Hybrid Liquidation Negotiator
About The Position
The Liquidation Negotiator negotiates short sale offers and deeds in lieu of foreclosure submitted to the company by real estate agents, attorneys, and other third parties. The role recommends the best available exit strategy for borrowers while reducing loss severity for the company, and performs duties in accordance with company policies, procedures, and applicable state and federal regulations. The position handles inbound questions, communicates approvals and declines, evaluates offers against company property valuations, develops counteroffers, prepares loss analyses, and submits negotiated files for senior-management approval. It may also postpone foreclosure sales when more time is needed to review and approve liquidation or deed-in-lieu requests. The target pay range is $23.50–$26.00, plus a monthly incentive. The position follows a hybrid schedule.
Requirements
- High school diploma or equivalent required.
- Two or more years of related experience in loss mitigation or negotiation required.
- Knowledge of mortgage or real estate terminology required.
- Knowledge of industry-specific and/or company-specific software used in sales or collections required.
- Ability to understand opposing viewpoints on complex issues and negotiate and integrate different perspectives.
- Ability to make decisions with significant impact on the immediate work unit and monitor impact beyond it.
- Ability to organize and prioritize work on a short-term basis (longer than one month) and within allotted work schedules.
- Strong working knowledge of Microsoft Office Suite, including Word and Excel.
Nice To Haves
- Some college coursework in business or finance preferred.
- Intermediate-level knowledge of Microsoft Suite preferred.
Responsibilities
- Answer inbound questions from borrowers, real estate agents, attorneys, and authorized third parties regarding liquidation and deed-in-lieu-of-foreclosure requests.
- Communicate approvals and declines to real estate agents, attorneys, and authorized third parties.
- Negotiate and formulate counteroffers that reduce loss severity and meet or exceed the company-determined property valuation, and present them to relevant third parties.
- Submit negotiated files to senior management for approval.
- Decline purchase offers with an excessive variance between the offer price and the company-determined property valuation.
- Compare purchase offer selling prices with company-determined property valuations to determine appropriate counteroffers.
- Prepare loss-analysis worksheets to determine the loss severity of purchase offers or deed-in-lieu-of-foreclosure requests.
- Postpone foreclosure sales when additional review and approval time is needed.
- Perform other duties as assigned.
Benefits
- Comprehensive healthcare plans for employees and their families.
- Discretionary 401(k) match of 50% of the first 4% of pay contributed.
- Fitness, restaurant, retail, and other discounts through the employee portal.
- Customized training programs to support career advancement.
- Employee referral bonuses.
- Educational reimbursement.
- Community giving through the Carrington Charitable Foundation.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
High school or GED
