Reo Real Estate Agent information
See salary details
$28.5K - $39.5K
5% of jobs
$39.5K - $50.5K
12% of jobs
$58.8K is the 25th percentile. Wages below this are outliers.
$50.5K - $61.5K
11% of jobs
$61.5K - $72.5K
7% of jobs
The median wage is $82.1K / yr.
$72.5K - $83.5K
17% of jobs
$83.5K - $94.5K
12% of jobs
$100.6K is the 75th percentile. Wages above this are outliers.
$94.5K - $105.5K
20% of jobs
$105.5K - $116.5K
6% of jobs
$116.5K - $127.5K
5% of jobs
$127.5K - $138.5K
2% of jobs
$138.5K - $149.5K
2% of jobs
How much do reo real estate agent jobs pay per year?
As of Sep 11, 2026, the average yearly pay for reo real estate agent in the United States is $85,793.00, according to ZipRecruiter salary data. Most workers in this role earn between $60,000.00 and $100,000.00 per year, depending on experience, location, and employer.
REO real estate agents are real estate professionals who specialize in handling properties that have been repossessed by lenders, typically after a foreclosure. REO stands for 'Real Estate Owned,' referring to properties that banks or other financial institutions now own. These agents help manage, market, and sell these properties on behalf of the lenders, often working with buyers, investors, and the banks to complete the transaction. Their expertise includes pricing, preparing, and negotiating the sale of REO properties, which can have unique challenges compared to traditional real estate sales.
REO Real Estate Agents often handle properties that have been foreclosed and are owned by banks, which can present unique challenges. These homes may require significant repairs or maintenance before they can be listed, and agents must coordinate with contractors and asset managers to address issues efficiently. Additionally, the transaction process can be more complex, involving strict timelines and detailed reporting to institutional clients. Successful REO agents are organized, proactive communicators who can navigate these complexities while maintaining strong client relationships.
To thrive as a REO Real Estate Agent, you need a solid understanding of real estate principles, property valuation, and foreclosure processes, typically backed by a real estate license. Familiarity with Multiple Listing Services (MLS), asset management platforms, and tools like BPO (Broker Price Opinion) software is essential. Strong negotiation, organization, and communication skills distinguish top performers in managing bank-owned properties and client relationships. These skills ensure efficient property disposition, regulatory compliance, and successful outcomes for financial institutions and buyers.
To become a REO (Real Estate Owned) real estate agent, you typically need to obtain a state real estate license by completing required pre-licensing courses and passing a licensing exam. Experience in real estate sales, knowledge of foreclosure processes, and familiarity with property management tools can be beneficial for handling REO transactions.
More about Reo Real Estate Agent jobs What cities are hiring for Reo Real Estate Agent jobs?
Cities with the most Reo Real Estate Agent job openings:
What states have the most Reo Real Estate Agent jobs?
States with the most job openings for Reo Real Estate Agent jobs include:
What are popular job titles related to Reo Real Estate Agent jobs?
For Reo Real Estate Agent jobs, the most frequently searched job titles are:
