ZipRealty Inc. plans to hire as many as 700 agents this year as it expands in eight to 12 markets including Denver and Jacksonville, but expects to post after-tax losses of between $6 million and $9 million to fund the effort. ZipRealty lost money from 2001 to 2003, first posting a profit of $3.2 million in 2004. Net income totaled $20.5 million in 2005. In releasing preliminary fourth quarter results and guidance for 2007 Thursday, the Emeryville, Calif.-based company said the expansion could boost revenue to $110 million, up from $93.4 million in 2005. The company reported it expects fourth quarter 2006 revenue will total $23 million, up from $21.6 million for the same quarter 2005. ZipRealty said it will spend $10 million to $13 million to expand in Denver, Jacksonville, Naples, Tuc...
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