REO Specialists will be responsible for assisting the REO Supervisor as it relates to managing and dispositioning of single-family homes (1-4 units) Real Estate Owned (REO) and custodial properties through listing, marketing and selling REO Disposition properties. At times properties will be disposed of through Sealed Bids or through Auction processes. REO Specialists must work well with real estate agents to market the properties as well with appraisal companies, title companies, attorneys and ... more details
Job Description
REO Specialists will be responsible for assisting the REO Supervisor as it relates to managing and dispositioning of single-family homes (1-4 units) Real Estate Owned (REO) and custodial properties through listing, marketing and selling REO Disposition properties. At times properties will be disposed of through Sealed Bids or through Auction processes. REO Specialists must work well with real estate agents to market the properties as well with appraisal companies, title companies, attorneys and closing agents to ensure properties move through the disposition process as smoothly as possible at all times. REO Specialist responsibilities for this job include, but are not limited to:
Oversite of disposition vendors to include training, updating system of record with daily information obtained, issuing work orders for services.
Ensure high quality of vendors are selected for work assignments, based on previous work quality and vendor scorecards.
Work closely with REO Supervisor to resolve escalated issues or concerns.
Work closely with REO Supervisor with compiling client required reporting.
Experience with working with HOA’s, Code Compliance, and if necessary, law enforcement.
Prepare Foreclosure Bids for Foreclosure Sale.
Assign recurring and one-time work orders for inspection reports and property appraisals.
Assign properties for eviction process, if needed.
Assign properties to Listing Broker/Agents for marketing and sale of property.
Monitor progress of marketing through closing to ensure a timely sale.
Interact with REO Supervisor to ensure overall cost efficiency with the marketing and sale of assets within their portfolio.
Review sale offers, review counter offers, seek approval acceptance of contract and/or negotiations, assign property to closing agents/attorneys for closing process.
Work with local realtors as needed to meet client needs.
Work with closing agents and/or attorneys to ensure a timely closing.
Assist with curative title issues, as needed.
Excellent communication skills, including excellent phone etiquette and a demonstrated ability to communicate professionally in verbal and written forms and instant messaging environment with teammates.
Above average computer skills working in proprietary software environment, TEAMS, Microsoft Office, including but not limited to, Outlook, Word, Excel, SharePoint, PowerPoint.
Ability to meet hard deadlines and work in fast-paced environment.
Attention to detail is a must and a background with a title closing, title curative resolution, reviewing surveys, reviewing appraisals would be helpful.
Ability to review contracts, work closely with title agencies, attorneys and real estate agents.
A background in identifying title curative issues.
Qualifications
Must pass pre-employment screening and undergo government suitability investigation.
2+ years of real estate, title escrow/closing agent, property management experience is preferred in similar work environment (government contractor).
Additional Information
ISN Corporation is an Equal Opportunity Employer
ISN Corporation is an Equal Employment Opportunity/Affirmative Action employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, age, national origin, protected veteran status, disability status, marital status, genetic information, or any other characteristic protected by law.
ISN Corporationis a Drug-Free Workplace. Candidates are required to pass a pre-employment background investigation before beginning employment.
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