Appraise Carefully

[S-B]

Over the years, I have seen all sorts of appraisals here (mostly reg fee). Obviously this is a subjective exercise. With that being said, the most dangerous thing you can do is feed the inner ego into thinking the domain is worth more than it is. Too many times have I found solid names hidden in the appraisal section. Unfortunately, the good domains usually have obscenely high appraisals.

Easy 7-figures

$100k minimum

some other bs goes here

The problem is sometimes people are willing to pay market value for it today and you failed to mention that it'd be a 20 year hold to get the price you quoted. I know everyone has the best intentions when appraising a domain but seriously think about what you're saying. Easy 7-figures? $100k minimum? Come on. There is a blatant disconnect between the advice you're giving and reality. Sure you can say one day someone will pay that. Would you bet your house on it? Would you make an offer in that range for it? Have you ever sold domains of that caliber? How many? 1? Oh, that's certainly representative of the majority of domains out there.

For all of you who own domains that actually get offers... if you've had 10 offers around the same price... surprise you found it's liquid value.

*end rant*

 

[fatter]

I wouldn't take for free most names in appraisal sections, people should post a Poll when they want feedback. I wont post a comment on a worthless domain because while most people say they want honest opinions, they really don't, kinda like the wife saying does this dress make me look fat?