Hey everyone,
Recently, many appraisals here at NP have been based around what the appraiser thinks the value of the domain name is to a reseller and to an end user. That's good, but it may not be all that helpful to the owner of the domain being appraised. Why?
The real value of a domain is what it sells for. If you think that someone else may pay $250 (low $xxx) for a domain, but you're a frequent domain buyer and you're only willing to pay $25, then you should state that in the post. Tell the owner what you would pay, even if it's only $5. Here's why: if 5-15 appraisers are only willing to pay $5, the domain is likely worth $5 in the reseller market.
Example: if your domain recieves 10 appraisals, and 8 people say that it's only worth $10 because they aren't looking to develop a website around such a topic, then it gives the owner a good idea of what the domain is actually worth to domain resellers.
However, if the two remaining appraisers would pay $xxx because they plan to develop a website around that topic or may be interested in or capable of doing so, then the owner has an idea of approximately what percentage of the domain/website development market his or her domain name is marketable to.
Summary: tell the owner of a domain what you personally would pay for the domain, no matter how low, because a domain is only worth what it sells for.
Your thoughts?
Recently, many appraisals here at NP have been based around what the appraiser thinks the value of the domain name is to a reseller and to an end user. That's good, but it may not be all that helpful to the owner of the domain being appraised. Why?
The real value of a domain is what it sells for. If you think that someone else may pay $250 (low $xxx) for a domain, but you're a frequent domain buyer and you're only willing to pay $25, then you should state that in the post. Tell the owner what you would pay, even if it's only $5. Here's why: if 5-15 appraisers are only willing to pay $5, the domain is likely worth $5 in the reseller market.
Example: if your domain recieves 10 appraisals, and 8 people say that it's only worth $10 because they aren't looking to develop a website around such a topic, then it gives the owner a good idea of what the domain is actually worth to domain resellers.
However, if the two remaining appraisers would pay $xxx because they plan to develop a website around that topic or may be interested in or capable of doing so, then the owner has an idea of approximately what percentage of the domain/website development market his or her domain name is marketable to.
Summary: tell the owner of a domain what you personally would pay for the domain, no matter how low, because a domain is only worth what it sells for.
Your thoughts?
