision of a service that aims at satisfying our customers’ needs.

Industry

Real estate

Company size

11 - 50 Employees

Headquarters location

Los Angeles, CA, US

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