iNest

iNest teams up with Northwest Airlines and new home builders to offer airline miles for home purchases.

Buy a newly constructed homes and earn 5,000 miles per $10,000 of base price PLUS 15,000 Bonus Miles. Earn up to 100,000 miles on the purchase of a $200,000 home, plus a 15,000 mile bonus.

They say:

iNest’s unique relationship with leading homebuilders, and our patented program, allows us to streamline the real estate sales process and pass the savings along to you in the form of WorldPerks miles. Your rebate is a portion of the sales commission earned by iNest Realty when you purchase your new home as an iNest registered user.

If you go to their website and enter your state, they’ll send you a list of new homebuilders in your area. In our area, the prices of homes are so high, you can actually get enough miles to earn 8 to 12 airline tickets. Is this enough incentive for someone to buy a new home? Probably not. But if they were going to buy a new home anyway, it might be worth looking in to, though I think the cost (about 5 cents a mile) is hidden somewhere in the acquisition costs.

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