sales Buying at 10%

[jhm]

If a GoDaddy Domain Appraisal states the estimate value of a domain is $10k, are you happy paying $1k?

 

[noneisnone]

sometimes godaddy will value a domain 3k+ just because the same keyword sold for 25k+ in another extensions
Example :
Kosovo.ca (go daddy appraises at 3k) only reason because kososvo.com sold for allot of money yet i wouldn't pay reg fee for Kosovo.ca

don't go around registering domains with high appraisals hoping reseller will pick them up for 10%(or any percentage of the appraisal) before you do your research on why a domain got a high appraisal.

 

[jhm]

Just curious. I don't hold what I don't love. I've got ones that id let go for a large fraction of what any "appraisal" says, mostly as I don't believe them, or have a long term view for certain names / lack of market

 

[bmugford]

If a GoDaddy Domain Appraisal states the estimate value of a domain is $10k, are you happy paying $1k?

No. Automated appraisals are largely meaningless.

I trust my own valuation more than an automated system.

Brad

 

[jhm]

This is the point I make. Why do these appraisal systems even exist? Not even worth 10%, even 5% of the number suggested, nobody pays. The appraisal assumes a unicorn coming over the horizon, underneath a shining rainbow, in every case. Reputable companies doing it, lack of responsibility. To this day it twists my tender nipples

 

[Moneta]

This auto-value is so bad, I can sell some 5k godaddy domains for 200$ and i will be so happy