An REO Asset Manager works for the Real estate field and takes accountability for managing the REO assets such as – listings; pre-marketing, offers, closings, and eviction. Work activities related to this post are seen on the REO Asset Manager Resume as – maintaining file inventory; reviewing delinquent taxes, assigning listing agents, forwarding offer approvals to senior managers; evaluating the lease contracts; making negotiations pertaining to the real estate; and ensuring the client makes a good investment.
To become one, the person should possess the following core competencies – negotiation and communication skills, knowledge of real estate market trends and fluctuations; analytical skills, good observation skills, and researching abilities. To qualify for this role, a four-year degree in business management, real estate, or finance is required. A real estate license will be useful.
Summary : Experienced professional who worked in the corporate environment for over 13 years and decided to pursue dream of becoming a nursing professional. Working a 4 on 2 off evening shift in a Skilled Nursing and Comprehensive Rehabilitation facility. Primarily float between the post-acute, long term care and our private room wings.
Skills : Microsoft Office, Outlook, General Office Equip., Type + 60 WPM,.
Description :
Personally disposed over $1 billion in total real property assets.
Closed more than 750 single family and 2-4 unit residential properties in a single year.
Generated over 7,000 positive outcomes through sales to individual purchasers.
Supervised groups of up to 90 real estate brokers & managed portfolios of 200+ active listings.
Gained outsourcing experience in a Fannie Mae NPDC trial 'in-sourcing' group for 3rd party lenders' REO properties, where assets were managed according to each lender's unique guidelines.
Made recommendations to management and clients in an effort to improve productivity.
Experience
10+ Years
Level
Senior
Education
Bachelor Of Arts
Sr. Reo Asset Manager Resume
Summary : Highly organized, detailed and goal-focused professional seeking opportunity to contribute exceptional strengths within multiple facets of operations. Dynamic production management abilities and exemplary talents focused on client relations, team building, staff development and goal attainment.
Skills : Financial Statement Analysis Business Development .
Description :
Successfully managed a total active portfolio of $35MM in distressed properties on a monthly basis and a total of 30 brokers and real estate agents.
Evaluated capital expenditures and repair bids and authorized repairs as needed.
Listed properties for sale evaluated and negotiated offers.
Executed contracts and managed sales and Brokers through the closing process.
Accountable for inputting all necessary data and communications within the file.
Identified and resolved problems monitored all processes and achieved timely and effective disposition results consistent with company goals.
Maintained effective time management and operational discipline.
Experience
10+ Years
Level
Senior
Education
BS
Jr. Reo Asset Manager Resume
Objective : Experienced, ambitious and results-oriented professional who is a fast learner and eager to take on new tasks and objectives. A licensed Real Estate agent well versed in REO, Short Sales and Asset Disposition. Repeatedly excelled and thrived in fast paced, objective driven environments.
Skills : Real Estate Sales Person License - Expires .
Description :
Communicated with Investors daily for approvals, to collaborate of marketing strategies, and to provide update on portfolio performance.
Managed a portfolio of REO assets from acquisition through disposition.
Directed and administered assignments and maintain schedules with real estate agents, closing attorneys and third party vendors.
Assigned and review property preservation bids/work orders -ensure final costs do not exceed approved amount.
Reviewed property offers and facilitate/communicate counter offers/approvals.
Reconciled values and created effective Marketing Plan that will maximize returns for investors/clients.
Organized priorities and monitor/manage workflow through a variety of inventory reports.
Experience
2-5 Years
Level
Junior
Education
Bachelor Of Science
Reo Asset Manager III Resume
Objective : Multi-faceted real estate professional with experience as an REO Asset Manager, Broker and Paralegal seeking a position with a stable and growing company.
Rresponsible for 230 properties from completed eviction to close of escrow.
Developed initial marketing strategy using all available data and as per the client matrix.
Approved and coordinated bids on recommended repairs & improvements.
Negotiated all offers on behalf of (and when necessary, in concert with) each individual client.
Monitored terms of approved contracts and help facilitate timely closings.
Assisted in ad hoc projects as directed by Portfolio Manager.
Reviewed and revised market strategies as needed and as per client matrix.
Experience
2-5 Years
Level
Executive
Education
BA In GENERAL
Reo Asset Manager II Resume
Summary : Award-winning Sales Professional with a proven success record seeking a position that will provide me the opportunity to increase sales and profitability for a top tier company. BUSINESS STRENGTHS 14 years of sales experience, with track record of consistently exceeding sales quotas. Team leader who establishes goals and motivates co-workers to achieve objectives.
Skills : Real Estate Analysis, Real Estate Disposition, Negotiation, Real Estate Valuation, Supervising, Mortgage Servicing, Real Estate Asset Management, Property Rehabilitation.
Description :
Minimized losses through analysis, management, marketing and liquidation of REO properties.
Communicated strategies and decisions to investors in order to repair, price, negotiate and sell assets.
Communicated and guided Agents, Contracted and Vendors through transactions and operations to ensure turnkey disposition of assets.
Tracked pending, post and pre- sale assets using reports and spread sheets.
Met monthly quota/goals while maintaining quality matrix, provide service and manage relationships with customers and associates.
Communicated book loss reports and provide documentation supporting decision making for all assets.
Implemented process to ensure all HOA proceed were allied to the loss reserves.
Experience
7-10 Years
Level
Management
Education
Education
Reo Asset Manager I Resume
Objective : Seeking a position in a health care organization to effectively utilize training and experience to make a positive contribution to this organization and allow for personal growth.
Skills : Microsoft Word & WordPerfect, Excel, Access, Quattro Pro, PowerPoint. Alltel. DST, HSSN, Workout Prospector.
Description :
Determined appropriate marketing strategies to manage, maintain, and liquidate.
Obtained accurate property valuation and create marketing plan by analyzing Appraisals, BPO's and current market trends.
Managed, maintained and liquidated assigned REO properties.
Managed real estate agents.
Worked with attorneys and closing companies to ensure marketing and liquidation of properties.
Monitored general work performance of real estate agents and contractors.
Reviewed contract determining condition and value of properties as well as necessary improvements to expedite sale.
Experience
2-5 Years
Level
Executive
Education
Real Estate Principals
Assistant Reo Asset Manager Resume
Summary : Innovative and solution-focused real estate professional with experience in REO asset management including residential, commercial, government forfeitures and auction properties. Highly trained in corporate and real estate practices. Excellent communication skills with lenders, agents, contractors and inner-office team.
Skills : Real Estate Sales, Foreclosure, Loss Mitigation, Mortgage Banking, Residential, New Construction.
Description :
Analyzed BPO and appraisal for list strategy.
Negotiated and approved offers as per the client matrix.
Strong interactions with real estate agents throughout the REO disposition process.
Cross-trained on Eviction, Pre-Marketing, Title and Closing.
Made recommendations to management and clients in an effort to improve productivity.
Reviewed/approved repair bids and other required expenses as necessary.
Pursued title offices weekly for status updates to ensure timely closings.
Experience
7-10 Years
Level
Management
Education
General
Associate Reo Asset Manager Resume
Summary : To obtain a career with an organization where can contribute knowledge and skills through hard work and a positive attitude.
Skills : Medical Billing, Real Estate, Insurance, Insurance Verification, Sales.
Description :
Possessed a combination of over 15 years of experience in client relations and problem solving.
Responsible for managing and marketing a portfolio between 150-300 REO assets Average 107% of monthly sales goals Average 98.6% SP to ASP Ability to manage a large network of brokers and vendors to accomplish stated goals and timelines.
Maintained knowledge of real estate laws and common practices in multiple states Exemplary relationships with brokers, municipalities, and resident attorneys to stay in tune with local rules and regulations Evaluating & approving repairs, negotiating with repair vendors to obtain the best possible repair prices, ensuring repairs meet client standards.
Pursued title offices weekly for status updates to ensure timely closings.
Maintained detailed documentation within client support system equator.
Facilitated all decisions on managed assets spanning short sales, short payoffs, REO sales, foreclosures, and loan modifications.
Partnered with real estate brokers and various 3rd party vendors to market properties in effort to minimize loss and mitigate risk within portfolio.
Experience
10+ Years
Level
Senior
Education
Bachelor Of Arts
Reo Asset Manager/Director Resume
Summary : To acquire a position where can continue to build strong client relationships within the REO market, and successfully manage and disposition REO assets.
Skills : Mortgage Servicing, Portfolio Management, Management, Negotiations, Loss Mitigation.
Description :
Reviewed all title reports and foreclosure deeds to ensure clear titles are obtained in a timely manner and according to company policy.
Reviewed and Administered title reports to assure all items are accounted for and include, but not limited to, updating payoffs, taxes, and HOA.
Addressed and organized inquiries from agents, internal staff, and vendors professionally and in a timely manner.
Listed properties for sale, evaluate and negotiate offers, and obtain approvals as appropriate.
Input and maintained all required data and communications in RESNET.
Identified and resolve problems, monitor all processes, and achieve timely and effective disposition results within company goals.
Processed and maintained all contracts and sales through closing.
Experience
10+ Years
Level
Senior
Education
B.A. In Communication
Reo Asset Manager Resume
Objective : Over 16 years of Mortgage Banking experience with a strong emphasis on Underwriting, Loss Mitigation, Foreclosure, Bankruptcy, Collections, Commercial Real Estate, Real Estate Tax issues, Title and REO. MHA, Traditional Modification, short refinancing and short sales. Knowledge of Foreclosure Laws for 50 states Judicial and Non Judicial states.
Skills : Efficient in Microsoft Office knowledge, Quality Auditing, Technical Support and Online Research.
Description :
Managed the process of selling Foreclosed Properties across a diverse geographic area.
Evaluated and analyzed the econometrics of Real-Estate Owned Asset to formulate a timely and cost- effective, initial Marketing Action Plan (MAP).
Engaged with designated third party vendors to provide timely authorization for marketing plans, list price, offers, and expenses.
Evaluated Broker Price Opinions and/or Appraisals relative to recommended marketing plans submitted by designated vendor.
Ensured that most economically beneficial marketing plans are implemented Negotiate sales price and contract terms on offers to mitigate losses and ratify contracts on behalf of the corporation based on attainment of appropriate internal guidelines.
Assured compliance to all local, state, and federal laws.
Reviewed and approved discretionary expenditures based on approved strategies to ensure compliance with corporate expense guidelines and delegated authority.
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