REO Asset Specialist

Coast One Mortgage; Coppell (TX); On-site; USD 50,000 - 65,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

401(k) matching

Paid maternity leave

Tuition reimbursement

Employee mortgage loan program

Job summary

Newrez is seeking an REO Asset Specialist I to manage a nationwide portfolio of foreclosed residential properties. You will coordinate pre-marketing steps and assign broker opinions for 175–200 assets.

The role requires a college degree or equivalent experience, strong real estate knowledge, and excellent customer service in a fast-paced, on-site environment.

Qualifications

• College degree required; relevant experience may substitute.
• 0–2 years of experience in real estate or asset management.
• Strong customer service and communication skills.

Responsibilities

• Handle a fast-paced workload and meet deadlines.
• Manage 175–200 REO assets portfolio.
• Build relationships with clients and keep them informed of progress.
• Monitor properties from possession to list.
• Assign Broker Price Opinions to listing agents.
• Coordinate second opinions or appraisals with vendors.
• Review valuations for accuracy.
• Order title work and monitor price reductions.
• Transmit executed contracts to agents and closing vendors.
• Communicate information effectively to others.
• Perform other duties as assigned.

Skills

Real estate knowledge

Customer service

Multi-tasking

Time management

Education

College degree

Tools

Microsoft Office

Job description

Who We Are At Newrez, we bring big thinkers and caring doers together to make home happen. We're a team built on heart and hustle, united by a commitment to show up for our customers, our communities, and each other. We believe that when our people thrive, homeowners thrive - and that's why we invest in your growth, wellbeing, and ability to make an impact. Every day, we work to exceed the expectations of our residential mortgage borrowers and business partners through superior service, simple processes, and clear communication. We do this by empowering our employees, encouraging innovative solutions and recognizing great performance.

POSITION SUMMARY

The REO Asset Specialist I is responsible for assigning a portfolio of foreclosed residential properties nationwide to approved brokers. They assist in the sales process of REO properties by expediting pre-marketing activities. The REO Asset Specialist I handles a total portfolio of 175 to 200 REO assets.

DESCRIPTION

Essential Functions, Duties, and Responsibilities

• The ability to handle work in a fast-paced environment and be able to meet or exceed deadlines.
• Ensuring our client properties are handled with timeliness and accuracy.
• Build excellent relationships with clients and keep them informed of property progress.
• Monitor properties from possession to list.
• Assign Broker Price Opinion to assigned listing agent.
• Assign second opinion Broker Price Opinion or Appraisal from selected vendor.
• Review completed valuations for accuracy.
• Order title from selected vendor Monitor portfolio and complete standardized price reductions.
• Send executed sales contracts to the listing agent and closing vendor.
• Ability to effectively and accurately convey information to others.
• Performs related duties as assigned by management.

Qualifications and Education Requirements

College degree required; equivalent work experience may be considered in lieu of degree. 0-2 years' experience.

Skills, Abilities, and Knowledge

Real estate knowledge considered a plus. Excellent customer service skills Ability to work efficiently in a multi-tasked environment. Prioritize tasks with a sense of urgency. Extended hours and overtime when needed. Working Knowledge of Microsoft Office suite

Work Environment and Physical Requirements

Working on-site at assigned office location. Regular and punctual attendance adhering to schedule established by leadership. Flexibility to work occasional adjusted work schedules, overtime, and evening and/or weekend hours to meet deadlines or as business needs demand. Working in a cubicle hub, maintaining focus on phone calls in a noisy environment within earshot of multiple other conversations. Sedentary work in a stationary position at a cubicle for prolonged periods of time. Constant repetitive motions required for operating a computer, such as typing and managing phone calls. Constantly communicating effectively verbally in English, including accurately exchanging information with others following identification of correct procedures.

Additional Information

Additional Information: While this description is intended to be an accurate reflection of the position’s requirements, it in no way implies/states that these are the only job responsibilities. Management reserves the right to modify, add or remove duties and request other duties, as necessary. All employees are required to have smart phones that meet Company security standards with the ability to install apps such as Microsoft Authenticator. Employment will be contingent on this requirement.

Why Newrez

We're a great place to work because we invest in what matters: your career, your community, your wellbeing, and your future. Our total rewards package is designed to support your whole self. Company Benefits: We offer benefits, programs, and perks that support you in every aspect of your life.

• Medical, dental, and 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 & Certification reimbursement
• Employee Mortgage Loan Program
• The Newrez Employee Emergency and Disaster Fund is a program to support our team members experiencing hardships
• Newrez NOW: Through Newrez NOW, our Corporate Social Responsibility program, you'll have opportunities to give back, lead, and make a difference.
• 1 company-paid Volunteer Time Off day (with over 40,000 volunteer hours contributed since our inception)
• Matching Gifts Program - dollar-for-dollar up to $1,000
• Access to grants, nonprofit resources, and volunteer opportunities
• More than $6,000,000 donated since 2020
• 1 in 5 employees participates in at least one Employee Resource Group (ERG)

Equal Employment Opportunity

We're proud to be an equal opportunity employer- and celebrate our employees' differences, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, and Veteran status. Different makes us better.

CA Privacy Policy

CA Notice at Collection The right company in the right industry. In both good economic times and bad, people need homes - and mortgages to buy them. We help these people every day buy homes or refinance their current mortgage loans. In addition to offering an in-demand product, there are two things you should know about us: We value and reward entrepreneurial spirit, and we are growing. Few lenders are as innovative, as financially solid, as well managed and on track to become America's leading lender as the Newrez Family of Companies. We deliver products and services that turn prospects into delighted customers -providing abundant opportunity for the great people who work here. These competitive advantages set us apart, and they're why you can grow with us for the long term.