Hi Ategy,
Jason was asking specifically about NameWorth, which unless you give a detailed comparison, is not fair to dismiss.
I've built the system to evaluate domains the same way I would as a domain investor with over 15 years of experience and I've personally checked over 100,000 results out of the tool. I use it daily on my 7,000+ domain portfolio in buying and selling. During the daily newsletter creation, magically, the domains that it values with top ratings usually have bids into the $100s or $1,000s hours before the auctions close.
If you have good or great domains, that are of value, then it does a better job than any other automated system in existence which can be seen in the example below.
For CBDOil.com, it sold for $500k earlier this year. Below are the comparisons of each service
at the time of the sale.
NameWorth: $250k
GoDaddy: $16,415
Estibot: $790
As of today, without any sales data input, NameWorth shows the value at $600k as the trend continues to grow.
Show attachment 128323
Over the summer, I've personally used NameWorth to revalue 1/3 of the domains I own and this month was one of my largest so far at $29.1k. Had I not repriced the domains, my sales for those same domains this month would have been $11.8k, and that was using my 15+ years of experience. Sometimes not having a human bias is beneficial.
Here are a couple more Estibot examples using the domains I sold recently.
1st domain (.com brandable)
- Sale Price: $15,000
- NameWorth: $9,450
- Estibot: $70
2nd domain (.com brandable or acronym)
- Sale Price: $7,450
- NameWorth: $9,450
- Estibot: $170
Let's see, $240 vs $22.4k? Hmm...I think I'd want to use NameWorth even if I didn't create it.
NameWorth is still new (6 months), but the more information it is given, the more accurate it is becoming each month. Though version 2.0 has been delayed, once that comes out, the level of accuracy in filtering out bad names will be much higher. But for being fairly new, the fact that we are having appraisals that are at times up to 316X more accurate than competitors is a pretty good start.