Disappointing experience for someone with a lot of Sales talent and drive - Territory Representative LoopNet Employee Review

2.0
Feb 17, 2011
Recommend
CEO approval
Business Outlook

Pros

- great sales training- if you want to learn how to cold call, they will train you and the trainer is great - good work life balance, if you can handle the monotony of the job, the day ends at 4:30

Cons

- you have to clock into a phone in the morning- if you are late ( even by a minute) clocking in 4 times a month, you lose your incentives- a big benefit of working at LoopNet -very fraternity-like environment, great for people right out of college, but for working professionals this is not the most professional environment -certain regional managers are just plain bad managers and they do not demote, so if you get placed on a team with a bad manager, you are pretty much out of luck. -very high turn over mostly because people cannot hit their number. In my case, I hit my number and outsold most of the top reps which brings me to the biggest CON: -They micromanage and in sales this just does not work. If you are great at sales I really suggest you consider the fact that no matter how much you sell- even if you outsell most of the sales force, the fastest you can get promoted is 6 months. If you are very ambitious and like to be the best and work on your own terms and have flexibility with hours- this is not the place for you - Money is bad- as a rep who was in the top ten consistently, I made less money here than I did in my first Sales job right out of college. -when I quit, the managers announced to the entire sales team that I was not a " team player" and that it was a mutual decision to let me go- they lie.

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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