LoopNet was a great stepping stone. - Territory Representative LoopNet Employee Review

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.

Explore other reviews about LoopNet

5.0
Mar 10, 2023
Recommend
CEO approval
Business Outlook

Pros

Training, people, CEO energy and intelligence, salary, benefits, travel

Cons

It is a growing division and feels like a start up company. With that are some learning curves and growing pains.

2.0
May 21, 2026
Recommend
CEO approval
Business Outlook

Pros

Good Product/Brand Awareness within the CRE industry Good clients/networking

Cons

lack of work/life balance, company culture makes the job extremely tough, always new territories/metrics that are being rolled out

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