Estibot

[alcy]

http://www.domainsherpa.com/doron-vermaat-namerockstar/

whats up with this estibot being the place to go thing

 

[pchip]

PS: I'm such a nice guy, I think I even PayPal'd Shane some extra money (as I only had cards on me at the time) to restock the Grey Goose that I drank out of his hotel's mini fridge. I think it was like $9 for the Goose and $9 for the orange juice. Having said this, I later come find out how cheap Shane is. He replaced it with store bought OJ and liquor store bought Goose, saving him like $15 bucks.

This made me laugh! Not sure if I would have went to as much effort as he did. As for my earlier comment, again my apologize for implying that you might be cheap without knowing the entirety of the story.

 

[S-B]

Pretty much off topic completely. My restaurant and bar etiquette would call for picking up the entire tab as you said whether we originally ate or drank at a hole in the wall bar to me repaying the favor at let's say, Red Lobster (that is a fancy restaurant in Japan, but I've since come to learn that may be a poor example as it's not so classy in America...).

Hope you get my drift.

I was just reminding him of the time that he bought me two beers at a microbrewery. So, hopefully, he remembers the two that he bought before, as he did recommend them, so that if we go back to the same place I can start where I left off and try the other brews.

Of course, much like the first time, trying to pick up the tab in secrecy. But, @DomainSherpa and I are very much alike. He conveniently "went to the bathroom" (usually my trick as well) and picked up the tab on the way back. I was in preparation to pay for @Shane Bellone and his girlfriend, as well as Michael and myself, had it not already been done before I "had to use the bathroom".

PS: I'm such a nice guy, I think I even PayPal'd Shane some extra money (as I only had cards on me at the time) to restock the Grey Goose that I drank out of his hotel's mini fridge. I think it was like $9 for the Goose and $9 for the orange juice. Having said this, I later come find out how cheap Shane is. He replaced it with store bought OJ and liquor store bought Goose, saving him like $15 bucks.

Good times with good people that day.

I have nothing against Michael. Capitalism rules.

This is not how I remember it going down.

LOL

 

[DU]

First, if you’re buying or selling a domain name or portfolio and you want an estimate of it’s value, Estibot.com is the place to go. Just like you’d visit Zillow.com to get an estimate of a house value, Estibot.com provides key information about the most important statistics so you can make an informed decision based on data.

How can you advertise Zillow.com as a place to get an accurate estimate of house value? Tell me any three professional home buyers that use Zillow for that purpose.... and I'll buy a beer if I'm in Bainbridge but only if it's properly rated by RateBeer.com where I go to get an estimate of its quality.

*Sigh*

 

[N-A]

How can you advertise Zillow.com as a place to get an accurate estimate of house value? Tell me any three professional home buyers that use Zillow for that purpose.... and I'll buy a beer if I'm in Bainbridge but only if it's properly rated by RateBeer.com where I go to get an estimate of its quality.

*Sigh*

Well, if we take a look at @DomainSherpa's tutorial on how to use Estibot, we'll see this:

The Estibot value is $110 for DomainSherpa.com. While I paid $500 for the domain name back in 2010, it’s on the same order of magnitude. $100 is pretty much the same as $500. Again, this is a brandable domain name so I’d not use Estibot for an appraisal, but even still it’s correct on an order of magnitude.

So, in essence, making an informed decision based upon an estimate that is proportionally incorrect, is still an informed decision, whether that be using Zillow.com or Estibot.com.

To be fair on Michael, he does go on to say:

$500 and $100 are pretty close

But, we're discussing accuracy here. Being "pretty close" can cost money. If that's good enough for some... then so be it.

Here's a comment left as well,

If there was a discrepancy, I would guess that Google might update their data more frequently than Estibot, but I do not know for sure. In this case, the difference between 260 and 172 is negligible. If you noticed one data source saying 5,000 and another saying 500, that would be a case to spend some time to investigate further.

And, you actually got a naive investor to follow blindly with that.

So Estibot references 2007 Yahoo Overture Tool? Can someone confirm cause that sounds way off.

I can finally confirm now from the tutorial:

For those that aren’t familiar with search engine history, GoTo.com was a search engine that launched in 1998, went public in 1999, and changed it name to Overture in 2001. In 2003, Overture bought two other search engines named AllTheWeb.com and Alta Vista before being acquired by Yahoo. So while Overture doesn’t exist any more, a lot of domain name investors still love that data and Estibot has it saved from 10 plus years ago.

tl;dr: Estibot is crap for both the estimate as well as the discrepancies in its information provided on the domain - so overall, not a good tool, at all.

Michael, if you still stand behind Estibot, fine. I've provided facts, you've chosen to ignore them and counter them with invalid arguments.

I suppose all we can do now is let the people decide. However, when you have a thousand new investors watching your show, I'm positive that they're going to side with you, until they wisen up and maybe run across this thread of course.

 

[BrandingModel.com]

IMO I agree with a few here that Estibot is not good tool for newbie domainers to rely on domain valuations. This is a very interesting topic

 

[ben pedri]

Yes, we do get paid by Estibot.

We have 6 sponsors on DomainSherpa. They can be viewed on the upper right-hand corner of the interview page. Sponsors pay to be associated with our content, which we then give away for free to people who want to learn about domain name investing.

So, just like free TV, sponsors are paying for your access to viewers of our shows.



There are a lot of people who say that Estibot valuations are not accurate, are a waste of money, and that only gullible or naive domain name investors would use their service.

This is not true.

Experienced domain name investors use the Estibot service daily, but not primarily for the valuation — what you would expect if you were to look at the tool.

Experienced domain name investors use the tool to discover:

• The order of magnitude valuation if it were to sell in a retail transaction.
• If any domain in a large list of for-sale domains is worth looking at in greater detail.
• The underlying critical data that shows domain name value, like exact match search volume, cost-per-click of advertising for the exact match search phrase, what other domain extensions are registered, and whether it has type-in traffic.

The first part of the brandable domain name, Estibot, is "esti", derived from the word estimation. It provides an order of magnitude estimation of the value of a domain name in most cases: exact match, generic, numeric, acronym, and alphanumerics. Estibot is not a good estimation tool for invented brandables or keyword brandable domain names.

At no point should an experienced investor rely on an estimation of the value of a domain name. Critical thought always needs to be applied.

Hope that helps with your questions, Alcy.

Estibot is garbage{IMO} most of my 3000 domains are company end user domains ,I would like to offer them all at 15% of estibot value for the whole portfolio ,wholesaledrywall.com naturalstonework.com dependablemaids.com whiteglovecatering.com my typical type of domains

 

[Rando Meresmaa]

So what are good alternatives to Estibot that people use? Google Keyword Planner, Namebio, RDAP Whois, Domaining Blogs, NamePros?

 

[N-A]

So what are good alternatives to Estibot that people use? Google Keyword Planner, Namebio, RDAP Whois, Domaining Blogs, NamePros?

I would be inclined to say all of the above if NamePros members provided realistic appraisals on requests, e.g. crappydomain.lol is "nothing less than $$$“ and poorgrammarreversedwords.com "a solid $$$$$ deal to the right buyer (that will absolutely never come)".

Bottom line is, you'll never get, if you don't ask. With that being said, you need to know the true value of a domain in order to ask, or the buyer will walk. This is acquired knowledge from research and your own sales.

Good luck, but don't use Estibot.