Business Details
21 Years
experience
Trusted Real Estate Experts in Aurora, IL
COMPASS REO is a minority and woman-owned real estate brokerage with close to 20 years of expertise in REO property management and 30 years of experience in traditional residential real estate. Founded by Marisa Barragan, our firm specializes in guiding homeowners and investors through complex real estate transactions across the Chicagoland area. Our team provides comprehensive services for traditional sales, foreclosed properties, and HUD home listings while maintaining strong relationships with local vendors and financial institutions.We prioritize personalized service, leveraging market insights and innovative marketing strategies to maximize property exposure and client value. Our commitment extends beyond transactions through community support for organizations like The Make-a-Wish Foundation and local schools.
Services
Residential Real Estate
REO Property Sales
Foreclosure Management
HUD Home Listings
Investment Property Sales
Details
- Year established: 2005
Highlights and features
- We offer 20 years of specialized REO property expertise
- Our team has 30 years of combined traditional real estate experience
- Minority and woman-owned business with local market understanding
- We maintain established relationships with major banks and lenders
- We provide personalized service for both advantaged and troubled homeowners
Services
REO Property Management
We specialize in managing and selling foreclosed properties for banks and government agencies. Our comprehensive services include property preservation, condition assessments, and marketing strategies tailored to REO assets. With 20 years of specialized experience, we ensure these properties maintain community standards while maximizing returns through proven sales techniques.
Residential Real Estate
Our traditional real estate services span 30 years of helping families buy and sell homes. We provide market analysis, pricing strategy development, and targeted marketing to maximize property exposure. Our agents use localized market knowledge and industry tools to ensure smooth transactions for standard residential properties across Chicagoland.
Foreclosure Sales
We facilitate the purchase and sale of distressed properties through expert negotiation and market positioning. Our team handles complex transactions including occupant negotiations, property inspections, and lender communications. We maintain a network of contractors for property maintenance and preparation to enhance marketability of foreclosure listings.
HUD Home Listings
We manage HUD property listings and assist buyers through the specialized government home purchasing process. Our services include contract review, HUD form completion, and coordination with federal agencies. We provide expert guidance on HUD-specific requirements and help buyers maximize available incentives and financing options.
Investment Property Sales
We serve cash investors and institutional buyers seeking distressed property opportunities. Our services include market analysis of investment potential, comparative sales data, and portfolio strategy guidance. We maintain relationships with major investment firms to connect buyers with high-potential properties in diverse neighborhoods across our service areas.
People
Marisa Barragan
Supervising Broker
Owner and supervising broker with 20 years of REO expertise and 30 years in real estate. Personally oversees all property inspections and manages day-to-day operations. Extensive experience in distressed property transactions and investor relations.
Questions
What does REO mean?
REO stands for Real Estate Owned. These properties are bank-owned following unsuccessful foreclosure auctions. We specialize in listing and selling these properties.
Is COMPASS REO a typical real estate agency?
We are a residential real estate brokerage with specialized expertise in REO properties and government housing programs. We serve all home buyers and sellers while maintaining unique relationships with banks and HUD.
What areas do you service?
We serve primary counties including Kane, DuPage, Cook, Kendall, and Will. Our extended service includes Ogle, Lee, Winnebago, Boone, McHenry, Lake, and Kankakee counties throughout Chicagoland.
How do you price homes competitively?
We analyze local market trends and recent sales data to determine optimal pricing. Our agents provide Comparative Market Analyses and consider neighborhood characteristics to position properties for maximum exposure and profit.
Do you work with investor clients?
Yes, we maintain strong relationships with cash buyers and investment companies. Our team understands investor needs and provides detailed market analysis to help identify properties with the best investment potential.
How can you help with foreclosure avoidance?
We provide guidance for troubled homeowners through short sales, loan modifications, and other alternatives to foreclosure. Our experience with both banks and homeowners helps facilitate solutions during difficult financial situations.
Reviews (1)
Munir Siddiqi
May 03, 2021
Report
Marisa is a real pro in real estate. Thanks to Marisa our property received an offer the first day and the contract signed next day. She prepared a high tech excellent sale presentation of our property and kept us informed of all daily activity. After signing of sale contract she was available all time for any of our concerns. Also I was impressed by her dedication to stay on top of all
sales procedures. I will surely recommend her and will happily seek her services for future.
sales procedures. I will surely recommend her and will happily seek her services for future.
