LoopNet reviews

2.9

41% would recommend to a friend

(101 total reviews)

Cameron Stewart

45% approve of CEO

39% positive business outlook

LoopNet has an employee rating of 2.9 out of 5 stars, based on 101 company reviews on Glassdoor which indicates that most employees have an average working experience there. The LoopNet employee rating is 25% below average for employers within the Information Technology industry (3.9 stars).

Reviews by job title

101 reviews
2.0
Dec 4, 2014
Recommend
CEO approval
Business Outlook

Pros

Happy hour all the time, free food, cool company outings

Cons

Team dysfunction, poor management, crappy jobs, failing company.

avatar
LoopNet Response
11y
Thanks for the feedback, and I’m sorry to hear you didn’t enjoy your time working at LoopNet. Customer service takes a lot of patience, particularly when the client is in a high-pressure industry like commercial real estate. Management and team cohesion varies, and I don’t know your particular circumstance, but we are always looking to develop our employees more, and are now introducing frontline management training to increase the skills and effectiveness of our managers. But rest assured that LoopNet is a flourishing company. Since it was acquired by CoStar Group two years ago, LoopNet has had double-digit year-over-year increases in the average revenue per user for LoopNet premium membership. In the third quarter of this year, LoopNet reached its all-time high for unique monthly visitors. CoStar Group continues to set the industry standard for commercial real estate information services, and LoopNet’s contribution as a marketing tool for clients is a critical part of the company’s success, so to call it a failure would be inaccurate.
1.0
Oct 8, 2014

Nepotism at it's best

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

easy work, stress free The benefits are great but I hear they are getting worse and worse.

Cons

You won't learn much here, you won't get promoted, they don't value innovation, they just copy what every one else is doing

3.0
Sep 18, 2014
Recommend
CEO approval
Business Outlook

Pros

Great training, encouraging staff- even if the use some negative psychological tactics to motivate you, overall everyone means well and wants you to succeed. Team oriented environment, perks like game room, prizes for achievements, and free lunches/breakfasts.

Cons

It's sales? I don't belong in sales, so I think my review is naturally going to biased. Poor base salary, you are basically below the poverty level for SF. Sure you make commission, but that one paycheck where you don't make any or very little, it really hurts. The call time is awful, when I worked there you had to be in at exactly 7:30am. Which is great to beat the traffic, but when you're commuting (and let's be honest where else are you going to live, but far away when you make so little), it blows.

Viewing 46 - 48 of 101 Reviews

Glassdoor has 104 LoopNet reviews submitted anonymously by LoopNet employees. Read employee reviews and ratings on Glassdoor to decide if LoopNet is right for you.