TrustRadius: an HG Insights company

Save this comparison

Save this comparison

Add Product

Recommended Comparisons

    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Auction.com

    Score10 out of 10
    N/ATen-X supports Auction.com, an online multiple listing service (MLS) emphasizing foreclosures and auctions for residential properties.N/A

    LoopNet

    Score7 out of 10
    N/ALoopNet is an online multiple listing service (MLS) supporting commercial real estate search, advertising, and lead generation for brokerages.N/A
    Pricing
    Auction.comLoopNet
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    Auction.comLoopNet
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details
    More Pricing Information
    User Ratings
    Auction.comLoopNet
    Likelihood to Recommend
    10.0
    (1 ratings)
    7.0
    (6 ratings)
    Support Rating
    10.0
    (1 ratings)
    7.0
    (3 ratings)
    User Testimonials
    Auction.comLoopNet
    Likelihood to Recommend
    Ten-X
    Auction.com is well suited for an event, which has a silent and live auction. I can't imagine hosting an event without being able to swipe guests credit cards and being able to generate invoices. Entering winning bids at the event is easy and can be done on multiple computers - then merged onto one to run the necessary invoices, distribution sheets, and reports. Running a report on the items not bid on allows you to verify that you have entered all the bid sheets.
    Incentivized
    Read full review
    CoStar Group
    LoopNet is well suited for many different industries. Obviously it is great for real estate professionals or real estate buyers when researching properties that are available or may become available. The history of the properties provided is excellent and provides details that would be very helpful to the real estate industry. Facility Service companies are also well suited for the use of LoopNet. With the property information it provides it makes it much easier to get to the decision-makers when selling facility services or products. LoopNet may be less appropriate for product sales as these providers may need to be more connected with the occupants of the properties more than the owners.
    Incentivized
    Read full review
    Pros
    Ten-X
    • Entering auction items and guests is very easy.
    • The assigning of table seating function makes doing table seating easy and easy to change.
    Incentivized
    Read full review
    CoStar Group
    • Immediate alerts can be set up for new listings that meet your criteria
    • You can map an area you are interested in searching
    • The report writing has some decent functionality
    • You can email prospects about your listing
    Incentivized
    Read full review
    Cons
    Ten-X
    • The reports could be made easier to run.
    • The training on the system could be better.
    Incentivized
    Read full review
    CoStar Group
    • LoopNet needs to do a better job of sifting through to delete old and stale listings. These listings are inaccurate and clutter a report to lower its credibility.
    • I am not a fan of the reporting. As a broker, I can make sense of the reports but the public is not always as savvy.
    Incentivized
    Read full review
    Support Rating
    Ten-X
    Support is where Auction.com shines. Their support team is incredible. On the day of the event, you can count on them to be on the other end of the phone when you call and to fix issues that you have. They are all very knowledgeable and understanding. They will walk you through any issues or actually make the changes remotely for you. I have nothing but praise for their support!
    Incentivized
    Read full review
    CoStar Group
    LoopNet/CoStar representatives are ready to help and willing to come out to the office to give presentations or meet with the team at any time. They are a valuable resource when you are trying to utilize the program to its fullest advantage.
    Incentivized
    Read full review
    Alternatives Considered
    Ten-X
    I have not used any alternatives to Auction.com
    Incentivized
    Read full review
    CoStar Group
    LoopNet is the most well known, with the widest audience. This is why I selected it. But, they cannot get the simplest of details correct for the purpose of advertising the listings I have for sale. When they can't get even a unit count correct, why bother? Not to mention that getting those sorts of core details wrong is actually damaging to the marketing efforts.
    Read full review
    Return on Investment
    Ten-X
    • The system has enabled us to see which items bring in the most money so that we can focus on getting those items.
    • It also shows us which items don't sell, so we can quit wasting our time trying to secure them.
    Incentivized
    Read full review
    CoStar Group
    • Time saved in researching owners has helped our sales and ops teams greatly.
    • The ability to research properties from the computer in lieu of in-person is very helpful.
    • One person can research as many properties as a team of people in the field in a much quicker time frame.
    Incentivized
    Read full review
    ScreenShots