CCbroker

Slow-Playing LoopNet For Now

I am a licensed real estate broker. I have been a LoopNet premium subscriber for the past two years. First year my dues were $449, second year $674 and this year's renewal, the notice which I never received but was charged to my charge card, was $1799.40!!! I belong to a group of commercial brokers, which, as a group, has decided to boycott LoopNet. They are non-renewing and/or requesting cancellation of a prepaid annual membership with a credit reimbursed to the broker. We all feel we were reeled in only to be totally taken advantage of. This only substantiates the numbers above--members are signing on to view (at no cost) and after their initial sign on vist, may never return, but the premium members are dropping their paid memberships.