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Zarkoza

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I just bought the month subscription for Estibot as I was told and see everyone swearing by it. I was happy with the subscription purchase until I imported all of my DNs into Estibot and they were all appraised.

Obviously, as beginner I've made the mistake of relying on Robo Evaluation Tools to determine whether or not to buy a domain and have paid for it, I realize I shouldn't rely on automated evaluation tools to make buying decisions, I haven't recently, the domains I added to Estibot recently, these were domains I had already bought and I thought I'd see what they would be appraised for by this tool which domainers who seem like they know what they're talking about seem to swear to god by.

I know I also shouldn't rely completely on automated tools in general, but some of the data I find is certainly useful, and again, I see a LOT of Domainers who have been in the game for way long that swear by this tool, however; when the domains I had bought just because they sounded either cool or interesting and had no real meaning or were domains I thought would be a great brandable domains that I had just recently come to "realize" and started thinking were absolute trash were getting higher evaluations than the ones I thought actually used keywords and had meaning etc. were getting $0 evaluations, it was quite the smack in the face and discouraging to say the least. Something is wrong here.

Estibot valued for example about 94 out of 134 of my portfolio at $0! I call foul. The rest had evaluations anywhere between $5 to $1K. Actually one was valued at 1K on Estibot and it made no sense why. It was a radnom made up word I typed in to godaddy and bought because Godaddy Appraisal said it's estimated value was $1,462... The difference between Godaddy Appraisals and Estibot is that Godaddy gives better comparable domains that have sold from my testings. Estibot just seems like it doesn't even try to comparable domains with similar spellings or words.

For example. The Domain Ilqua.com, estimated at $1,462, and $1000 by Estinbot, thw comparable domains that have been sold according to Godaddy are as follows: abiqua.com $1,250, ilcon.com $2,484, loqua.com $2,595. Meanwhile Estibot's comparable domains are as follows: valtd.com $1,088,
baymo.com $900, dcnow.com $910, repme.com $1,102, homla.com $1,064. It's almost like it didn't even try to find domains with similar spellings or anything. At least Godaddy found domains that sold that had QUA or IL in it!

Estibot valued my domain FabVoila.com at $0 which is interesting because I had actually gotten that specific domain appraised by a human at Afternic. They Appraised that domain at $400 which I was happy with. Now, obviously a human is going to be better than a bot at valuing domains I know. But look

The keyword Fab gets 271,000,000 in Google search results. Voila gets 227,000,000 in Google search results

Estibot says Fab gets 6,120,000 Monthly Broad Searches and Cost per Click is $0.69, and 368,000 Exact monthly searches and CPC is $0.26

Estibot says Voila gets 6,120,000 Monthly Broad Searches and Cost per Click is $1.14,
2,240,000 Exact monthly searches and $6.51 Cost per clicks.

This makes me distrust Estibot as an accurate appraisal tool. If it's going to appraise domains that have no real meaning, no real word kewords, then I think I need to NOT look more at Estibot as decently accurate Appraisal tool, but look at more of the other information it provides.

The Keywords in my domain CompletelyEnglish.com domain, according to Estibot, the keyword "Completely" gets 1,500,000 Monthly Broad Searches, and the Cost per Click is $2.66,
49,500 monthly Exact Searches, and $0.10 CP.

Broad Searches
Keyword completely
Monthly Searches 1,500,000
Cost per Click $2.66

Exact Searches
Keyword [completely]
Monthly Searches 49,500
Cost per Click $0.10

The keyword "English" 124,000,000 Monthly Searches, the Cost per Click is $1.50, 301,000 exact searches and $1.56

Broad Searches
Keyword english
Monthly Searches 124,000,000
Cost per Click $1.50

Exact Searches

Keyword [english]
Monthly Searches 301,000
Cost per Click $1.56
Ad Competition -
Data Age Recent

CompletelyEnglish.com search results are as follows:

Broad Searches
Keyword completely english
Monthly Searches 1,300
Cost per Click $8.75

Exact Searches
Keyword [completely english]
Monthly Searches 0
Cost per Click -

Another big issue I'm having with this Automated Tool as opposed to Godaddy Appraisal tool is that, the Comparable Domain Sales that Estibot provides are just absurd in comparison to Godaddy Appraisals Comparable Sales Results.

For example, using my CompletelyEnglish.com domain, Goddady Estimates it at $1,159

Why this is valuable

  • Comparable domains sold:
simplifiedenglish.com

$1,426

totallyfrench.com

$500

perfectlyspoken.com

$650


Meanwhile Estibot provides these random trashy comparable sold domains:

COMPARABLE DOMAIN SALES

Domain Price Date
italianristorante.com $180 2016-01-07
yothai.com $122 2019-06-17
meyue.com $164 2019-03-03
fitwu.com $140 2018-03-29
yuezhua.com $120 2017-10-27


These so called comparable domains have absolutely NOTHING to do with the Keywords in my domain. in the world. They are completely nonrelated and make no sense. What am I missing here?


Godaddy tells me why this is a valuable domain:

Popular keyword: english is a widely used keyword.

Memorable: completelyenglish.com is easy to remember.

Great extension: Uses the .com extension.

Meanwhile estibot considers this a very long domain, with low interest, and low searches.

  • WHY IT'S VALUABLE:

  • Great Extension: .com has the highest resale value

  • Very Long: Domains longer than 15 characters are not as memorable.

  • Low Interest: popular extensions, including .net and .org appear to be available

  • Low Searches: the term completely english is not commonly searched for on Google®
"Completely English" on Google Search actually gets about 438,000 results!

My conclusion is that I don't understand Estibot as an Appraisal tool, and I certainly wouldnt' use it to determine whether or not I have a good valuable domain based on their fair market appraisals. It seems to be a flawed appraisal tool. I would recommend using it for the search volume data and CPC. That's probably all it's good for so far in my opinion for the limited time that I've been using it. Maybe i'll discover some other great benefits that make me love it more the more I use it. I think that's what most people are probably using it for anyway though is the search volume data and cpc data.

Anway I thought I'd vent my irritation with it. Maybe someone can give some insight on how to actually look at the data I'm looking at.

 
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The views expressed on this page by users and staff are their own, not those of NamePros.
appraisal tools waste of time
and still people believe in this tools
i was have name estimated for 0$ in estibot i sold it for 520$
and many more names sold for high price with 0$ in estibot

Thank you for the response... I feel like Estibot is problematic because I imagine people who buy domains will refer to estibot as an authority on a domain's value and try to offer you a really low price to pay for your domains... I swear I've seen a lot of estibot recommendations. I don't get it. It's a misleading and inaccurate appraisal tool.
 
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Ok. You can use the domain appraisal tools in a couple of ways.

Please note that I don't use them really but some other domainers do and this can make sense if not misused.

The obvious way is to paste a long list of names and use the tool(s) to sort out the ones that have some value. I tried this using domanow.com (Godaddy bulk search). It an easy way to sort a long list of names but the results are really so and so...

I prefer to use expireddomains and put on my filters (not related to appraisal) to check domains one by one by eye.

The second use is to check domains you already own in case you have not clue how to price them.

In both cases:

A) Don't use just one service but all of them if possible: Namebio/Godaddy/Nameworth (everyone uses a different way to calculate a suggested price).

B) If you will read and study (it takes time) you will be able to have a much better idea by yourself than using any other automatic tool. This is the best option, but it will not come overnight...

Thank you Passini! I appreciate the advice! :)
 
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I imagine people who buy domains will refer to estibot as an authority on a domain's value and try to offer you a really low price to pay for your domains.

Hi

imagination, is a great asset of the mind.

and....those who imagined the bot,
may have imagined, that, in the future...
that people, would come to rely on the bot, as an authority.

now, today.... is the future, of that past
and here you are saying, exactly what they may have imagined would occur.

so, the question now is:

do you want the bot to be the authority on pricing
do you want the bot to be in position of enveloping/deciding the value or price, that you think your domains are worth?
do you want the bot, to control the market?

that being said... do you want the red pill or the blue one?

imo....
 
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