Proceed with caution - Account Executive LoopNet Employee Review

1.0
May 7, 2024
Recommend
CEO approval
Business Outlook

Pros

relatively high base salary, large company with big marketing budget, good benefits when it comes to insurance and 401k

Cons

toxic work environment, poor leadership, constantly changing and complicated commission structure. Take reversals on any sales when the client cancels even if the contract has been completed so you're really only being loaned your commission. Culture based on fear from the top down and leaders who are yes men and operate based on fear of losing their own position. Company recruiters are under pressure as well and will mislead to fill roles. Required to use sick time for a dentist appointment etc, often selling against other reps working for other companies which are part of costar. No work life balance, individuals are not valued, every aspect of your day to day is tracked and measured based on metrics that do not drive revenue. Unless you absolutely need the job please consider other options, do not relocate, do not move your family.

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.

See reviews by: Helpful|Rating|Date|All