www.ZipRealty.com is an online residential real estate brokerage firmReal Estate
Ziprealty.com is an online residential real estate brokerage firm that
links homebuyers and sellers via the internet. The company, founded in
1999, is headquartered in Emeryville, CA. It currently operates in 35
major markets in 22 states and Washington D.C. A publically traded
company, Zip Realty has sold more than $28 million in real estate in the
years since it was launched. In 2009, the company was named one of the
Top 10 real estate brokerage firms and also one of the Top 10 real
Ziprealty.com matches residential home buyers, sellers and real estate agents through its website. Potential buyers can sign up for the free service by registering and creating a user name and password. Once the registration is complete, the buyers can view home listings from 60 Multiple Listing Services in the markets where Zip operates. More than 1.3 million listings are available through the site and are updated throughout the day. More than 10,000 photographs of homes also can be found there. Buyers can search for available homes by city, zip code, school district or map, and can be notified of new residential listings by email.
Home sellers also can access the resources at www.ziprealty.com by registering and choosing a user name and password. The site offers a variety of services to homeowners, including the ability to receive up to three residential price estimates to aid them in estimating the value of their home. Marketing tools also are available through the website. For example, sellers can type their address into a search box to find comprehensive property information, satellite and street-view home images, and test scores and quality ratings for nearby schools The website makes several home marketing plans available to sellers, including a free “do it yourself” option and a more expensive service that creates a 360-degree virtual tour and a ZipRealty.com web page about their home. Potential sellers also can research how many Zip buyers are searching for homes in their geographical region.
ZipRealty.com employs more than 2800 real estate agents. Buyers and sellers from around the country can locate the company’s local, licensed agents by using the site’s search engine and typing in their city or zip code. If requested, agents can prepare a Customized Market Analysis (CMA) for individual buyers. Zip’s resources allow customers to explore the typical commission rates in their neighborhood through an online search. The internet realtor promises to give the buyer 20 percent of the commission they receive from a sale.