LoopNet reviews

2.9

41% would recommend to a friend

(29 total reviews)

Cameron Stewart

45% approve of CEO

39% positive business outlook

Reviews by job title

29 reviews

Reviews about "Compensation"

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3.0
Sep 18, 2014
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
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.

4.0
Jan 7, 2014
Recommend
CEO approval
Business Outlook

Pros

The people are wonderful. The products are great. There are a ton of growth opportunities for those who perform and are focused.

Cons

There isn't as much communication coming from the top management as their used to be. The feedback loop on individual and team performance could be improved as well.

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