question Another NOOB Question

You need to give us an example illustrating your question.

I think I found the answer to my question.

Perhaps you could post your answer here so we could all understand your question.

Well, it's still speculation, but here goes. If I run a potential domain name in the valuator on go daddy, sometimes I see an Est. Val given and an indication that it is available. however looking at the price, the price can be as much as 10 x as much as the Est. Value. I suppose the availability indication does not mean that someone doesn't own it; but rather that it is owned and available for purchase from the owner who has set the price as such. Thus either ignoring what the estimator says or is using another tool that shows a higher value than what Godaddy says.

thanks for making me go through the explanation. In hindsight I guess it is better to really understand rather than make costly mistakes.

Yes, that means the owner listed it for sale at that price.

But your assumption that GD appraisal tool is accurate is incorrect. It almost never is. It's just a stupid bot.

If it was accurate, then every worthless handreg would be worth $1000+.

These appraisal tools mean nothing, nada, diddly squat.

well I never believed that it was a spot on appraisal. I learned that within a day while testing the same names on different tools and getting highly different results. but I suppose my mistake was thinking that these guess-timations could be a jump-off point.

I guess the best thing to ask is, what elements should be considered when appraising a name. I mean to some degree I get it. especially if the name is unique or easy to remember (catchy). contains marketable elements such as your typical action words related to sales and selling. however what trips me up, I guess, is the alternate extensions. I get that ".com" is the most valuable. and behind it are .net, .org, .info...etc. but these newer ones, like .live, .today, .now. hard to really nail them down. I'm sure and experience plays a hand in it, however I like to get down to formula. There's always a formula. I don't suppose using the registrar's pricing methods could be used as a jump-off point as I'm sure what it really boils down to, what a potential buy is willing to pay. What is that buyer willing to pay for a non-.com domain name. How much does he/she want or value it?

I guess I should visit the threads that directly address these extensions to gain some insight.

Dave said:

These appraisal tools mean nothing, nada, diddly squat.

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I think @Dave said it best.

Donte Burks said:

well I never believed that it was a spot on appraisal. I learned that within a day while testing the same names on different tools and getting highly different results. but I suppose my mistake was thinking that these guess-timations could be a jump-off point.

I guess the best thing to ask is, what elements should be considered when appraising a name. I mean to some degree I get it. especially if the name is unique or easy to remember (catchy). contains marketable elements such as your typical action words related to sales and selling. however what trips me up, I guess, is the alternate extensions. I get that ".com" is the most valuable. and behind it are .net, .org, .info...etc. but these newer ones, like .live, .today, .now. hard to really nail them down. I'm sure and experience plays a hand in it, however I like to get down to formula. There's always a formula. I don't suppose using the registrar's pricing methods could be used as a jump-off point as I'm sure what it really boils down to, what a potential buy is willing to pay. What is that buyer willing to pay for a non-.com domain name. How much does he/she want or value it?

I guess I should visit the threads that directly address these extensions to gain some insight.

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The only one that may have some credibility to a degree is the GD valuation tool. To be fair to it.. whilst it grossly overprices some names and underprices others.. usually the better names do value higher.

So whilst I would never use the price GoDaddy gives you as a guide.. if you put a domain in there and it values it at $10,000.. you likely have a decent domain on your hands. Same can't be true at the end of the scale.. but yeah only use it go gauge if a domain is worth SOMETHING, not what value it gives you.

Dave said:

The only one that may have some credibility to a degree is the GD valuation tool. To be fair to it.. whilst it grossly overprices some names and underprices others.. usually the better names do value higher.

So whilst I would never use the price GoDaddy gives you as a guide.. if you put a domain in there and it values it at $10,000.. you likely have a decent domain on your hands. Same can't be true at the end of the scale.. but yeah only use it go gauge if a domain is worth SOMETHING, not what value it gives you.

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Got ya

m

stub said:

I think @Dave said it best.

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maybe there's kiddy pool I can play in around here somewhere?

Donte Burks said:

m

maybe there's kiddy pool I can play in around here somewhere?

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I think you are in it here