LoopNet reviews about "people"

37% positive business outlook

Reviews by job title

17 reviews
1.0
Dec 25, 2024
Recommend
CEO approval
Business Outlook

Pros

Zero. None. Oh, the insurance is above average.

Cons

Everything. Bait and switch 101. They hire experienced sales reps with lies then expect them to be telemarketers. Micromanaged down to the hour, daily. It’s an SMB role at best.. Management has no clue what they are doing neither is management made up of intelligent people- more like washed up used cars salesmen who operate embarrassingly. Product is brutal to sell and so overpriced in many markets. Expectations that are so beyond unrealistic it’s comical. Intense training for weeks in Virginia as if you’re becoming a surgeon. It’s all so bad and if you are reading this save yourself and run so far away from accepting employment here. I don’t know 1 person who is happy, and this consists of lengthy conversations with dozens of people from all over the country. This is the tip of the iceberg.

3.0
Apr 4, 2018

Learn a lot but bored at the same time

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

In the heart of DTLA, easy access to and from the Expo line. Company offers great benefits and to be honest a great learning experience.

Cons

Work is not as altruistic as previous jobs. Be prepared to get bored. People are lifeless and barely laugh. Lots of time by myself.

4.0
Dec 5, 2015

Territory Manager

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Money can be good, nice people to work with

Cons

Management is hit or miss, high pressure sales job, inside sales is not for everyone

5.0
Mar 10, 2023

The best company

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.

3.0
Dec 7, 2015
Recommend
CEO approval
Business Outlook

Pros

Glassdoor keeps bugging me to write a review and I am bored at the moment so here I go: It has been a few years since I worked at LoopNet so things can very much have very much changed. Pros: The people, I have never had so much fun working with a group of people in my life. This is a great job to have right out of college if you want to get into sales. The job is a major grind, it can really suck but that is part of what sales is, grinding. You can really work on the fundamentals of sales in this role, this is why so many other companies like to grab sales people from this company. Salesforce probably being the #1 poacher, think of LoopNet as the minors. You go here to get good at something then move on.

Cons

Cash Money: Honestly there are other companies that you can work at if you want to get into sales where you can make so much more. I went from making 50K to six figures once I left, things might be different now since Costar bought them (Who we used to throw under the bus in our sales calls) but in my time it wasn't much. Trying to live of 50k in San Francisco today if your just moving here straight out of college - forget it.

1.0
May 16, 2024
Recommend
CEO approval
Business Outlook

Pros

Nice people on my immediate team, new office in irvine, lots of training.. too much?

Cons

awful leadership, change goals often, no explanations, given double quotas, micromanaging, track your every move, things are black or white, no job security in sales, they will put you on a pip for any of the dozen metrics you dont hit, not great product, bad reputation among clients

4.0
Jun 5, 2017

account manager

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

great people, benefits and atmosphere.

Cons

got bought out by costar and too many changes, got micromanaged.

4.0
Aug 9, 2016

A Lot Has Changed

Recommend
CEO approval
Business Outlook

Pros

Great product and training processes to help sales people develop their skills and be successful in the role. A great place to gain experience in software sales and awesome direct leadership in the SF office. New office is amazing too right in the heart of the city.

Cons

Limited career growth opportunities. CoStar acquisition ripped the culture out of LoopNet and it reflects throughout the company.

3.0
Feb 7, 2014
Recommend
CEO approval
Business Outlook

Pros

-Great first job out of college -Resume builder -Great people -Can make money if you work hard -Great basic sales training -No prospecting, get 40+ new leads a day

Cons

-Low commission structure -You are the typical 'telemarketer' reaching out to people who fill out online lead forms. Those are not 'warm' leads, there simply giving there name number and email address to get free access to the website. then you call and harass them to pay for a premium membership so they can see more properties and get more exposure. Same pitch, every day. Redundant, tedious, hard-pressurized selling tactics -System is built for high turnover, that tells you something right there -Micro managing 'regional managers', whose only job is to 'help' you hit your target. AKA breathe down your back and ask you whats going on, meanwhile bringing no value to the table. -LOTS of cold calling. 80+ a day. (very respectable when applying for future sales positions) Despite all the cons, I learned a lot of great basic selling skills, gained phone presence and confidence, and I was able to land a legit sales job because of what I learned at LoopNet. make the most of it while you're there, stay a year to put on your resume and get out.

5.0
Sep 16, 2020

Nice place

Recommend
CEO approval
Business Outlook

Pros

Loved the culture and people

Cons

Didn’t find anything negative here

Viewing 1 - 3 of 17 Reviews

Glassdoor has 106 LoopNet reviews submitted anonymously by LoopNet employees. Read employee reviews and ratings on Glassdoor to decide if LoopNet is right for you.