I've been making updates on the go, and I feel I am getting pretty close to being satisfied with the overall functions. There is of course still a lot of work to do, but the estimates are approaching the sort of reliability that I've been picturing in my mind.
I added .us whois to the page, and also to the algorithm. Also during the past week I've added about 20 new factors that are considered in the algo. Therefore the values for your domains may have been changed again.
I have made a paradigm change in the algo - for the low-end domains, it's now intended to estimate more the end user price, so expect to see value increases for low-end domains.
This is because I've read reports on low-end domain sales increasingly reaching end users, and after all that's exactly what we want to happen with our domains, and that's the sort of value we are looking for. Reseller prices will be lower.
I just ran the last 12 sales as reported today on NameBio.com, in the order in which they appeared:
inkbargains.com 1000 EstiBot: 1,900
poolpass.com 850 EstiBot: 720
intoworld.com 340 EstiBot: 5,600
worldfitnessnetwork.com 500 EstiBot: 50
wineforyou.com 370 EstiBot: 369
beautyconcept.net 688 EstiBot: 110
videomall.com 500 EstiBot: 250
coloradocreditunion.com 3350 EstiBot: 2,600
cameras.com.cn 4000 EstiBot: 6,500
great-britain.de 3364 EstiBot: 2,600
domainnameregister.org 2000 EstiBot: 951
xaj.com 10441 EstiBot: 6,200
Needless to say, I'm very pleased.
I also ran some sales reported by the DDN network, these are clearly the result of good marketing, finding end users. Many of these names would have been appraised at reg fee to low XX in the forums I suspect, and also by EstiBot before this update:
SecurityEnvelope.com $1,600.00 USD USD 1,200
InvestmentPolicies.com $1,300.00 estibot USD USD 1,200
StraightBankruptcy.com $800.00 USD USD 1,600
HillsConstruction.com $750.00 USD 760
TexasGrowers.com $500.00 USD 484
SpyCamWarehouse.com $450.00 USD 470
DressyOccasion.com $400.00 USD 370
BuffaloHistory.com $550.00 USD 1,500
Corporateseal.org $750.00 USD 3,800
DissectingMicroscope.com $750.00 USD 5,300
InvestmentsBook.com $1,150.00 USD 480
DiversifyInvestments.com $1,100.00 USD 620
NanniesCanada.com $1,100.00 USD 400
MariannaRealEstate.com $700.00 USD 2,900
InflationFighter.com $1,150.00 USD 290
CrystalStores.com $600.00 USD 200
ChicagoValet.com $600.00 USD 170
WillsProbate.com $550.00 USD 461
TruckDiagnostics.com $750.00 USD 440
ToolBaby.com $1,550.00 USD 306
ScoliosisExercises.com $1,650.00 USD 282
Roofpitch.com $2,700.00 estibot EstiBot USD 1,400
InvestmentArticles.com $2,550.00 USD 3,200
AlternativeDieselFuels.com $1,900.00 USD 1,000
Agespots.net $1,700.00 USD 150
PersonalInvestmentPortfolio.com $1,500.00 USD 200
GiftCertificatePrinting.com $1,150.00 USD 170
NorwalkAdvertising.com $1,150.00 USD 120
KitchenSinksOnline.com $1,100.00 USD 20
WholesaleCanvasBags.com $1,000.00 USD 170
GrandPrairieApartments.com $1,000.00 USD 4,700
CheapCanvasBags.com $900.00 Reg Fee
StCharlesMagazine.com $900.00 55
Wooden-Beds.com $850.00 USD 1,829
BathroomSinksOnline.com $800.00 Reg Fee
HoustonValetParking.com $650.00 Reg Fee
InternationalEmailAddresses.com $550.00 USD 20
Chess-Posters.com $550.00 Reg Fee
DallasValetParking.com $550.00 137
Rosaceatreatment.org $550.00 USD 300
Adhd-Treatment.com $550.00 USD 6,300
ArizonaBillboards.com $550.00 Reg Fee
OklahomaMedicalSupply.com $550.00 Reg Fee
VerticalHydroponics.com $500.00 117
BelizeMarina.com $500.00 USD 30
Irvineweather.com $450.00 USD 498
ChildrenCd.com $400.00 USD 50
Finance-Business.com $400.00 USD 18,259
Room for improvement? Yes, certainly. But definitely getting there, approaching a good ballpark reliability in my opinion.
I emphasize that some individual estimates may still be quite a bit off, and as the beta testing proceeds, I get reports of these errors and try to fix them. I will never be able to account for everything, because a domain's value is not a scientific absolute, far from it. Anything can happen.
And also, when you compare EstiBot analysis to "known" sale prices, keep in mind that many "known" sale prices are not true. Case in point: RandomMobi.com. Many reports are inflated. Then again many domains are sold at the Bazaar at much less than their end-user value, and again at SnapNames at much higher than any obvious value.
Please be critical.
If you get an unexpected value, the main thing is to ask yourself:
-Is this a realistic appraisal? If not, look at your domain name and ask yourself why EstiBot may be appraising it wrong. Chances are that you'll figure it out. If you think "my domain can't possibly be worth that" or "my domain is absolutely certainly worth more than that", then you are probably (but not necessarily) right.
Look at the keyword data also, and pay close attention to what EstiBot says in the explanation sections at the top and again at the bottom of the screen:
- is it considered a typo by EstiBot? If so, then EstiBot takes into account the traffic that the "real site" gets. If it's not realistically a type-in typo, then Capitalize it to tell EstiBot that it is not a typo
- Is it considered plural? Same thing here.
Then run it again with Capitalization (e.g. Businesses.com, MyOwnDomains.com) to have EstiBot check for your exact term. Pick the valuation that you think is the most realistic, and work from that.
If it's still looking suspicious, then please report it to me
Thanks!
Josh