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
3.0
May 18, 2012
Recommend
CEO approval
Business Outlook

Pros

- Happy Hours every Friday - Everyone is young and fun - Breakfast every Monday morning - Little micromanaging in a way - Great training provided - friendly environment

Cons

- You cannot be even 1 minute late or forget to log in with your phone although you're on time, otherwise...you will get a tardy warning (there are only 3 before anything serious happens). - Long hours of sitting and making calls all day (expected to make at least 80 a day to possibly meet your daily goal) - No opportunity for professional growth--I have not seen Territory Managers/Regional Managers move out of their role to move up for a really long time - They created a Senior Territory Rep position recently to make employees feel like they can get paid more doing the same job over and over just to keep the good people around who have been doing well and have been around for 5 years+. The company doesn't want to lose them so this is their way of trying to keep them around with a better job title and a bit of a boost in the compensation. - It's pretty much a dead-end job if you plan to stick around for more than 2-3 years.

4.0
Apr 28, 2012
Recommend
CEO approval
Business Outlook

Pros

The best reason to work at LoopNet is that is it is location is perfect...right across from the ball park means easy commute and lot of parking if you opt to drive. LoopNet offers commuter dollars or pays for over 80% of your parking which is GREAT. The People...enough said. Like any company LoopNet size there is going to be a few people or managers you can't stand..however I made long term friends at LoopNet. Also the perks, random days off, paid holidays, random days when the office close early usually on Fridays...Friday happy hours in the office EVERY FRIDAY!!! The higher paid managers often take you out for drinks and apps.

Cons

Virtually NO ONE leaves LoopNet once they become mid to senior managers..so that means there is little if any room to move up or out of the position you were first hired in even after 3-5 years. Promotions here takes forever and even after your first promotion the next one is years away. LN may toss you a little more money once a year however. Make the right friends in the right places quickly...NEVER be late to work...like ever and even though LoopNet is a fun place to work be cautious and never do anything to allow anyone to ever think you are negative person. Again, you will never buy a house working at LoopNet unless you were lucky enough to get stock before the company went public, or you somehow become a manager in a department or capacity that does not directly threaten the LoopNet Establishment of the entrenched Middle management team. If you get a job at LoopNet where you are taking power away from another manager God help you...and you will probably not last long...so hold off on that house.

1.0
Apr 11, 2012

get in get out.

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Great benefits, pay is okay, and great benefits.

Cons

nepotism. Everyone is related to everyone and unless you're related somehow good luck getting by here. This is where you go when you have a lobotomy and you no longer need your brain. You won't learn anything here unless you go out and do it on your own.

Viewing 79 - 81 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.