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Favorite Domain Appraisal Service

Labeled as opinion in General Domain Discussion, started by DomainRex, Apr 26, 2020

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  1. DomainRex

    DomainRex domainrex.com

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    What are your favorite appraisal websites to use?

    I been using Estibot & Godaddy for a while, started using Nameworth recently too

    So far my favorite is probably Nameworth
     
    Last edited: Apr 26, 2020
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  2. cabotower

    cabotower Top Contributor VIP

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    epik...it is almost a mirror of estibot. it's unlimited and free.
     
  3. 7363824

    7363824 Restricted (Market)

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    I noticed Nameworth gives much higher valuations than Estibot or Godaddy. Honestly though I don't trust any automated valuations. The only one I would consider maybe paying for is Estibot and that would really only be for the data they provide aside from the valuation. (But I don't even do that)
     
  4. stub

    stub DNStore.com PRO VIP ★★★★★★★★★★

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    Nameworth? The valuer who gives you prices 10 time higher than everywhere else. I don't need to pay to live in cloud cuckoo land :(
     
  5. Crock

    Crock Discord Server Owner

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    NameWorth.com is the most accurate one in my opinion, but it's currently only for .COM domains.
     
  6. Peak.Domains

    Peak.Domains Account Closed (Requested) VIP

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  7. Samer

    Samer Top Contributor VIP

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    Godaddy Govalue are 99% above $1K, but below $2K most time — and this is purely .com

    Godaddy my #2; Valuable Govalues are $2K+ likely 4k now, after the latest Godaddy ‘update’
    LOL at people quoting any Govalue 1-2k range
     
    Last edited: Apr 26, 2020
  8. Ategy

    Ategy Arif M, NameCult.com TheDomainSocial.com VIP Gold Account

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    A) Title Question: Favorite Domain Appraisal Service?

    Answer: My brain! Honestly, when looking for a price on individual non-liquid domains I would have just as much faith in the Easter Bunny than on any existing automated algorithm valuation. Some might get things close to being accurate from time to time .. but at the moment NOTHING beats a solid informed and educated human opinion. But by educated I specifically mean (1) someone with a strong grasp of all elements of domaining .. and (2) someone with good knowledge of the industry related to the domain in question.

    I don't mean you need to be an astronaut to sell a "space" related domain. But you should have a bit of knowledge on the subject and/or invest a bit of time on Google learning about the industry and potential buyers. Effectively to guestimate with relative accuracy (1) the likely sales multiple and (2) the likely sales through rate.


    B) Question in the First Post: What are your favorite appraisal websites to use?

    Answer: I am a happy paying customer of @estibot.com despite me saying individual automated valuations on non-liquid domains are worthless. So that should give you an idea that I place a LOT of value on the rest of the data and tools Estibot provides customers. Also .. on the macro level valuations are good to help find a few domains you might have missed .. and also make you double check if you placed too much value on other domains.


    I honestly haven't tried Nameworth .. but last I checked they seemed to be significantly more expensive then Estibot given my stronger usage. Just double checked again and even their $99/month wouldn't be enough for me. Plus as far as I know, they don't offer much in terms of data/metrics (which is what I place most value on if you didn't notice yet .. lol), although i could be wrong on that I suppose.




    I know what you mean .. but not really ..

    1) First of all, with the exception of headline domains, auctions are mostly wholesale settings. If all potential end users were aware of the auction then I would agree with you .. but unfortunately we are far from that reality (or fortunately depending on your domaining strategies .. lol)

    2) Even of the ones that are wholesale .. there are MANY that simply never even get seen because there are upwards of 100,000 domains at auction every day when you combine domain reseller auction, expiration auctions and domains potentially available at the drop. They all pass through an auction system .. but simply don't get any bids so it doesn't seem like it.

    Domaining and Domains are one of the most "inefficient" markets in the world. It's how the few of us who make money actually make our money. Because we're able to find hugely underpriced domains and flip them at very high multiples. Which is almost the only way to make money domaining unless you're working in the 5-figure range where it's perfectly fine to sell at lower multiples because your probabilities of sale are significantly higher to make up for it.
     
  9. Peak.Domains

    Peak.Domains Account Closed (Requested) VIP

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    @Ategy I didn't say auctions are a great way to find out a name's value... Just more accurate than random bots. How many names are "worth" $500-$1000+ according to those tools, that wouldn't get a bid at $10?

    Do you think Nameworth etc are a more accurate way to find out what a name is worth than auctioning it? Assuming the auction gets reasonable visibility and so on.
     
  10. Samer

    Samer Top Contributor VIP

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    Godaddy auctions most inflated,

    Ppl say it's "filled domainers?" LOL :ROFL:

    Ran by HD; Great for sellers! bad for buyers
     
    Last edited: Apr 27, 2020
  11. Peak.Domains

    Peak.Domains Account Closed (Requested) VIP

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  12. Ategy

    Ategy Arif M, NameCult.com TheDomainSocial.com VIP Gold Account

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    That's a very big assumption which I don't think is actually possible for the majority of "human domainer" domains (IE: Standard 2 word .com's).

    I honestly wouldn't rely on either. You aren't wrong about the fact we shouldn't rely on automated valuations for single non-liquid domains. However, for the same quality non-liquid domains I also would place no weight on auctions when talking about retail pricing.

    If you're saying that in some cases a wholesale auction price could correlate (at relative multiples) to potential retail prices, then *IF* there were enough people who were aware of the specific auctions in question, I could agree to a point. However with that you need to keep in mind the inverse in not true, in that many valuable domains just slip through the cracks and are missed by all domainers because as I said before .. the overall domain is EXTREMELY inefficient. Which is actually a very good thing because it leaves room for lots of potential big multiple flips. :)
     
  13. wurdd

    wurdd Restricted (15-30%)

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    I like Nameworth, Estibot and GoDaddy too. These are all great appraisal services. I sell lots of domain names based on the appraisals I get from them. I use it all the time! I find domains that are worth between $1000 and $2000 all the time using these appraisal services.
     
  14. Ategy

    Ategy Arif M, NameCult.com TheDomainSocial.com VIP Gold Account

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    There are two other very important things people overlook.

    1) "Valuations" only show us what our potential multiple could be. The equally crucial number that is usually missing is "probability of sale" (sell-through-rate).

    The truth is that many of those garbage domains listed with a GoDaddy value of $1000 are indeed worth $1000 .. but the missing ingredient is that it only has a 0.001% chance of selling (literally a 1 in 100,000 chance of selling in a year is not an exaggeration for many domains .. many are far worse) .. thus while *if* it would sell the buyer would pay $1000 .. but it's still a garbage domain that will lose you all your money if you keep buying such domains because you won't sell nearly enough domains to pay for the 99,999 other 0.001% chance domains you didn't sell)

    2) The value of a domain is only one part metrics. There are also other factors involved like the buyer's wallet and understanding of domains .. and .. sometimes .. dumb luck! In fact .. there's a LOT of luck involved in domaining. That's specifically why looking at value of individual domains is fairly useless. However, when you take a step back to the macro-level and look at probabilities of certain classes of domains, then with a bit of volume all that luck does indeed filter down to more refined and usable values. From there you can guestimate the "theoretical value" of individual domains .. and from there you can make a judgement call if it's worth acquiring it at a specific price point or less.


    The best analogy I could give is a casino ..

    You sit down at a table and place a bet and you have no clue what will happen. However given 10,000 similar hands you can start to get an idea of the probabilities. From there you can go back and take that knowledge and apply it to if and how you should bet individual hands.
     
  15. gilescoley

    gilescoley Top Member PRO VIP ★★★★★★★★★★

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    Rule #1 of domaining:

    Never use automated appraisal tools.

    Seriously, they just pick random numbers. Dont waste your time with them. Email some end-users and thats how you'll find out how much its worth.
     
  16. Samer

    Samer Top Contributor VIP

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    You saying $1xxx Godaddy” meaningless!! :xf.eek:Cant be! — Seriously wish all stop add them...
    Dont even pay attention to govalue $1-2K
     
    Last edited: Apr 27, 2020
  17. gilescoley

    gilescoley Top Member PRO VIP ★★★★★★★★★★

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    100%, have a look at some of the ridiculous appraisals you get. Its laughable 👍
     
  18. Samer

    Samer Top Contributor VIP

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    Worst is when use it to justify “wholesale price”

    Still firm believer GD rare $9K+ valuable .com

    It’s how u use the tool; many cases beat estibo
     
    Last edited: Apr 27, 2020
  19. wurdd

    wurdd Restricted (15-30%)

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    I need proof that this is Rule #1 of domaining. Where is this written?
     
  20. The Durfer

    The Durfer Top Contributor VIP Gold Account

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    Freevaluator.com is a hidden gem. try it out. It has a appraisal tool and they let the community vote on the value also..

    Come to think about it, Namepros should buy the rights to this website. It would blend well with the domain community here, also.
     
    Last edited: Apr 27, 2020
  21. Samer

    Samer Top Contributor VIP

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    Let’s Look at the .com

    CurrencyCrypto


    Godaddy: $8,661 appraisal
    Estibot: $0
     
    Last edited: Apr 27, 2020
  22. The Durfer

    The Durfer Top Contributor VIP Gold Account

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    estibot is kinda harsh, but when you find one, estibot lets you know you found one.
     
  23. The Durfer

    The Durfer Top Contributor VIP Gold Account

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    you could have Face.book on godaddy for $237 and it doesnt even blink an eye at you and you know this fictional domain would be priceless. Btw, im a barfly on godaddy's appraisal tool.
     
    Last edited: Apr 27, 2020
  24. 7363824

    7363824 Restricted (Market)

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    😮 I think Estibot got that one right. Wrong order of words, makes no sense.
     
  25. Samer

    Samer Top Contributor VIP

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    This is where beauty is in eyes of the beholder

    “crypto+“currency” replaced with each -strongly,wholeheartedly, disagree on this Ryan

    Tell that to the other 9 TLDs taken
    (if you follow other ext) & almost every variety “cryptoscurrency.. “cryptocurrencies” and so on
    domainers b domainers... lol none those mine

    There many ways to justify value;
    literally the only 2 root “crypto currency” flip; Personally? I find it hard to forget
    Im biased, but look forward prove yu wrong :sneaky:
     
    Last edited: Apr 27, 2020

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