ZipRealty Expands into Charlottesville

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ZipRealty to work with buyers and sellers in the Charlottesville, Virginia, Area

ZipRealty (NASDAQ: ZIPR; http://www.ziprealty.com), a national full-service real estate brokerage providing home buyers and sellers with high quality service and savings, announced earlier this month the Company’s plans to begin operations in Charlottesville, Virginia beginning June 1.

ZipRealty has operated in nearby Richmond since July 2007 offering clients round-the-clock access to detailed information and photos for MLS-listed homes, advanced home search tools and high levels of customer service from ZipRealty local, licensed agents.

“We’re excited to expand ZipRealty’s service to home buyers and sellers in Charlottesville, and continue to grow in Virginia,” said ZipRealty CEO Patrick Lashinsky. “Customers in Charlottesville will now have access to the best real estate information and local agents to provide professional service.”

As part of the expansion into Charlottesville, ZipRealty District Director Ralph Maggiore in Richmond, will be recruiting and training additional local, experienced real estate agents in each of the Company’s operational markets.

ZipRealty offers enhanced customer service through its proprietary Internet technology and the personal attention of local employee-agents, while offering buyers up to 20 percent of its commission and selling homes for as much as 25 percent less than the typical market commission.

About ZipRealty
ZipRealty is a full-service residential real estate brokerage firm. The Company utilizes its user-friendly Web site and employee real estate agents to provide home buyers and sellers with high-quality service and value. ZipRealty's Web site provides users with access to comprehensive local Multiple Listing Services’ home listings data, as well as other relevant market and neighborhood information. The Company's proprietary business management system and technology platform help to reduce costs, allowing the Company to pass on significant savings to consumers. Founded in 1999, the company operates in 35 major markets in 22 states and the District of Columbia. For more information on ZipRealty, visit http://www.ziprealty.com or call 1-800-CALL-ZIP.

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