• Report: #422275

Complaint Review: Loopnet

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  • Submitted: Mon, February 09, 2009
  • Updated: Mon, February 09, 2009

  • Reported By:lakeside California
Loopnet
185 Berry Street. Suite 4000 San Fransisco, California U.S.A.

Loopnet Charged my credit card $79.95 each month for 4 extra months of listings I did not want San San Fransisco California

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I live in a small house on an 8,000 sq ft. lot with a big shop that can be used for commercial business. When I became partially disabled I lost most of my business and could barely afford my mortgage. A commercial broker friend of mine suggested I lease out the back lot and the shop to a business so I could have extra income.

He recommended an online company called Loopnet.com so I placed an expensive ad for 1 month at $79.95. The ad was placed for March 2009 under thier premium listings. I did get a few responses from agents and business the first 3 weeks but then nothing after that so I figured that the 1 month Loopnet ad was not effective.

I then listed the property with my leasing agent friend and he posted a sign on the fence. As the months went by my agent friend asked me why I was still listing the property on Loopnet? and I told him that I only did for 1 month. When I checked my credit card statments closley I saw charges from Loopnet for $79.95 for April 09 another for May 09, one for June 09 and one more for July 09.

I called thier customer service and they said the charges for thier "membership" renew each month until I cancel, so I did. She also said that when I cancel to request credit for the additional months I was charged. I never received any credit for those months for a total of $319.80.

I sent customersvc@loopnet.com another email demanding a refund and then some big fish at the company told me that the charges where valid under there terms and conditions. I am going to file a small claims action against Loopnet. DO NOT LIST ANY PROPERTY WITH THIS COMPANY!

Bill
lakeside, California
U.S.A.

This report was posted on Ripoff Report on 02/09/2009 10:41 PM and is a permanent record located here: http://www.ripoffreport.com/r/Loopnet/San-Fransisco-California-94107/Loopnet-Charged-my-credit-card-7995-each-month-for-4-extra-months-of-listings-I-did-not-422275. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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