domain Domain Names

[pexus1976]

Hello,

I dont understand the logic of putting a price on a domain name. People telling other members the value of their domain name. Sure Its understandable to give an opinion on the name itself its either a good name, catchy, memerable or not so memerable.

But so many members in here are giving domain names $XX or $XXX. Which does'nt make sense.

Eg www.joebloggs.com is worth nothing to me and I would not purchase a domain name like it.

Were as if my name was joebloggs it would be worth a hell of a lot more.

Different Strokes for different folks. The only real measure of the value of a domain name is supply and demand on the day of sale.

A colleague of mine asked peoples opinion on a domain name he had recently purchased (Please note I will not mention the domain name nor person) He got a number of replies stating the value of this domain name was worth low to mid $XX . He subsequently sold this domain name for £5,000 within 3 days.

So if you have recently purchased a domain name, dont solely rely on the opinion of others. Do your own research. I've noticed a few domain names on various sites going for over £1,000 and they had over 15 letters (.com) in them. I have also seen a 2 and many 3 letter domain names all .com going for less then $20.

Its a weird and whacky world out there! :D

 

[stscac]

here, an appraisal is something that is asked of other members, an input of their projected value. of course something like you said about your friend can happen. Its a crazy world. The appraisals given here (and generally everywhere) are mere estimates of projected value.

Some appraisers base their methodology on their own personal likes of the domain name, etc.

I realize that this is talk about domain appraisal, but is more suited for domain discussion, whereas the domain appraisal area is for discussion of the valuations of domain names.

-Steve