Disappointing experience for someone with a lot of Sales talent and drive - Territory Representative LoopNet Employee Review

2.0
Feb 17, 2011
Recommend
CEO approval
Business outlook

Pros

- great sales training- if you want to learn how to cold call, they will train you and the trainer is great - good work life balance, if you can handle the monotony of the job, the day ends at 4:30

Cons

- you have to clock into a phone in the morning- if you are late ( even by a minute) clocking in 4 times a month, you lose your incentives- a big benefit of working at LoopNet -very fraternity-like environment, great for people right out of college, but for working professionals this is not the most professional environment -certain regional managers are just plain bad managers and they do not demote, so if you get placed on a team with a bad manager, you are pretty much out of luck. -very high turn over mostly because people cannot hit their number. In my case, I hit my number and outsold most of the top reps which brings me to the biggest CON: -They micromanage and in sales this just does not work. If you are great at sales I really suggest you consider the fact that no matter how much you sell- even if you outsell most of the sales force, the fastest you can get promoted is 6 months. If you are very ambitious and like to be the best and work on your own terms and have flexibility with hours- this is not the place for you - Money is bad- as a rep who was in the top ten consistently, I made less money here than I did in my first Sales job right out of college. -when I quit, the managers announced to the entire sales team that I was not a " team player" and that it was a mutual decision to let me go- they lie.

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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