Engaged Employer
37% positive business outlook
Pros
Great benefits and decent salary.
Cons
Terrible management starting at the top with Andy.
Pros
good base salary and benefits
Cons
Toxic management, crazy comp plan,
Pros
Both commissions and base salary are good. They manage to hire excellent support staff so that AEs can do their jobs.
Cons
Micromanagement from CEO down creates a negative atmosphere of constant stress for AEs. The goalpost is always changing. Meeting company and management expectations is impossible since the boxes to check are infinite and always evolving. Commission structures change quarterly to meet whims of CEO and upper management. Overall, successful AEs are not given the chance to use their own intelligence and skills to work effectively.
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.
Pros
Free lunches & snacks. Good salary.
Cons
Keep your resume up-to-date. You'll get canned sooner or later. Doesn't matter how good you are at your job or how loyal you are to the company. You're just a number to them, and any day could be your last.
Pros
Base salary. That’s it. That’s the post.
Cons
Hideously toxic corporate culture that encourages internal discourse. Tech debt like you wouldn’t believe. Absolutely no support from marketing or senior leadership to identify and engage prospects. Senior leadership who know zilch about commercial real estate. CRM from the dark ages. Horrible branding from years of past, bad experiences.
Pros
Loved the culture, management, great benefits package, company parties and picnics-- but that was long long ago , free fruits, unlimited coffee and tea, bagel and breakfast days.
Cons
-impossible to move up or develop new skills. -small salary -costar took over, everything changed--LoopNet is not the same as when i've started; thus, can't judge or advice on how the company is doing now.
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.
Pros
I can't speak to LoopNet after the CoStar acquisition, but prior to then, it was a fantastic place to work. The C-Suite was readily accessible and everyone worked together towards the ultimate goal of advancing LoopNet's status in the CRE marketplace.
Cons
Decent salary, but definitely not the best. Some teams did not get bonuses and incremental raises were small.
Pros
Good coworkers, fun environment at first
Cons
Micromanagement at its finest, have fun taking reversals, your base salary is a joke, and this company does NOT care or value it’s employees.
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