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Cancellation service #1 in Canada
LoopNet is an online commercial real estate marketplace used by brokers, landlords and tenants to list, search and market commercial properties in Canada and internationally. It is operated under the CoStar family of services and is governed for Canadian customers by LoopNet’s Canadian Terms of Use and Terms & Conditions.
According to LoopNet’s Canadian Terms of Use and Terms & Conditions, cancellation/nonrenewal stops future renewals but does not generally entitle you to a mid‑term refund. Access and active listing visibility will depend on the contract terms you agreed to; many customers remain responsible for fees through the paid term even if they cancel nonrenewal before the term end. Expect to retain access until the end of your paid period unless the contract states otherwise.
LoopNet’s Canadian Terms of Use state that fees paid are non‑refundable regardless of termination or cancellation. An exception in the Terms & Conditions applies if LoopNet discontinues a product: in that case, LoopNet will refund any prepaid advertising fees attributable to the discontinued portion. Outside that specific discontinuation scenario, the standard position set out in the Canadian Terms is that payments are not refunded.
| Plan | Price (approx, CAD) | Period | Features |
|---|---|---|---|
| Silver (per listing) | C$89/month (approx) | Monthly | Entry-level upgraded listing visibility |
| Gold (per listing) | C$649 - 799/month (approx) | Monthly | Mid-tier enhanced visibility |
| Platinum (per listing) | C$1,249 - 1,299/month (approx) | Monthly | High-tier premium exposure |
| Diamond (per listing) | C$1,799 - 2,499/month (approx) | Monthly | Top-tier maximum visibility |
| Basic (per listing) | C$70 - 95/month (approx) | Monthly | Minimal or low visibility |
LoopNet does not publish Canada‑specific pricing publicly; the figures above are approximate conversions and user‑reported estimates. Confirm exact CAD pricing with LoopNet’s Canadian sales or marketing team.
Under the LoopNet Canadian Terms, fees are non‑refundable and there is no contractual 14‑day cooling‑off or automatic statutory refund right specified in the platform’s Terms of Use. Cancellation must follow the platform’s required channel (email to [email protected] or postal notice as specified). Because the Terms disallow mid‑term cancellations, users who cancel after a term has begun should expect to remain liable for fees through the end of that term unless LoopNet itself discontinues the product and credits the prepaid portion.
Public reviews are mixed. Some users report good outcomes: LoopNet brought tenant leads, has a usable search interface, printable reports and is recognized by brokers. Other customers report repeated difficulties cancelling and continuing charges after they attempted to cancel - reviews describe automatic renewals, billing that continued for months, and customer service that did not resolve billing problems. These mixed experiences suggest documenting every cancellation attempt and retaining proof of communications.
Common errors include relying solely on a website‑based cancellation or an informal phone call without sending the required written notice to the specified email or by registered mail; failing to include clear account identifiers and the desired nonrenewal date in the notice; assuming a refund will be issued for mid‑term cancellation; and not keeping copies of all correspondence and delivery receipts. For example, some customers reported that they thought a website cancellation was sufficient but were still billed because the cancellation was not processed through the prescribed channels.
| Method | Refund | Difficulty |
|---|---|---|
| Email to [email protected] | Generally no refund (per Terms); exception if product discontinued | Moderate - required method; save confirmation |
| Registered/certified mail to CoStar (1201 Wilson Blvd, Arlington, VA) | Generally no refund (per Terms); exception if product discontinued | Lower risk for proof of delivery; mail is deemed received three days after posting |
| Website / self‑service cancellation | Generally no refund (per Terms); some users report ongoing billing | Higher risk - reviewers report cancellations via website were sometimes not processed |
| Product discontinued by LoopNet | Refund of prepaid advertising fees attributable to discontinued portion per Terms & Conditions | Dependent on LoopNet action - refund is an exception rather than the rule |
After you submit cancellation, monitor your billing statements for at least one full billing cycle to confirm no further charges appear. Retain all correspondence and delivery receipts. If you are charged after following the required cancellation procedure, present your documentation to LoopNet support and request correction. If the issue is not resolved, you may consider disputing the charge with your card issuer or bank and keeping records of all communications. For reference, consult LoopNet’s Canadian Terms of Use and Terms & Conditions:
LoopNet - Terms of Use (Canada)
LoopNet - Canadian Terms & Conditions
CoStar Realty Information, Inc.
1201 Wilson Boulevard
Arlington, VA 22209
United States
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Written by Logan Lewis
Regulatory watch · 5 years experience
Legal analyst tracking eIDAS, GDPR and electronic delivery regulations for 5 years to make sure every Postclic template is compliant and admissible in court.