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LoopNet

By CoStar Group

3.3 out of 5 stars

How would you rate your experience with LoopNet?

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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

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Verified User in Financial Services
UF
Enterprise (> 1000 emp.)
"Great research tool"
What do you like best about LoopNet?

Thousand of properties and detailed information for each Review collected by and hosted on G2.com.

What do you dislike about LoopNet?

Need better information for rural properties Review collected by and hosted on G2.com.

MB
Small-Business (50 or fewer emp.)
"LoopNet - Essential for Brokers"
What do you like best about LoopNet?

I like the ease of inserting new properties to the database as well as researching other properties. Review collected by and hosted on G2.com.

What do you dislike about LoopNet?

Sometimes the representatives call incessantly, but they are just doing their job to help get your property up to date and accurate! Review collected by and hosted on G2.com.

Rebecca K.
RK
Senior Marketing & Research Specialist
Real Estate
Mid-Market (51-1000 emp.)
"This is where I search for comps/properties similar to ours"
What do you like best about LoopNet?

Loopnet, especially after their recent pairing with CoStar and their makeover, has become an extremely easy to use marketing tool for all of our commercial properties. The ease of adding a new sale listing makes my job so much simpler. Review collected by and hosted on G2.com.

What do you dislike about LoopNet?

The only thing I dislike is that they limit you on the characters you are allowed to use in the property highlights. Review collected by and hosted on G2.com.

MG
Mid-Market (51-1000 emp.)
"Great resource for what available properties are in my city!"
What do you like best about LoopNet?

The map showcasing the available properties in my community Review collected by and hosted on G2.com.

What do you dislike about LoopNet?

Would like to know how long a property has been on the market. Review collected by and hosted on G2.com.

Verified User in Real Estate
UR
Small-Business (50 or fewer emp.)
"Loopnet buyout by CoStar has made loopnet prices to skyrock"
What do you like best about LoopNet?

Being able to search for investments properties and find what we want to get more information on. Review collected by and hosted on G2.com.

What do you dislike about LoopNet?

I have been a dedicated user of Loopnet for years. Since the buyout by CoStar the price tripled to $500 + per month. Far more than a multi family investor like myself would ever pay. This is CRAZY high. Run away from this company. Review collected by and hosted on G2.com.

Kyle M.
KM
Development, Leasing and Sales Management
Commercial Real Estate
Small-Business (50 or fewer emp.)
"Loopnet/Showcase"
What do you like best about LoopNet?

Loopnet has the largest number of unique visits per month of any property listing service. Review collected by and hosted on G2.com.

What do you dislike about LoopNet?

There is no way to update your own listings. It has to be done through an account manager via email or phone conversation. Review collected by and hosted on G2.com.

Verified User in Real Estate
UR
Small-Business (50 or fewer emp.)
"Disappointing. Cut functionality for the same amount of money."
What do you like best about LoopNet?

It is not useful anymore. CoStar purchased Loopnet and now they cut functionality and try to sell expensive subscription to CoStar. For an owner of few properties it doesn't make sense to pay min. $1,000 per month for something what cost $100 per month. Review collected by and hosted on G2.com.

What do you dislike about LoopNet?

It is not useful anymore. CoStar purchased Loopnet and now they cut functionality and try to sell expensive subscription to CoStar. For an owner of few properties it doesn't make sense to pay min. $1,000 per month for something what cost $100 per month. Review collected by and hosted on G2.com.

Russell B.
RB
Realtor
Marketing and Advertising
Small-Business (50 or fewer emp.)
"Very disapointed"
What do you like best about LoopNet?

Easy to upgrade services. Properties display on Loopnet sites, but nowhere else. No indication of any syndication whatsoever. Review collected by and hosted on G2.com.

What do you dislike about LoopNet?

Marginal performance at best. Our listing was never displayed in an organic Google search, which one should expect. What's more, the small prospect list that we did generate was lost when we downgraded our service. We were told we would have to recommit to see the names and numbers of the 17 prospects we already paid close to $400 to generate. I have never had a lead system that suppresses names and numbers from the CRM for leads you have already paid for. Review collected by and hosted on G2.com.

Verified User in Commercial Real Estate
UC
Enterprise (> 1000 emp.)
"Very Useful If You Are Premium"
What do you like best about LoopNet?

I love that you can easily search through the map or addresses and find what you are looking for. Some of the information is hard to find, specifically land options or addresses with two names. Review collected by and hosted on G2.com.

What do you dislike about LoopNet?

I hate the two premium listing and searcher accounts. I have a premium searcher account and it is extremely useful to search through listings but if I have a broker that wants to upload a listing and have everyone see it, I cannot do that through my account. You need a premium LISTER account which is separate and is another fee. Also when you are looking at the name of a broker or user, it shows "Premium" but it does not show which account they have. Review collected by and hosted on G2.com.

Molly B.
MB
Project Coordinator
Real Estate
Mid-Market (51-1000 emp.)
"Loopnet for Commercial Real Estate"
What do you like best about LoopNet?

I like that it gives you the control to display your availabilities to other people looking within the industry Review collected by and hosted on G2.com.

What do you dislike about LoopNet?

You can't filter out old ads from when previous companies owned certain locations and advertised through LoopNet or Co-star as well 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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LoopNet
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