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Reo Jobs in Virginia (NOW HIRING)

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Reo information

See Virginia salary details

$13

$23

$32

How much do reo jobs pay per hour?

As of Aug 14, 2026, the average hourly pay for reo in Virginia is $23.19, according to ZipRecruiter salary data. Most workers in this role earn between $17.88 and $27.64 per hour, depending on experience, location, and employer.

What is an REO?

REO stands for 'Real Estate Owned,' and refers to properties that are owned by a lender—typically a bank—after an unsuccessful sale at a foreclosure auction. These properties did not sell at auction and are now in the lender's possession, who will usually try to sell them to recover the loan amount. REOs are often sold 'as-is' and may require repairs or renovations. Professionals working with REOs help manage, market, and sell these properties, often working with real estate agents, investors, and property managers.

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

To thrive as a REO Specialist, you need a solid understanding of real estate transactions, property management, and foreclosure processes, often supported by experience in real estate or property management. Familiarity with REO management software, Multiple Listing Services (MLS), and relevant real estate certifications such as a real estate license are typically required. Strong organizational skills, attention to detail, and effective communication help REO Specialists manage multiple properties and coordinate with various stakeholders. These skills are crucial for efficiently handling foreclosed properties, ensuring legal compliance, and maximizing asset recovery for financial institutions.

What are some common challenges faced by REO specialists when managing foreclosed properties?

REO specialists often encounter challenges such as coordinating timely property inspections, managing repairs or maintenance on distressed properties, and ensuring compliance with legal and lender requirements. Balancing multiple properties at various stages of the disposition process can be demanding, requiring strong organizational skills and attention to detail. Additionally, REO specialists frequently collaborate with real estate agents, contractors, and legal professionals to facilitate property sales and resolve title issues, making clear communication and problem-solving abilities essential for success in this role.

What is the difference between Reo vs Real Estate Agent?

AspectReoReal Estate Agent
CredentialsReal Estate License, Reo CertificationReal Estate License
Work EnvironmentBank-owned properties, foreclosure salesResidential and commercial property sales
Industry UsageReal estate, banking, foreclosure marketsReal estate sales, leasing, property transactions
Common Search IntentReo vs Real Estate AgentReo vs Real Estate Agent

Reo specialists focus on managing bank-owned properties and foreclosure sales, often requiring specific certifications. Real estate agents handle a broader range of property transactions, including sales and leasing. While both roles operate within the real estate industry, Reo professionals typically work closely with banks and lenders, whereas real estate agents serve individual buyers and sellers.

What are the most commonly searched types of Reo jobs in Virginia?

The most popular types of Reo jobs in Virginia are:

What are popular job titles related to Reo jobs in Virginia?

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

What job categories do people searching Reo jobs in Virginia look for?

The top searched job categories for Reo jobs in Virginia are:

Reo jobs near you
Infographic showing various Reo job openings in Virginia as of August 2026, with employment types broken down into 89% Full Time, 8% Part Time, 1% Temporary, and 2% Contract. Highlights an 87% Physical, 2% Hybrid, and 11% Remote job distribution, with an average salary of $48,233 per year, or $23.2 per hour.

Field Services Assistant

Coldwell Banker Premier

Winchester, VA • On-site

Part-time

Re-posted 12 days ago

Job description

Benefits:
  • Flexible schedule

Location: Winchester, VA
Company: Coldwell Banker Premier
Looking for extra cash for the holidays or a flexible, part-time role? Work hours are during the day. 
Coldwell Banker Premier, a busy Real Estate and Property Management company, is hiring a dependable Field Services Assistant to support our team with property visits and light fieldwork in and around Winchester, VA.
About the Role

The Field Services Assistant provides essential on-site support to our property management and real estate teams. You’ll help prepare homes for marketing, move-ins, and move-outs, perform inspections, install signage, and ensure properties are well-presented and ready for tenants or showings.
This is an as-needed, part-time position—perfect for someone with a flexible schedule who enjoys working independently and spending time in the field. This is a 1099 Independent Contractor position  you will be responsible for your own taxes and withholdings.
Typical Responsibilities

Property Onboarding

  • Install lockboxes, signage, and riders
  • Take and upload marketing photos
  • Complete initial inspection and tagging
  • Place showing information inside the property
Move-In Support

  • Conduct move-in inspections and take photos
  • Remove temporary items (lockboxes, signage, showing info)
  • Deliver welcome gift and information packet
Move-Out Support

  • Perform move-out inspections and document property condition
  • Install or remove lockboxes and signage as needed
  • Obtain keys from tenants and return to the office
Routine & REO Inspections

  • Complete REO (Real Estate Owned) inspections, including initial, vacant property, and occupancy checks
  • Understand that property conditions may not always be favorable, and inspections must still be completed regardless of property state
  • Be comfortable entering properties that may or may not be vacant

  • Conduct quarterly and routine property checks
  • Assist with open houses, key pickup/drop-offs, and general property runs
Other Field Tasks

  • Take 360° marketing photos
  • Perform miscellaneous field support as requested
Compensation

  • Paid per completed assignment, based on the type of task performed
What We’re Looking For

  • Reliable transportation and valid driver’s license
  • Smartphone with camera and ability to upload photos
  • Strong attention to detail and follow-through
  • Professional and dependable communication
  • Ability to work independently and manage time efficiently
Why Join Us

  • Flexible, independent work
  • Great opportunity to earn extra income
  • Join a respected and growing company with 30+ years of real estate and property management experience
Additional Information

This position description is only meant to be a representative summary of the duties and responsibilities performed by incumbents of this position. Incumbents may be requested to perform tasks other than those stated in this description. The company reserves the right to revise or change this job description as the need arises.