+ Watch LOOP
on My Watchlist
The Company is an online marketplace for commercial real estate in the United States, based on the number of monthly unique visitors to its marketplace.
Loopnet is toast IMO. In a declining market they have increased their premium fees exorbitantly over the past two years. I and a lot of folks are canceling our premium memberships. $3,000+/yr is too much for a lot of professionals to bear at this point for what is essentially a basic, no frills listing service. NAR has their own model coming out. Catylist does a very good job as well, giving comps, using Google StreetView, etc. I just cannot see this company sustaining itself in this competitive environment with these fees.
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