With so much talk about real estate 2.0 and new websites such as Trulia, Zillow, Redfin, et al…it seems everyone is overlooking commercial real estate and in particular the 10 year company LoopNet, Inc. www.loopnet.com is the best website for commercial real estate in terms of usability, functionality, and affordability. As a member and frequent user of Loopnet.com, I am excited to see the service gaining users and recognition.
National Real Estate Investor recently wrote:
“Online information service LoopNet, Inc. observed a significant milestone last month when it officially exceeded 1.5 million registered members on Aug. 13th.LoopNet hit one million members last October. This makes LoopNet.com the most visited commercial real estate web site. According to comScore Media Matrix, an Internet consulting firm, more than 900,000 unique visitors visited LoopNet in June.
By the end of that month, incidentally, the LoopNet site featured more than $335 billion of properties for sale and 2.9 billion sq. ft. of space for lease. NREI spoke with LoopNet president and CEO Richard Boyle last month about the company’s strong growth trajectory…”
…read the September interview here and the click here to read the August interview.
LoopNet is not just a great listings website for commercial real estate, but they have been using many of the web 2.0 tools other sites are just now integrating, such as their map search feature. While I realize there is a lot of competition in this sector, CoStar and CityFeet lack the quality web experience LoopNet offers. Check it out and let me know what you think?
(I should disclose I am also a stock holder. But if you use the service and believe they are the best, why not buy them?)
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