LoopNet

Item: LoopNet
Rating: 2.6
Author: RepVue

7 Employee Ratings

7 Ratings

86% Verified

2.6

Rate this Company

RepVue Score

0

LoopNet

7 Employee Ratings

86% Verified

2.6

68.18

RepVue Score

Home CompaniesLoopNet

Performance Category Ratings

See how employees rated LoopNet in RepVue’s key performance categories

Category Score

Industry Percentile

Industry Rank

Culture and Leadership

1.3

2nd%of Software orgs

# 2,043of 2,065 Software orgs

Base Compensation

3.9

65th%of Software orgs

# 706of 2,065 Software orgs

Incentive Compensation Structure

2.3

5th%of Software orgs

# 1,982of 2,065 Software orgs

Product - Market Fit

3.1

21st%of Software orgs

# 1,642of 2,065 Software orgs

Professional Development and Training

3.0

51st%of Software orgs

# 1,004of 2,065 Software orgs

Inbound Lead / Opportunity Flow

1.9

13th%of Software orgs

# 1,812of 2,065 Software orgs

Diversity and Inclusion

2.9

12th%of Software orgs

# 1,830of 2,065 Software orgs

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About LoopNet

Parent CompanyCoStar Group, Inc.

Washington, DC

LoopNet is a leading online marketplace for commercial real estate. It offers a platform for buying, selling, and leasing properties, including office spaces, industrial properties,...More

Percent that Attain Quota?

of team members typically hit their quota

Software Industry Average

40%

Global Average

42%

Quota Attainment at LoopNet

Salaries

Job Role

Median Base Pay

Median OTE

Top Performer

Enterprise Account ExecutiveSalary data from 4 ratings

Base Pay$100k

OTE$140k

Top Performers$335k

Account ExecutiveSalary data from 5 ratings

Salaries at LoopNet

Reviews

Former Employee

1.6

Feb 29, 2024

Believe the negative reviews. This is a terrible company to work for. The product is dysfunctional, there’s no GTM strategy, leadership is abysmal, and company culture is diseased. The CRM is an internally built pile of garbage, and no one’s books of business are protected in any way, so you’re all competing against reps across the country. This was the absolute...Read More

Useful

Current Employee

2.3

Oct 8, 2023

In less than 2 years, the compensation plan has changed 4 times at LoopNet, 1.5 years. Managers are looking for a silver bullet for sales. Warning.! Recruiters exaggerate earnings potential. They are under intense pressure to hire.

Useful

View All Reviews

Reviews at LoopNet

Employee Ratings

Total Employee Ratings

Total Ratings

Ratings Verified by RepVue

Verified Ratings

86%

Job Categories

Account Executive

71%

Other

28%

Employee Status

Ratings submitted by current employees

57%

Ratings submitted by former employees

43%

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Frequently Asked Questions

LoopNet has an overall employee rating of 2.6 out of 5 and a RepVue score of 68.18. They are ranked #1914 out of all Software organizations.

Currently it is reported that 34.0% of the reps at LoopNet are hitting quota.

LoopNet has a rating of 1.3 out of 5 for culture and leadership. They are ranked #4578 in this category out of 4593 companies.

LoopNet has a rating of 3.1 out of 5 for Product - Market Fit and is ranked #1642 out of 2065 Software companies.

FAQ at LoopNet