Newsletters

Richard Boyle of LoopNet

Dot-com executives can get distracted by the technology and forget the value proposition to their customers.

By John Salustri | Updated on October 12, 2001

In the wake of its July merger with PropertyFirst, San Francisco-based LoopNet has been doing some boasting–claiming such titles as #1 in commercial real estate online and having more free listings, more members and more market coverage than any competitor. Adjectives aside, the raw numbers are impressive, and president and CEO Richard Boyle explains that the service currently has some 225,000 registered members–close to 5,500 of whom are paid subscribers. Sale and lease listings tally 169,000, which pencils out to $130 billion in sale inventory and two billion sf in leasing inventory. And the merged operation is really just getting started. Last month Boyle and company rolled out the first post-merger product enhancement based on the aggregate databases of both firms. Now, Boyle tells GlobeSt.com, the effort will be on strengthening its offerings.

GlobeSt.com: This has been a roller-coaster year for dot-coms in general. How do you read the tracks in the sand?

Boyle: I think the landscape is greatly clarified in that those companies that have sustainable business models and provide real products and services are finding their way through the funding climate.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

Unlimited access to GlobeSt and other free ALM publications
Access to 15 years of GlobeSt archives
Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
1 free article* every 30 days across the ALM subscription network
Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account? Sign In Now

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Resource Center

CRE strategies and business decisions are only as strong as the data that powers them, and that data better be correct. This self-assessment will help you gauge your current data management capabilities.

Assessment

Sponsored by Cherre

Data Management Scorecard: A Health Check for Your Data Management Capabilities and Challenges

CRE strategies and business decisions are only as strong as the data that powers them, and that data better be correct. This self-assessment will help you gauge your current data management capabilities.

Browse More Resources ›

CRE strategies and business decisions are only as strong as the data that powers them, and that data better be correct. This self-assessment will help you gauge your current data management capabilities.

Assessment

Sponsored by Cherre

Data Management Scorecard: A Health Check for Your Data Management Capabilities and Challenges

CRE strategies and business decisions are only as strong as the data that powers them, and that data better be correct. This self-assessment will help you gauge your current data management capabilities.

Browse More Resources ›

Does your data inspire confidence or is there a significant lack of trust in its validity? Use this assessment to gauge where your organization’s data practices are at today and what gaps exist.

Assessment

Sponsored by Cherre

Enabling Stakeholder Confidence in Your Data: A Self-Assessment for Real Estate Organizations

Does your data inspire confidence or is there a significant lack of trust in its validity? Use this assessment to gauge where your organization’s data practices are at today and what gaps exist.

Browse More Resources ›

GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
Exclusive discounts on ALM and GlobeSt events.
Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now

Copyright © 2024 ALM Global, LLC. All Rights Reserved.