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ZipRealty Plans Expansion into New York State

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RISMEDIA, September 3, 2007-ZipRealty, 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 New York State. The Company plans to operate in Nassau, Suffolk and Westchester counties by the end of the year.Immediate next steps for ZipRealty include opening offices on Long Island and in Westchester County, as well as hiring both a management team along with local, licensed agents. As is true for each market the Company operates in nationally, ZipRealty offers 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 local agents.

“We’re excited to introduce ZipRealty to tech-savvy home buyers and sellers in New York, and expand our overall presence on the east coast,” said ZipRealty CEO Patrick Lashinsky. “This year, we’ve focused on aggressively expanding our national footprint, and with the expected launch of New York during the fourth quarter we will meet our stated goal of opening in 12 new markets by the end of the year.”

ZipRealty has been serving home buyers and sellers in the neighboring Boston market since April 2000, and greater Philadelphia since December 2006. The company currently employs more than 2,000 employee-agents across the country. According to the company, ZipRealty offers enhanced customer service through its proprietary Internet technology and the personal attention of local employee-agents, while generally giving buyers 20% of its commission and selling homes for up to 25% less than the typical market commission.

For more information, visit www.ziprealty.com or call 1-800-CALL-ZIP (1-800-225-5947).

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