How Much Does a Reo Specialist Make in Cleveland, OH?

Updated May 01, 2025
As of May 01, 2025, the average annual pay of Reo Specialist in Cleveland, OH is $64,931. While Salary.com is seeing that Reo Specialist salary in Cleveland, OH can go up to $83,272 or down to $43,863, but most earn between $53,903 and $74,531. 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
$60,377
Cleveland, OH
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$99,791
Cleveland, OH
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IS Specialist
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Similar Job Salaries to Reo Specialist by Company

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Company average base salary in (usd) range
A&D Mortgage LLC
Collections Specialist & REO Agent
$52,741/yr
$45,886
$59,597
RANGE: $45,886 - $59,597
Fay Financial
Staff Acct-Orgnatns & REO
$73,823/yr
$65,887
$81,760
RANGE: $65,887 - $81,760
Rialto Capital
Vice President - REO
$286,192/yr
$210,815
$361,569
RANGE: $210,815 - $361,569
REO Capital, LLC
Analyst - REO Capital
$115,235/yr
$102,362
$128,108
RANGE: $102,362 - $128,108
Constructive Capital
Staff Acct-Orgnatns & REO
$63,011/yr
$56,249
$69,773
RANGE: $56,249 - $69,773
$130,401/yr
$98,492
$162,311
RANGE: $98,492 - $162,311
Fay Financial
REO Expense Manager
$130,312/yr
$107,140
$153,483
RANGE: $107,140 - $153,483
Newrez LLC
Supervisor REO (On-site)
$102,580/yr
$83,778
$121,382
RANGE: $83,778 - $121,382
Jani-Clean, Inc.
Part-Time Office Cleaning-Reo
$52,452/yr
$44,325
$60,580
RANGE: $44,325 - $60,580
natPROpres REO Services LLC
Hands-on Vendors Needed for REO Services
$67,604/yr
$59,125
$76,083
RANGE: $59,125 - $76,083

Open Reo Specialist Jobs in Cleveland, OH

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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 Cleveland, OH?

The Reo Specialist salary range is from $53,903 to $74,531, and the average Reo Specialist salary is $64,931/year in Cleveland, OH. 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 Santa Clara, CA is $84,093 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.