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Reo Jobs (NOW HIRING)

Selene Holdings

Senior REO Specialist

The Senior REO Specialist plays a critical role in maximizing recovery on real estate owned (REO) assets by managing the disposition process from acquisition through sale. This position is ...

Newrez LLC

REO Title Specialist

Fort Washington, PA · On-site

$18.50 - $22.75/hr

POSITION SUMMARY The REO Specialist - Avenue is responsible for preparing and reviewing documentation related to investor services products while ensuring compliance with industry regulations. This ...

Rialto Capital

Vice President - Reo

Enterprise, NV

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 ...

Rialto Capital

Vice President - Reo

Enterprise, NV

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 ...

Newrez

REO Title Specialist

Fort Washington, PA

$18.50 - $22.75/hr

POSITION SUMMARY The REO Specialist - Avenue is responsible for preparing and reviewing documentation related to investor services products while ensuring compliance with industry regulations. This ...

Rialto Capital

Vice President - Reo

Enterprise, NV

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 ...

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Reo information

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$13

$23

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How much do reo jobs pay per hour?

As of Jul 14, 2026, the average hourly pay for reo in the United States is $23.39, according to ZipRecruiter salary data. Most workers in this role earn between $18.03 and $27.88 per hour, depending on experience, location, and employer.

What are REOs?

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 a REO (Real Estate Owned) 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.

More about Reo jobs
What cities are hiring for Reo jobs? Cities with the most Reo 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 jobs? States with the most job openings for Reo jobs include:
What job categories do people searching Reo jobs look for? The top searched job categories for Reo jobs are:
Reo jobs near you
Infographic showing various Reo job openings in the United States as of July 2026, with employment types broken down into 83% Full Time, 7% Part Time, and 10% Contract. Highlights an 91% Physical, 2% Hybrid, and 7% Remote job distribution, with an average salary of $48,650 per year, or $23.4 per hour.

Senior REO Specialist

Selene Holdings

Remote

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 29 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 Senior REO Specialist plays a critical role in maximizing recovery on real estate owned (REO) assets by managing the disposition process from acquisition through sale. This position is responsible for overseeing a portfolio of properties, coordinating with internal stakeholders and third-party vendors, analyzing property valuations, and executing asset disposition strategies that optimize investor returns while minimizing expenses and risk.
Success in this role requires strong analytical abilities, effective vendor and timeline management, attention to detail, and a thorough understanding of the mortgage servicing and default environment. The ideal candidate is a proactive problem solver who can effectively manage multiple priorities in a fast-paced setting while ensuring compliance with company policies and applicable regulatory requirements.
Essential Responsibilities
  • Manage the disposition of a portfolio of REO assets throughout the asset lifecycle.
  • Review appraisals, broker price opinions (BPOs), and market data to determine asset values and recommend disposition strategies.
  • Develop and execute sales strategies that maximize investor recovery while minimizing carrying costs and losses.
  • Coordinate and oversee third-party vendors, including real estate agents, attorneys, preservation companies, and other service providers.
  • Monitor asset timelines to ensure timely listing, marketing, sale, and disposition activities.
  • Track portfolio performance and ensure the timely receipt and distribution of reports and documentation.
  • Identify process improvement opportunities and recommend operational enhancements.
  • Maintain compliance with investor guidelines, company policies, and applicable federal and state regulations.
  • Stay informed on industry trends, regulatory changes, and best practices within mortgage servicing and REO operations.
Qualifications
Education & Experience
Required
  • High school diploma or GED.
  • 2-4 years of experience in REO, mortgage servicing, default servicing, asset management, foreclosure, loss mitigation, or a related field.

Preferred
  • Associate degree or higher.
  • Experience working with mortgage servicing platforms and default servicing systems.
Technical Skills
  • Proficiency in Microsoft Office Suite, including Excel, Word, and Outlook.
  • Experience with mortgage servicing or REO-related platforms such as Pyramid, MSP, Black Knight/LPS, Sagent, or similar systems preferred.
  • Ability to analyze property valuations, reports, and financial data.
Professional Skills
  • Strong organizational and time management skills with the ability to manage multiple priorities simultaneously.
  • Excellent verbal and written communication skills.
  • Strong analytical and problem-solving abilities.
  • Attention to detail and commitment to accuracy.
  • Ability to work independently while collaborating effectively with cross-functional teams.
  • Customer-focused mindset with strong relationship management skills.
  • Sound judgment and decision-making abilities.
  • Ability to maintain confidentiality and handle sensitive information appropriately.
Core Competencies
Successful candidates will demonstrate:
  • Adaptability: Ability to adjust to changing priorities, deadlines, and business needs.
  • Integrity and Professionalism: Consistently acts with honesty, accountability, and respect while upholding organizational values.
  • Communication: Effectively communicates with internal and external stakeholders while keeping key partners informed.
  • Customer Focus: Delivers responsive, professional service while managing challenging situations with professionalism.
  • Dependability: Takes ownership of responsibilities, follows through on commitments, and consistently meets expectations.
  • Collaboration: Builds positive working relationships and contributes to a team-oriented environment.
Work Environment & Physical Requirements
This position operates primarily in a professional office environment with moderate noise levels.
While performing the duties of this role, employees will regularly sit for extended periods and use standard office equipment. Occasional standing, walking, bending, lifting, and moving items up to 25 pounds may be required.
Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions of the position.
Travel
Occasional travel may be required.
Disclaimer
This job description is intended to describe the general nature and level of work performed by individuals assigned to this role. It is not intended to be an exhaustive list of all duties, responsibilities, or qualifications. Responsibilities may change based on business needs.
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.
Privacy Policy - Selene (seleneadvantage.com)

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