ZipRealty Inc. posted a $13.3 million loss in 2008, even as agents handled more closings and the company achieved a tenth consecutive year of revenue growth.
The Emeryville, Calif.-based brokerage reported that agents handled 17,156 transactions — a 23 percent increase from 2007. But net revenue per transaction fell 15 percent, to $6,145, limiting net revenue to growth to a more modest 3.5 percent.
ICNY 2020
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