ZipRealty
Real estate listing website
From Wikipedia, the free encyclopedia
ZipRealty was a website that offered real estate listings. In 2014, it was acquired by Realogy and it was later integrated into its Coldwell Banker subsidiary.
| |
| Company type | Defunct |
|---|---|
| Industry | Real estate |
| Founded | 1999 |
| Founders | Scott Kucirek Juan Mini |
| Fate | Acquired by Realogy and integrated into Coldwell Banker |
| Headquarters | Emeryville, California, USA |
Area served | United States |
History
The company was founded in 1999 by Scott Kucirek and Juan Mini, two graduates of the Haas School of Business at University of California, Berkeley.[1] While they were still in school, they raised $1.7 million in venture capital, including $1.2 million from Vanguard Venture Partners. They took advantage of UC facilities, including free office space in the basement of the Bancroft Hotel.[2]
In November 2004, the company became a public company via an initial public offering, raising $59 million.[3]
In January 2011, the company shut down its operations in North Carolina.[4]
In February 2011, Better Homes and Gardens Real Estate took over the company's listings in Atlanta.[5]
In August 2014, the company was acquired by Realogy for $166 million.[6][1] At that time, 85 agents were integrated into Coldwell Banker, another subsidiary of Realogy.[7]
In March 2017, ZipRealty's sales professionals in Texas joined Coldwell Banker.[8]
The company was fully integrated into Coldwell Banker.