Estibot.com

[SharonTucci]

I've never been in favor of automated appraisals, but I think estibot.com is doing a fairly decent job versus anything else I've seen. Traffic domains seem to be more accurate than generics. And of course it's almost impossible to automate the appraisal of a brandable. It has been 50/50 in accurately pricing domains I've sold recently - by this I mean within 20%. The ones that it has been off on, was a mix between undervaluing and overvaluing.

I've come across a few surprises though - my latest one was for costrecovery.com. I recently bought this domain (and now also have the .net) I felt it was a very strong domain for a right end user and the EPC is very nice (3-4 range @ fab). I almost fell off my chair when I ran it through estibot and it was given an appraisal of 41,000! I had thought this would be a case where estibot would underestimate.

Anyone else willing to share how accurate they have found estibot to be versus actual end user selling prices?

Thanks in advance,

Sharon

 

[competentdomains]

I must be a com domain name producing master unless estibot is insane
( ). Today I have "thought" out several com domains estiboted to over $10000, one even at $20000. If I reg them now, would I be able to sell them here for $100 each? Or more?! Anyone interested, seriously?!!

One more (lexical) aspect I don´t know if estibot can detect in any way. If there are two identical word phrase frequencies (text, title ..) for two different names/phrases, where one is about a product that sells, and the other is for a no product-thing, like some science topic, shouldn´t the product related domain get a higher value?

 

[estibot.com]

Hey, just an update. Although I said I wouldn't improve this version anymore, I changed my mind.

I noticed that Overture is up again but it can be really slow sometimes and the results are still from January 2007. Also, it mostly cannot separate singular from plural.

So I updated the current EstiBot with a new solution that is something I am going to utilize in v2.

Now you can get an instant Overture (no waiting) reading that can actually differentiate between singular and plural searches.

The appraisals are better again.

Cheers!
Josh

 

[Michael]

Keep up the good work man! If I can ever be of assistance adding features let me know. I don't even want to think about how complicated the algorithm must be, but if you need functions to pull/verify info from various resources I'm good with PHP/MySQL and would be willing to donate some time. Freeing yourself of some busy work would allow you to analyze and tune the algorithm more.

 

[estibot.com]

Thanks idevlabs, will keep that in mind

Check out the new feature by the way, I added a little bonus keyword tool, a little taste of what's to come with v2

I will be posting my follow-up comments on developments and such to my own thread in the advertising section. Thanks!
Josh

 

[estibot.com]

EDIT:

OK, just one more update here, I promise...this is important information for those who do use EstiBot for research.

I could not resist updating the current system. I have done some research for v2 and made some very important findings.

These are all minor updates compared to what I'm going to do with v2, but I felt these should be released immediately for the benefit of users:

I have changed the search popularity routine. EstiBot now estimates the average search popularity across nearly all search engines in existence, including Google.

Overture is just no good. It does not correlate with reality very well. Overture has some advantages and is still considered, but it's weighed down considerably now.

Typing the keywords in capital letters is a nuisance, so you can now separate the keywords with a space. I strongly recommend using this separation for best results. The automatic keyword detection is far from perfect.

Just type:
domain name.com
or
home loan calculator.com

That's it! I've also increased the speed. The appraisals are very fast now. I just checked the new update against the latest DNJournal.com domain sales reports, and, well, apart from a few exceptions it seemed to do very well.

It's still optimized for .com, so consider the appraisals for other tld's as very rough pointers.

EDIT:
Oh, forgot to mention that the PPC Ads score now reflects the real number of ads appearing in Google. The algo has been updated to weigh more the PPC Ads and the resulting potential income from the domain.

Also, if you are feeling lazy, you can still just punch in the domain as domainname.com without the spaces, the autodetection seems to work most of the time....but that's not guaranteed every time.

Thanks-
Josh

 

[dezinerite]

Awesome! Thanks for updating the very cool tool Josh!

 

[Work In Progress]

Thanks for all of the hard work Josh....

I'm wondering why Estibot shows no love for mobi at all.

Old estibot figures for mobi seemed to be reasonable in quite a few areas, but now...it's showing 95% of my portfolio as reg fee valuations. Including the majority of developed sites (all of which get some daily traffic). Even checked a name I sold for $300....it shows reg fee for this as well.

Now I'm not saying my portfolio is one of the greatest, but I'll go out on a limb and say it's a little better than Estibot's new figures.

Names such as:
MusicStations
CelebrityVideos
DateRape
JuvenileDiabetes
JehovahsWitness
OemParts
FuelSavings


and so on...all reg fee according to the "new" estibot.

Is this a slip up or are you sticking with your numbers for mobi?

 

[yeolhav]

Josh, keep up the good work. I'm an avid user of Estibot. Can't beat it for all the info that is given. Although I have two Dutch Word .coms that the appraisals have increased from 2600/1400 to 71000/34000 respectively since the adjustments have been made. My other names are sound and holding.

 

[verbster]

Bulk appraisals....You're the man!

 

[estibot.com]

Guys, some of the updates I made today did not sit too well with the existing algorithm. I'll look into it tonight and see if I can fix it. I plan to quit updating this version soon so I can focus on building v2, but I'll try and leave this functioning in a respectable manner, because building v2 is going to take some time. Lots of data to analyze. Lots.

I'll look at the .mobi problem, too.

Thanks for the heads-up.
Josh

 

[DotCom9]

I got a name appraised by moniker for $9700 and Estibot says it's of worth $200 .I tried both with all the letters in lowercase and the first letter of the words with caps. Which appraisal should I believe?

Thx.

 

[accent]

Which appraisal should I believe?

The Human, of course, until someone is willing to pay cash, at which point he is the boss.

Is it a brandable name? Automated tools cannot see how pretty your name is.

The best human appraisers are within 50% of the sales price 75% of the time. That is because every single domain is different from every other, every seller is different and every buyer is different.

A Dow Jones stock is exactly like every other stock of the same class and company. A used car is similar to lots of other used cars. A rare coin is similar to others of the same type, date and grade. A home is more or less comparable with other homes.

The domain market is much more varied. So if Estibot is within 50% half the time then that is fairly accurate,considering. And considering the cost of that human appraiser.

 

[Compassion]

Some sales of mine I checked:

domaindictionary.com $5000 2007, Estibot: $4600
grassrooters.com $1500 2006, Estibot: $2100
installs.org $1500 2003, Estibot: $280
bidwinner.com $3000 2007, Estibot: $3400
04z.com $125 2007, Estibot: $1300
MissPhoenix.com $300 2006, Estibot: $3000
PokerState.com $1500 2006, Estibot: $530
YoungVoter.com $900 2005, Estibot: $850

Overall, I'm very impressed Josh.. I wish you the best with estibot!

 

[hpersson]

Some of mine:
Eatdrinkrace.com:80$ (Valuation considering traffic**UNVERIFIED: USD 68,000 , (not realistic))
Minibova.com:110$
pjxa.com:240$
5sd.org:60$
Worxpress.com:420$
northmoney:730$

 

[bobbarato]

So I figured I'd have a little fun and see how Estibot and Leapfish valued each other.

Leapfish says:
Estibot.com => $65
Leapfish.com => $49,350

Estibot says:
Estibot => $1700 name only, $17000 with traffic
Leapfish.com => $770 name only, $60,000 with traffic

 

[competentdomains]

Leapfish is only junk and nothing else.

However, I have become somewhat confused. I know I have been better in recent times to find "better" .com-names to reg which I do, carefully.
Estibot values of some names I have found available is even up to 13, 14 and $15.000. One .com-domain I regged a few days ago was valued to $62.000. But the next day it was "only" 5.900, but I myself think it can be worth at least 10.

I think it very is easy to find .com-names "worth" up to $5000. I have close to tons of names in that range but I have not regged them. I have a bunch of names "valued" to over $10000 but I ask myself, is it really possible or is it that I am such a good name finder? I use some helping tools in my research but anyway... If I can sell if only a few of these, I won´t need any other job anymore. So the last time has been a visual challenge to me, inside myself there is the pessimistic guy who sais naah.. just dreams and nomore, but another one says hey what are you waiting for.

I try to stick to the rule not regging names under ca "estibot $5000" as a reference. I have found that estibot seemes to perform intelligent analyzing in certain ways more than being by random occasion. The best analyzer is you so nowadays when I check phrases on google and yahoo I sort of see the about "value". It´s a bit relative, depending on the way you want to work, how much time you want to spend to get a domain sold etc.

Estibot works quite well though there are some larger misvaluations too and it has been to a help to establish a new kind of .. automated capability in my self too. What I think..

 

[seeker]

its definately the best bot for appraising out there.
My main problem with it, as somepeople noted, the change in price from minute to minute, or day to day. I hardly ever get the exact same price on a given domain twice.
Sometimes this change is greater than $1000 on so so domains.
one minute its $150, the next its $1400, and the range goes on in between from day to day.

Still, if I want a bot, its the best one made so far, no doubt there.
An amazing job!

 

[estibot.com]

Just a quick update, I've looked into the fluctuation and it should be more stable now. Please report to me directly if you still notice that problem.

Also as I'm working on v2, I am getting some new routines finished and I've now added a couple of new tools on the site: domain extractor and bulk overture.

Josh

 

[competentdomains]

It´s stable right now but... earlier it was changing between high and low and I thought the most correct values were somewhere in the middle. Now, the values are lower than the earlier low-flipflop-level.
Example, a bunch of domains that was earlier valued to ca 700 / 14000 (flipflop example). Now they are like 350 or 390, indeed too low. Yes many domains are too low now, at least half of the right, though estimations depend on who you are and which buyer you have to find. The value fluctuations haven´t seemed linear either. Very well, while using the estibot, my own value estimation capability has definately been trained up i believe
And how come .net is close to worthless compared to .com ?

 

[seeker]

Josh.

I just ran quiet a few domains by estibot.
Somethig is definately wrong. It is showing the lowest value from the previous fluctuations. It is under appraising for some reason on a variety of domains.
this is especially true for non .com domains (but including .coms)

Just a heads up, keep up the great work!