Pleased to present Public Beta for automatic Appraisals

one of the better if not best automated appraisals.
However, still not as good as the human ones.
It should check for backlinks, if the site is active...etc....

Domain NamePros.com
Keywords name pros
Frequency 44,900
Anchor Text 19,500
Title 787
Searches/mo 267
EstiBot Valuation USD 1,600

Tried a dozen domains and most were quite accurate - I think :imho:
I like it. Best one yet. Adding a link to it on CanadianDots.ca

Thank you everybody for your kind comments, and I absolutely welcome your criticism and suggestions, it's still in Beta and I will make changes according to the important ideas I get from NPr members. I am working constantly to improve it.

seeker said:

one of the better if not best automated appraisals.
However, still not as good as the human ones.
It should check for backlinks, if the site is active...etc....
Domain NamePros.com
EstiBot Valuation USD 1,600

Click to expand...

Quite right, this is a feature that I want to implement. However, at this point the system only valuates the name itself. It is not designed to evaluate websites, traffic, backlinks, PR and so on...but it's on my to do -list. It's a whole other ballgame. I think a separate system is needed for that, because the rules change so much. Afdasepowieugh3213.com could be worth millions if it had huge traffic and PPC income..There was another complaint that Google.com only gets about 2 million dollars, that is also explained by this.

By the way, it's good to try variations of capitalization. "namepros.com" gets USD 3,149, as "namepros" is a stonger keyword than "name pros". Still of course not nearly as high as namepros would actually be, but that's because of the above mentioned reasons.

It's worth checking out the Guide, About and Metrics pages. I've explained the workings of the system and also there are tips on how to interpret the results, and discussion on the limitations of the system.

The instructions say that if your domain is appraised at above >$100,000 or so, it's just an indication that it is a very valuable domain name, but EstiBot does not claim to know exactly how valuable, so it's worth seeking other means to find out the real value. So, within its own rules and context, the appraisal for Google.com is correct.

Also, EstiBot is optimized for the low- to mid-end range of domains, say reg fee to $50,000 because this is what I feel most domainers are interested in. If you've got a name that's worth more than that, you will know it anyway...But EstiBot can usually also tell you if your name is apparently extremely valuable, just in case you don't know it

As for it being not as good as human appraisals, well that is one tough comparison It depends on the human, it's better than me (statistically, I've tested), but of course not better than many NPr members here and other domaining pros and that's not even possible for an automated system. However, it's there 24/7 and you always get an appraisal instantly, which is nice.

EstiBot surely makes errors, but humans make some errors too, and sometimes EstiBot may detect some hidden value, or a recent increase in value that a human, especially a non-professional, might not without extensive research. So if your domain gets a much higher EstiBot appraisal this month compared to last month, it may be worth looking at the market and see if there are some developments you need to know about.

It's meant as a ballpark value tool, and also a quick keyword research tool, and the usefulness comes from critical human interpretation. I emphasize that critical interpretation and further research is always needed with appraisals, and EstiBot is no exception.

Also remember to try variations of keyword capitalization, e.g.
metalink.com (single-words do not need capitalization)
MetaLink.com

Further suggestions very welcome and much appreciated!

Cheers!
Josh

Let me say that I was very skeptic when I saw the title of this thread, as I am skeptical with any automated appraisal.
But, I would like to virtually shake your hands for creating the most accurate automated appraisa system.

It worked really fine for LLLL.com's. It appraised them well depending whether they are CVCV's or unpronounceables. Still any random LLLL.com with the worst letters was appraised at a minimum of $50 (yzwq.com at $103). But it makes difference between good letters and bad letters.

It worked very well for one word and two word .com's. With one exception, the tool appraised all my domains within a margin of 10%. And that is really impressing.

On the other hand I think there are some problems with appraising .net tld. While my NNN.net was appraised at $400 (well below its minimum reseller price), GuideTo.Net was appraised at $130.072. Wish it would be so.

Maybe for NNN's you could fix the situation. 482.net was appraised at $352, and the minimum reseller price for NNN.net is $900 according to 3character.com.

Also how do you get the searches/mo number? I think that through OVT, but you count all the times the word or term is found in OVT, and not the number of times where solely that term appears. An example: Just Living is said to have 1760 searches a month, but according to OVT only more than 200 searches per month are exclusively for just living. There are other queries for just living room and other terms that are not relevant for the domain.

As per site, it is good. Maybe it would be better if it would be possible to make another appraisal right after one is made, without making a click.

Regarding the proposal to be able to hide the appraisal I agree with that.

Well again sincere congrats, would be happy to help you out with other suggestions after I will test it a bit more.

Alex

Thanks alexsimon for your keen observations

alexsimon said:

any random LLLL.com with the worst letters was appraised at a minimum of $50 (yzwq.com at $103). But it makes difference between good letters and bad letters.

Click to expand...

This is interesting because LLLL.coms are not given any special treatment (as in increased points for length) by EstiBot - it seems to valuate them higher than what they go for currently. I don't know, maybe it's a sign of what's going to happen in the near future, but I agree that for the current market, the valuations are higher than reseller price.

However, it's worth noting that EstiBot is programmed to try to give a reasonable valuation somewhere between reseller and end user price potential, so that it could reflect the true potential of a name. So maybe that's what the LLLL.com valuations represent.

alexsimon said:

On the other hand I think there are some problems with appraising .net tld. While my NNN.net was appraised at $400 (well below its minimum reseller price), GuideTo.Net was appraised at $130.072. Wish it would be so.

Click to expand...

Thanks- I'll do my best to fix that. I'm still working on different tld's and their respective values. There are so many... but .net is obviously a priority.

Also how do you get the searches/mo number? I think that through OVT, but you count all the times the word or term is found in OVT, and not the number of times where solely that term appears.

Click to expand...

The number that is in the output is the searches/mo count for the most popular search term that includes the domain name keywords in one way or the other. I am planning to add a breakdown of the searches/mo data on the results page for keyword research purposes...stay tuned

The calculation however is not necessarily based on the value that you see. I tried dozens of ways to figure monthly searches into the calculation, and found that simply looking at the exact search term did not predict domain name value - well it did for many domains, but it left a big chunk of domain names undervalued, especially in the lower end range (the area of interest for most of us) so that would obviously not do. Instead I employed a "fuzzy logic" calculation for this...

Actually, I've explained these metrics, including monthly searches, and how they affect domain name price, in some detail on the site - see the Metrics page - so I won't go into more detail here. You should find some answers there, though.

As for your other suggestions, they are all good and much appreciated and I will do my best to implement them on the site.

Cheers!
Josh

I think it works great! I couldn't think of any other suggestions then the ones mentioned already, but I can see using it as a reference guide to appraisals I do myself.

I see it as a calculator that can do the first steps in an appraisal faster, after which you would take traffic, backlinks, etc into account yourself.

Good luck with it.

Looks good, rep+ for sharing.

<snip>

Wow, that's awesome! Thanks for sharing!

Thats great. Best free appraisal system ever. Thanks alot.

alexsimon said:

My NNN.net was appraised at $400 (well below its minimum reseller price)

Click to expand...

Thanks for this. I've updated the algorithm - I think NNN.tld domains are now valuated properly across the board

Please try it and see what you think.

Keep'em suggestions coming! There is still much work to do with EstiBot, and I'll do my best to keep improving the system according to your wishes

Cheers
Josh

great tool, i will use this from now on! :hehe:


hmm seems the appraisal box went a litle bit right, check it

Nice work, I'm using this daily now.

StockMarket.com - 559,282 (a bit low)
vs
StockBroker.com - 26,316 This needs some tweaking , If someone wants to sell me stockbroker.com for 26k i'll buy it tomorrow.

Money.com - 1,491,437
vs
Business.com - 1,989,859

Sorry but I had to run them out of curiosity, interestingly the second one came out on top.

S*x.com - 2,786,006
vs
P*rn.com - 7,613,775

Domain.com - 6,790,678
vs
Name.com - 6,790,999

I would also say the valuation of one word .in is way off but as I don't own many I can't really call you on that.

For example on the .in
India.in is listed at just - 2,899 dollars. Which would be the buy of someone's life imho.

All in all its a good step up from the other auto appraisals and I thank you for the chance to test it but it still misses various factors out of the equation. I realise some of these are impossible to ever do in an automated appraisal but as your developing what seems to be a professional and well built tool you might want to consider these factors.

Specific Industries! Think a gardening hobby name over a financial banking name. (If you could have a drop down box for this to take it into account that would be a further step up)
Market Price Trends - Critical
Is the domain attached to a developed website - Critical
Adwords Scores - Critical
Searches dropping or rising. - Critical
Uniques per day. - Critical
PPC Its earning. - Critical
Advertisers going for the terms.
Ease to misspell the words.
Can you still obtain the plural, .net, .org and .tld of any relevant country.
Country your selling to, is it a national, international or regional name for instance.
How many names are still available to be registered that can perform the same function?
How much competition does the name have undeveloped, even more importantly in the price range your looking to sell at?
How old is the domain? For SEO purposes.
Does the name make grammatical sense
Is the name brandable?
Is anyone advertising the term on TV or through other mediums?
Was the domain a previously existing website with backlinks or are those links fading over time?
How much development has been done around the terms already?

Hope some of them make it into your project at some stage but either way again thank you for a new, professional tool.

Thanks much for your comments Mark- much appreciated, and you make very good points.

Before I go too verbose here may I point you to the About, Guide, and Metrics sections on estibot.com. Many of your points are discussed there in some detail.

EstiBot really is optimized for the lower end of domains, as the instructions also say in the Guide and About section. It is really meant for the low- to mid end range, because I feel that's most useful to most fellow domainers. It can usually say if your name is worth hundreds of thousands, but it does not attempt to reach any great accuracy up there, because it's just not very feasible.

StockBroker.com is undervalued I agree, but this occurs due to the stringent error handling routines, and (this can also be found in the instructions on the site) EstiBot is programmed to generally err on the conservative side if it is not sure whether a domain is really valuable or is getting an erroneous overvaluation. I am looking at solutions to these undervaluations but they do occur. Also, whoever owns stockbroker.com will not need estibot to tell the value.

In general EstiBot is mainly aimed at regular domainers working in the reg fee - to low $xx,xxx range. It is meant to be a useful tool, rather than just a novelty site. At least that is my ambition. It is of course fun to test it with obviously mega valuable names, and often it is still in the right ballpark.

Specific Industries!
Market Price Trends - Critical
Adwords Scores - Critical
Searches dropping or rising. - Critical
Advertisers going for the terms.
Does the name make grammatical sense
Is the name brandable?

Click to expand...

All of the above are actually part of the EstiBot system, which is quite a complex algorithm really. It all starts with evaluating the name against previous known sale prices for similar domain names, and goes from there to semantic, keyword and market analyses. The output that you see only lists few of the factors that EstiBot uses in the valuation.

Of course, it is in beta and much work is to be done yet.
Some of the features you mentioned are not in the system and I'll do my best to add as many as possible! Thank you for your comments

Cheers!
Josh

Nothing to add other than, "WOW!", "THANKS!", and "Cool Tool!!

Oh yeah, added rep too...

I was suprised as it is better than I expected.

I have done some further testing with it, It is by FAR, The best automated valuation tool i have ever seen, adding your link to AllDeleted.com ...Josh_1

Best I've seen, no doubt. I plugged in Casino.rw (which I just won from OUD) and it returned $1377. I put in Mitigate.net (which is up for auction at Sedo right now) and it returned $472. Both in the ballpark IMHO.

I've tried with a couple of names, and funnily one LLLL.com showed nearly the exact price that i payed for it..

Plugged in some names I've sold with Sedo to compare:
Scrolls.com ($9k) came back with USD $127,409
HorrorForum.com ($650) came back with USD $3,180
SearchKeywords.com ($1250) came back with USD $46,000
Magnify.net ($1500) came back with USD $491