Accuracy of NameBio

NamecheapNamecheap
Watch

MARK ROBERTS

Established Member
Impact
33
When looking at the results from NameBio I notice that all the results seem to be from places that also provide auctions and drops. Many prices seem pretty low for domain name sales. How are we to know if these results are accurate and more importantly if they are from domainers winning drops and auctions or actual prices paid by end users purchasing through these places.

If these are prices paid by domainers then the results are useless for determining value for our domains for sale to end users.

Does anyone know more about these results?
 
1
•••
The views expressed on this page by users and staff are their own, not those of NamePros.
.US domains.US domains
Good question, bumping because I was curious about this as well.

http://namebio.com/blog/some-reported-sales-are-bogus/

Basically according to the blog post...

Sedo & BuyDomains are 100% accurate because they only report sales data after the bidder has paid. Why don't other companies do this as well!?

Flippa is said to be 100% accurate after a few weeks (I guess not according to TERADOMAIN below).

Godaddy, NameJet, DropCatch, Fabulous, 4.cn, etc. are questionable and the sales data may be very inaccurate.

How many domains reported on NameBio never sold for the amount stated or possibly didn't sell at all? I think it may be very high.

As far as knowing if it's an end user sale or a domainer sale..that's still up in the air as well. I don't think many end users use drop catching services though. That's one way to tell.
 
Last edited:
0
•••
I bought TEHY.com on Flippa for $450 but Seller refused to sell even after he added BIN price + I clicked BIN + Seller accepted BIN but refused later because seller was not aware of 10% Flippa Final value fees. I open dispute. I won dispute. Seller sold Name on Ebay.com for $500 or something. Still Namebio.com showed TEHY.com sold for $450 which is not correct because Seller refused after Listing is over.

Another example is I bought OOOI.com on Godaddy for $3050. It was expired name. Member renewed name and I got refund. Still Namebio.com reported as sold listing.

Thansk
 
1
•••
I bought TEHY.com on Flippa for $450 but Seller refused to sell even after he added BIN price + I clicked BIN + Seller accepted BIN but refused later because seller was not aware of 10% Flippa Final value fees. I open dispute. I won dispute. Seller sold Name on Ebay.com for $500 or something. Still Namebio.com showed TEHY.com sold for $450 which is not correct because Seller refused after Listing is over.

Another example is I bought OOOI.com on Godaddy for $3050. It was expired name. Member renewed name and I got refund. Still Namebio.com reported as sold listing.

Thansk

Damn...I wonder how often this happens? 5-10% of the time or is it much higher?
 
0
•••
Hi,

Another thing. I sold 2V.io for $299 on Sedo 6 months ago. It was completed transaction but never added in Namebio.com for some reason. I don't know why???

Thanks
 
0
•••
Not to mention that some GD sales are purely for the traffic and have nothing to do with the domain name.
 
0
•••
Hello, @TERADOMAIN
After that, can you withdraw the refund to your creditcard or paypal account?
Or does it have to stay in the sedo or godaddy account?
 
0
•••
As far as the original question goes, I won't go too much into it because someone already shared a link to our article on the topic. The sales in our database are what the auction ended at, but we don't have a way to know if they actually completed for some of the venues.

Regarding wholesale vs. retail there's not really that clear-cut of a distinction. Some will obviously be retail, like if you see the venue as DomainNameSales, MostWantedDomains, MediaOptions, etc. Some will have a good chance of being retail, like Sedo. Some will usually be wholesale like GoDaddy, NameJet, DropCatch, etc. Flippa is kind of a mix of end users and investors. Sometimes an end user will find his way onto a wholesale platform. I wrote a pretty long post about it here that might be easier to refer you to:

https://www.namepros.com/threads/usefulness-of-namebio-for-enduser-pricing.888118/#post-5074175

I bought TEHY.com on Flippa for $450 but Seller refused to sell even after he added BIN price + I clicked BIN + Seller accepted BIN but refused later because seller was not aware of 10% Flippa Final value fees. I open dispute. I won dispute. Seller sold Name on Ebay.com for $500 or something. Still Namebio.com showed TEHY.com sold for $450 which is not correct because Seller refused after Listing is over.

Another example is I bought OOOI.com on Godaddy for $3050. It was expired name. Member renewed name and I got refund. Still Namebio.com reported as sold listing.

Thansk

These sales have been removed. Kevin from Flippa has been a little slow lately on sending us sales that didn't complete so we can remove them, but he's been pretty busy. He always does eventually get around to it though.

The GoDaddy one there's not really anything we can do about it other than research it and respond when someone mentions an expired auction getting renewed. I wish more people would tell us about this happening, it isn't practical for us to check hundreds of auctions per day to find a small handful that were renewed.

Hi,

Another thing. I sold 2V.io for $299 on Sedo 6 months ago. It was completed transaction but never added in Namebio.com for some reason. I don't know why???

Thanks
For Sedo we only track their RSS feed and get weekly reports from them, but they generally only include four-figure sales in either of these sources. We don't watch their auctions in real time and record the results like we do for other venues, but we may eventually now that their auctions are picking back up again. Their auction section was a ghost town for several years.
 
4
•••
I would say no one else puts in the time and effort that Michael does to try to extrapolate data.

As far as prices being low that is relative, sales data in a database this large will never give you a step by step on end user pricing. Selling domains is an art not a science. Why do Berkens and Schwartz get more for regular type domains then others ? Negotiation talent, have the luxury of always saying no, etc...

Namebio should be used best to understand the liquidity of certain naming conventions. Keeping up with the trends to trade domains as best as you possibly can.
 
2
•••
Appraise.net

We're social

Spaceship
Domain Recover
DomainEasy — Payment Flexibility
  • The sidebar remains visible by scrolling at a speed relative to the page’s height.
Back