ZipRealty added a 16th brokerage to its “Powered by Zip” referral network in April, but net revenue was down 4 percent during the first quarter from a year ago, to $15.4 million, the company said today. The Emeryville, Calif.-based brokerage — ranked by Real Trends as the nation’s 31st-largest brokerage by 2012 closed sales volume — posted a $2.2 million net loss for the quarter, compared to a $3.1 million loss a year ago.¬† At the end of March, ZipRealty had 1,576 agents working out of company-owned offices in 19 markets and, and was providing its technology to nearly 500 additional agents in “Powered by Zip” referral markets.¬† St. Louis-based Coldwell Banker Gundaker¬† is the latest addition to the Powered by Zip network, in which participating brokerages provide IDX listings to ZipRealty.com and receive leads and customer relationship management tools. Source: sec.gov.

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