LoopNet passes 2M members milestone.LoopNet, Inc., which operates the largest commercial real estate marketplace online, has surpassed the two-million registered members milestone. As of March 31, 2007, LoopNet reported 2,003,498 registered members and became the first and only commercial real estate service to surpass two million members. LoopNet (www.LoopNet.com) membership has increased dramatically in recent years. LoopNet surpassed the one million member milestone in October 2005 (after nearly 10 years in operation) and now, less than 18 months later, reports over two million members, representing annualized annualized Of or relating to a variable that has been mathematically converted to a yearly rate. Inflation and interest rates are generally annualized since it is on this basis that these two variables are ordinarily stated and compared. membership growth of more than 56%. LoopNet is also the most heavily trafficked commercial real estate web site with nearly 900,000 unique visitors A count of how many different people access a Web site. For example, if a user leaves and comes back to the site five times during the measurement period, that person is counted as one unique visitor, but would count as five "user sessions. during March 2007, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. comScore Media Metrix, and more than 38 million monthly property views during the first quarter of 2007. "We are very proud of our continued membership growth and reaching two million members. We believe this is a testament to the overall strength and value of the LoopNet marketplace as a vehicle for marketing and searching for commercial real estate," said Thomas Byrne
Thomas Byrne, (December 1866 - 15 March 1944) was born in the cross, Donaghmore. , LoopNet's chief marketing officer. "We are thrilled thrill v. thrilled, thrill·ing, thrills v.tr. 1. To cause to feel a sudden intense sensation; excite greatly. 2. To give great pleasure to; delight. See Synonyms at enrapture. that our two-millionth member, Robin Keeling keeling the marking of ewes by the ram when they are mated by the marking on the ewe of paint or chalk from the sternum of the ram. Brashier, learned about the benefits of LoopNet from a business colleague, who is also a LoopNet member. Word of mouth has always been a valuable and sizeable source for new member registration for LoopNet and we view a word of mouth referral as the strongest endorsement of the value that we deliver to our clients and partners." LoopNet's listing service covers all geographic markets throughout the U.S. and Canada and features more than $408 billion of properties for sale and 3.2 billion square feet of space for lease (as of March 31, 2007). Members of LoopNet use the company's suite of information services See Information Systems. to search for property sale and lease opportunities, expose their available properties widely, research property values and transaction history, identify buyers and tenants, and analyze property data trends. Both (free) memberships are available. As LoopNet's two-millionth member, Brashier will be featured on LoopNet.com and will receive a LoopNet "Keeping You in the Loop" package. |
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