REO Asset Specialist

Newrez LLC•Coppell, TX
•Onsite

About The Position

The REO Asset Specialist I assigns a portfolio of foreclosed residential properties nationwide to approved brokers and supports the sale of REO properties by expediting pre-marketing activities. The role manages a portfolio of 175 to 200 REO assets, ensuring properties are handled accurately and promptly, monitoring progress from possession through listing, and communicating updates to clients. The position is based on-site at an assigned office location and requires occasional adjusted schedules, overtime, evening, or weekend hours to meet deadlines or business needs.

Requirements

  • College degree required; equivalent work experience may be considered in lieu of a degree.
  • 0–2 years of experience.
  • Excellent customer service skills.
  • Ability to work efficiently in a multi-tasked environment.
  • Ability to prioritize tasks with a sense of urgency.
  • Working knowledge of the Microsoft Office suite.
  • Ability to meet or exceed deadlines in a fast-paced environment.
  • Regular and punctual attendance according to the schedule established by leadership.
  • Ability to work occasional adjusted schedules, overtime, and evening and/or weekend hours as deadlines or business needs require.
  • Ability to maintain focus on phone calls in a noisy cubicle-hub environment.
  • Ability to perform sedentary work at a cubicle for prolonged periods and repetitive computer-related motions, including typing and managing phone calls.
  • Ability to communicate effectively in English and accurately exchange information.

Nice To Haves

  • Real estate knowledge.

Responsibilities

  • Manage a portfolio of 175 to 200 REO assets.
  • Assign foreclosed residential properties nationwide to approved brokers.
  • Expedite pre-marketing activities to support REO property sales.
  • Ensure client properties are handled with timeliness and accuracy.
  • Build relationships with clients and keep them informed of property progress.
  • Monitor properties from possession to listing.
  • Assign a Broker Price Opinion to the assigned listing agent.
  • Assign a second-opinion Broker Price Opinion or appraisal from a selected vendor.
  • Review completed valuations for accuracy.
  • Order title from a selected vendor.
  • Monitor the portfolio and complete standardized price reductions.
  • Send executed sales contracts to the listing agent and closing vendor.
  • Convey information to others effectively and accurately.
  • Perform related duties as assigned by management.

Benefits

  • Medical insurance
  • Dental insurance
  • Vision insurance
  • Health Savings Account with employer contribution
  • 401(k) retirement plan with employer match
  • Paid maternity leave
  • Parental bonding leave
  • Caregiver leave
  • Adoption assistance
  • Tuition and certification reimbursement
  • Employee Mortgage Loan Program
  • Employee emergency and disaster fund
  • One company-paid volunteer time-off day
  • Matching Gifts Program, dollar-for-dollar up to $1,000
  • Access to grants, nonprofit resources, and volunteer opportunities
© 2026 Teal Labs, Inc
Privacy PolicyTerms of Service