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ZipRealty Discontinues Buyer Commission Rebate Program

Tuesday, July 05, 2011 5:16:00 AM PDT | VentureDeal Staff

   Emeryville, California  --  Internet real estate brokerage company ZipRealty (NASDAQ: ZIPR) has discontinued its buyer rebate program.

The company says it is continuing its strategic change initiatives, which include transitioning to an independent contractor relationship with real estate agents, company restructuring and relaunching its website.

ZipRealty said that the rebate program was not the primary driver for potential customers.

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