Negotiator sales vs loss mitigation specialist

The differences between negotiator sales and loss mitigation specialists can be seen in a few details. Each job has different responsibilities and duties. Additionally, a loss mitigation specialist has an average salary of $43,251, which is higher than the $33,654 average annual salary of a negotiator sales.

The top three skills for a negotiator sales include financial statements, foreclosure and mitigate loss. The most important skills for a loss mitigation specialist are customer service, loan modifications, and foreclosure process.

Negotiator sales vs loss mitigation specialist overview

	Negotiator Sales	Loss Mitigation Specialist
Yearly salary	$33,654	$43,251
Hourly rate	$16.18	$20.79
Growth rate	5%	-8%
Number of jobs	1,702	7,596
Job satisfaction	-	3.67
Most common degree	Bachelor's Degree, 55%	Bachelor's Degree, 51%
Average age	49	46
Years of experience	-	12

Negotiator sales vs loss mitigation specialist salary

Negotiator sales and loss mitigation specialists have different pay scales, as shown below.

	Negotiator Sales	Loss Mitigation Specialist
Average salary	$33,654	$43,251
Salary range	Between $25,000 And $44,000	Between $34,000 And $54,000
Highest paying City	-	Virginia Beach, VA
Highest paying state	-	Maryland
Best paying company	-	Accenture
Best paying industry	-	Professional

Differences between negotiator sales and loss mitigation specialist education

There are a few differences between a negotiator sales and a loss mitigation specialist in terms of educational background:

	Negotiator Sales	Loss Mitigation Specialist
Most common degree	Bachelor's Degree, 55%	Bachelor's Degree, 51%
Most common major	Business	Business
Most common college	-	-

Negotiator sales vs loss mitigation specialist demographics

Here are the differences between negotiator sales' and loss mitigation specialists' demographics:

	Negotiator Sales	Loss Mitigation Specialist
Average age	49	46
Gender ratio	Male, 49.2% Female, 50.8%	Male, 40.4% Female, 59.6%
Race ratio	Black or African American, 5.3% Unknown, 4.3% Hispanic or Latino, 13.3% Asian, 6.9% White, 69.8% American Indian and Alaska Native, 0.3%	Black or African American, 13.9% Unknown, 3.9% Hispanic or Latino, 20.7% Asian, 3.4% White, 57.6% American Indian and Alaska Native, 0.5%
LGBT Percentage	13%	8%

Differences between negotiator sales and loss mitigation specialist duties and responsibilities

Negotiator sales example responsibilities.

Manage the sales per FHLMC guidelines to ensure the integrity of each sale.
Process FHA short sale loans in a high pressure environment, previously negotiate for FNMA short sales.
Evaluate valuations of the property which includes BPO and appraisal analysis, for end of the month records.
Evaluate economics of the property (including BPO and appraisal analysis) for month-end figures and the best marketing disposition plans
Conduct initial file reviews and determine the specific investor guidelines, mortgage insurance guidelines, foreclosure procedures, and bankruptcy procedures.
Maintain full delegation authority representing investors for short sale negotiation, settlement offers & deed in lieu of foreclosure liquidation solutions.

Loss mitigation specialist example responsibilities.

Manage internal team SharePoint and document repository.
Document accurate loss mitigation reviews and foreclosure details via MSP.
Submit Medicare claims through DDE.
Deal with Nielsen and Rentrak to monitor advertiser ad ratings
Check accounts for accuracy according to Medicare HMO guidelines.
Resolve customer disputes and prepare adjustments to A/R when necessary.

Negotiator sales vs loss mitigation specialist skills

Common negotiator sales skills

Financial Statements, 13%
Foreclosure, 12%
Mitigate Loss, 11%
Tax Returns, 6%
BPO, 5%
Bank Statements, 5%

Common loss mitigation specialist skills

Customer Service, 13%
Loan Modifications, 9%
Foreclosure Process, 8%
Inbound Calls, 5%
Loss Mitigation Options, 4%
Payment Arrangements, 3%

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Negotiator Sales
Negotiator Sales vs Loss Mitigation Specialist

Updated January 8, 2025

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