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Player Avatar SarasotaComml (< 20) Submitted: 12/19/2008 8:09:22 AM : Underperform Start Price: $7.20 LOOP Score: -30.49

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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