PAAR Introduces NestRent.com - a Centralized Source for Rental Information in the Greater Peoria Area

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Realtors® are the voice for real estate in central Illinois, so it is not surprising that in the midst of this crisis, many displaced residents are looking to their real estate agents or to the Peoria Area Association of Realtors® (PAAR) for assistance in finding emergency housing. The PAAR believes it is vital that the Central Illinois community has a place to come together to provide rental housing information. It is for this reason that PAAR has asked the developers of NestRent.com to assist the association by providing their centralized website designed to organize available rental properties in the Greater Peoria area.

Many landlords have already agreed to accept short-term, as well as longer-term leases, for those affected by the tornados.

o   Landlords are encouraged to enter properties for rent on the NedstRent website.

o   NestRent has waived the requirement for a listing contract with a Realtor® and the landlord can enter the property themselves —pictures are not required.

o   Many property managers and agents have supplied PAAR with information regarding properties. They are requested to please go to www.nestrent.com and enter the details. PAAR understands that properties are renting almost as fast as they are entered.

o   Displaced homeowners are encouraged to contact a Realtor® to assist them with housing needs, or go directly to Nestrent.com to search for rental properties.

o   Properties with a future vacancy — even 30 to 60 days from now — can also be added to the NestRent.com system.

PAAR President Tonya Burris said, “We know that Washington, IL definitely will not be able to accommodate all the rental needs. We expect that some displaced residents will need to rent in other areas in the region. That may also be the case in Pekin and East Peoria. For all those attempting to reassemble their lives, we want them to know that Realtors® want to help them find suitable housing. If we all work together, the NestRent.com website can be an important central clearing house to match up landlords and their rental properties with residents who need housing.”

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