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ZipRealty exec moving to consulting position

Genni Combes leads 'Powered by Zip' referral network

Editor's note: This story has been updated to include a comment by ZipRealty CEO Lanny Baker. The ZipRealty executive who leads the company's "Powered by Zip" division, which provides a dozen partner brokerages with leads and customer relationship management tools, is moving to a consulting position.Genni Combes, who joined ZipRealty's management team in 2004 and currently serves as senior vice president of corporate development, signed a consulting agreement on Monday, the company disclosed in a regulatory filing. Combes will remain in her position until no later than April 1, and then become a consultant earning $6,000 a month. Genni Combes It's the latest management change in the wake of a tumultuous period for the Emeryville, Calif.-based high tech brokerage. After expanding in 10 new markets in 2007 -- just as the housing downturn was taking hold -- ZipRealty was forced to contract as losses began to mount.In 2011, the company instituted a series of cost-cutting meas...