# LoopNet Reviews **Vendor:** CoStar Group **Category:** [Multiple Listing Service (MLS) Software](https://www.g2.com/categories/multiple-listing-service-mls) **Average Rating:** 3.3/5.0 **Total Reviews:** 81 ## About LoopNet LoopNet is an online commercial real estate marketplace that connects buyers, tenants, and investors. ## LoopNet Reviews ### 1. LoopNet Engages in False Advertising and Outright Scams **Rating:** 0.0/5.0 stars **Reviewed by:** Nick B. | Small-Business (50 or fewer emp.) **Reviewed Date:** May 30, 2023 **What do you like best about LoopNet?** Absolutely nothing. This company failed to produce any successful leads whatsoever for my listing and charged me without even publishing my listing for the amount of time I paid for. **What do you dislike about LoopNet?** The website makes it seem like I was paying for 3 month's worth of active listings. I disabled my listing while I was busy renovating the office and thought I could renew the listing for the rest of my term. The person I spoke to on the phone said I could pause the listing until was ready but I just called in today and now they're saying they can't renew my listing or use the payments I made towards actually publishing my listing for the 3 months I already paid for. I asked for a refund or at the very least the other 2 months' worth of active listing for my property and they refused. They were also incredibly rude and disrespectful over the phone. The phone agent called me personally insulted me. I'm having to file a fraud charge with my bank to resolve it. As a small business struggling to make ends meet, paying $600 for absolutely nothing is devastating. **What problems is LoopNet solving and how is that benefiting you?** Publishing real estate listings ### 2. Scam company charges after canceling **Rating:** 0.0/5.0 stars **Reviewed by:** Brent V. | Mid-Market (51-1000 emp.) **Reviewed Date:** February 22, 2023 **What do you like best about LoopNet?** Nothing they are a scam company, use another company! Buyer beware!!! **What do you dislike about LoopNet?** They scam by charging fraudulent charges after canceling and they are constantly calling trying to upsell there services. Use another service! This company has become a scummy scam outfit. I have used there services many times over 20 years. Don't trust them anymore and they are not effective anymore in there marketing outdated program. Do not waste your time and money with LoopNet and costar **What problems is LoopNet solving and how is that benefiting you?** Tried to use there services for marketing a commercial space but it sold through the MLS. ### 3. Increased their rates significantly, USE CREXI INSTEAD **Rating:** 1.0/5.0 stars **Reviewed by:** Zach T. | Real estate professional, Small-Business (50 or fewer emp.) **Reviewed Date:** October 03, 2022 **What do you like best about LoopNet?** Their advertising platform was great for the year that I had them. Then it went downhill after that **What do you dislike about LoopNet?** They increased their rates by a whopping $50 per silver slot after my one-year term, which was $150/month for me. They did not inform me of the new rate increase until after my contract expired. They also weren't advertising my listings on a couple of occasions when I went to check on them on LoopNet **What problems is LoopNet solving and how is that benefiting you?** Their prices have increased excessively. I recommend that commercial users/professionals use Crexi instead. It's significantly cheaper and a better platform overall ### 4. Awful and misleading. Loopnet / its employees are not honest and I will never use them again. **Rating:** 0.0/5.0 stars **Reviewed by:** Dan U. | CFO Consultant, Small-Business (50 or fewer emp.) **Reviewed Date:** November 15, 2022 **What do you like best about LoopNet?** Nothing about Loopnet. I would consider competitors to them. **What do you dislike about LoopNet?** Not easy to work with and misleading policies. I received zero leads **What problems is LoopNet solving and how is that benefiting you?** They created problems - Nothing solved and no leads on my property ### 5. Good interface **Rating:** 5.0/5.0 stars **Reviewed by:** ilan r. | Owner, Small-Business (50 or fewer emp.) **Reviewed Date:** January 17, 2023 **What do you like best about LoopNet?** The ease of use on both sides, for the lister and searcher. **What do you dislike about LoopNet?** Supply can become stale, not a reliable one stop shop. **What problems is LoopNet solving and how is that benefiting you?** One of many aggregators, the consolidation and availability would be significant. ### 6. Great experience **Rating:** 5.0/5.0 stars **Reviewed by:** Khalil M. | Real Estate Agent **Reviewed Date:** August 01, 2022 **What do you like best about LoopNet?** Exposure to commercial RE, as well as access to vast inventory that will help find buyers and sellers to the commercial market . Extremely helpful in the business **What do you dislike about LoopNet?** Most sellers and buyers need experts to assist them with the purchase of commercial real state **What problems is LoopNet solving and how is that benefiting you?** Most ofmall I need exposure to the listings ### 7. Best Commercial Site **Rating:** 5.0/5.0 stars **Reviewed by:** Janice L. | Real Estate Broker **Reviewed Date:** September 01, 2022 **What do you like best about LoopNet?** Great commercial properties available for consideration... **What do you dislike about LoopNet?** Not a user friendly sign in or account creation.................................... **What problems is LoopNet solving and how is that benefiting you?** Providing commercial and industrial opportunities for my clients ### 8. Primary Resource for CRE Marketing **Rating:** 5.0/5.0 stars **Reviewed by:** Jennifer T. | Chief Executive Officer, Small-Business (50 or fewer emp.) **Reviewed Date:** May 03, 2022 **What do you like best about LoopNet?** LoopNet is one of the most widely recognized names in Commercial Real Estate and is a top resource for finding listed commercial properties. The listing service is free with opportunities to add on premium marketing services. **What do you dislike about LoopNet?** Listings are only available to CoStar subscribers unless you pay a hefty price to advertise the Loopnet listing. Competitors do not charge to list the property online for all to see. **What problems is LoopNet solving and how is that benefiting you?** Loopnet is a primary source for locating available commercial properties for sale or lease. ### 9. Bad experience - useless **Rating:** 0.0/5.0 stars **Reviewed by:** Ron B. | Owner **Reviewed Date:** April 14, 2022 **What do you like best about LoopNet?** They charge your credit card even if you removed all listings from their website. We ended up leasing the property with a broker. **What do you dislike about LoopNet?** They charge your credit card even if you removed all listings from their website. **What problems is LoopNet solving and how is that benefiting you?** Was trying to lease commercial space ### 10. Active marketplace to post real estate **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Commercial Real Estate | Small-Business (50 or fewer emp.) **Reviewed Date:** December 28, 2021 **What do you like best about LoopNet?** There is plenty of options to enter information. I like that Loopnet allows you to mark a property as an auction and not just for sale. Customer service has always been phenominal! **What do you dislike about LoopNet?** Without an upgraded account it's hard to find listings when searching. **What problems is LoopNet solving and how is that benefiting you?** Loopnet allows us to put our properties in front of agents, buyers and sellers who are in the market. It's a very niche real estate site. Loopnet allows you to take over a listing that was previously on the market perhaps from a different agent or firm. Most of the information is already input which is nice. ### 11. Lack of customer service **Rating:** 0.5/5.0 stars **Reviewed by:** Verified User in Retail | Small-Business (50 or fewer emp.) **Reviewed Date:** April 18, 2022 **What do you like best about LoopNet?** Not much when it comes to customer serice. **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. **Recommendations to others considering LoopNet:** Do not recommend **What problems is LoopNet solving and how is that benefiting you?** They are not solving the problem,No benefits realized. ### 12. The only comprehensive source for CRE inventory **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Real Estate | Mid-Market (51-1000 emp.) **Reviewed Date:** July 29, 2020 **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. **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 **Recommendations to others considering LoopNet:** Use Loopnet as an adjunct to CoStar **What problems is LoopNet solving and how is that benefiting you?** Quick and dirty way to compile a market segment overview. Good way to farm for expired listings ### 13. Loopnet **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Business Supplies and Equipment | Small-Business (50 or fewer emp.) **Reviewed Date:** February 21, 2018 **What do you like best about LoopNet?** Simple process of creating ads for publication to websites such as Craigslist **What do you dislike about LoopNet?** Very expensive for a small independant brokerage **What problems is LoopNet solving and how is that benefiting you?** Property searches, listing advertising, comps. ### 14. Great CRE Resource **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Commercial Real Estate | Mid-Market (51-1000 emp.) **Reviewed Date:** March 29, 2022 **What do you like best about LoopNet?** It is very easy to use and navigate the website. **What do you dislike about LoopNet?** Sometimes the property information can be inaccurate but not often. **What problems is LoopNet solving and how is that benefiting you?** It has helped me to identify properties for buyers and served as an aid in finding comps for valuations. ### 15. BUYER BEWARE! **Rating:** 0.0/5.0 stars **Reviewed by:** Randy E. | CEO, Emerald Shores Management, LLC, Small-Business (50 or fewer emp.) **Reviewed Date:** March 10, 2021 **What do you like best about LoopNet?** The website and overall appear is attractive. **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. **Recommendations to others considering 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. **What problems is LoopNet solving and how is that benefiting you?** My dislike explains the problems with Loopnet-Costar. Nothing has been resolved. ### 16. Great for finding the specific properties that you want to see **Rating:** 4.0/5.0 stars **Reviewed by:** Becky J. | A, Small-Business (50 or fewer emp.) **Reviewed Date:** May 13, 2021 **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. **What do you dislike about LoopNet?** Sometimes the property isn't in the database so have to wait until loopnet gets it in there. **What problems is LoopNet solving and how is that benefiting you?** Can get a list of particular properties that are for sale quickly Lots of listings are shown on LoopNet, very wide-spread use ### 17. Buyer Beware !!!! **Rating:** 0.0/5.0 stars **Reviewed by:** Verified User in Real Estate | Small-Business (50 or fewer emp.) **Reviewed Date:** November 02, 2020 **What do you like best about LoopNet?** I t was pretty easy to enter the listing **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. **What problems is LoopNet solving and how is that benefiting you?** Buyer Beware! I signed up to lease a small space. I cancelled the listing on Oct 8th and yet was billed another 118 today ( Nov 2). I called them to complain and all she kept saying was that It "auto renews" quarterly and if you miss the first day of the next quarter ( which as Sept 1), you are automatically committed to the next 3 months even if you cancel on Sept 2. this is the most ridiculous scam I have ever seen. Paying for 2 months even though my listing is no longer there and even their service is no longer needed. Absolute joke! Don't do it! Go elsewhere! ### 18. I was able to send properties and closed a couple of deals **Rating:** 5.0/5.0 stars **Reviewed by:** Rosemarie F. | RE Associate Broker, Small-Business (50 or fewer emp.) **Reviewed Date:** May 21, 2021 **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 **What do you dislike about LoopNet?** I like using it for commercial properties in all areas **What problems is LoopNet solving and how is that benefiting you?** Searching all over the United States ### 19. Loopnet Experience as Appraiser **Rating:** 5.0/5.0 stars **Reviewed by:** Neeka A. | Commercial Real Estate Appraiser, Small-Business (50 or fewer emp.) **Reviewed Date:** June 23, 2020 **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. **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 **Recommendations to others considering LoopNet:** Since the site is free there’s no reason to not use it. However if you will do serious appraisals you will need a Costar as well. **What problems is LoopNet solving and how is that benefiting you?** We are looking for comparables as well as information of brokers to be able to reach out to them and get their market opinions. It helps streamline and solve comp issues easily. ### 20. great to search and learn real estate **Rating:** 5.0/5.0 stars **Reviewed by:** ruben a. | Agent **Reviewed Date:** January 26, 2021 **What do you like best about LoopNet?** COMMERCIAL REAL ESTATE AND APTS, STRIP CENTERS, GOOD DEALS **What do you dislike about LoopNet?** how long it take to become member, but website i like **What problems is LoopNet solving and how is that benefiting you?** i have been in many transactions and helpful from this website ### 21. Great product available for brokers and tenants alike **Rating:** 4.0/5.0 stars **Reviewed by:** Verified User in Graphic Design | Small-Business (50 or fewer emp.) **Reviewed Date:** November 21, 2019 **What do you like best about LoopNet?** Loopnet is great for brokers and tenants/owners alike. The company I work for uses it on the broker side and we've received lots of leads from loopnet. It's free for people to search, but requires brokers to pay to put their listings into the database. High-quality, free version of CoStar available at zero cost to those searching the database. **What do you dislike about LoopNet?** Loopnet is part of CoStar. Our company pays a fee to allow our brokers to have an account to CoStar, and that fee is reasonable and has not increased much in the last few years. The fee for loopnet however, has increased nearly 300% in the last 15 months. Brokerage companies are required to pay per listing they have on Loopnet. It's not required to list there, but suggested as it gets quite a bit of exposure. Our company used to pay $14/listing, and after a second price increase, are now paying $42/listing. **Recommendations to others considering LoopNet:** Great option for those looking to search commercial listings without having to pay a fee. Somewhat expensive for brokers looking to get listings posted. **What problems is LoopNet solving and how is that benefiting you?** We get better exposure with our listings when we have them listed on Loopnet. We receive anywhere from 5-20 leads per day on different listings, usually directly from tenants looking for space. ### 22. Do NOT use loopnet **Rating:** 0.5/5.0 stars **Reviewed by:** Will G. | Small-Business (50 or fewer emp.) **Reviewed Date:** February 24, 2020 **What do you like best about LoopNet?** What did i like best? Firing Loopnet as a provider. **What do you dislike about LoopNet?** They cannot get simple details correct regarding listings, even when they are provided the details, and repeatedly reminded to change them to what is correct. **Recommendations to others considering LoopNet:** Do NOT advertise on loopnet, and do not share your data with them for free. **What problems is LoopNet solving and how is that benefiting you?** I have realized no benefits, and using Loopnet to advertise listings has only caused problems. ### 23. Easy to find listings for commercial real estate. **Rating:** 4.5/5.0 stars **Reviewed by:** Verified User in Education Management | Mid-Market (51-1000 emp.) **Reviewed Date:** May 22, 2019 **What do you like best about LoopNet?** LoopNet incorporates the ease of find sale information through a list of by a map. It includes all information necessary to value the property accurately including price, location, square footage, agent contact information, and photos outside and inside the properties. **What do you dislike about LoopNet?** I don't like that it doesn't have an efficient way, or possibly no way, of finding information such as the county the property is located, or the exact city the property is located in. The listing will include only what the listing agent has included and doesn't have restrictions to correct the information. Therefore, sometimes a listing can be misleading with inaccurate information. There is no property tax information for new construction, so that information must be researched separately from this software. There is also no helpful valuation information other than the price listed. **Recommendations to others considering LoopNet:** I would recommend a valuation analysis to verify the price of the listings. **What problems is LoopNet solving and how is that benefiting you?** I am able to use the information on LoopNet to get a true valuation of the building for sale and measure whether or not the property is over or under valued. ### 24. LoopNet is very helpful in finding building info. **Rating:** 3.5/5.0 stars **Reviewed by:** Norm C. | Director Of Client Relations, Small-Business (50 or fewer emp.) **Reviewed Date:** November 11, 2019 **What do you like best about LoopNet?** LoopNet allows you to quickly find owner or landlord info for most commercial properties. **What do you dislike about LoopNet?** Many times the information is not complete or up to date. **What problems is LoopNet solving and how is that benefiting you?** LoopNet was utilized by our field and sales teams to gather information on properties, prior to approaching those contacts concerning their facility service needs. ### 25. Don't like it now that it has been bought **Rating:** 0.0/5.0 stars **Reviewed by:** Verified User in Real Estate | Small-Business (50 or fewer emp.) **Reviewed Date:** November 13, 2019 **What do you like best about LoopNet?** Since Loopnet has been bought I believe that it is a dying product. **What do you dislike about LoopNet?** The only reason anyone still uses the product is because that is what they were used to doing. You no longer get the exposure you once did and it is no longer a viable marketing source. **Recommendations to others considering LoopNet:** This is not a great marketing platform since its acquisition. **What problems is LoopNet solving and how is that benefiting you?** I'm not solving any problems with Loopnet and have not received any benefits since its acquisition. ### 26. One of the best services for commercial real estate professionals **Rating:** 4.5/5.0 stars **Reviewed by:** Patrick B. | Associate, Commercial Division, Mid-Market (51-1000 emp.) **Reviewed Date:** October 08, 2018 **What do you like best about LoopNet?** This is EASILY one of the best services for anyone involved in commercial real estate transactions. It provides the user with all of the relevant info necessary to either buying or selling a commercial property. When I list my properties on this website, I feel like they receive more visibility than they would on any other service. The insights and metrics that LoopNet provides are unmatched and really let you dig deep into who is interested in a particular listing or property. **What do you dislike about LoopNet?** There aren't many things I dislike about this service, however, if I had to choose one, it would be the over saturation of information and sometimes the misrepresentation of information. Some listings aren't correctly filled out by the person entering them into the system, which leaves room for a lot of questions that need to be asked about a particular listing. **Recommendations to others considering LoopNet:** If you are in the market for a tool that will help with any commercial real estate transaction, LoopNet is the place to go. It's a one-stop shop for any information you would need on any on-market commercial listing. **What problems is LoopNet solving and how is that benefiting you?** LoopNet has not only helped my current listings, but has also helped me find deals for some of my clients. In regards to my own listings, the feedback and insight that LoopNet provides is unmatched. The system gives you in depth metrics on how your listing is performing in terms of marketing and visibility to people who are interested in your type of property. ### 27. LoopNet? **Rating:** 0.0/5.0 stars **Reviewed by:** Peter S. | Investor, Small-Business (50 or fewer emp.) **Reviewed Date:** May 27, 2019 **What do you like best about LoopNet?** LoopNet is becoming a poor-quality listings site; 93% of the listings are C-grade or lower properties. They want you to pay hefty fees to view properties that owners pay to list. Your best bet for multi-family properties is to contact the listing agents, which you can find through real estate companies listed throughout the country. **What do you dislike about LoopNet?** Everything loops on the net, even listing single-family homes or condos when it is supposed to be commercial. **What problems is LoopNet solving and how is that benefiting you?** {"translation":"Nothing"} ### 28. Loopnet Review **Rating:** 4.0/5.0 stars **Reviewed by:** Angela Snow R. | Marketing/Office Manager, Small-Business (50 or fewer emp.) **Reviewed Date:** April 01, 2019 **What do you like best about LoopNet?** Ability to see commercial real estate listings **What do you dislike about LoopNet?** The cost is outrageous for premium listings and it just keeps going up every year, there is not a better solution on the market. Unfortunately they have the best product out there so you have to keep paying their premiums. **What problems is LoopNet solving and how is that benefiting you?** ease of marketing ### 29. Listing Tool **Rating:** 3.0/5.0 stars **Reviewed by:** Verified User in Real Estate | Mid-Market (51-1000 emp.) **Reviewed Date:** December 12, 2017 **What do you like best about LoopNet?** As a smaller firm with few listings not managed by brokers Loopnet allows us to be a right-sized tool. We can also share listings with our joint venture partners. **What do you dislike about LoopNet?** When Costar and Loopnet merged it made a mess of my listings and pulled incorrect (old) information into my account. I also dislike how frequently they make account reps verify listings and request details on closed transactions. I changed my review from an 8 to a 6 because of the changes and constant calls from Costar. **What problems is LoopNet solving and how is that benefiting you?** It has been a price effective tool for us to promote vacancies with our office spaces. We have had inquires generated from LoopNet. ### 30. System down and no support cost me three days of a listing. **Rating:** 0.5/5.0 stars **Reviewed by:** Verified User in Accounting | Mid-Market (51-1000 emp.) **Reviewed Date:** January 06, 2019 **What do you like best about LoopNet?** Nothing I don't like the customer service. Wasted two hours of my day trying to data entry three listing that didn't save. Oh, had elbow surgery two weeks ago so it hurts. **What do you dislike about LoopNet?** Lack of availability of support on the weekend. Not everyone has bankers hours. **Recommendations to others considering LoopNet:** If you need a reliable and available customer service don't use **What problems is LoopNet solving and how is that benefiting you?** Trying to lease a office space ### 31. Great research tool **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Financial Services | Enterprise (> 1000 emp.) **Reviewed Date:** March 22, 2019 **What do you like best about LoopNet?** Thousand of properties and detailed information for each **What do you dislike about LoopNet?** Need better information for rural properties **What problems is LoopNet solving and how is that benefiting you?** Conducting real estate research for the sale of investing ### 32. LoopNet - Essential for Brokers **Rating:** 4.0/5.0 stars **Reviewed by:** Marshall B. | Small-Business (50 or fewer emp.) **Reviewed Date:** March 27, 2018 **What do you like best about LoopNet?** I like the ease of inserting new properties to the database as well as researching other properties. **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! **Recommendations to others considering LoopNet:** LoopNet (in conjunction with CoStar) has one of the single largest databases of available real estate properties in the world. Their platform is intuitive, and accessible by the majority of internet users. Great research tool! **What problems is LoopNet solving and how is that benefiting you?** Ease of locating other individuals who may not know where else to find my properties/my contact information. ### 33. This is where I search for comps/properties similar to ours **Rating:** 3.5/5.0 stars **Reviewed by:** Rebecca K. | Senior Marketing & Research Specialist, Real Estate, Mid-Market (51-1000 emp.) **Reviewed Date:** October 24, 2017 **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. **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. **Recommendations to others considering LoopNet:** While it is a great marketing tool, beware that they do partner with CoStar, so you will get a LOT of calls about your sales. **What problems is LoopNet solving and how is that benefiting you?** This is where we send all of our listings that we cannot sell using our own marketing efforts. I like it because Loopnet will match you with a 'Prospect List' based on their criteria, and you can send the property to them based on the match-up. ### 34. Great resource for what available properties are in my city! **Rating:** 4.5/5.0 stars **Reviewed by:** Marcie G. | Mid-Market (51-1000 emp.) **Reviewed Date:** March 27, 2018 **What do you like best about LoopNet?** The map showcasing the available properties in my community **What do you dislike about LoopNet?** Would like to know how long a property has been on the market. **What problems is LoopNet solving and how is that benefiting you?** Being able to quickly at a glance find available properties ### 35. Loopnet buyout by CoStar has made loopnet prices to skyrock **Rating:** 0.5/5.0 stars **Reviewed by:** Verified User in Real Estate | Small-Business (50 or fewer emp.) **Reviewed Date:** December 04, 2017 **What do you like best about LoopNet?** Being able to search for investments properties and find what we want to get more information on. **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. **What problems is LoopNet solving and how is that benefiting you?** We have been able to locate properties across the country that we like with this product. It did solve the past issue of having to spend all day on the phone with brokers looking for properties. This allowed us to grow quicker rather than waiting on the brokers to call us. ### 36. Loopnet/Showcase **Rating:** 3.5/5.0 stars **Reviewed by:** Kyle M. | Development, Leasing and Sales Management, Commercial Real Estate, Small-Business (50 or fewer emp.) **Reviewed Date:** October 26, 2017 **What do you like best about LoopNet?** Loopnet has the largest number of unique visits per month of any property listing service. **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. **Recommendations to others considering LoopNet:** I would recommend utilizing one of the lower priced packages and revolving listings based on importance. **What problems is LoopNet solving and how is that benefiting you?** I'm reaching out to a much larger database of potential customers. My property listing views have risen exponentially. ### 37. Disappointing. Cut functionality for the same amount of money. **Rating:** 0.0/5.0 stars **Reviewed by:** Verified User in Real Estate | Small-Business (50 or fewer emp.) **Reviewed Date:** January 28, 2018 **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. **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. **What problems is LoopNet solving and how is that benefiting you?** Commerical real estate sales and leasting ### 38. Very disapointed **Rating:** 0.0/5.0 stars **Reviewed by:** Russell B. | Realtor, Marketing and Advertising, Small-Business (50 or fewer emp.) **Reviewed Date:** July 17, 2017 **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. **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. **Recommendations to others considering LoopNet:** Don't expect much. **What problems is LoopNet solving and how is that benefiting you?** No results from 90 days of service. ### 39. Very Useful If You Are Premium **Rating:** 4.0/5.0 stars **Reviewed by:** Verified User in Commercial Real Estate | Enterprise (> 1000 emp.) **Reviewed Date:** June 29, 2017 **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. **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. **What problems is LoopNet solving and how is that benefiting you?** I am constantly getting alerts through Loopnet about new listings, changes or things taken off the market. I realized that I can set up alerts to send to my email and have a "watch list" which shows me if something has been taken off the market. It helps when I am updating the system. ### 40. Loopnet for Commercial Real Estate **Rating:** 3.5/5.0 stars **Reviewed by:** Molly B. | Project Coordinator, Real Estate, Mid-Market (51-1000 emp.) **Reviewed Date:** December 12, 2017 **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 **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 **Recommendations to others considering LoopNet:** Be sure to clear out any ads for properties if your company recently has purchased that location. **What problems is LoopNet solving and how is that benefiting you?** An easier way to market within the real estate community ### 41. Exposure for your Commercial Listings **Rating:** 4.0/5.0 stars **Reviewed by:** Kerri R. | Communications Manager, Real Estate, Small-Business (50 or fewer emp.) **Reviewed Date:** October 25, 2017 **What do you like best about LoopNet?** Loopnet is free to use and add your commercial listings too. The dashboard to view your listings immediately shows you how many views each property has. They have amazing customer service that call you to verify information on your listing, and let you know when you're missing information to help market the property. **What do you dislike about LoopNet?** To get maximum exposure, you need to upgrade your listings, which can be extremely expensive **What problems is LoopNet solving and how is that benefiting you?** We have received leads on our listings from LoopNet, and been able to be seen by a broader range of potential buyers ### 42. Sloppy seconds for deals... but great for networking! **Rating:** 4.0/5.0 stars **Reviewed by:** Verified User in Real Estate | Small-Business (50 or fewer emp.) **Reviewed Date:** November 08, 2017 **What do you like best about LoopNet?** I love how I’m able to get in contact with a broker through loopnet, which allows me to find other deals before they hit the market. **What do you dislike about LoopNet?** Deals on loopnet are usually overpicked and are the “sloppy seconds” the seasoned investor has passed down after an agent or broker contacted them as an off market agreement. **Recommendations to others considering LoopNet:** Use loopnet to meet and connect with brokers. Most deals are overpriced and overpicked. **What problems is LoopNet solving and how is that benefiting you?** Connecting and networking with brokers and realtors, as well as other investors. ### 43. Easy to use but not reliable enough to do analysis **Rating:** 4.0/5.0 stars **Reviewed by:** Verified User in Real Estate | Enterprise (> 1000 emp.) **Reviewed Date:** December 12, 2017 **What do you like best about LoopNet?** The platform is clean, easy to use an offers some extra marketing feature other platforms do not. **What do you dislike about LoopNet?** LoopNet is designed to be easy for non-real estate people to use but that also means it is full of inaccuracies and outdated information...which can be seen by the general public and causes confusion with our clients **Recommendations to others considering LoopNet:** Good for basic property marketing but if you need more powerful analytical tools look to the sister company CoStar **What problems is LoopNet solving and how is that benefiting you?** The best feature of LoopNet is the price. It enables Landlord's and property owners to market their own properties to a wider audience which makes my rural research easier. ### 44. Commercial real estate **Rating:** 2.5/5.0 stars **Reviewed by:** Verified User in Real Estate | Small-Business (50 or fewer emp.) **Reviewed Date:** January 21, 2018 **What do you like best about LoopNet?** Excellent website for the marketing of commercial real estate which is useful to consumers and agents. **What do you dislike about LoopNet?** The side does require you to purchase a membership for your listing to be visible to everyone. **What problems is LoopNet solving and how is that benefiting you?** The website does allow me to market my commercial listing nationally. ### 45. LoopNet In Review **Rating:** 5.0/5.0 stars **Reviewed by:** Taylor S. | Executive Assistant To Chief Executive Officer, Construction, Enterprise (> 1000 emp.) **Reviewed Date:** November 14, 2017 **What do you like best about LoopNet?** I love the ease of searching on LoopNet and comparing/contrasting the difference between different commercial properties. **What do you dislike about LoopNet?** Sometimes it takes LoopNet a few hours/day or two to upload brand new commercial properties. I believe it should be immediate upon posting. **Recommendations to others considering LoopNet:** Great range of properties and awesome comparisons. **What problems is LoopNet solving and how is that benefiting you?** The range of properties available on LoopNet is extensive and in turn the searches are proven to be GREAT for a solid comparison of all options available for our clients. ### 46. Decent, But there are Alternatives **Rating:** 3.0/5.0 stars **Reviewed by:** Verified User in Real Estate | Enterprise (> 1000 emp.) **Reviewed Date:** December 18, 2017 **What do you like best about LoopNet?** I enjoy that it's fairly easy to find information on properties that might otherwise be unlisted. **What do you dislike about LoopNet?** The information is not always accurate - I've looked up some of my own properties and I have no idea where they got their information on them. **Recommendations to others considering LoopNet:** Great secondary source for property info if the property can't answer questions. **What problems is LoopNet solving and how is that benefiting you?** Especially helpful when looking for information on comps and final sales prices - if a management company or CoStar won't give out that info, Loopnet has it. ### 47. Great for gathering base information **Rating:** 4.0/5.0 stars **Reviewed by:** Turner S. | Director, Financial Services, Small-Business (50 or fewer emp.) **Reviewed Date:** July 26, 2017 **What do you like best about LoopNet?** I like how I can easily search different listings and find information on commercial properties **What do you dislike about LoopNet?** I dislike that there isn't owner information right there available **Recommendations to others considering LoopNet:** There is a good free version, but if you want all the information on each property the paid upgrade is necessary **What problems is LoopNet solving and how is that benefiting you?** I am finding commercial properties that are up for sale currently in a market I have current business. ### 48. Changes **Rating:** 2.5/5.0 stars **Reviewed by:** Verified User in Commercial Real Estate | Mid-Market (51-1000 emp.) **Reviewed Date:** November 03, 2017 **What do you like best about LoopNet?** I like that I can build a report for certain properties by drawing on a map and it'll pull in anything within the highlighted areas. I like the exposure that Loopnet provides for the properties **What do you dislike about LoopNet?** The transition to integrating with CoStar has been really bumpy. I'll be updating the listings and the number of listings will change. When they first integrated my listings were all garbage, somehow the software had brought up old data and images for almost each one. **What problems is LoopNet solving and how is that benefiting you?** Exposure, ease of access and research ### 49. Great real estate resource **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Real Estate | Mid-Market (51-1000 emp.) **Reviewed Date:** November 08, 2017 **What do you like best about LoopNet?** The layout is easy to understand and helps facilitate property searches **What do you dislike about LoopNet?** It can be expensive if you want premium benifits **Recommendations to others considering LoopNet:** Pay for the premium services if you can afford it **What problems is LoopNet solving and how is that benefiting you?** Marketing and searching of real estate property ### 50. Used Loopnet to market properties for sale and lease **Rating:** 3.0/5.0 stars **Reviewed by:** Verified User in Real Estate | Small-Business (50 or fewer emp.) **Reviewed Date:** November 02, 2017 **What do you like best about LoopNet?** Good exposure for properties that we hard to market. Used a couple of years ago and got exposure from buyers that were out of the area. **What do you dislike about LoopNet?** The tiered system. If you did not pay for a listing, only people with premium could see it. **Recommendations to others considering LoopNet:** It is very helpful for getting exposure to your properties for sale or for lease. Local and national exposure was very helpful. **What problems is LoopNet solving and how is that benefiting you?** Exposure to potential buyers and tenants. ## LoopNet Discussions - [Can someone develop a better commercial property listing service without these drawbacks?](https://www.g2.com/discussions/can-someone-develop-a-better-commercial-property-listing-service-without-these-drawbacks) - 2 comments, 1 upvote - [What does LoopNet cost?](https://www.g2.com/discussions/what-does-loopnet-cost) - 1 comment - [View LoopNet pricing details and edition comparison](https://www.g2.com/products/loopnet/reviews?section=pricing&secure%5Bexpires_at%5D=2026-05-22+09%3A18%3A26+-0500&secure%5Bsession_id%5D=954ed73a-77e7-4e33-bf61-77ecfca6df6f&secure%5Btoken%5D=6d8cca4caa2921df67d65e27c9b1e9b0d6abbe91b1a3dd59d2f2b5b6862d8175&format=llm_user) ## LoopNet Features **Listing Service Features** - Premium Listings & Profiles - MLS Integration - Listing Management Portal - CMA Tools - Website Integration / Widgets - CRM Integration - Listing Syndication - Agent Profiles - Mortgage Calculators - Advertising & Marketing Tools **Listing Service Features** - Listing Syndication - Listing Management Portal - Agent Profiles - Premium Listings & Profiles - Website Integration / Widgets - CMA Tools - Mortgage Calculators - CRM Integration - MLS Integration - Advertising & Marketing Tools ## Top LoopNet Alternatives - [Zillow](https://www.g2.com/products/zillow/reviews) - 4.1/5.0 (299 reviews) - [Crexi](https://www.g2.com/products/crexi/reviews) - 4.6/5.0 (123 reviews) - [Realtor.com](https://www.g2.com/products/realtor-com/reviews) - 3.5/5.0 (91 reviews)