Like a Second Family - Anonymous employee LoopNet Employee Review

5.0
Jan 26, 2017
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

I can't speak to LoopNet after the CoStar acquisition, but prior to then, it was a fantastic place to work. The C-Suite was readily accessible and everyone worked together towards the ultimate goal of advancing LoopNet's status in the CRE marketplace.

Cons

Decent salary, but definitely not the best. Some teams did not get bonuses and incremental raises were small.

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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