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ZipRealty Announces Fourth Quarter and Full Year 2011 Results

EMERYVILLE, Calif. - March 6, 2012 - ZipRealty, Inc. (NASDAQ: ZIPR), the nationally-ranked real estate brokerage powered by proprietary technology and effective online marketing, today announced financial results for the fourth quarter and year ended December 31, 2011.  The complete report is available on the company's website at  www.ziprealty.com and at the end of this document.

Conference Call Details
A conference call to discuss fourth quarter financial results will be webcast live on Tuesday, March 6, 2012 at 5:00 p.m. Eastern Time on the investor relations section of ZipRealty's website,  www.ziprealty.com. Listeners may also access the call by dialing 800-510-9834, passcode: 42659675. 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 national provider of proprietary technology and online marketing capabilities in the residential real estate brokerage industry. For home buyers and sellers who increasingly demand control, choice and seamless, customized service, the Company offers Internet-enabled, state-of-the-art technology and access to information that real estate professionals can combine with their own local knowledge and personal expertise to offer an exceptional start-to-finish experience to their clients. For real estate professionals who seek more productive ways to conduct business in our fiercely competitive industry, the Company provides technology and online marketing tools to enhance their online sales channel, including the attraction, incubation and service of their clients. The Company's technology and online marketing products serve its full-service, owned-and-operated residential real estate brokerage business in 21 markets nationwide, as well as its Powered by Zip network of leading third-party local brokerages in six markets. For more information on ZipRealty, visit  www.ziprealty.com or call 1-800-CALL-ZIP.

Click here to see the 4Q 2011 Earnings Release:


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"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.