Growth helps ZipRealty trim losses

Brokerage adds 551 agents, boosts sales

ZipRealty Inc. managed to trim third quarter losses to $1.7 million as the company added 551 agents and took advantage of continued turnover of foreclosed properties to achieve double digit growth in sales and revenue from a year ago.

The Emeryville, Calif.-based brokerage said it employed 2,814 agents at the end of September — up 24 percent from a year ago — and that transactions were up 31 percent from a year ago, to 5,019.