The Technical Genius Who’s Removing Subjectivity from Domain Name Valuations

I tried a few domains out on it, and it seemed to give decent appraisals. The stats were nice, but I had to wonder where it pulled some of these "similar domains" from.

Seems like a decent enough service.

You can't remove subjectivity from domain value. It is impossible.

Every domain is one of a kind and the value is based on many factors including -

1.) Quality of the domain.
2.) How motivated the seller is.
3.) How motivated the buyer is.
4.) The potential use.

What is worth $0 to one person could be worth $20,000 to another person.

Brad

Won't work on my computer; type in a name and just get an 'error on page' message, nada happens. I use IE on Windows

Looks interesting though, wish it worked for me

Exactly Brad, and for whatever reason people still want to try to use these types of services that only make the owner of a domain feel happy or bad depending on the appraisal. It means nothing. Its great when someone says I will give you $6,000 for an LLL.com because another LLL.com with the same starting letter sold for $6,000. It does not matter, as the owner of the LLL.com someone wants to buy the only thing that matters is my price expectation and my motivation to sell.

It is play toys like this one that hurt domain sales, These appraisal proggies have become so influential, Pretty sad for the industry IMO.

What I wonder is why these sites keep getting made?

On one hand domainers routinely dismiss appraisal sites, and yet its the industry folks that keep developing these sites.

Who is their target market?

The targets are domainer newbies and shifty domainers.

Newbies genuinely look at estimates and believe it. Shifty folks know it's wrong but try to use it as proof of worth.

IE: "Flurbledurb.com - $5,000,000 estimated value, but on sale for $500!!!"

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I actually like this tool, but I also agree that "value" is subjective and very individual to each domain.

I like the metrics, though; this tool offers a more detailed analysis than the other free tools out there.

I agree that similar sales info cannot really hone in on the value of the appraised domains, but I do like being able to see what other domains in the same basic group have sold for. It kind of offers a "feel" for for things.

Overall, I think the developers have done a nice job with this automated tool.

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RazorNF said:

What I wonder is why these sites keep getting made?

On one hand domainers routinely dismiss appraisal sites, and yet its the industry folks that keep developing these sites.

Who is their target market?

Click to expand...

Maybe domain buying end users?

Or people who will pay to use the service, such as domainers LOL.

You could say things like this and Sedo's domain index exist to persuade newbie end-users of floor prices for domains so they accept that serious domains cost serious money.


This tool has some nice features - pulling in US trademarks and related sales - seems ok on one-worders, not sure about domains with two keywords in.

Domain values will stay subjective until such time as programs actually have the power to make trades, as they can do with a lot of financial products.

Of course no automated tool can accurately give an appraisal for an intangible, but it does provide a quick view of some useful data. Nicely done for what it is.

RazorNF said:

On one hand domainers routinely dismiss appraisal sites, and yet its the industry folks that keep developing these sites.



Who is their target market?

Click to expand...

you are! ( maybe not you specifically)



as Brad stated "subjectivity" will "always" be a part of a domains evaluation.

I haven't watched the interview yet, but the tool looks pretty good. Of course the appraisal price has to be taken as a bit of a novelty, but this tool has a lot of valuable information in one place laid out in an easy to read format. Potential TM's to look out for, search trends, inbound links, similar past sales, similar registered domains etc..

It did ok with numerics but tended to undervalue NNNN.com's. One problem is it's using comparable sales from several years ago before NNNN.com's rose in value, and also it's comparing other numeric domains which have much more varied prices. But otherwise it seemed like a decent analysis.

I recently sold a domain for $6500 that I had to recover from redemption, because I decided it wasn't even worth $7.80 to renew. That's six thousand, five hundred dollars that was literally two weeks away from pending delete because my opinion of a domain differed greatly from the person who eventually bought it.

The domain game is 100% subjective.
You can get a general, rough 'keyword gravity score' on the basis of keyword metrics, but to try and resolve it into a price is ridiculous. Newbies really need to understand this. Estibot and Valuate have been fuel for newbie domain crap.

The guy in the interview sidestepped many of the questions.