Loopnet Price Increases - 300% to 500%.
Now that Loopnet has decided to gouge brokers and has drastically raised their prices (by 300% ~ 500% depending on the level of functionality you are using. In my case the expense is going from $200/month to approximately $1132/month), It is time to consider many of the fine alternatives out there. 

The Commercial Broker community is up in arms about this latest bit of price gouging by the CoStar/Loopnet group and in my own county the commercial board has held multiple meetings on the topic.

Here are some reasonably good links regarding the topic
http://www.dukelong.com/loopnet-raises-its-prices-and-all-you-can-do-is-bitch/
http://aimgroup.com/2014/10/14/loopnet-raises-fees-cre-brokers-irate/
http://www.ftc.gov/sites/default/files/documents/cases/2012/04/120426costardo.pdf

For reference, here is a link to the FTC Decision document relating to CoStar acquiring Loopnet.
http://www.ftc.gov/sites/default/files/documents/cases/2012/04/120426costardo.pdf


So what are all you other brokers planning to do about this and what is your plan moving forward? There is a need for communication because I want my fellow brokers to be able to find my listings.

Me? I am going to reduce my exposure on Loopnet by half and abandon the Loopnet Premium search features; this way my monthly Loopnet costs only rise from my current rate by 75%. Then I am going to use Xcelligent for their search tools and monitor how well their listing tools come online. I will continue to list in Catalyst which is supported by our local Commercial Realty Board and experiment with Commercial Source (now aligned with Xcelligent) and Property Line.

I would love to hear what the brokerage community is considering going forward.

Sorry if my links aren't done correctly - I am learning and will correct them as needed and as I learn how.
[{"id": "clrtzj0", "text": "Personally, as a downtown office tenant rep in a major market at a major shop, I rarely use LoopNet. A subscription to CoStar is all I need and, fortunately, it is provided by our firm. Is the cost of a CoStar subscription being raised in the same fashion?", "replies": [{"id": "clru2q2", "text": "Wouldn't be surprised if you'll start seeing similar pricing increases from main CoStar products (Loopnet is a division of CoStar).  Xcelligent, as the poster mentioned above, seems to be making a big market push in response to CoStar increases.  ", "replies": [{"id": "cls07zt", "text": "Too bad CoStar is nearly impossible to compete with...could really use some (accurate) competition in the CRE data space. Very hard for anyone to get truly accurate information because there is no incentive for brokers to share comps outside of Compstak.", "replies": [], "depth": 3}, {"id": "clvh5hd", "text": "I just started as a Senior Research Analyst at a top CRE firm and my market is the beta hub for doing all our in house numbers and research without using CoStar starting in Q1 2015. CoStar is starting to ruffle a lot of people's feathers in the worst of ways. ", "replies": [], "depth": 3}], "depth": 2}, {"id": "cls28cw", "text": "I don't believe it is.", "replies": [], "depth": 2}], "depth": 1}, {"id": "cls6ytu", "text": "Xceligent", "replies": [{"id": "co3i0na", "text": "ha", "replies": [], "depth": 2}], "depth": 1}, {"id": "co3ows5", "text": "What else are you going to do though?  No one else gets anywhere near the web traffic of Loopnet.  Its still a bargain to put your listings there.  \n\n", "replies": [], "depth": 1}]