- Impact
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Is there suppose to be a "formula" of some sort when NamePros members attempt to do appraisals for other members, or is it mostly subjective? The reason I ask is, a NamePros friend of mine from Canada graciously attempted to do an appraisal for RefiConsultants.com. Because he'd never really heard of the term "Refi", he wasn't able appraise the name. As it turns out, the term "Refi" is to Refinance as "Tech" is to Technology. Furthermore, the site NameBio has a half dozen "Refi" names that have sold ranging from a low of about $1,000 to a high of $500,000 for Refi.com that sold in 2017. Having researched that on my own, I then went to the word "Consultants" that is part of the name, and discovered a lot of domains selling for from $1,000 to a high of $25,000 for MarketingConsutants.com that sold in October of 2016.
So armed with this information, without really knowing anything about this industry, is anyone really able to make a fair and objective appraisal for this name? I guess this is why anyone attempting to do an appraisal here on NamePro's really needs more information because a simple formula just doesn't work. Can anyone add anything here? Inquiring minds would like to know. Thanks,
Bulloney
So armed with this information, without really knowing anything about this industry, is anyone really able to make a fair and objective appraisal for this name? I guess this is why anyone attempting to do an appraisal here on NamePro's really needs more information because a simple formula just doesn't work. Can anyone add anything here? Inquiring minds would like to know. Thanks,
Bulloney
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