Pretty bad. That about sums it up. After making a two and a half minute phone speech regarding why I would be a good fit for the company, they called me in for an interview about two days later. I went in with a good attitude, well dressed, a good resume, and ready to answer anything they asked me. The office has a nice comfy and funky San Francisco vibe to it. I spoke to the National Sales Manager first who was a pleasant enough guy at the start, simply asked about my sales background, and then had me speak to two of the Regional Managers. That's when it went downhill.
To make a long story short, they asked questions that they would not let me finish, such as my knowledge of their company, which I had done researched both online and with other real estate agents for their perspectives. It's hard to say what their criteria is because I have four years of inside and outside sales experience as well as marketing and they said I had little to no applicable experience. The worst is that they made a point to contact my recruiter and say that I was clueless and why they would recommend an applicant like me. It was to the point of slanderous, claiming I said things that never came up, such as my personal life (that one is always a big no-no in my book).
Advice to future candidates - I won't say avoid LoopNet like the plague, but be prepared to be cross examined and possibly belittled. It seems that they only want applicants who devote their present and future professional careers to inside sales, as well as applicants who are younger due to the stereotype of them falling for the "glamor" of commission sales jobs. I hope this helps other applicants in my position.