LoopNet Reviews | Glassdoor

LoopNet Reviews

Updated June 5, 2017
70 reviews

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3.3
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Cameron Stewart
2 Ratings

70 Employee Reviews

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  1. "account manager"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at LoopNet full-time

    Pros

    great people, benefits and atmosphere.

    Cons

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


  2. "Like a Second Family"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at LoopNet full-time (More than 5 years)

    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.

  3. "Good environment, pay incentive, and benefits"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Commission is generous

    Management is fun and supportive

    A lot of great benefits

    Growing

    Cons

    Most of the consumer base seems to hate us

    sales techniques seem shady at times

    Encouraged to force a transaction, even if it means losing a relationship with the client

    Advice to Management

    Give room to negotiate pricing options


  4. "Research"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Under the umbrella of good times

    Cons

    Leave voicemails, you sales bucaneers.

    Advice to Management

    Make a less weird salesforce.


  5. Helpful (1)

    "Great place to work."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in San Francisco, CA
    Current Employee - Anonymous Employee in San Francisco, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at LoopNet (More than 5 years)

    Pros

    Interesting technology, brilliant management folks.

    Cons

    We are not a 100 Billion company yet.


  6. "A Lot Has Changed"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Sales Executive in San Francisco, CA
    Former Employee - Sales Executive in San Francisco, CA
    Recommends
    Positive Outlook

    I worked at LoopNet full-time (More than 3 years)

    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.

    Advice to Management

    Try to offer better opportunities for growth to the people willing to work hard for it.


  7. Helpful (2)

    "Loopster"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at LoopNet full-time

    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.

  8. "Good benefits"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Business Development Associate in San Francisco, CA
    Former Employee - Business Development Associate in San Francisco, CA
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Good employee benefits, easy job

    Cons

    Hard to move up in the company, not a lot of room for vertical advancement. Management was slow to make changes and improvements.


  9. Helpful (3)

    "CoStar drained the life out of the place"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Territory Manager in San Francisco, CA
    Former Employee - Territory Manager in San Francisco, CA
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    Pros

    Fantastic training that will prepare you for life outside of CoStar. Great snacks in the kitchen. Some decent people who work there.

    Cons

    CoStar is trying to slowly kill LoopNet off by stripping features, over pricing them, and doing nothing to advance content.There is a culture of workplace bullying that basically changes or forces you out with no corporate oversight. Good salesmen get to do whatever they want without consequence. Stale leads. Bad pay for the Bay Area.

    Advice to Management

    Learn what the words workplace harassment mean and get control of employees who say things that should never be said in the work place.


  10. "Territory Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at LoopNet full-time

    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


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