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question Accuracy of EstiBot?

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coco77

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Hey guys,

As a newbie, should EstiBot's evaluation be taken into consideration?
I feel like I had some nice domain names that they claim is worth $0

Hence, my question? Thank you in advance!
 
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The views expressed on this page by users and staff are their own, not those of NamePros.
please, is there any tool that can do pre-purchase appraisal?
 
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Estibot is good to know search volume and cpc. But sometimes search volume value at estibot is not accurate and therefore the valuation is incorrect. It probably counts only US based searches instead of global and if the domain has more than 1 word it either shows the domain as if it's meaningless or separate the words incorrectly and again the search volume and cpc become wrong. For instance "rent an apartment" "rent a na partment" and "rentanapartment" would have different search volumes and CPC rates if you don't take the correct word combination.
 
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Both estibot and human appraisals can be worthless. When you're looking at a domains in any specific niche, do your homework on the niche. What are profit margins like? What's the market worth? etc.

Once you understand this it becomes easier to price your EMDs and niche defining names.You work your way down on as you get in to lower quality. Then you also have to look at your competition and see what alternative options an end user may consider.

There's been a few divisive threads on values of specific names here on Namepros. One in particular sticks out that I'm not going to mention. The name sold, the majority of folks who commented thought it was a crap. Most of the experienced domain investors were in agreement on this. They had a limited understanding of the market.

This is why there will always be gems that slip through the cracks.
 
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Ultimately a domain is only worth what someone is willing to pay for it and that can change drastically based on numerous factors. There is no magical algorithm.
 
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Estibot can work well for some types of domains. Especially those that are keyword rich with similar recent sales history (publicly available sales). Its very bad for valuating brandable domain names. Use it as a reference and compare it to other valuation tools. Ask in forums also to see what others think.

A tip for you: Use Namebio.com advanced search feature which lists the publicly available domain sales. You can find similar sales by searching extension and keyword. This will give you a better idea of a realistic valuation based on past sales. The extension you own is a very important factor so take that into consideration (eg. .net is usually worth only 10% of value of the same .com)

Advanced tip for moving/selling domains: if you do find similar sales find out who actually purchased the similar domain with DomainIQ.com .... get their contact details and ask them if they are interested in the domain by referencing their recent sale...give them a great deal! Also ask them if anyone they know would be interested in the domain. It needs to be a good domain though...don't reach out with crappy domains. That's one way to move domains very quickly. ;)
 
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I really like and appreciate the statistics you will get from a search / submission!

However, the valuation itself is often not that accurate.
 
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For me past sales prices are the least reliable indicator for prediction. Each domain, each seller-buyer combination, daily market conditions and daily economic variables are unique.

Such estimations are based on similarity between a domain and the domains that were sold in the past. Past sales prices are not a pattern that will repeat again and again. Pricing is not that easy. Even reselling the same domain with zero loss/profit is almost impossible.
 
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yeah. seeing a name like "whitehousecrisis(com)" sell for $1million 10+ years ago doesnt mean you should go hand reg whitehouseemergency(com) or whitehousehavoc(com) and expect offers of 6 figures and above becuase of an extremely rare and ridiculous price tag on another closing. Estibot isnt worth even typing into a search bar just avoid it
 
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For me past sales prices are the least reliable indicator for prediction. Each domain, each seller-buyer combination, daily market conditions and daily economic variables are unique.
It's true. But you can nonetheless grasp certain trends, understand which types of domains are in demand.
 
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Estibot value is worthless. I just bought a name, the name has abt 3000 monthly searches, good competition ,CPC of >$30. The .net, .info and .org is been directed to a big site and it has a fair number of end users. Though it is long (3 words) but it is keyword rich name, it is a name businesses in that niche will love to have...but I decided to check estibot value and it returned $0.
 
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It's true. But you can nonetheless grasp certain trends, understand which types of domains are in demand.

Some sales are private, not disclosed to public. We don't know private sales weight (percentage) in the total domain sales. Past sales records are not reliable to understand the trend as well. You can have idea by looking at past sales, it can be helpful compared to zero info is taken consideration. But its reliability is questionable, at least for me. Therefore it's better not to look at past sales to avoid false price estimations. If an info/knowledge is publicly available it's usually not economically profitable for the new comers.
 
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I know it is an old post, but curious why Estibot is appraising booksonlineaustralia.com at
$ 2,200 ?!
 
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I know it is an old post, but curious why Estibot is appraising booksonlineaustralia.com at
$ 2,200 ?!

Usually based on the keyword search volume and CPC etc.
Do not think this domain is worth that much IMO

Good luck! =)
 
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I am a newbie in this domain industry.
I just posted one domain for auction.

Any comment for VASTvolume.com?
 
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I am a newbie in this domain industry.
I just posted one domain for auction.

Any comment for VASTvolume.com?
You should post in the appraisals section of this forum to get the best response. Wrong section.
 
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My feeling on GoValue and Estibot is that there is nothing wrong with looking at them, but they should be one of only at least a dozen things you look at, the most important of which would be the value of the domain name to a reasonable number of potential purchasers. Advertiser stats like search and CPC can be important, or mean nothing at all. Estibot seems to weight them heavily, while GoValue seems to mainly emphasize prices from sales it considers similar (in my opinion it does not do a bad job at that). Estibot works best for single word generic names. GoValue does a better job at two word names, but probably overvalues them. Past sales of similar names on NameBio should always be considered, but don't rely only on that. Almost always GoValue will suggest sales not in NameBio (I presume from Afternic sales). My post here looks at 18 things to consider - the list could easily be longer.

Bob
 
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