ZipRealty Adds Leading Virginia Broker to Powered by Zip Network

2013-02-25 20:01:32 -

William E. Wood and Associates becomes the latest top brokerage to use the
Powered by Zip platform and expand the network's footprint in southeastern

EMERYVILLE, Calif., Feb. 25, 2013 - ZipRealty, (; NASDAQ:
ZIPR), the leading online technology-enabled residential real estate brokerage
company, will provide its Powered by ZipRealty program to William E. Wood and
Associates, bringing ZipRealty's total number of participating brokerage
partnerships to 15. The Powered by Zip program provides leading brokerage
William E. Wood and Associates with a comprehensive solution to attract,
incubate and close real estate transactions on behalf of home buyers and sellers
via its comprehensive technology solution.

"ZipRealty technology powers key metropolitan areas in Virginia, including
Richmond, and now all of southeastern Virginia as well as northeastern North
Carolina, through our Powered by Zip Program," says Lanny Baker, Chief Executive
Officer and President of ZipRealty. "The combination of our strong broker-
partners, their local agents and our cutting-edge technology platform will
empower prospective homebuyers and sellers in vital southeastern real estate
markets," he notes.

Established in 1972, William E. Wood and Associates is one of the largest
independent residential brokerages in southeastern Virginia with 15 offices,
annual sales volume exceeding $1.3 billion and more than 500 full-time agents.

The Powered by Zip program includes online customer sourcing and effective agent
marketing in addition to Zap, the most innovative customer service solution in
the real estate industry for agents, brokers and home buyers. Zap combines
ZipRealty's industry-leading CRM with its website and mobile application, the
most powerful suite of real estate marketing tools in the United States. Zap
integrates these dynamic platforms to give prospective home buyers superior
customer service, while providing agents with sophisticated insight into their
clients' online home search activity. Brokers can integrate and use the system
with their own online buyer and seller leads, plus receive all buyer and seller
leads generated from the website within the broker's market. leads will be passed directly to William E. Wood's market pursuant
to the Powered by Zip program.

"Powered by Zip gives us the ability to improve our lead generation and provide
tailored service to home buyers who have the highest propensity to close real
estate transactions," says Richard Thurmond, President of William E. Wood and
Associates. "We're now able to provide our current and potential clients with
the most comprehensive home search process and real estate data available, and
Powered by Zip has the best platform for keeping customers engaged throughout
the process. We believe this combination will result in an increase in our
annual transactions and our long-term relationships with serious home buyers."

ZipRealty is actively expanding the Powered by Zip Network and is seeking to
partner with strong, local brokerages in major MSAs.

About ZipRealty, Inc.
ZipRealty is a leading national real estate brokerage and provider of
proprietary technology and comprehensive online marketing tools for the
residential real estate brokerage industry. For home buyers and sellers who
increasingly want control, choice and a seamless, customized service, ZipRealty
offers Internet-enabled, state-of-the-art technology and complete access to
accurate, timely information via their website and mobile applications, which
real estate professionals can combine with their own local knowledge and
personal expertise to offer an exceptional start-to-finish client experience.
For real estate professionals who seek more productive ways to conduct business,
ZipRealty provides technology and online marketing tools to enhance their online
sales channel, including lead generation, conversion and service of their
clients. ZipRealty's technology and online marketing products serve its full-
service, owned-and-operated residential real estate brokerage business in 19
markets nationwide, as well as its Powered by Zip network of leading third-party
local brokerages in 15 markets.

Media Contact: Stacey Corso

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