Appraisal Forum

[Rob]

I have been thinking this for a while, but only recently has it got so bad in this area of NamePros that I thought it was worth a mention.

Is it just me, or are the more experienced members no longer posting in this area? I notice now appraisal threads full of 'new' members opinions about their value.

Sure, we all have to start out, and I probably made some silly appraisals when I was new, and still would now! But I see threads getting full up with inexperienced members appraisals, often seemingly plucking figures out of thin air.

I have just come from the forum myself after ranting at somebody (nothing personal if you are reading this!) for making a silly appraisal.

I just thought it is so much more helpful if people have a basic knowledge of the particular market, such as 2 letter .us or 3 letter .com for instance, depending on the domain in question, before posting.

Its like me trying to appraise the value of a car - I wouldnt have a clue, so wouldnt even try to contribute.

Does it put you off from seeking an appraisal because they are no longer so accurate here, or am I being unfair?

Just wondered on all of your opinions, including new members telling me to shut up! :p

(Wasnt sure if this was more appropriate for the Break Room or NamePross-specific forum)

 

[hookah]

I don't intend to start a new thread so I just want to suggest sth.
There is a sticky post on 'appraisal forum'. Does it make sense to add some advices like:
- before appraising of particular domain please do some necessary research which shows i.e. internet presence of particular keywords or name with extension itself, possible market for the domain, global/limited to some regions value of particular domain name (TLDs - ccTLDs), etc.;
- please include some criteria you apply in your appraisal;
or
- please explain your opinion/appraisal about/of particular domain;
etc.
etc.
There are so many useless appraisals ("reg. fee" or "great name - xx,xxx$") telling simply nothing (just earning NP$: 20 two-words appraisals in 5 min. - impressive so maybe their authors need some help to be more professional? :notme:
Greetings, hookah

 

[equity78]

Well I agree with Collieri that you should have to type more than three words.
RJ just make it that a rule is you must have a thesis as to why you put that value. Appraisals must be 100 characters min.

But Expert posts only I disagree too subjective, I don't know who I believe is an expert in a Subjective area like Name appraisals, THere are "experts here" who say .info worthless and there are xxx to x,xxx sales every other week. Because always turn it back on the expert, appraised at $1,000 great thanks, I will sell it to you for $200 No you don't want to buy ? No? one of your friends who is an expert? NO? WOW. BEcause an expert in any other field would buy something for .20 on the dollar in any other field.

 

[Badger]

Equity, Ive read your thread 5 times now, cant get what you mean.... sorry...

 

[equity78]

What can't you get as far as Appraisals I agree with you you have to put some substance behind it maybe a minimum of 100 Characters Research, cite facts other sales.

I don't agree with having a forum for SO called experts. Because I believe no One is an expert in a subjective industry.

Example: I am a newbie
Hello Newbie
Newbie I was wondering what a good three letter .info worth
Expert I think not much market was flooded by free regs
Newbie Sells name for $50, person who buys sells for $1,000
Newbie probably not thinking that person was an expert.

Hope that clears it for you

 

[Badger]

Oh, i seeeeeeeeeeee... Sorry for being so slow Equity.

Your contribution in this thread and your continuous reference to .infos is simply a lame pop at my previous opinion regarding the .info giveaways.

http://www.namepros.com/showthread.php?p=354724#post354724

When apparently, what did you post in my reputation??, "he didnt think before I spoke" - well let me tell you, I always think before I speak and I always think through everything I write, and only after reading and digesting other peoples threads and opinions. So you were wrong about that! And the negative reputation you posted! Well, that was countered with 6 or 7 positives. So put that in your pipe and smoke it

 

[equity78]

Whoa I have never posted a negative reputation about anyone on this thread I have seen many people say .infos worthless that was just an example and I was agreeing with you on the appraisal forum so don't attack me when you have no basis to. I have never left anyone anything but positive feedback rep wise. You are very defensive and moderators this person has made an untrue statement that I owuld like to see some one do something with regard to that statement I have never left Collieiri Or anyone else a negative remark. First Off Ian I don't care if someone disagrees I own some .tv s and people always say negative stuff about them to me I would not give them a neg rep. THat is less competition I wish more domainers would sell lll.info cheap. I posted two points one agreeing with you and secondly I don't believe anyone is an EXPERT Bottom Line EXPERT No one IMO.

 

[Sabre]

What can't you get as far as Appraisals I agree with you you have to put some substance behind it maybe a minimum of 100 Characters Research, cite facts other sales.

I don't agree with having a forum for SO called experts. Because I believe no One is an expert in a subjective industry.

Example: I am a newbie
Hello Newbie
Newbie I was wondering what a good three letter .info worth
Expert I think not much market was flooded by free regs
Newbie Sells name for $50, person who buys sells for $1,000
Newbie probably not thinking that person was an expert.

Hope that clears it for you

In a way i agree.... there are no people that can get it right EVERY time.... but there are people out there who know what they are talking about....

 

[equity78]

Right Sabre bottom line this is subjective what makes someone an expert? They sold a ton Of names, maybe they were just in the game in 97 and have no brainers, don't need to be an expert to sell cars.com or men.com, Marketing degree, Linguistics? I believe the only thing that matters is the person paaying for the name. I respect all them mebers here but If you have a xxx domain and I think I would pay $500 the fact that eight "experts" appraised it for $25oo Means Nothing to me let them buy it at that price. ANd agaiN I don't leave neg feed back If I had a problem I would tell the person and they would no form me I don't hide behind rep rating and when I give plus I always say equity78

 

[Badger]

If it wasnt you, then I apologise.... Sorry for that. Probably the same banned member who keeps coming back into this forum with a new psedonym making ghost comments in mine and others reputations and intimating that the comments came from someone else.

Anyway, Jeff has his number.....

And with regard to your comments about subjective valuations then, of course..., but its like saying cars go forward because they have wheels i.e. a common fact. And this is why forums such as this are here - tis to take the subjective and try to quantify what previously was a liquid market.

I own a good few hundred domains and im always intersted to hear appraisals from those members with a good eye for valuation. In turn I try to help them wherever I can. Now do you call them 'experts' ?? Well I, for one, would not like to pin such a label on myself! Someone with a good track record of pitching domains at the right price and turning down sales when the price was too low?? Then yes, Id take that title.

I dont think you should be too hung up on the term 'expert'. I guess its only used to differ someone from a newbie and i think Rob started this thread (In fact I know he did) in response from posting valuable good domains for appraisal and receiving 'reg fee' as a valuation from some numpty.

The appraisal forum has improved recently and some thoughtful and well researched appraisals are being posted but I know the mods are looking to improve this and this can only be for the better.

IAn

 

[equity78]

Apology accepted I an I agree with the appraisals I have seen you say that before these people that just say reg fee I think that a joke. My expert rant was because I interpreted some people not you, implying exclusionary policies. I like everyones opinion and If I appraise I try to give some facts, and ideas on development. So I hope we are cool now.

 

[equity78]

Appraisal Forum 11-21-2004 06:34 AM Stupid argument spoiling thread... grow up!



Whoever left that for rep you grow up or don't be a coward and leave your name WOW height of mental masturbation

 

[Badger]

were cool...

And, for reference, as if by magic, another neg rep post re:this thread.

Hey ho.

 

[equity78]

I got one too Ian just posted

 

[Badger]

PM en route to a mod.

I think I know who it is equity, i'll PM you his details. He is a banned member.

 

[Nunim]

I really like the idea of charging np$ to start a topic in the appriasials category, but I think 10$ is too low I would say around 30$ and turning post count off in the appraisals thread would be a nice idea. Since I am a domain noobie no one cares what I think anyway...

 

[dgridley]

Just ran across this thread.. hm, regarding appraisals, I equate it with evaluating items in the collectibles market. You can have all the experience and knowledge in the world, but what it boils down to is an item is really only worth what someone is willing to pay.

I've dealt with collectibles for 30 yrs+ and have had many items I wouldn't give a nickel for sell for alot of money and vice versa. Sometimes it's not even a case of supply and demand.. it's any number of variables.

When I evaluate a domain, I try to view it in terms of possible searches and results, plus the context of the bulk of those searches as applied against both the domain name in question and the extension. I try to be objective but evaluation is often subjective... you either like or dislike a domain. You may not even know why, but you have a sense it may not do well.

What can you say but put a bit of your "gut feeling" into the evaluation as well?

I think I personally try to put some thought and research into each of my appraisals.. I may not be an old hand at this, but I try to be a quick study.

Turning off NP$ in the appraisal forum will see alot of the shorter posts stop.. others will post because they have an interest in giving their considered opinion.

Anyway, sorry if I rambled.. that's just my 2 cents...

:D

 

[Ferman]

Here is what i think about the members who appraise domains
http://namepros.com/showthread.php?t=53505
"I just showed how an appraisal have to be. I am sure you have your own criterias, but be sure i want to know what they are and how you appraised the domain i had requested. I do not have any problem about the values you have given, if you have and be sure what your criterias are. It is not a poll that you vote for low xx, mid xx, high xx etc... It is an appraisal. Means you must have criterias,you must know the industry the domain belong to, you must know what you are doing. I am not trying to judge anyone, just being useful while showing the right way
"
"
I know the general member profile of domain forums, sure every member is not a professional appraiser. As i have written i do not judge anyone. I wanted to show apprasing a domain is more serious and complex job than some people think. It is not a vote if you like the name or not. It must be objective, must have some general rules and criterias. I do not comment on if the criterias are right or wrong. I just say they have to be. How can you say ok to a happening if you do not know why it occured such way. Discussing about the domains possible value with reasons is always better than just numbers. That is what i am trying to do. Hope i am telling exactly what is in my mind.
"

Appraiser has to know the industry that the domain belong to, check for model sites to have an idea about the potential profit, check for alternative domains sold before.

Appraiser has to tell the details of the criterias he/she has used

 

[Tippy]

You also have to remember that many Members will quote the wholesale value, the value to another Domain Reseller, I never give end user because its just not possible really.

Mike

 

[armstrong]

Ferman, sounds like you are talking about a lot of background research for each appraisal. Which would be fine if you were paying someone enough $$ to do it, such as can be had at afternic and sedo, where they give you specific reasons for their appraisals. However, paid appraisals are notorious for coming up with inflated values, as it serves their interest to flatter you.

On the other hand, NP appraisals are free. So what you get are "gut feeling" and estimates based on the appraisers' experience (or lack thereof). You can't force your appraisers to do a lot of research, since they are just doing you a favor.

My experience is that NP appraisals are more realistic than paid appraisals, at least for wholesale pricing. But if you must insist on thorough background research and "professional" appraisals, then my friend you have to pay for it:

www.sedo.com
www.afternic.com

 

[Ferman]

Ferman, sounds like you are talking about a lot of background research for each appraisal. Which would be fine if you were paying someone enough $$ to do it, such as can be had at afternic and sedo, where they give you specific reasons for their appraisals. However, paid appraisals are notorious for coming up with inflated values, as it serves their interest to flatter you.

On the other hand, NP appraisals are free. So what you get are "gut feeling" and estimates based on the appraisers' experience (or lack thereof). You can't force your appraisers to do a lot of research, since they are just doing you a favor.

My experience is that NP appraisals are more realistic than paid appraisals, at least for wholesale pricing. But if you must insist on thorough background research and "professional" appraisals, then my friend you have to pay for it:

www.sedo.com
www.afternic.com

A lot of backgound research and alot of time?
search at google
check overture results
check alexa results
check whois results of an alternative domain to see by who and when it has been registered, if it is on sale where and what is the asking price
etc...
it takes 10 minutes. If someone does not have 10 minutes to spend for an appraisal then no need to call himself/herself an appraiser.

Everything in the world has a reason and if someone asks you a question say "i do not know" or do nothing, if you do not have your reasons for your idea

I can appraise my domains by myself, it is not the problem, the reason why i ask an appraisal is to see if someone has an idea which i missed

Regards.
Ferman