BrokerageIndustry News

ZipRealty switching to referral model in 4 markets

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Two more brokerages have signed up to receive leads from, bringing the total number of brokerages participating in the "Powered by Zip" referral program to five, the company said today.ZipRealty has closed or is in the process of closing down its own brokerage operations in four of the five markets where it's providing referrals to other brokerages -- Atlanta, Tucson, Philadelphia, and Raleigh-Durham, N.C. ZipRealty agents in those markets have been offered positions with ZipRealty's referral partners.The Emeryville, Calif.-based brokerage did not previously have a presence in the fifth "Powered by Zip" market: Nashville, Tenn. The latest "Powered by Zip" agreements will leave ZipRealty with brokerage operations in 21 markets and referral partners in five more, allowing to provide listings data in 26 markets.  ZipRealty will continue to provide brokerage services in Austin, Texas; Baltimore; Boston; Chicago; Dallas; Denver; H...