LoopNet Territory Manager reviews

2.9

49% would recommend to a friend

(13 total reviews)

Cameron Stewart

Not enough data to show CEO approval

16% positive business outlook

Reviews by job title

13 reviews
4.0
Dec 5, 2011
Recommend
CEO approval
Business Outlook

Pros

Great team, Fun work environment, cool area of town, good mgmt, good execs. Overall it was a fun place to have to wake up and drag yourself to. Product is solid.

Cons

A little too much micro-managing (I get it though). Not enough communication between sales and other parts of organization. To the sales team you were an individual, but to the rest of the company you were a number. Dealing with end users was always a chore (looking back I may have done it differently). A lot of calling, not a lot of thought.

4.0
Aug 22, 2011
Recommend
CEO approval
Business Outlook

Pros

Breakfasts Cash incentives Happy Hour Location Laid Back atmosphere People and management are great

Cons

Base pay is low but if you hit your numbers your commission makes up for it 7:30 am start time You have to clock in and out of phones (feels like we are treated like kids) Job is boring No Gym in the Building Commission is taxed heavily, so one has to work really hard to make good money

5.0
Feb 14, 2011
Recommend
CEO approval
Business Outlook

Pros

LoopNet is by far the most fun and educational companies I've ever worked for! At LoopNet you will learn the skill sets essential to being a great sales person. The training provided is unmatched and prepares you for every possible scenario that you might fall into. The training process builds comradery between peers by hiring and training groups at a time that connect with each another so you go into the company with your own group of friends. It is a very friendly, supportive and welcoming environment to start in and a place where you will meet a lot of quality people and make lasting friendships. They treat there employees incredibly well especially if you are good at what you do. They provide a great breakfast spread for everyone every Monday morning and an amazing happy hour with beer, wine and h' orderves every Friday. They encourage play just as much as work and hard work does not go unnoticed. Everyone on the sales team goes out for drinks and sometimes the managers, VP or even Rich the CEO will join. It's a great way to pick their brains, introduce yourself and meet new people within the company. I felt that the management team was always really on top of keeping things up to date and listening to employee feedback on suggestions for company change. Any changes that did occur within the company I felt was told to me in a very straight forward way and before it was being implemented. I felt that LoopNet made an effort to have everyone feel included whether it be in company events, knowledge sharing or company updates. As an employee I felt that my input and feedback was valued . The benefits are great and after 1 year they match your 401k as well as give stock options. The sales team promotes learning and education by peers and managers alike as well as volunteer opportunities to help the San Francisco community. Overall I'd say it was a great learning experience that gave me the training and insight needed to succeed in the corporate world of sales and would be a great place for anyone interested in breaking into a sales role.

Cons

The job itself is repetitive and does not allow for rapid growth opportunity. When promoted from Territory Representative to Territory Manager, you are not actually given managerial responsibilities. If you do not perform well on the sales team you may feel that your efforts are unrecognized but someone is always willing to help you improve. This is a job you either love or hate. You hate it because of the job itself or the micromanaging, especially if you can't get the hang of it (it can be infuriating), and you love it because the people really make the company a spectacular place to learn and work. I would honestly say that if there are any bad reviews that attack LoopNet sales, it's most likely because that person did not succeed and is bitter, hated the job itself or because they weren't on the track they were hoping they would be on at that point in their life. I left because the growth opportunity didn't match my personal time frame. If it did, I would still be there.

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