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      LoopNet

      Part of CoStar Group

      Engaged Employer

      LoopNet reviews

      2.8

      39% would recommend to a friend

      (102 total reviews)

      Cameron Stewart

      45% approve of CEO

      40% positive business outlook

      Ratings by category

      3.6

      Compensation and benefits

      3.1

      Diversity & inclusion

      3.0

      Work/Life balance

      2.6

      Culture & values

      2.5

      Senior management

      2.5

      Career opportunities

      LoopNet has an employee rating of 2.8 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 27% below average for employers within the Information Technology industry (3.9 stars).

      Ratings by demographic groups

      Reviews by job title

      102 reviews
      3.0
      Sep 18, 2014

      Great place to get an intro to sales, if that's the career you want.

      Territory representative
      Recommend
      CEO approval
      Business Outlook

      Pros

      Great training, encouraging staff- even if the use some negative psychological tactics to motivate you, overall everyone means well and wants you to succeed. Team oriented environment, perks like game room, prizes for achievements, and free lunches/breakfasts.

      Cons

      It's sales? I don't belong in sales, so I think my review is naturally going to biased. Poor base salary, you are basically below the poverty level for SF. Sure you make commission, but that one paycheck where you don't make any or very little, it really hurts. The call time is awful, when I worked there you had to be in at exactly 7:30am. Which is great to beat the traffic, but when you're commuting (and let's be honest where else are you going to live, but far away when you make so little), it blows.

      3.0
      Feb 7, 2014

      LoopNet was a great stepping stone.

      Territory representative
      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.

      Viewing 49 - 51 of 102 Reviews
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      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.