"In a competitive real estate marketplace, we want to be sure our agents are highly motivated to provide the best possible service to help our clients buy and sell their homes," said David Rector, chief financial officer, ZipRealty, Inc. "A competitive and well-managed sales compensation program provides that motivation. We look forward to using Compel to automate our compensation programs, and especially to provide our ZipAgents with secure, web-based dashboards so they can monitor their own earnings and performance."

Centive Compel is an affordable, on-demand solution that automates the entire sales compensation process in one secure, centralized system. Compel provides powerful tools like plan modeling, commission expense forecasting, custom reporting and performance analytics to help companies optimize plan effectiveness and drive sales performance and top-line revenue growth. Compel supports compliance initiatives such as Sarbanes Oxley by providing accuracy, security, automated process controls and a complete, valid audit trail. Centive is the only on-demand sales compensation management vendor to earn a SAS 70 Type II control review certification.

"As a publicly traded company, security and compliance are two of the key requirements for our sales compensation solution," added Mr. Rector. "Compel proved to be the best solution for our requirements, and Centive has demonstrated its commitment to the product by obtaining a SAS 70 Type II certification."

"ZipRealty is clearly a leader in the use of both on-line technology and experienced agents to support their clients' real estate transactions," said Michael Torto, president and CEO, Centive. "They are also a leader in the use of technology to support internal business processes. That's why we are especially pleased that ZipRealty selected Compel as the best solution for managing sales compensation and motivating their ZipAgents to achieve the highest levels of success."

About Centive

Centive, headquartered in Lowell, MA, is the recognized leader in on- demand sales performance management. Companies use Centive Compel, hailed by CIO Magazine as the "most widely used choice for sales compensation management," to accurately model and forecast commission costs, calculate commission and bonus earnings and gain real-time visibility into sales performance metrics. Compel, a salesforce.com AppExchange certified solution, is a winner of the CODiE award for "Best Financial Software," the CRM Excellence and Product of the Year awards from Customer Inter@ction Solutions, and the CRM WizKids Award from Beagle Research. Centive is the first and only on-demand sales compensation / sales performance management vendor to be recognized as a SAS-70 Type II service provider. To learn more about Centive, please visit http://www.centive.com or call 1-877-CENTIVE

Centive, Compel, Inspire Performance, From Prospect to Paycheck and the Carrot logo are registered trademarks of Centive, Inc. All other company or product names are or may be trademarks of their respective owners.

    Media Contact:  Cindy Martin
                    Centive
                    781-852-3500
                    cmartin@centive.com

SOURCE Centive

http://www.centive.com

About ZipRealty

ZipRealty is a full-service residential real estate brokerage firm using the Internet and proprietary technology to provide home buyers and sellers with information, service and savings. Founded in 1999, ZipRealty is now the second most trafficked real estate brand on the Internet according to a recent report by Hitwise and currently operates in 34 major metropolitan areas in 19 states and the District of Columbia. The Company's client-centric business model utilizes a feature-rich Web site that enables home buyers and sellers to view, search and sort through comprehensive local Multiple Listing Services home listings and other relevant neighborhood and housing data. Buyers working with ZipRealty receive a rebate worth 20 percent of the Company's commission after closing, and sellers save up to 25 percent of the typical market commission. For more information on ZipRealty, visit www.ziprealty.com or call 1-800-CALL-ZIP (1-800-225-5947).

Cautionary Language

This release contains forward-looking statements within the meaning of the "safe harbor" provisions of the federal securities laws, including, without limitation, that our full-service, non-traditional business model helps to reduce costs and pass on significant savings to consumers, that current housing market trends of increased inventory and tightening credit continue. The forward-looking statements are subject to risks and uncertainties that could cause actual events to differ materially from those projected, including the risk factors set forth in our Form 10-K filed with the SEC for the fiscal year ended December 31, 2007 and other filings with the SEC including our quarterly Form 10-Qs and periodic Form 8-Ks. The forward-looking statements included in this release are made as of today's date and, except as otherwise required by law, we do not intend to update these forward-looking statements to reflect events or circumstances after the date hereof.

Marcus Gamo
Allison & Partners
415-277-4925
Email Contact

Katie Clark
Allison & Partners
415-277-4923
Email Contact

SOURCE: ZipRealty

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"It's tough to turn on the radio or the television these days without hearing someone hawking 'foreclosure bargains,' but more often than not, these lists are outdated or inaccurate, including homes where the owner might have simply missed a few payments or that are already under contract," explains ZipRealty president and CEO Patrick Lashinsky. "We wanted to make sure that the data we offer interested buyers matches what's actually available and has as much information as they need to decide whether it's a consideration in their home search process."

About ZipRealty, Inc.

ZipRealty is a full-service residential real estate brokerage firm. The Company utilizes its user-friendly Web site and employee real estate agents to provide homebuyers and sellers with high-quality service and value. ZipRealty's Web site provides users with access to comprehensive local Multiple Listing Services home listings data, as well as other relevant market and neighborhood information. The Company's proprietary business management system and technology platform help to reduce costs, allowing the Company to pass on significant savings to consumers. Founded in 1999, the company operates in 35 major markets in 20 states and the District of Columbia. For more information on ZipRealty, visit www.ziprealty.com or call 1-800-CALL-ZIP.

Marielle Covington
Allison & Partners
415-277-4929
Email Contact

Marcus Gamo
Allison & Partners
415-277-4925
Email Contact

SOURCE: ZipRealty

http://www2.marketwire.com/mw/emailprcntct?id=DF2712E2760B64D9
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When the home is taken off the market or when the list price of the home is adjusted, the votes for the home are removed and the home is reset on the list of ranked homes in that area.

The "Vote for Value" option is the latest in a variety of online community features the leading online residential real estate brokerage has introduced in recent years. ZipRealty clients are able to post reviews and comments about listed homes with a "Client Ratings" feature that launched in 2006. In July 2008, the company introduced a real estate IQ quiz called "Price Me Now," inviting users to guess sale prices on listed homes in select U.S. markets.

"Whether searching for a home online or speaking with close friends, home buyers are always interested to find out what others may consider to be a good home for the price," said Patrick Lashinsky, ZipRealty's president and CEO. "We believe that our new 'Vote for Value' feature is a great addition to ZipRealty.com. It's another tool that brings our online community together to exchange ideas about their local real estate market."

About ZipRealty, Inc.

ZipRealty (NASDAQ: ZIPR) is a full-service residential real estate brokerage firm. The Company utilizes its user-friendly Web site and employee real estate agents to provide homebuyers and sellers with high-quality service and value. ZipRealty's Web site provides users with access to comprehensive local Multiple Listing Services home listings data, as well as other relevant market and neighborhood information. The Company's proprietary business management system and technology platform help to reduce costs, allowing the Company to pass on significant savings to consumers. Founded in 1999, the company operates in 34 major markets in 19 states and the District of Columbia. For more information on ZipRealty, visit www.ziprealty.com or call 1-800-CALL-ZIP.

Marielle Covington
Allison & Partners
415-277-4929
Email Contact

Marcus Gamo
Allison & Partners
415-277-4925
Email Contact

SOURCE: ZipRealty

http://www2.marketwire.com/mw/emailprcntct?id=D69419E373F634D0
http://www2.marketwire.com/mw/emailprcntct?id=EA4D23AE2F00186D