Reo Specialist Salaries in Maryland
How Much Does a Reo Specialist Make in Maryland?
Updated December 01, 2024
As of December 01, 2024,
the average annual pay of Reo Specialist in Maryland is $68,075.
While Salary.com is seeing that Reo Specialist salary in MD can go up to $87,306
or down to $45,990, but most earn between $56,515 and $78,141.
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 |
|---|---|---|
|
Newrez LLC
REO Asset Specialist I (On-site)
|
$94,711/yr
|
RANGE: $74,843 - $114,579
|
|
TPG Alliance Limited Liability Company
REO Trash out, grass cuts, repairs, Vacant REO Properties
|
$50,166/yr
|
RANGE: $42,493 - $57,839
|
|
TPG Alliance Limited Liability Company
Vacant Property Maintenance (REO INDUSTRY)
|
$63,030/yr
|
RANGE: $53,307 - $72,754
|
|
Velocity Mortgage Capital
Special Asset Manager/REO Asset Manager
|
$85,269/yr
|
RANGE: $69,873 - $100,666
|
|
Stratford Davis Staffing LLC
Specialist
|
$97,872/yr
|
RANGE: $77,819 - $117,924
|
|
TPG Alliance Limited Liability Company
REO Property Preservation Vendors- Grass Cuts/Repairs/Monthly Maintenance
|
$52,265/yr
|
RANGE: $44,390 - $60,140
|
|
Dove Healthcare Service, LLC
Rehabilitation Specialist (Rehab Specialist)
|
$124,458/yr
|
RANGE: $113,656 - $135,259
|
Top 10 Highest Paying Cities For Reo Specialist Jobs in Maryland
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 Maryland.
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 Maryland.
Silver Spring takes first place in this list, followed by Bethesda, Potomac.
The Reo Specialist salary is $73,489 in Silver Spring,
which is higher than the national average. There are 15 cities' Reo Specialist salary higher than national average in Maryland.
The average salary for a Reo Specialist in Maryland is $68,075,
but we found that the city with the highest salary for Reo Specialist jobs is Silver Spring, MD, and it is higher than Bethesda.
Reo Specialist jobs in Silver Spring can have the opportunity to earn higher salaries than in other cities in Maryland.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| Silver Spring | $73,489 | $6,124 | $1,413 | $35 |
| Bethesda | $73,489 | $6,124 | $1,413 | $35 |
| Potomac | $73,489 | $6,124 | $1,413 | $35 |
| Rockville | $73,423 | $6,119 | $1,412 | $35 |
| Bowie | $73,357 | $6,113 | $1,411 | $35 |
| Waldorf | $73,291 | $6,108 | $1,409 | $35 |
| Gaithersburg | $73,291 | $6,108 | $1,409 | $35 |
| Germantown | $71,310 | $5,943 | $1,371 | $34 |
| Frederick | $70,914 | $5,909 | $1,364 | $34 |
| Baltimore | $67,877 | $5,656 | $1,305 | $33 |
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
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Explore JobArchitectFrequently Asked Questions About a Reo Specialist Salaries
What is the average of a Reo Specialist in Maryland?
The Reo Specialist salary range is from $56,515 to $78,141, and the average Reo Specialist salary is $68,075/year in Maryland.
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.
