Loopnet.com Attacked By Start Up
Conflict Erupts In the Commercial Real Estate Market as A Start Up Moves to Go Head to Head with a Publicly Traded Company.
Online, December 21, 2013 (Newswire.com) - Loopnet.com (LOOP) a publicly traded Commercial Real Estate Services Company, listed on the Nasdaq, is coming under attack by an incoming website NJUFInvestments.com.
The start up is challenging that Loopnet.com fees to Institutional clients are an "unnecessary and outrageous expenditure" for Institutions to pay.
Loopnet.com is reportedly the #1 Trafficked Commercial Real Estate Listing Website in the United States, that generates revenue by creating an exchange platform for Buyers and Sellers of Commercial Real Estate and charging Premium Users a Fee to utilize the service.
In a public statement NJUFInvestments.com Founder Shannon Lowery labeled the notion that Loopnet.com lacked capability to give institutions The ability to trade Globally as "undeliteful" and that NJUFInvestments.com is" better suited" to serve Global Institutional Clients than it's competitor.
For it's initial advertising campaign NJUFInvestments.com reportedly is planning Advertisements asserting "Big Banks Belong Here!" In its campaigns targeting JP Morgan Chase and other Global Financial Institutions.
Lowery goes on to assert that "as it relates to Institutional users, NJUFInvestments.com is a simpler and certainly a more cost effective means to trade Top Grade Commercial Real Estate in Major Global Markets , Institution to Institution, period."
Business analyst and spectators are carefully watching what unfolds as undoubtedly the two competing websites will be maneuvering to solidify their positions.
Company Bio- NJUFInvestments.com is a online trading platform to be used by institutional users to trade commercial real estate in the worlds major commercial Real Estate Market for assets worth $50 Million USD or greater.
More information is available on the company website.
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