In the news release, "ZipRealty ExpandsFootprint in New York State," issued Thursday, April 17, 2008, by ZipRealty(NASDAQ: ZIPR), we are advised by the company that the end of the firstparagraph should read "… announced today that it has expanded its presencein New York" rather than "…announced today that it is actively working withbuyers and sellers within the Big Apple" as originally issued. Also, thesecond paragraph and the fifth paragraph should both read "… including theBronx, Brooklyn and Queens" rather than "… including the Bronx, Brooklyn,Manhattan, and Queens" as originally issued. Complete corrected textfollows.

ZipRealty Expands Footprint in New York State

ZipRealty Actively Works With Buyers and Sellers in Several Boroughs, LongIsland, Putman and Westchester Counties

EMERYVILLE, CA--(April 17, 2008) - ZipRealty, Inc. (www.ziprealty.com)(NASDAQ: ZIPR), the nation's largest online-based, full-service real estatebrokerage, providing clients with high quality service and savings,announced today that it has expanded its presence in New York.

ZipRealty, which first entered Westchester County in late 2007, nowincludes an expanding team of local and licensed employee-agents in severalboroughs, including the Bronx, Brooklyn and Queens, as well as in Nassau,Putnam, and Suffolk counties.

"We continue to expand our national footprint by entering key metropolitanareas coast to coast, and we're excited to work with buyers and sellersacross the greater New York City area," said ZipRealty Chief ExecutiveOfficer Patrick Lashinsky. "We're confident that New York homebuyers andsellers will be excited about our Web site, the market expertise of ourlocal agents, and our alternative approach to real estate."

As is true for each of the 34 markets the Company operates in nationally,the Company offers its clients all of the services of a traditionalresidential real estate brokerage coupled with exceptional searchtechnology. In addition, the Company rebates buyers 20 percent of itscommission, and sells homes for up to 25 percent less than the typicalmarket commission.*

District Director, George Votino, oversees recruiting and training effortsof ZipRealty agents for the boroughs of the Bronx, Brooklyn and Queens, aswell as Nassau, Putnam and Suffolk counties. Mike McNamara is the DistrictDirector overseeing Westchester County.

About ZipRealty

ZipRealty is a full-service residential real estate brokerage firm. TheCompany utilizes its user-friendly Web site and employee real estate agentsto provide homebuyers and sellers with high-quality service and value.ZipRealty's Web site provides users with access to comprehensive localMultiple Listing Services home listings data, as well as other relevantmarket and neighborhood information. The Company's proprietary businessmanagement system and technology platform helps to reduce costs, allowingthe Company to pass on significant savings to consumers. Founded in 1999,the company operates in 34 major markets in 19 states and the District ofColumbia. For more information on ZipRealty, visit www.ziprealty.com orcall 1-800-CALL-ZIP.

Cautionary Language

This release contains forward-looking statements within the meaning of the"safe harbor" provisions of the federal securities laws, including, withoutlimitation, our confidence that homebuyers and sellers will be excitedabout our Web site, the market expertise of our local agents, and ouralternative approach to real estate. The forward-looking statements aresubject to risks and uncertainties that could cause actual events to differmaterially from those projected, including the risk factors set forth inour 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 andperiodic Form 8-Ks. The forward-looking statements included in thisrelease are made as of today's date and, except as otherwise required bylaw, we do not intend to update these forward-looking statements to reflectevents or circumstances after the date hereof.

*ZipRealty's rebate is subject to certain restrictions. See Web site fordetails.

Marcus Gamo
Allison & Partners
415-277-4925
marcus@allisonpr.com
Marielle Covington
Allison & Partners
415-277-4929
marielle@allisonpr.com