Real Estate Owned Specialist/Asset Manager

ISN•Oklahoma City, OK

About The Position

The Real Estate Owned (REO) Specialist assists the REO Supervisor with managing and disposing of single-family homes (1–4 units) and custodial properties. The role supports the marketing and sale of REO properties through listing, sealed bids, or auctions, coordinating with real estate agents, appraisal and title companies, attorneys, and closing agents to facilitate an efficient disposition process. The position oversees disposition vendors, assigns property-related work orders, monitors marketing and closing progress, reviews offers and counteroffers, and helps resolve title-curative issues. The specialist also supports client reporting and works with the REO Supervisor to address escalated issues and maintain cost efficiency across the asset portfolio. The role requires strong communication, attention to detail, computer skills, and the ability to meet deadlines in a fast-paced environment.

Requirements

Must pass pre-employment screening and undergo a government suitability investigation.
Excellent communication skills, including professional verbal and written communication, phone etiquette, and communication through instant messaging with teammates.
Above-average computer skills, including experience with proprietary software, Teams, and Microsoft Office applications such as Outlook, Word, Excel, SharePoint, and PowerPoint.
Ability to meet hard deadlines and work in a fast-paced environment.
Strong attention to detail.
Ability to review contracts and work closely with title agencies, attorneys, and real estate agents.

Nice To Haves

Two or more years of experience in real estate, title escrow or closing-agent work, or property management; experience in a similar government-contractor environment is preferred.
Background in title closings, title-curative resolution, reviewing surveys, or reviewing appraisals.
Background identifying title-curative issues.

Responsibilities

Oversee disposition vendors, including training them, updating the system of record with daily information, and issuing service work orders.
Select vendors for assignments based on prior work quality and vendor scorecards.
Work with the REO Supervisor to resolve escalated issues and concerns.
Assist the REO Supervisor with compiling client-required reports.
Work with homeowners’ associations, code compliance offices, and, when necessary, law enforcement.
Prepare foreclosure bids for foreclosure sales.
Assign recurring and one-time work orders for inspection reports and property appraisals.
Assign properties to the eviction process when needed.
Assign properties to listing brokers or agents for marketing and sale.
Monitor properties’ progress from marketing through closing to support timely sales.
Work with the REO Supervisor to maintain cost efficiency in marketing and selling portfolio assets.
Review sale offers and counteroffers, seek approval for contract acceptance or negotiations, and assign properties to closing agents or attorneys.
Work with local realtors as needed to meet client needs.
Coordinate with closing agents and attorneys to support timely closings.
Assist with title-curative issues as needed.
Review contracts and work with title agencies, attorneys, and real estate agents.