How Much Does a Reo Specialist Make?

Updated December 01, 2024
As of December 01, 2024, the average annual pay of Reo Specialist in the United States is $66,028. While Salary.com is seeing that Reo Specialist salary in the US can go up to $84,681 or down to $44,607, but most earn between $54,816 and $75,792. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, and your experience levels. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Related Job Titles to Reo Specialist
Reo Asset Manager
$62,921
US
Per Year
REO Property Preservation Contractor
$101,026
US
Per Year
Specialist
$47,346
US
Per Year
IS Specialist
$67,994
US
Per Year
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Similar Job Salaries to Reo Specialist by Company

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Company average base salary in (usd) range
TPG Alliance Limited Liability Company
Vacant Property Maintenance (REO INDUSTRY)
$63,030/yr
$53,307
$72,754
RANGE: $53,307 - $72,754
Velocity Mortgage Capital
Special Asset Manager/REO Asset Manager
$85,269/yr
$69,873
$100,666
RANGE: $69,873 - $100,666
TPG Alliance Limited Liability Company
REO Property Preservation Vendors- Grass Cuts/Repairs/Monthly Maintenance
$47,011/yr
$39,928
$54,094
RANGE: $39,928 - $54,094
SMBC Group
Specialist
$132,598/yr
$116,647
$148,550
RANGE: $116,647 - $148,550
RacquetWorld.com
Specialist
$44,711/yr
$37,860
$51,561
RANGE: $37,860 - $51,561
$55,313/yr
$47,083
$63,543
RANGE: $47,083 - $63,543
Danny Jelaca Inc
Specialist
$36,959/yr
$32,091
$41,827
RANGE: $32,091 - $41,827
$78,607/yr
$69,371
$87,843
RANGE: $69,371 - $87,843
Big Y Foods, Inc.
Specialist
$46,566/yr
$39,431
$53,701
RANGE: $39,431 - $53,701
$82,692/yr
$70,612
$94,773
RANGE: $70,612 - $94,773

Open Reo Specialist Jobs in the United States

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What Does a Reo Specialist Do?

A good REO specialist will know how to keep the ball rolling with the bank and get the sale closed as soon as possible.
Updated December 16, 2021
Real estate agents negotiate the commission they will receive for selling REO properties with the REO specialist.
Updated December 07, 2021
The homebuyer should check the REO specialist’s credentials, because there are many specialists who claim the title but lack experience.
Updated December 02, 2021
A bank's REO specialist manages its REO properties by marketing the properties, reviewing any offers, preparing regular reports on the status of properties in the bank's portfolio, and tracking down.
Updated November 28, 2021
The REO specialist undertakes these job functions to help the bank liquidate its properties quickly and efficiently.
Updated November 17, 2021

Frequently Asked Questions About a Reo Specialist Salaries

What is the average of a Reo Specialist in the United States?

The Reo Specialist salary range is from $54,816 to $75,792, and the average Reo Specialist salary is $66,028/year in the United States. The Reo Specialist's salary will change in different locations.

Which location pays the highest Reo Specialist salary in the United States?

The Reo Specialist salary in San Jose, CA is $82,865 which is the highest in the US.

What kinds of reasons will influence the Reo Specialist's salary?

Besides the location, employees' education degree, related skills, and work experience also will influence the salary. Try to improve your skills and experience to get a higher salary for the position of Reo Specialist.

What is the growth rate of the Reo Specialist's salary?

If you are thinking of becoming a Reo Specialist or planning the next step in your career, find the detailed salary report of a Reo Specialist.

Recent Salary Report

Below are the most recent Reo Specialist salary reports. Employer name has been removed to protect anonymity.

$23 Hourly
A Reo Specialist in Taylor, MI reported making $23 per hour
Taylor, MI
7,6 - 15,000 employees
Part-Time
Company - Public
$73,623 Yearly
A Reo Specialist in Warren, MI reported making $73,623 per year
Warren, MI
6 - 1,000 employees
Full-Time
Company - Private
$60,889 Yearly
A Reo Specialist in Santa Maria, CA reported making $60,889 per year
Santa Maria, CA
200 - 6 employees
Full-Time
Company - Private
$27 Hourly
A Reo Specialist in Dover, DE reported making $27 per hour
Dover, DE
3,000 - 7,6 employees
Part-Time
Company - Public
$6,690 Monthly
A Reo Specialist in Greenwood, IN reported making $6,690 per month
Greenwood, IN
1,000 - 3,000 employees
Full-Time
Company - Public
$60,889 Yearly
A Reo Specialist in New Suffolk, NY reported making $60,889 per year
New Suffolk, NY
100 - 200 employees
Full-Time
Company - Private