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Marvel3

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Hello to everyone!

I am new to this industry. I welcome any advice and guidance. I am learning how this all works. Several days ago I listed my personal domain as BIN. I recently bought a domain and it is valued at 1300 and listed it as BIN as well both on GoDaddy.
 
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Hello and welcome to nps! If you are just getting started, go slowly. There is lots of info here that if studied will help you...take notes as you search and read.
 
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Hello and welcome to nps! If you are just getting started, go slowly. There is lots of info here that if studied will help you...take notes as you search and read.
Thank you! Will do
 
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Hello!

NamePros is loaded with threads and posts on all aspects of domain names. Search out those topics most aligned with your personal domain goals and expectations and read through them - perhaps they might provide guidelines or insights into your domain goals.

Welcome to NamePros!
 
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Hello @Marvel3 .. and welcome to NamePros!

The most important thing you need to remember in domaining is that automated appraisals are rather useless. They aren't accurate to begin with .. and then beyond that they don't factor in the probability of sale at all. So if GoDaddy tells you a domain is valued at $1300 it very likely is a bad investment as an investor. Although admittedly it's impossible to say without knowing the exact domain. As others have said .. be careful and go slow.

Best of luck to you going forward! :)
 
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Welcome to NP, @Marvel3

I think the correct assessment of a name is the main skill of a domain investor.
 
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Hello and welcome to NamePros!:)
 
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Hello @Marvel3 .. and welcome to NamePros!

The most important thing you need to remember in domaining is that automated appraisals are rather useless. They aren't accurate to begin with .. and then beyond that they don't factor in the probability of sale at all. So if GoDaddy tells you a domain is valued at $1300 it very likely is a bad investment as an investor. Although admittedly it's impossible to say without knowing the exact domain. As others have said .. be careful and go slow.

Best of luck to you going forward! :)

Good to know! I did not know that. Thanks!
 
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Welcome don't rely on both valuations especially from GoDaddy!
 
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Hi,

Welcome to NP. Hope you enjoy your stay here! (y)

Cheers
 
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