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ZipRealty Announces Conference Call to Discuss Fourth Quarter 2011 Financial Results

EMERYVILLE, Calif. - February 24, 2012 - ZipRealty, Inc. (NASDAQ: ZIPR) today announced that management will conduct a conference call to discuss fourth quarter financial results for 2011 on Tuesday, March 6, 2012 at 5:00 pm ET. Investors seeking access to the call are asked to dial: 800.510.9834, passcode: 42659675. A press release with fourth quarter financial results for 2011 will be issued at approximately 4:00 pm ET that same day.

The conference call will be simultaneously webcast on the Investor Relations portion of the Company's website, www.ziprealty.com. A replay of the call will also be available through March 13, 2012, at 888.286.8010, passcode: 88029066.

About ZipRealty, Inc.  
ZipRealty is a leading full-service residential real estate brokerage focused on finding better, faster ways to connect home buyers and sellers with the information, tools and professional services they value to complete their residential real estate transactions. The Company offers a combination of a leading online presence, robust proprietary technology and knowledgeable local real estate professionals in the field. The Company`s award-winning, user-friendly website and mobile applications give its users on-the-go access to comprehensive local Multiple Listing Services home listings data, as well as other relevant market and neighborhood information and tools. The Company`s proprietary technology, including its agent productivity platform, helps increase the efficiency of real estate agents while reducing customer acquisition and management costs, allowing the Company to invest in making its value proposition differentiated and more attractive both to home buyers and sellers and to agents. Founded in 1999, the Company operates in 24 major markets in 18 states and the District of Columbia. The Company also has referral arrangements with third-party brokerages in six markets. For more information on ZipRealty, visit www.ziprealty.com or call 1-800-CALL-ZIP.


HUG#1588979
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding ZipRealty, Inc.'s business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.