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Reo Asset Manager Salary in Memphis, TN

How much does a Reo Asset Manager make in Memphis, TN? The salary range for a Reo Asset Manager job is from $49,666 to $67,848 per year in Memphis, TN. Click on the filter to check out Reo Asset Manager job salaries by hourly, weekly, biweekly, semimonthly, monthly, and yearly.

Average base salary
updated at December 01, 2024
$58,957
Per Year
The average salary for a Reo Asset Manager is $58,957
per Year in Memphis, TN.
Individually reported data submitted by users of our website

HOW SHOULD YOU USE THIS DATA?

Employees: Use this as a guide for salary expectations, but be aware that responsibilities can change across companies for the same job title, so there may be differences between this data, other free site and our subscription products bought by employers.

Employers: This data could be used as reference point in your market pricing, but not the only source, due to differences across jobs locations, and sizes of companies.Consider additional sources like our Employer reported data.

Base Salary
$49,666
$58,957
Medium
$67,848

Highest Paying Cities for Reo Asset Manager near Memphis, TN

We list eight cities that pay high wages to Reo Asset Manager near Memphis. The salary difference may cause by many reasons, such as the cost of living. The competition will also be fiercer where wages are high. Click the city name to learn more about the Reo Asset Manager pay level in these cities.

States with Higher Salaries for Reo Asset Manager

Here are the top five states that pay the highest Reo Asset Manager salary in the United States. District of Columbia takes first place with the highest Reo Asset Manager salary is $70,031 per Year. California and New Jersey take the second and third place with $69,401 per Year and $68,961 per Year in the list. A higher average Reo Asset Manager salary indicates a higher cost of living too.

How Much Do Similar Professions Get Paid in Memphis, TN?

The following job titles have similar responsibilities as a Reo Asset Manager. However, the different job titles may have different salaries. Learn each job, and finger out the most suitable position with the highest wage for you in your city.
Asset Manager
Average salary
United States
$129,488
per Year
Reo Specialist
Average salary
United States
$61,868
per Year
Assistant Asset Manager
Average salary
United States
$100,534
per Year
Commercial Asset Manager
Average salary
United States
$129,828
per Year
Digital Asset Manager
Average salary
United States
$119,969
per Year
Global Asset Manager
Average salary
United States
$122,928
per Year

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What Does a Reo Asset Manager Do?

As soon as the beneficiary repossesses the property it is listed on their books as REO and categorized as an asset.

December 22, 2021

Such lenders must employ REO asset managers to try and sell off these properties and recoup some of the losses associated with a.

December 16, 2021

At this point, the lender will turn the property over to REO asset managers, who will then be in charge of selling the home to real estate investors looking for a bargain.

December 11, 2021

Leveraging our nationwide network of experienced agents property preservation firms, appraiser, and eviction attorneys, we effectively manage the entire REO asset management process, including:.

December 09, 2021

Another task that most REO asset managers will perform is the marketing of the home, which entails making sure that investors know about its existence and scheduling any potential open houses to show the property.

December 08, 2021

Most Common Benefits for Reo Asset Manager

Social Security
Healthcare
401(k)
Pension
Disability
Time Off (days)

Frequently Asked Questions

Common questions about salaries for a Reo Asset Manager
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As soon as the beneficiary repossesses the property it is listed on their books as REO and categorized as an asset.
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Explore our personal salary report to know the Reo Asset Manager market value in Memphis, TN. And find out if any places are having a higher Reo Asset Manager salary.
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The average salary of a Reo Asset Manager is $58,957 in Memphis, TN.
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