How Much Does a Reo Specialist Make in New York?

Updated March 01, 2025
As of March 01, 2025, the average annual pay of Reo Specialist in New York is $70,907. While Salary.com is seeing that Reo Specialist salary in NY can go up to $90,938 or down to $47,906, but most earn between $58,868 and $81,392. 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
$67,592
New York
Per Year
REO Property Preservation Contractor
$108,749
New York
Per Year
Specialist
$51,236
New York
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IS Specialist
$72,914
New York
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
Webster Bank
Specialist, REO
$75,408/yr
$66,396
$84,421
RANGE: $66,396 - $84,421
A&D Mortgage LLC
Collections Specialist & REO Agent
$53,359/yr
$46,615
$60,104
RANGE: $46,615 - $60,104
Vendor Connect, LLC
REO Closing Specialist
$83,884/yr
$74,859
$92,910
RANGE: $74,859 - $92,910
Shellpoint Mortgage Servicing
REO Asset Specialist I (On-site)
$61,763/yr
$50,828
$72,697
RANGE: $50,828 - $72,697
Shellpoint Mortgage Servicing
REO Title Specialist II (On-site)
$92,369/yr
$73,516
$111,222
RANGE: $73,516 - $111,222
ISN Corporation
Real Estate Owned Specialist/Asset Manager (REO) - Oklahoma City
$136,715/yr
$107,040
$166,391
RANGE: $107,040 - $166,391
$130,679/yr
$98,705
$162,653
RANGE: $98,705 - $162,653
Veritas Partners
REO Asset Manager
$127,788/yr
$105,209
$150,367
RANGE: $105,209 - $150,367
Dovenmuehle
Manager -Claims/REO
$121,858/yr
$105,314
$138,402
RANGE: $105,314 - $138,402
$122,524/yr
$95,028
$150,020
RANGE: $95,028 - $150,020

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Top 10 Highest Paying Cities For Reo Specialist Jobs in New York

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 New York. 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 New York. New York takes first place in this list, followed by Bronx, Brooklyn. The Reo Specialist salary is $77,692 in New York, which is higher than the national average. There are 17 cities' Reo Specialist salary higher than national average in New York.
The average salary for a Reo Specialist in New York is $70,907, but we found that the city with the highest salary for Reo Specialist jobs is New York, NY, and it is higher than Bronx. Reo Specialist jobs in New York can have the opportunity to earn higher salaries than in other cities in New York.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
New York $77,692 $6,474 $1,494 $37
Bronx $77,692 $6,474 $1,494 $37
Brooklyn $77,692 $6,474 $1,494 $37
Queens Village $77,160 $6,430 $1,484 $37
Yonkers $76,561 $6,380 $1,472 $37
Mount Vernon $76,494 $6,375 $1,471 $37
Huntington $75,829 $6,319 $1,458 $36
New Rochelle $75,630 $6,302 $1,454 $36
Staten Island $74,632 $6,219 $1,435 $36
Levittown $72,969 $6,081 $1,403 $35

What Does a Reo Specialist Do?

Aside from knowing how to work with the bank, REO specialists should be able to easily inform potential homeowners about the desired home's neighborhood and be open about any problems or pitfalls.
Updated October 12, 2021
To give REO properties the widest exposure, REO specialists often contract the services of local real estate agents to list the properties in the.
Updated October 08, 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

Frequently Asked Questions About a Reo Specialist Salaries

What is the average of a Reo Specialist in New York?

The Reo Specialist salary range is from $58,868 to $81,392, and the average Reo Specialist salary is $70,907/year in New York. 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.