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ZipRealty Adds Leading Virginia Broker to Powered by Zip Network

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Copyright © Thomson Reuters 2013. All rights reserved.
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 510.735.2667 This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: ZipRealty via Thomson Reuters ONE [HUG#1680978]

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