"24-Point Inspected & Certified" Seal Posted to Listings on ZipRealty.com
National real estate brokerage ZipRealty(NASDAQ: ZIPR) (
www.ziprealty.com) today announced the launch of theindustry's first certified pre-owned home program to highlightZipRealty-listed homes that pass a 24-point inspection by an independent,separately licensed company and include a one-year home warranty for thebuyer.
ZipRealty's sellers can opt to have their home inspected by astate-licensed home inspector and offer the buyer a home warranty for acombined fee ranging from $500 to $560, depending on the state. Theinspection includes 24 specific areas of the home, including the attic,foundation, windows, doors, fireplace, kitchen, electrical and plumbingsystems. Homes that meet the inspection standard in each category willreceive the"24-Point Inspected & Certified" designation. Potential buyers searchingfor homes in good condition will see the "24-Point Inspected & Certified"designation on both ZipRealty.com and Realtor.com, as well as on homeflyers and signs at the property.
"Our '24-Point Inspected and Certified' program provides sellers with aunique way to distinguish their home from the many others for sale in theirneighborhood," said Patrick Lashinsky, president and CEO of ZipRealty. "Themajority of our buyers tell us they are looking for a home in 'move-in'condition. We created this innovative program to help respond to thatdemand while providing our sellers another way to make their homes standout in this tough market."
In addition to the independent, third-party inspection, buyers of "24-PointInspected & Certified" homes will receive a one-year home warranty which isissued by a separately licensed home warranty company. To learn more aboutthis program, including important terms, conditions, and limitations,please visit www.ziprealty.com/sell_my_house/inspected_certified.jsp.
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 help 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.
This release includes forward looking statements including launching thefirst pre-owned program; providing a unique way to distinguish sellers'homes; creating a program to help respond to market demand; and providingsellers a way to make their homes stand out. These statements are subjectto certain risks and uncertainties, including market acceptance, ourmanagement acumen, and the skill of the independent company, or companies,providing the home inspection and home warranty. Additional risks areincluded in our SEC filings, including our Form 10-K filed for fiscal year2007.
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Allison & Partners
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Allison & Partners
415-277-4937
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