A Lot Has Changed - Sales Executive LoopNet Employee Review

4.0
Aug 9, 2016
Recommend
CEO approval
Business Outlook

Pros

Great product and training processes to help sales people develop their skills and be successful in the role. A great place to gain experience in software sales and awesome direct leadership in the SF office. New office is amazing too right in the heart of the city.

Cons

Limited career growth opportunities. CoStar acquisition ripped the culture out of LoopNet and it reflects throughout the company.

Explore other reviews about LoopNet

5.0
Mar 10, 2023
Recommend
CEO approval
Business Outlook

Pros

Training, people, CEO energy and intelligence, salary, benefits, travel

Cons

It is a growing division and feels like a start up company. With that are some learning curves and growing pains.

1.0
Jun 18, 2026
Recommend
CEO approval
Business Outlook

Pros

Pay is good at the beginning

Cons

The biggest challenge with the role is that it can feel closer to telemarketing than consultative sales. Much of the day is spent making repeated outbound calls to customers who often are not actively looking to purchase additional LoopNet services. The emphasis is heavily weighted toward activity metrics, and performance expectations can change even when revenue goals are being met. Marketing support is limited, requiring sales reps to create much of their own opportunities. Customer sentiment can also be challenging, as some clients become frustrated by frequent outreach from sales teams. The model relies heavily on persistence and volume rather than a relationship-driven sales process.

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