domains GoDaddy valuations changed – they took $3k off one of my names

Joe Nichols said:

You would think... but us common sense consultants usually focus on objectivity over subjectivity. Otherwise you risk falling victim to confirmation bias, which might be the case here.

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No confirmation bias here, common sense is a judgment that is subjective, meaning it is personal and it is gained from experience

ThatNameGuy said:

No confirmation bias here, common sense is a judgment that is subjective, meaning it is personal and it is gained from experience

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I partly agree. It's subjective within reason. But that subjectivity is always based on the observation of objective facts.

So really, I was wondering what objective facts exist that suggest PopsRibs is subjectively a good name?

My Go Daddy appraisal jumped twice in value for 2 weeks. I have two domains I was thinking of selling, one is greatestshowonearth.org and the other is entertainersforum.com . The latter of the two is the one worth more value, Godaddy's estimate jumped from 500 to 1000. How do I go about selling a domain ( I just joined up yesterday ) . I have always heard stories but are there really buyers willing to pay as much for a domain ?

Joe Nichols said:

I partly agree. It's subjective within reason. But that subjectivity is always based on the observation of objective facts.

So really, I was wondering what objective facts exist that suggest PopsRibs.com is subjectively a good name?

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Oh you partly agree....which part? The part where I have common sense experience? The part where everyone in the world has a pop? The part where ribs are enjoyed by tens of millions of people worldwide? Or the part where domainers and peers alike think PopsRibs.com is a catchy name for a rib joint?

Just for the record, i personally know the owner AdamsRibs.com, and while i didn't personally know Adam or Eve I subjectively know it's a great name

DomainTrial said:

My Go Daddy appraisal jumped twice in value for 2 weeks. I have two domains I was thinking of selling, one is greatestshowonearth.org and the other is entertainersforum.com . The latter of the two is the one worth more value, Godaddy's estimate jumped from 500 to 1000. How do I go about selling a domain ( I just joined up yesterday ) . I have always heard stories but are there really buyers willing to pay as much for a domain ?

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Potentially there are buyers for your domains, but you have to find them. Chances that they'll find you are slim and none.

ThatNameGuy said:

Oh you partly agree....which part? The part where I have common sense experience?

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I agree that common sense is partly subjective.

ThatNameGuy said:

The part where everyone in the world has a pop? The part where ribs are enjoyed by tens of millions of people worldwide?

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Is that all it takes to make a good name? If that's the case, aren't PopsSushi and PopsBananas also good names?

ThatNameGuy said:

Or the part where domainers and peers alike think PopsRibs.com is a catchy name for a rib joint?

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I'm not sure why you would value a domainer's opinion on how to name a rib joint... So I suspect you mean that you've found some domainers who think that the name has value and a decent chance of selling.

I'm skeptical that many would agree, though. Maybe you could start a poll so that we could hear from a wider range of them.[/QUOTE]

Joe Nichols said:

I agree that common sense is partly subjective.

Is that all it takes to make a good name? If that's the case, aren't PopsSushi and PopsBananas also good names?

I'm not sure why you would value a domainer's opinion on how to name a rib joint... So I suspect you mean that you've found some domainers who think that the name has value and a decent chance of selling.

I'm skeptical that many would agree, though. Maybe you could start a poll so that we could hear from a wider range of them.

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[/QUOTE]
Too funny Joe....i've been successfully naming and operating business's since before you were born. I'm sure according to you that doesn't count, but common sense says differently.

I wouldn't waste my time with the sort of poll you suggest because I already have my answer. Due to my past experience, subjective scoring is my thing, but if you think you know more than me that's your prerogative. Some domains are more ideal for development than hoarding, and PopsRibs.com falls into that category just like another domain i intend to buy before you get a chance to read this, RollingThrills.com. Ever hear of a roller coaster Joe? How about thrills

ThatNameGuy said:

Some domains are more ideal for development than hoarding, and PopsRibs.com falls into that category.

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Yes, I definitely agree that PopsRibs would be a good name for development. It would be a fun name for a restaurant or a brand of ribs.

I don't believe that it's a valuable investment name, though. Objectively speaking, the name lends itself better to a local scope (which means online presence is less crucial); also there don't seem to be any businesses currently online that are branding with the name.

ThatNameGuy said:

...i've been successfully naming and operating business's since before you were born. I'm sure according to you that doesn't count, but common sense says differently.

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Of course your business experience counts! I respect it very much, and I'm sure it's very beneficial when venturing into a new endeavour.

But as you know, every new industry has its own learning curve and its own set of skills and knowledge that need to be practiced and honed. Domain investing is no different. Even SEO and marketing professionals typically don't hit the ground running when they begin.

come on

one random number replaced by another random number is worrying you?

equity78 said:

I was looking at GoDaddy valuations and I had a name in there of mine. I then was doing some stuff for a few hours and came back and hit refresh for whatever reason. The value of the name dropped by like $900, I was like that's weird not that automated appraisals mean much. In a poll I did on Namepros, 0 was the majority of votes given when asked their importance on a scale of 0 to 10. So … [Read more...]

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Not good, but these valuations are just a number for reference, even the buyers know that.
Thanks for sharing.

Hi

I'll bet a few LLLL.com...
that the bots are sitting back, laughing, drinking beer, smoking bud, and whatnot.
all while discussing how they got domainers heads in a tailspin.
they prolly got big screen tv's watching ip addresses check, check, checkin their domains.
they get to see which domains get queried and can pick and choose what dollar amount to slap on it.

there is no rhyme or reason to the rationale.. they bots, wat you expect!

it all started years ago, when bot was born
I knew this child of an idea, was going to be a menace to domain society

in every instance of it's growth, I tried to explain how it's control would spread and over the years.
as new domainers enter the game, they are immediately inoculated to the bot.
since they have no way to determine value, this child of an idea, is now here to assist.

in the beginning, it was free... kinda like how drug dealers test out new batches
get'em hooked on the product, then come the subscription fee

but it's not just the product, it's what the product has replaced for so many
it has become your first option and for so many, of those many, it's their only option.

it don't take too much brain thought, in today's game, when bot can decide for you, right?
it's on dns pages, it's on NJ, gd got their own, then you got all the bots on the side stepping over each other trying to get some rep.

now, it's 2020 and more discussion about the bot, and the value fluctuations that this child on an idea is having,
such "irrationality" ( a human trait) has caused domainers to check, check, check, check and recheck their domains.
uhh, I checked yesterday and it wasn't same as last week, id'uh.com, umm.org, what should i do?

so, somebody told the parents, of this child on an idea, that their bot is showing it's discrepancies in public...
"they" decide to "correct" it, and now everything goes back to normal.
and domainers are happy again.
question: what cha gonna do, when this child of an idea, acts up again?

is the phrase...
a domain name speaks for itself
being replaced by
bot value speaks for domain

do threads about bot
make you go check, check, check and recheck some more?
and will you go check now...
if you never check, check, checked the bot before?

check and mate!

puff, puff... ahhhhh

imo….

What I found while randomly testing some of my domains is that many of the "comps" that GoDaddy presents in their valuation are not recent. AN example is a 5-letter dot com of mine that GoDaddy values at $3562 gives me 10 comps, some of which are 10 years old. I dunno.

Evaluations provided by GoDaddy or third party providers for that matter are irrelevant and carry zero weight.

There are allot of people up and complaining about GD appraisals - but in the sentence before said they dont give them any "real world" value. All, it cant be both - if you dont care, ignore it, if you care (meaning base your value on what "they" say...then just say it. Clearly there is a big group that are of the same mindset.

Here is an opinion on the GD appraisals. They do matter - because the small/personal - type business will probably start their search on GD (they are BIG). This type of buyer (my favorite to to work with, by the way) are hard working DIYer who know enough to get up to speed on the basics, particularly the scams to look out for. So, by market segment, I think its fair to say the GD info (stuck in the face of all) matters - as you have to be aware the "likely" buyer profile will see it.

And you may be considered a potential scam and they will never talk to you again, if you don't carefully explain why the GD appraisal is the whole story. They wont take a chance and lost the little startup money they are working with.

If you are talking high value, market defined, big tickets - it's not the same buyer type, they are probably better versed in the internet marketing / domain value to world than us. They would prob stop returning your call as it would be amateurish and a waste of time to deal with you, if you were quoting algo-appraisals.,

There is a time an place for all tools - you have to find what your buyer is concerned about - define that profile - and use the tools that work for them. GL,

Double check with your toaster, if the amounts are the same then you are back on track. If not, hej, you got a talking domain evaluating toaster. It's all good.

I just posted something related to this, it seems like GoDaddy tried to integrate their testing/OTE API with the Appraisal web interface & messed up, maybe...

If you look closely, https://api.ote-godaddy.com/v1/appraisal/yourdomain.com, replace yourdomain.com with your domain, the value is similar to when the drop happened.

https://api.ote-godaddy.com/v1/appraisal/nh.tv -> $8935 (value back then) from Raymond's blog post...
https://api.godaddy.com/v1/appraisal/nh.tv -> $13985 (present value)

I believe they are dynamically changing valuations, I am also noticing some price changes lately.

Gurkas are still expensive at GD.