DynaDot automated appraisals really high vs all of the others out there — why?

[Molly]

Hi guys. I get that automated appraisals are unreliable, and so I generally compare the estimations from 3-5 different sites & come to my own conclusions.

That said, DynaDot’s appraisals seem ridiculously high! It’s claiming at least 5 digit ($xx,xxx) estimates for several of my domains, and nothing else has come anywhere near that.

Is it a ruse of some sort? Have others tried it and have you noticed it’s always really high, or is it my lucky day? Thanks!

 

[equity78]

Hi guys. I get that automated appraisals are unreliable, and so I generally compare the estimations from 3-5 different sites & come to my own conclusions.

That said, DynaDot’s appraisals seem ridiculously high! It’s claiming at least 5 digit ($xx,xxx) estimates for several of my domains, and nothing else has come anywhere near that.

Is it a ruse of some sort? Have others tried it and have you noticed it’s always really high, or is it my lucky day? Thanks!

Whatever happens with an automated appraisal is not a lucky day or a bad day. No one in this industry takes them serious and only the most naive and untrained end user would ever care what value they put on a domain name.

 

[789.xyz]

Where is DynaDot's automatic assessment?

 

[Molly]

I don’t have it in front of me. Just Google dynadot appraisal. It’s free, but they seem to cap you at some number per day.

 

[Sutruk]

Hi guys. I get that automated appraisals are unreliable, and so I generally compare the estimations from 3-5 different sites & come to my own conclusions.

That said, DynaDot’s appraisals seem ridiculously high! It’s claiming at least 5 digit ($xx,xxx) estimates for several of my domains, and nothing else has come anywhere near that.

Is it a ruse of some sort? Have others tried it and have you noticed it’s always really high, or is it my lucky day? Thanks!

Maybe the problem is that other automated appraisals are diculously low.
And maybe you should thank Dynadot appraisal for appraising some of your domains for a more right price so you don't undersell them.

 

[NameGroove]

Whatever happens with an automated appraisal is not a lucky day or a bad day. No one in this industry takes them serious and only the most naive and untrained end user would ever care what value they put on a domain name.

This!!!

 

[SpareDomains]

Automated appraisals usually garbage but theirs actually doesn't look as bad compared to others on the small sample I did of 4 of my sales...

Estimate=$5739 Sold=$7500 (real estate)
Estimate=$10297 Sold=$16,000 (financial)
Estimate=$1935 Sold=$16,000 (financial)
Estimate=$9087 Sold=$8000 (boating)

 

[Molly]

Automated appraisals usually garbage but theirs actually doesn't look as bad compared to others on the small sample I did of 4 of my sales...

Estimate=$5739 Sold=$7500 (real estate)
Estimate=$10297 Sold=$16,000 (financial)
Estimate=$1935 Sold=$16,000 (financial)
Estimate=$9087 Sold=$8000 (boating)

Super cool of you to test it; I was hoping somebody would!

 

[Pierre Barnard]

https://www.dynadot.com/domain/appraisal

 

[MKA]

Appraisal services provided by registrars aren't meant to appraise the value of a domain, they're meant to condition you to use their services.

It follows the same pattern as GoDaddy. Overvalue low-value domains, and undervalue high-value domains. This way you're more likely to register low-value domains to list them for sale, or use their broker service to get your dream domain for a steal.

 

[DmytroK.]

For me Dynadot also shows first time historic registed dates of all my domains in 2010 year or all in January, why so? And also a lot of appraisals over 10k.

 

[NameGroove]

Automated appraisals usually garbage but theirs actually doesn't look as bad compared to others on the small sample I did of 4 of my sales...

Estimate=$5739 Sold=$7500 (real estate)
Estimate=$10297 Sold=$16,000 (financial)
Estimate=$1935 Sold=$16,000 (financial)
Estimate=$9087 Sold=$8000 (boating)

A sample of my last 5 sales... can't see any way to use Dynadot estimates to assist my sales. They would've undersold 3 of my names and 2 would still be sitting in my portfolio waiting for a sale (no way the $13768 estimate is even close to correct). Plus the Security name had been in my portfolio for 12 years before selling at the $2605 price... hard to see how I'd have gotten anywhere near $7k.

Dynadot undervalued
Estimate=$1421 Sold=$3000 (Saas)
Estimate=$867 Sold=$3300 (Health)
Estimate=$1983 Sold=$4000 (Non-Profit)

Dynadot overvalued
Estimate=$7387 Sold=$2600 (Security)
Estimate=$13768 Sold=$2000 (Career)

 

[VadimK]

I typically have two main issues with all appraisal systems:

1. I don't understand how they work.
2. I do understand how they work.

Here Dynadot seems to have trained an AI bot to evaluate domains based on certain parameters. However, the flaws in their system are the size of black holes. For example, 80% of hyphenated domains are higher in value (and by much!), than their non-hyphenated brothers. For example, "Drone-Racing" is valued at $10670, while "DroneRacing" is only valued at $6,650.

Agree with the opinion to never rely on any online appraisal, unless you decide to create your own and fully understand what's behind.

These days, you don't trust anyone online. But you can definitely trust me through, no doubt about it.

 

[Molly]

But you can definitely trust me through, no doubt about it.

Lol! Thanks!

 

[Recons.Com]

They might have read the thread here threatening to sue GD over valuations going too low. This will make sure the owners are happy.

 

[Molly]

Hi guys. I get that automated appraisals are unreliable, and so I generally compare the estimations from 3-5 different sites & come to my own conclusions.

That said, DynaDot’s appraisals seem ridiculously high! It’s claiming at least 5 digit ($xx,xxx) estimates for several of my domains, and nothing else has come anywhere near that.

Is it a ruse of some sort? Have others tried it and have you noticed it’s always really high, or is it my lucky day? Thanks!

Case in point. Here are multiple different automated valuations. Notice how Dynadot towers above the rest. Thoughts?

All USD $	Godaddy	Estibot	Brandpa	Dynadot
ag/a/i/n/s/t/a/w/a/l/l.com			50	3341
f/l/o/p/a/b/o/u/t.com			1245	12338
i/h/o/p/y/.com	219	980	995	4437
p/e/a/s/t/o/y/o/u/.com			50	5782
w/h/e/n/g/o/d/w/h/e/n.com		110	50	665
w/h/e/n/g/o/d/w/i/n/s/.com			50	9734
w/h/e/n/he/w/i/n/s/.com			50	11170
w/i/n/g/o/d/w/i/n.com			50	4276

 

[Kyle Tully]

Case in point. Here are multiple different automated valuations. Notice how Dynadot towers above the rest. Thoughts?

All USD $	Godaddy	Estibot	Brandpa	Dynadot
a/g/a/i/n/s/t/a/w/a/l/l/.com			50	3341
f/l/o/p/a/b/o/u/t/.com			1245	12338
i/h/o/p/y/./com	219	980	995	4437
p/e/a/s/t/o/y/o/u.com			50	5782
w/h/e/n/g/o/d/w/h/e/n.com		110	50	665
w/h/e/n/g/o/d/w/i/n/s.com			50	9734
w/h/e/n/h/e/w/i/n/s.com			50	11170
w/i/n/g/o/d/w/i/n.com			50	4276

Stop using automated appraisals.

Problem solved.

 

[Samer]

Estibot gives you 1 free lookup daily.

appraised aged (2006) LLLL.com “less than $100”

There’s one that’s too low.

 

[karmaco]

Generated Appraisals are all seriously flawed. Just because word plus capital sold for $1500 on an expired auction doesn't tell you its actual worth. It tells you its wholesale price that day.

Or someone sells a name for 50K doesn't mean every domain with that keyword can garner 50K. There are alot of extenuating circumstances that make domains become more valuable, less valuable or remain same value.

None of the auto appraisals can predict anything. They just collect data on (to a large extent) wholesale transactions.

Ignore them and learn how to price your domains yourself.

 

[Molly]

Case in point. Here are multiple different automated valuations. Notice how Dynadot towers above the rest. Thoughts?

All USD $	Godaddy	Estibot	Brandpa	Dynadot
ag/a/i/n/s/t/a/w/a/l/l.com			50	3341
f/l/o/p/a/b/o/u/t.com			1245	12338
i/h/o/p/y/.com	219	980	995	4437
p/e/a/s/t//o/y/ou.com			50	5782
w/h/e/n/g/o/d/w/h/e/n.com		110	50	665
w/h/e/n/g/o/d/w/i/n/s/.com			50	9734
w/h/e/n/h/e/w/i/n/s.com			50	11170
w/i/n/g/o/d/w/i/n.com			50	4276

Thanks to all who’ve contributed so far. I’ve gotten a few “stops” & “don’ts” to my various NP posts, and I appreciate the words caution. However, I challenge you to tell me how to appraise domains without automation as a newbie.

That is, I understand what the problem is, but have you got a solution to share? Otherwise, which end of the spectrum do you think is most realistic in these examples? Thanks.