REO Asset Manager

Rocket Mortgage

REO Asset Manager responsible for managing the lifecycle of assigned real estate properties. Join Xome, a leader in real estate innovation, to streamline transactions.

Posted 7/6/2026full-timeLewisville • Texas • 🇺🇸 United StatesMid-LevelSenior💰 $47,000 - $86,000 per yearWebsite

About the role

Key responsibilities & impact

Manage the full lifecycle of assigned REO assets, including occupancy determination, property preservation coordination, valuation, listing strategy, offer review, and closing
Oversee vacant-to-list timelines, proactively identifying and resolving delays to meet client SLAs
Make decisions regarding marketing strategies, agent assignment, and offer negotiations on bank-owned assets
Review and approve BPOs, appraisals, and repair bids; ensure property values are accurately reflected and disposition strategies align with client guidelines
Manage agent relationships throughout the listing and offer process, providing direction on pricing strategy, days on market management, and contract negotiation
Monitor and report on key performance metrics including VTL, days under contract (DUC), closing probability, and STC pipeline
Prepare monthly projections report detailing number of sales, sales dates, and estimate of losses
Prepare and deliver client-facing reporting, commentary, and escalation summaries with accuracy and professionalism
Conduct periodic on-site inspections of REO properties
Partner with internal teams (closing, title, legal, compliance) to resolve title issues, HOA matters, code violations, and closing delays

Requirements

What you’ll need

Minimum of 2–5 years of experience in REO asset management, default servicing, real estate, or loss mitigation
Graduation from a 4-year college or university with major coursework in a discipline related to the requirements of the position preferred; equivalent job experience will be considered
Strong knowledge of the REO disposition process, including property preservation, valuation, listing, contract management, and closing workflows
Proficiency in Microsoft Office Suite (Excel, Word, Outlook); experience with REO asset management platforms including, Pyramid, Res.net, Equator, and/or Process Management a plus
Excellent written and verbal communication skills; ability to produce professional client-facing deliverables
Strong analytical and problem-solving skills with meticulous attention to detail
Ability to work independently and comfortably in a fast-paced environment.

Benefits

Comp & perks

medical, dental, and vision benefits
401K retirement plan
paid-time off

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

REO Disposition ProcessOffer NegotiationBPO ReviewAppraisal ReviewRepair Bid Approval

Soft Skills

Excellent Communication SkillsAnalytical SkillsProblem-Solving SkillsAttention to DetailAbility to Work Independently