Asset Manager

This is a fully remote position, open to applicants in United States.

📋 Description

• Oversee a substantial portfolio of residential REO assets across various markets nationwide.

• Formulate and implement disposition strategies aimed at maximizing investor returns while fulfilling client performance goals.

• Track portfolio performance metrics, service level agreements (SLAs), timelines, and operational benchmarks.

• Assess market dynamics, inventory patterns, property performance, and buyer interest to refine pricing and sales strategies.

• Deliver reporting, forecasting, and strategic recommendations to clients and leadership.

• Identify opportunities to enhance net recovery through repairs, renovations, occupancy strategies, and targeted marketing initiatives.

• Review and authorize property budgets, vendor suggestions, preservation expenses, and capital improvement proposals.

• Collaborate with property management, field services, and vendors to secure and maintain assets.

• Recognize and escalate risks, compliance concerns, operational obstacles, and opportunities for process enhancements.

• Manage the disposition process from pre-listing through to closing.

• Decide on marketing channels including MLS listings, online auctions, and bulk sales.

• Assess offers, negotiate contract terms, obtain approvals, and facilitate the closing process.

• Work closely with sales, marketing, and product teams to enhance asset visibility and engage buyers.

• Review BPOs, appraisals, CMAs, and valuation reports to inform pricing decisions.

• Perform financial and market analysis for strategic recommendations and portfolio planning.

• Guide investors, clients, servicing partners, brokers, and buyers throughout the asset's lifecycle.

• Maintain communication regarding portfolio performance, asset strategies, market conditions, and transaction statuses.

• Assist in client meetings, portfolio reviews, and business development efforts.

• Keep accurate records and transaction activities in Equator and other asset management platforms.

• Ensure adherence to investor guidelines, regulations, company policies, and procedures.

• Monitor foreclosure timelines, title complications, and transaction milestones.

⛳️ Requirements

• Minimum of 3 years of experience in REO asset management, default servicing, real estate disposition, or related real estate operations.

• Experience managing institutional or large-scale residential real estate portfolios.

• Demonstrated ability to negotiate real estate transactions and manage assets through the disposition process.

• Comprehensive knowledge of foreclosure, REO, loss mitigation, title, escrow, and residential real estate transaction processes.

• Familiarity with HUD, FHA, VA, GSE, and investor servicing requirements.

• Understanding of real estate auction platforms and disposition strategies, including online auction sales.

• Strong analytical capabilities with a knack for interpreting market trends, property valuations, and financial data.

• Exceptional negotiation, communication, relationship management, and problem-solving skills.

• Proficiency in Microsoft Office Suite, Equator, and other real estate asset management systems.

• Experience with Hubzu, RES.NET, Equator, or similar REO disposition platforms.

• Background in managing bulk sales, portfolio sales, or institutional investor relationships.

• Knowledgeable about property preservation, field services, and vendor management practices.

🏝️ Benefits

• Competitive base salary of $60,000 plus additional commission.

• 401k plans available.

• Comprehensive medical, dental, and vision insurance plans.

• Life insurance coverage.

• Short-term and long-term disability benefits.

• Paid holidays provided.

• 19 days of paid time off in the first year, totaling 28 paid days off annually.

• Employee discounts on movie tickets, Verizon cell phone service, Microsoft Office, and more.

• Opportunities for employee training.

• An inclusive workplace culture.

• Fair and equitable hiring, training, and advancement opportunities.