LoopNet reviews

2.9

41% would recommend to a friend

(102 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 102 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

102 reviews
3.0
Dec 10, 2014
Recommend
CEO approval
Business Outlook

Pros

Great fundamentals class on SFDC and inside tech sales. Will give you the ability to lay down a strong foundation and work ethic The sales position can help you know if telephone sales is the place for you They have "Alumni" meet ups once in awhile to see where everyone is. (No one really stays forever) Loopnet is considered a "feeder" company. A lot of higher paying companies will poach you from them at double salary.

Cons

Its a grind. You will pound the phones from the moment you clock in to the moment you clock out. CoStar, the new owner and parent company, makes you feel like a second class citizen

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

Viewing 46 - 48 of 102 Reviews

Glassdoor has 105 LoopNet reviews submitted anonymously by LoopNet employees. Read employee reviews and ratings on Glassdoor to decide if LoopNet is right for you.