What is an REO Asset Manager?

As a Real Estate Owned (REO) asset manager, you handle clients’ real estate assets and focus on buying and selling properties. You manage investors’ properties and work with real estate agents to ensure your clients earn a profit on their property. You evaluate and negotiate lease contracts. Your responsibilities include identifying homes and loans under foreclosure. You coordinate, review, and execute any purchase or sale agreement and communicate offer approvals with investors. Other duties include performing a monthly review of all assets and preparing marketing plans for homes before they are on the market.