NameSilo

Buying at 10%

Labeled as sales in Domain Buying and Selling Discussion, started by Doughnut, Mar 24, 2021

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336

  1. jhm

    jhm Glazed

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

    noneisnone 444 VIP Gold Account

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    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.
     
    Last edited: Mar 24, 2021
  3. jhm

    jhm Glazed

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    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
     
  4. bmugford

    bmugford www.DataCube.com PRO VIP ICA Member ★★★★★★★★★★

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    No. Automated appraisals are largely meaningless.

    I trust my own valuation more than an automated system.

    Brad
     
  5. jhm

    jhm Glazed

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    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
     
    Last edited: Mar 24, 2021
  6. Moneta

    Moneta Established Member

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

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