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LoopNet Reviews & Product Details

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Value at a Glance

Averages based on real user reviews.

Time to Implement

<1 month

Perceived Cost

$$$$$
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LoopNet Reviews (81)

Reviews

LoopNet Reviews (81)

3.3
81 reviews

Review Summary

Generated using AI from real user reviews
Users consistently praise the platform for its ease of use and comprehensive property listings, making it a valuable resource for commercial real estate professionals. Many appreciate the ability to quickly find and market properties, although some note that the cost of premium features can be high and the accuracy of listings may vary.
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G2 reviews are authentic and verified.
Verified User in Retail
UR
Small-Business (50 or fewer emp.)
"Lack of customer service"
What do you like best about LoopNet?

Not much when it comes to customer serice. Review collected by and hosted on G2.com.

What do you dislike about LoopNet?

If you have a conversation with one of their reps and they say that they will take care of what you're discussing with them, make sure that you get that response in writing or record it. When they don't do what they say they'll do or follow up with you they will hide behind their contract. Review collected by and hosted on G2.com.

Verified User in Real Estate
UR
Mid-Market (51-1000 emp.)
"The only comprehensive source for CRE inventory"
What do you like best about LoopNet?

Properties can be sorted by type, size, location, price, sale, lease, et al. Selected inventory can be saved, emailed, mapped, and sorted. Review collected by and hosted on G2.com.

What do you dislike about LoopNet?

To get the most out of the product a paid subscription is necessary and the usability is based on your subsciption tier Review collected by and hosted on G2.com.

Verified User in Business Supplies and Equipment
AB
Small-Business (50 or fewer emp.)
"Loopnet"
What do you like best about LoopNet?

Simple process of creating ads for publication to websites such as Craigslist Review collected by and hosted on G2.com.

What do you dislike about LoopNet?

Very expensive for a small independant brokerage Review collected by and hosted on G2.com.

Verified User in Commercial Real Estate
UC
Mid-Market (51-1000 emp.)
"Great CRE Resource"
What do you like best about LoopNet?

It is very easy to use and navigate the website. Review collected by and hosted on G2.com.

What do you dislike about LoopNet?

Sometimes the property information can be inaccurate but not often. Review collected by and hosted on G2.com.

Randy E.
RE
CEO, Emerald Shores Management, LLC
Small-Business (50 or fewer emp.)
"BUYER BEWARE!"
What do you like best about LoopNet?

The website and overall appear is attractive. Review collected by and hosted on G2.com.

What do you dislike about LoopNet?

BUYER BEWARE! Loopnet-Costar is using heavy-handed tactics to bill their customers long after their contract expires. I paid for a year (2020) and informed the company in writing and by phone that I would not be renewing in 2021. They continued to bill and harass me for more money. I turned the case over to the Attorney Generals Office of Florida. Save yourself some headaches and advertise with another company. There is plenty of competition in this space that charges month-to-month and treats their client base respectfully, so there is no need to lock yourself into an annual contract only to be harassed once it expires. Review collected by and hosted on G2.com.

Becky J.
BJ
A
Small-Business (50 or fewer emp.)
"Great for finding the specific properties that you want to see"
What do you like best about LoopNet?

Easy to use -

Have a client relationship consultant assigned to you that you can actually talk to on the phone without having to try to explain everything in an email.

This is a time saver. Review collected by and hosted on G2.com.

What do you dislike about LoopNet?

Sometimes the property isn't in the database so have to wait until loopnet gets it in there. Review collected by and hosted on G2.com.

Verified User in Real Estate
UR
Small-Business (50 or fewer emp.)
"Buyer Beware !!!!"
What do you like best about LoopNet?

I t was pretty easy to enter the listing Review collected by and hosted on G2.com.

What do you dislike about LoopNet?

Their hounding, their demand and pushiness to also be apart of Costar and their TERRIBLE policy about billing 2 months after cancelling. Review collected by and hosted on G2.com.

RF
RE Associate Broker
Small-Business (50 or fewer emp.)
"I was able to send properties and closed a couple of deals"
What do you like best about LoopNet?

I find it easy to search for properties finding properties

Properties that are not listing on MLS system Review collected by and hosted on G2.com.

What do you dislike about LoopNet?

I like using it for commercial properties in all areas Review collected by and hosted on G2.com.

Neeka A.
NA
Commercial Real Estate Appraiser
Small-Business (50 or fewer emp.)
"Loopnet Experience as Appraiser"
What do you like best about LoopNet?

The website is free and accessible to all. They have info on current leases which the paid costar does not have. And they have easy access to broker info. Review collected by and hosted on G2.com.

What do you dislike about LoopNet?

The website is a little clunky in terms of search. Also, it’s very clear that Costar ( the parent company) has put this site on the back burner to their paid option. Therefore if you’re an appraiser you would need a Costar subscription and cannot rely on loop net alone Review collected by and hosted on G2.com.

RA
Agent
"great to search and learn real estate"
What do you like best about LoopNet?

COMMERCIAL REAL ESTATE AND APTS, STRIP CENTERS, GOOD DEALS Review collected by and hosted on G2.com.

What do you dislike about LoopNet?

how long it take to become member, but website i like Review collected by and hosted on G2.com.

Pricing Insights

Averages based on real user reviews.

Time to Implement

<1 month

Perceived Cost

$$$$$
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LoopNet Features
Listing Syndication
Listing Management Portal
Agent Profiles
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