Senior Property Manager, Multifamily
Cushman & Wakefield
RPA
REO Asset Manager – On-site
Newrez LLC
full-time
Posted on:
Location Type: Office
Location: Houston • Pennsylvania, Texas • 🇺🇸 United States
Visit company websiteJob Level
Mid-LevelSenior
Tech Stack
React
About the role
- The REO Asset Manager will be responsible for the liquidation of investor-owned properties through the oversight of direct realtor relationships.
- Manage a portfolio of 125-175 REO properties.
- Maximize the return on REO assets through managed direct broker listings.
- Ensure all parties have a clear understanding of the condition and value of each asset.
- Assist in the control of expenses related to the sale and maintenance of REO assets.
- Arrange for services relating to the maintenance, valuation, and marketing of assigned portfolio.
- Manage performance of listing agents.
- Consider changing market conditions and asset-specific factors to determine the best marketing strategy at the asset level.
- Defend asset management strategies at the asset level to clients, investors, and management.
- Understand and react appropriately to changes in market conditions.
- Partner with the REO Closing Team for timely and accurate closing of the sale of REO properties.
- Comply with company policies and procedures.
- Contribute to the on-going improvement of the REO department through sharing ideas and improvements with the team.
- Oversee the REO Asset Specialist work product to ensure standards are met regarding timeliness and accuracy.
- Perform related duties as assigned by management.
Requirements
- College degree required; equivalent work experience may be considered in lieu of degree.
- 5 years REO experience required.
- Real estate courses or license considered a plus.
- Proficient in Microsoft Office suite
- Excellent verbal and written communication skills
- Demonstrated attention to detail and organizational skills.
- Ability to work independently with minimal supervision.
- Understanding of Mortgage lending and servicing, especially Foreclosure, Deed-In-Lieu, Title, and other Default related processes is a plus.
- Strong negotiation and follow-up skills
- Strong analytical, problem solving, and mathematical skills to be used in directing decision-making.
Benefits
- Medical, dental, and vision insurance
- Health Savings Account with employer contribution
- 401(k) Retirement plan with employer match
- Paid Maternity Leave/Parental Bonding Leave
- Pet insurance
- Adoption Assistance
- Tuition reimbursement
- Employee Loan Program
- Newrez Employee Emergency and Disaster Fund
- Newrez NOW: Corporate Social Responsibility program
- 1 Volunteer Time Off (VTO) day
- Employee Matching Gifts Program
- Newrez Grants Program
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
REO managementproperty liquidationbroker listingsasset valuationmarketing strategyexpense controlnegotiationanalytical skillsproblem solvingmathematical skills
Soft skills
communication skillsattention to detailorganizational skillsindependenceteam collaborationadaptabilityclient managementperformance managementstrategic thinkingtime management
Certifications
real estate license
