Softwr

Real Estate · head to head

LoopNet vs MRI Software

LoopNet logo

LoopNet

Real Estate

Commercial property listing marketplace owned by CoStar, where searching is free and the paid product is advertising exposure for brokers

From
Free
Rated
-
Full reviewWebsite
MRI Software logo

MRI Software

Real Estate

Open real estate platform assembled from acquisitions, strong in different products in different countries

From
On request
Rated
-
Full reviewWebsite

The short version

  • Only LoopNet has a free tier, so it costs nothing to try first.
  • Each has a real cost: LoopNet loopNet is owned by CoStar, the dominant CRE data provider, so paying for LoopNet placement indirectly reinforces a single company dominant position across both listings and data in commercial real estate.; MRI Software the portfolio grew by acquisition, so products overlap, interfaces are inconsistent between lines, and moving from one MRI product to another is a migration rather than a configuration change.
  • They diverge on capability: LoopNet covers Free listing search, MRI Software covers Commercial lease accounting.
  • Prices and features above were last checked on 1 September 2026.

Where they differ

Only the attributes on which LoopNet and MRI Software actually diverge.

Attributes where LoopNet and MRI Software differ
AttributeLoopNetMRI Software
Starting priceFreeOn request
Pricing modelFree to search; paid tiers for listing advertisersquote
Free tierYesNo
PlatformsWeb, iOS, AndroidWeb, iOS, Android, Windows

Identical on both: user rating (Not yet rated), category (Real Estate).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in LoopNet

  • Free listing search
  • Tiered ad packages
  • CoStar network exposure
  • Syndication
  • Lead and view analytics
  • Saved search alerts

Only in MRI Software

  • Commercial lease accounting
  • Residential property management
  • Investment management
  • Facilities management
  • Open partner ecosystem
  • Regional product lines

What people use each for

The jobs each tool is most often brought in to do.

LoopNet

  • A broker wanting one listing to reach both general public searchers and CoStar professional subscriber base without a second paymentnot MRI Software
  • A property owner marketing a for-sale or for-lease asset who wants syndication across 150+ partner sites from a single listingnot MRI Software
  • A tenant or investor searching for available commercial space for free without needing a paid accountnot MRI Software
  • A brokerage comparing LoopNet advertising spend against its overall CoStar data subscription, since both are owned by the same companynot MRI Software

MRI Software

  • A commercial landlord that needs CAM reconciliation and investor reporting under one ledger across multiple ownership structuresnot LoopNet
  • A United Kingdom or Australian agency or social housing provider where the acquired regional product is the market standardnot LoopNet
  • A corporate occupier with lease accounting obligations that need auditable treatment across hundreds of leasesnot LoopNet
  • An enterprise that wants to keep an existing accounting or CRM system and connect it rather than replace itnot LoopNet

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

LoopNet

  • LoopNet is owned by CoStar, the dominant CRE data provider, so paying for LoopNet placement indirectly reinforces a single company dominant position across both listings and data in commercial real estate.
  • Paid tiers scale from Silver at roughly $131 a month upward, and Gold and Platinum pricing is not published, making budget comparison against competitors like CREXi harder to do cleanly.
  • Because listing quality and exposure correlate with ad spend tier, owners and brokers who cannot justify higher tiers get less visibility even for genuinely strong properties.
  • As a marketplace dependent on the CoStar data ecosystem, any pricing, policy or antitrust exposure affecting CoStar Group (including the June 2026 price-fixing lawsuit naming major brokerages) has knock-on relevance for LoopNet advertisers.
  • Free searchers and casual browsers create high traffic volume that is not itself the paying customer, so lead quality for advertisers varies and includes non-serious enquiries.

MRI Software

  • The portfolio grew by acquisition, so products overlap, interfaces are inconsistent between lines, and moving from one MRI product to another is a migration rather than a configuration change.
  • Which product is strong depends on the country: the Australian and New Zealand agency products came from Rockend and Palace, the United Kingdom commercial strength came from Qube, and a reference from one region tells you very little about another.
  • Pricing is quoted, modular and multi-year, so the number that gets a deal approved usually omits connectors, additional modules and the implementation, and the real total arrives later.
  • Implementations take months and need external consultants, which means the cost of ownership includes a services relationship you cannot avoid.
  • Support experience varies by acquired product line, so the service level a reference customer describes may come from a different team than the one that will handle your product.

Pricing, plan by plan

LoopNet

Free
  • Search (public)Free
    • Free browsing of listings, no account required for basic search
  • Silver listing plan$undefined/month
    • Entry paid advertising tier for brokers and owners
  • Gold / Platinum$undefined/month
    • Higher-visibility placement and expanded marketing tools, quote for exact pricing

MRI Software

On request
  • MRI Software$undefined/year
    • Quoted per module and per unit or per user
    • Multi-year subscription terms
    • Implementation and data migration charged separately

Which should you pick?

Choose LoopNet if

  • You need free listing search.
  • You want to start without paying.
  • You work on Web, iOS, Android.
  • You also want tiered ad packages.
LoopNet review

Choose MRI Software if

  • You need commercial lease accounting.
  • You work on Web, iOS, Android, Windows.
  • You also want residential property management.
MRI Software review

Questions people ask

Is LoopNet or MRI Software better?
Neither clearly leads. LoopNet starts at Free and MRI Software at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, LoopNet or MRI Software?
LoopNet has a free tier; the other does not. Paid plans start at Free for LoopNet and On request for MRI Software.
Does LoopNet or MRI Software run on more platforms?
LoopNet runs on Web, iOS, Android. MRI Software runs on Web, iOS, Android, Windows.
Can I use LoopNet for free?
Yes. LoopNet has a free tier, so you can try it without paying. MRI Software starts at On request.
What is LoopNet best used for?
LoopNet is most often used for a broker wanting one listing to reach both general public searchers and costar professional subscriber base without a second payment, a property owner marketing a for-sale or for-lease asset who wants syndication across 150+ partner sites from a single listing, a tenant or investor searching for available commercial space for free without needing a paid account, a brokerage comparing loopnet advertising spend against its overall costar data subscription, since both are owned by the same company. Of those, a broker wanting one listing to reach both general public searchers and costar professional subscriber base without a second payment and a property owner marketing a for-sale or for-lease asset who wants syndication across 150+ partner sites from a single listing are not what MRI Software is typically brought in for.
What can LoopNet do that MRI Software cannot?
LoopNet covers Free listing search, Tiered ad packages, CoStar network exposure, Syndication. MRI Software covers Commercial lease accounting, Residential property management, Investment management, Facilities management.

Answered from the vendors’ own pages

LoopNet: Is LoopNet free to use?

Searching and browsing listings is free. Payment is required only if you are the one advertising a property for sale or lease.

MRI Software: How is MRI different from Yardi?

Yardi sells one integrated stack and prefers you stay inside it. MRI sells an open platform of modules and connectors, so you keep more third-party systems but you also carry the integration work.

LoopNet: Who owns LoopNet?

CoStar Group, which acquired it in 2012 for roughly $860 million; it remains part of the same company that owns the CoStar data subscription product.

MRI Software: Is the product the same in every country?

No. Much of the international line came from acquisitions, so the Australian, New Zealand and United Kingdom products differ from the United States ones in interface, capability and support.

LoopNet: How much does listing advertising cost?

The Silver plan starts around $131 a month; Gold and Platinum tiers are priced higher with more placement and marketing tools, quoted directly.

MRI Software: Does MRI publish pricing?

No. Everything is quoted per module with multi-year terms, and implementation is charged separately.

MRI Software: How long does implementation take?

Months rather than weeks for anything at enterprise scale, and it normally requires either MRI professional services or a certified partner.

Share

Related pages

More on LoopNet

More on MRI Software

Keep looking

Other head to heads