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Reo Manager Jobs (NOW HIRING)

The Manager - REO (Real Estate Owned) is responsible for overseeing all activities related to the management and disposition of REO properties. This role ensures operational efficiency, regulatory ...

The REO Asset Manager is responsible for managing and coordinating all duties and tasks involved in the valuation, marketing, and disposition of Real Estate Owned properties. Each investor ...

New

The REO Asset Manager is responsible for managing a portfolio of Real Estate Owned (REO) properties acquired through the foreclosure process. This role oversees the complete asset lifecycle from ...

The REO Asset Manager is responsible for managing a portfolio of Real Estate Owned (REO) properties acquired through the foreclosure process. This role oversees the complete asset lifecycle from ...

The REO Asset Manager is responsible for managing a portfolio of Real Estate Owned (REO) properties acquired through the foreclosure process. This role oversees the complete asset lifecycle from ...

The REO Asset Manager is responsible for managing a portfolio of Real Estate Owned (REO) properties acquired through the foreclosure process. This role oversees the complete asset lifecycle from ...

The role of the REO Vice President is to directly manage a large and diverse portfolio of commercial real estate properties and to oversee a team of Asset Managers, Analysts, and support staff to ...

The role of the REO Vice President is to directly manage a large and diverse portfolio of commercial real estate properties and to oversee a team of Asset Managers, Analysts, and support staff to ...

REO Capital is a Capital Raising Firm / Private Equity Consulting Firm / Hedge Fund Consulting Firm ... Solid organizational & time management skills * High motivation and attention to detail * Ability ...

The role of the REO Vice President is to directly manage a large and diverse portfolio of commercial real estate properties and to oversee a team of Asset Managers, Analysts, and support staff to ...

REO Capital is a Capital Raising Firm | Private Equity Consulting Firm | Hedge Fund Consulting Firm ... Solid organizational & time management skills * High motivation and attention to detail * Ability ...

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Reo Manager information

See salary details

$23K

$61.4K

$102.5K

How much do reo manager jobs pay per year?

As of Jul 13, 2026, the average yearly pay for reo manager in the United States is $61,351.00, according to ZipRecruiter salary data. Most workers in this role earn between $44,000.00 and $69,000.00 per year, depending on experience, location, and employer.

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

To thrive as a REO Manager, you need expertise in real estate, property management, and financial analysis, often supported by a bachelor's degree in business or real estate. Familiarity with property management software, multiple listing services (MLS), and relevant certifications like Certified Property Manager (CPM) are typically used. Strong negotiation, organizational, and communication skills help build relationships with vendors, clients, and internal teams. These abilities are crucial for efficiently handling distressed properties, maximizing asset value, and ensuring compliance with regulations.

What is the difference between Reo Manager vs Reo Coordinator?

AspectReo ManagerReo Coordinator
ResponsibilitiesOversees REO property portfolios, manages teams, develops strategies, and liaises with clients and stakeholders.Assists in property management tasks, coordinates inspections, and supports the REO team with administrative duties.
Required CredentialsReal estate license, management experience, strong communication skills.Real estate license or certification preferred, organizational skills, basic industry knowledge.
Work EnvironmentOffice-based with site visits, leadership role, interacts with clients and vendors.Office and fieldwork, supportive role, collaborates with managers and vendors.

The main difference is that Reo Managers hold leadership roles with strategic responsibilities, while Reo Coordinators support daily operations and administrative tasks. Reo Managers focus on overseeing portfolios and teams, whereas Reo Coordinators assist with execution and coordination within the REO process.

What are some common challenges faced by REO Managers, and how can they effectively address them?

REO Managers often encounter challenges such as managing a high volume of properties, coordinating with multiple stakeholders (like banks, contractors, and realtors), and ensuring properties are maintained and sold in a timely manner. To address these, strong organizational skills and the ability to prioritize tasks are crucial. Effective communication, familiarity with property management software, and a proactive approach to problem-solving help REO Managers streamline workflows and meet deadlines successfully.

What is a REO Manager?

A REO Manager, or Real Estate Owned Manager, is responsible for overseeing properties that have been repossessed by a lender, typically after a foreclosure. Their duties include managing, marketing, and selling these properties to recover as much value as possible for the lender. REO Managers coordinate property maintenance, work with real estate agents, handle negotiations, and ensure compliance with legal and financial regulations. They play a crucial role in minimizing losses and expediting the sale of foreclosed assets.
What cities are hiring for Reo Manager jobs? Cities with the most Reo Manager job openings:
What are the most commonly searched types of Reo jobs? The most popular types of Reo jobs are:
What states have the most Reo Manager jobs? States with the most job openings for Reo Manager jobs include:
Infographic showing various Reo Manager job openings in the United States as of July 2026, with employment types broken down into 75% Full Time, and 25% Part Time. Highlights an 75% In-person, and 25% Remote job distribution, with an average salary of $61,351 per year, or $29.5 per hour.

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 14 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 Manager - REO (Real Estate Owned) is responsible for overseeing all activities related to the management and disposition of REO properties. This role ensures operational efficiency, regulatory compliance, and alignment with company objectives. The manager leads a team, drives performance, and implements process improvements to support the successful resolution of real estate assets.
Key Responsibilities:
  • Oversee day-to-day REO operations, ensuring timely and effective management of property assets.
  • Ensure departmental policies and procedures are current, comprehensive, and clearly communicated to staff.
  • Monitor and analyze daily performance metrics and reporting to ensure business objectives are consistently met.
  • Lead and manage team members and assigned projects, providing direction, support, and accountability.
  • Identify and recommend process improvements to enhance operational efficiency and service quality.
  • Ensure compliance with all applicable federal, state, and local regulations related to REO management.
  • Stay informed of changes in mortgage servicing laws and industry best practices.
  • Maintain strict confidentiality of sensitive information and business operations.
  • Oversee vendor and employee performance, including setting expectations, tracking metrics, and ensuring accountability.
  • Approve timesheets, manage PTO requests, and calculate incentive compensation as applicable.
  • Develop and maintain reporting standards and performance dashboards.
  • Ensure compliance with local governing entities and internal audit requirements.

Qualifications:
  • Master's degree (M.A.) or equivalent preferred; or a combination of 4-10 years of relevant experience and/or training
  • Proven experience in REO, asset management, or mortgage servicing
  • Previous management or supervisory experience required
  • Strong analytical, organizational, and problem-solving skills
  • Excellent verbal and written communication abilities
  • Ability to lead, coach, and develop high-performing teams
  • Detail-oriented with the ability to meet multiple deadlines consistently
  • Team-oriented mindset with a proactive and adaptable approach
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 job-related instructions and to perform any other job-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.
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