Broker Salary at Reo Network BETA

How much does a Reo Network Broker make?

As of April 2025, the average annual salary for a Broker at Reo Network is $83,628, which translates to approximately $40 per hour. Salaries for Broker at Reo Network typically range from $73,061 to $100,126, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

REO Network Overview

Website:
reonetwork.com
Size:
100 - 200 Employees
Revenue:
$50M - $200M
Industry:
Business Services

REO Network is an online directory of screened and highly-qualified real estate professionals who specialize in the re-marketing of REO (real estate-owned) properties. REO homes are properties that have been acquired by a bank or lender as the result of a foreclosure. REO professionals from every corner of the mortgage and lending industries use REONetwork.com to locate each other - it's fast, easy and free! Many asset managers use REO Network to find local real estate professionals to aid in their loss mitigation and REO property re-marketing needs. We look for applicants experienced in the REO industry and this provides asset managers the opportunity to work with the best REO brokers and agents in the country.

See similar companies related to Reo Network

What Skills Does a person Need at Reo Network?

At Reo Network, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Insurance Sales: Insurance sales involves selling various types of insurance to customers, including home, life, health and auto insurance. Primary goal is to get information about clients' needs and match them with insurance policies they offer.
  2. Life insurance: Life Insurance can be defined as a contract between an insurance policy holder and an insurance company, where the insurer promises to pay a sum of money in exchange for a premium, upon the death of an insured person or after a set period
  3. Presentation: Presentation conveys information from a speaker to an audience. Presentations are typically demonstrations, introduction, lecture, or speech meant to inform, persuade, inspire, motivate, build goodwill, or present a new idea/product.
  4. Health insurance: Health insurance is a type of insurance coverage that pays for health and medical expenses. Health insurance covers some or all of the costs of routine care, emergency care, and treatment for chronic illnesses.
  5. Networking: Ability to maintain, build and expand a personal and business contact list to grow one's career and business opportunities.

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Check more jobs information at Reo Network

Job Title Average Reo Network Salary Hourly Rate
2 Flash Designer $61,593 $30
3 Notary Public $126,288 $61
4 Business Development Manager $123,907 $60
5 Technical Support Analyst $61,852 $30

Hourly Pay at Reo Network

The average hourly pay at Reo Network for a Broker is $40 per hour. The location, department, and job description all have an impact on the typical compensation for Reo Network positions. The pay range and total remuneration for the job title are shown in the table below. Reo Network may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $83,628 look to you?

FAQ about Salary and Jobs at Reo Network

1. How much does Reo Network pay per hour?
The average hourly pay is $40. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Reo Network?
According to the data, the highest approximate salary is about $100,126 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Reo Network?
According to the data, the lowest estimated salary is about $73,061 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.