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iNest Realty Reports Record Quarter

Friday, April 4, 2003 - 02:53

Company Press Release
Chicago
April 4, 2003

iNest Realty (www.iNest.com), the online real estate broker specializing in newly constructed homes, recorded its best quarter in company history during the 1st Quarter of 2003. The 1st Quarter sales contracts surpassed iNest's previous record quarter by 19% and the year ago first quarter by 61%.

iNest has assisted over 3,400 clients in home searches that have led to signed sales contracts totaling over $650 million, saving homebuyers more than $6.5 million in the process.

iNest's interface brings homebuyers and builders together by providing a unique directory of builders and new home communities in 17 top home building states. iNest has created over 400 micro-sites for the builders featured on its website. These micro-sites provide information on 6,500 new home communities, allowing homebuyers to search for new home communities and view information about home styles and floor plans prior to visiting builder sales offices.

Consumers who purchase a home from one of the company's 400 featured builders using iNest’s cash-back coupons receive a 1 percent rebate on the base price of the home shortly after escrow closes. iNest’s service is currently available in 17 states that collectively include 85% of the top home building markets, with additional expansion into new markets planned for the rest of 2003. (View map at www.internest.com/xyz/newhomesstart.asp)

About iNest
iNest, based in Chicago's western suburbs, is the pioneering real estate broker specializing in providing consumers with unsurpassed value throughout their search for and purchase of newly constructed homes. iNest provides this value to consumers by combining information resources available on its site about its partner homebuilders, its network of field agents, its experienced New Home Specialists that are available 7 days a week, and a 1% rebate to consumers who utilize the iNest website and patent-pending program when making their new home purchase.

For more information on iNest and its cash back program for new homebuyers, visit www.iNest.com.

Contact:
Randy Pickard
iNest
rpickard@inest.com
630-529-7500 x 554

 

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