Reo Specialist Salaries in Iowa
How Much Does a Reo Specialist Make in Iowa?
Updated March 01, 2025
As of March 01, 2025,
the average annual pay of Reo Specialist in Iowa is $63,657.
While Salary.com is seeing that Reo Specialist salary in IA can go up to $81,640
or down to $43,008, but most earn between $52,848 and $73,070.
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
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Similar Job Salaries to Reo Specialist by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
Webster Bank
Specialist, REO
|
$69,907/yr
|
RANGE: $63,557 - $76,256
|
|
A&D Mortgage LLC
Collections Specialist & REO Agent
|
$47,184/yr
|
RANGE: $42,759 - $51,609
|
|
Vendor Connect, LLC
REO Closing Specialist
|
$76,090/yr
|
RANGE: $69,326 - $82,853
|
|
Shellpoint Mortgage Servicing
REO Asset Specialist I (On-site)
|
$52,173/yr
|
RANGE: $46,746 - $57,600
|
|
Shellpoint Mortgage Servicing
REO Title Specialist II (On-site)
|
$73,699/yr
|
RANGE: $66,094 - $81,305
|
|
ISN Corporation
Real Estate Owned Specialist/Asset Manager (REO) - Oklahoma City
|
$117,050/yr
|
RANGE: $102,395 - $131,705
|
|
Howard Prestigious Properties Team- Brokered By...
Real Estate Agent - REO
|
$116,786/yr
|
RANGE: $100,990 - $132,581
|
|
Veritas Partners
REO Asset Manager
|
$103,281/yr
|
RANGE: $91,319 - $115,244
|
|
Dovenmuehle
Manager -Claims/REO
|
$102,561/yr
|
RANGE: $95,152 - $109,970
|
|
Howard Prestigious Properties Team- Brokered By...
REO Listing Agent
|
$104,826/yr
|
RANGE: $90,935 - $118,718
|
Top 10 Highest Paying Cities For Reo Specialist Jobs in Iowa
It is important to understand how location impacts your career prospects in the United States.
There are some cities where a Reo Specialist can find a job easily with a greater salary paid then achieve a higher standard of living.
Below is the top cities list for Reo Specialist job salaries in Iowa.
Some cities can pay higher salaries for Reo Specialist jobs, which can indicate that there is a large demand for Reo Specialist positions in this city.
The following table shows top 10 cities where the Reo Specialist salary is higher than other cities in Iowa.
Des Moines takes first place in this list, followed by Ankeny, Urbandale.
The Reo Specialist salary is $64,521 in Des Moines,
which is lower than the national average. There is 0 city's Reo Specialist salary higher than national average in Iowa.
The average salary for a Reo Specialist in Iowa is $63,657,
but we found that the city with the highest salary for Reo Specialist jobs is Des Moines, IA, and it is higher than Ankeny.
Reo Specialist jobs in Des Moines can have the opportunity to earn higher salaries than in other cities in Iowa.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| Des Moines | $64,521 | $5,377 | $1,241 | $31 |
| Ankeny | $64,521 | $5,377 | $1,241 | $31 |
| Urbandale | $64,521 | $5,377 | $1,241 | $31 |
| Ames | $63,923 | $5,327 | $1,229 | $31 |
| Cedar Rapids | $63,657 | $5,305 | $1,224 | $31 |
| Council Bluffs | $63,258 | $5,271 | $1,216 | $30 |
| Davenport | $63,124 | $5,260 | $1,214 | $30 |
| Iowa City | $63,124 | $5,260 | $1,214 | $30 |
| Dubuque | $62,792 | $5,233 | $1,208 | $30 |
| Waterloo | $61,794 | $5,150 | $1,188 | $30 |
What Does a Reo Specialist Do?
An REO specialist is a real estate professional who specializes in buying such REO properties from the bank on behalf of clients.
Updated October 17, 2021
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
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Explore JobArchitectFrequently Asked Questions About a Reo Specialist Salaries
What is the average of a Reo Specialist in Iowa?
The Reo Specialist salary range is from $52,848 to $73,070, and the average Reo Specialist salary is $63,657/year in Iowa.
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 $83,479
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.
