FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
BEIRNE DAVID M
(Last)(First)(Middle)
2480 SAND HILL ROAD, SUITE 200
(Street)
MENLO PARKCA94025
(City)(State)(Zip)
2. Issuer Name and Ticker or Trading Symbol
ZIPREALTY INC [ZIPR]		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
DirectorX10% Owner
Officer (give title below)Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
06/24/2008
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
XForm filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code
(Instr. 8)		4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		7. Nature of Indirect Beneficial Ownership
(Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock         3,658,609 I See footnote. (1)
Common Stock         3,658,609 I See footnote. (2)
Common Stock         3,637,824 I See footnote. (3)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		2. Conversion or Exercise Price of Derivative Security3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code
(Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		6. Date Exercisable and Expiration Date
(Month/Day/Year)		7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		8. Price of Derivative Security
(Instr. 5)		9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		11. Nature of Indirect Beneficial Ownership
(Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
1. Name and Address of Reporting Person*
BEIRNE DAVID M
(Last)(First)(Middle)
2480 SAND HILL ROAD, SUITE 200
(Street)
MENLO PARKCA94025
(City)(State)(Zip)
1. Name and Address of Reporting Person*
GURLEY J WILLIAM
(Last)(First)(Middle)
2480 SAND HILL ROAD, SUITE 200
(Street)
MENLO PARKCA94025
(City)(State)(Zip)
1. Name and Address of Reporting Person*
SPURLOCK STEVEN M
(Last)(First)(Middle)
2480 SAND HILL ROAD, SUITE 200
(Street)
MENLO PARKCA94025
(City)(State)(Zip)
Explanation of Responses:
1. David M. Beirne, a managing member of BCMC IV, may be deemed to share beneficial ownership of the shares held by the Benchmark IV Funds. In addition, Mr. Beirne may be deemed to share voting and dispositive power over the 25,982 shares of Common Stock held by his family trust.
2. J. William Gurley, a managing member of BCMC IV, may be deemed to share beneficial ownership of the shares held by the Benchmark IV Funds. In addition, Mr. Gurley has voting and dispositive power over 25,982 shares of Common Stock held directly by him.
3. Steven M. Spurlock, a managing member of BCMC IV, may be deemed to share beneficial ownership of the shares held by the Benchmark IV Funds. In addition, Mr. Spurlock may be deemed to share voting and dispositive power over 5,197 shares of Common Stock held by his family trust.
 
Remarks:
Alexandre Balkanski, David Beirne, Bruce W. Dunlevie, J. William Gurley, Kevin R. Harvey, Robert Kagle, Andrew Rachleff and Steven M. Spurlock are the managing members of BCMC IV, which serves as the general partner to each of BCP IV, BFF IV, BFF IV-A, BFF IV-B and BFF IV-X. Each reporting person disclaims the existence of a "group" and disclaims beneficial ownership of any securities (except to the extent of such reporting person's pecuniary interest in such securities) other than any securities being reported herein as being directly owned by such reporting person. *This report is one of three reports, each on a separate Form 4, but relating to the same transaction being filed by BCMC IV, its managing members and the Benchmark IV Funds.
Steven M. Spurlock, by power of attorney for David M. Beirne06/26/2008
Steven M. Spurlock, by power of attorney for J. William Gurley06/26/2008
Steven M. Spurlock06/26/2008
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.



 
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