opinion Favorite Domain Appraisal Service

[DomainRex]

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

 

[wurdd]

Get 10 names, put them in estibot or one of the others and then then try sell them for those prices, you will see just how accurate they are. Funny how Godaddy just happen to be a registrar, so you get the inflated price from their appraisal tool and then where do a lot of new domainers go and register that name

You said that this was Rule #1. I really want to see these rules. Where can I buy this rule book?

 

[7363824]

You said that this was Rule #1. I really want to see these rules. Where can I buy this rule book?

You can't buy it. Its a rulebook for domains so obviously its online. If you're a real domainer you'd be able to figure out its domain...lol

 

[gilescoley]

You said that this was Rule #1. I really want to see these rules. Where can I buy this rule book?

Ok, I think its metaphorically speaking

Just trying to help

 

[wurdd]

It would be a really good book, no?

 

[wurdd]

If appraisals are so bad and I am breaking the first rule of domaining by using them, then why does Godaddy, the #1 registrar, put so much emphasis on them? Why does NameWorth say I get the "real market value" from their appraisals? And, Estibot appraisals say it is the "fair market value"? I mean you say it's the first rule I'm breaking. These big company's are telling me otherwise. Should I trust you or Godaddy, NameWorth and Estibot?

 

[7363824]

If appraisals are so bad and I am breakingwhy does Godaddy, the #1 registrar, put so much emphasis on them? Why does NameWorth say I get the "real market value" from their appraisals? And, Estibot appraisals say it is the "fair market value"?

Godaddy wants to sell you domains. Name worth and estibot want to sell you their subscriptions. Oldest motivation out there, the almighty dollar.

 

[Ategy]

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.

It's very possible it just so happens that the type(s) of domains you tend to purchase are more aligned with having usable and reliably accurate metrics. It's not to say they are always wrong .. but more that with most random domains they will be more wrong than correct. But that is definitely due to algorithm design and data.

Again .. i'm not saying they have bad algorithms .. simply that in order to be even a bit accurate on all domains it would involve an algorithm that not just processes domain data and metrics .. but also be able to take into account the specifics of how the specifics of the words in the domain relates to the industry .. and then the hardest part .. developing an algorithm that quantifies the "art" portion of domains. It's just too complex to cover all possible non-liquid domains. On the other hand, there most definitely are classes and genres of domains that can be quantified far more easily then others.


There's also the fact that maybe you sell the domains at those prices because you price them around what they tell you. In effect you might be over or under-pricing your domains.

 

[gilescoley]

If appraisals are so bad and I am breaking the first rule of domaining by using them, then why does Godaddy, the #1 registrar, put so much emphasis on them? Why does NameWorth say I get the "real market value" from their appraisals? And, Estibot appraisals say it is the "fair market value"? I mean you say it's the first rule I'm breaking. These big company's are telling me otherwise. Should I trust you or Godaddy, NameWorth and Estibot?

Why do you think? This is business, they want you to register the names with them, thats why they're the #1 registrar, new domainers are suckers for nice inflated appraisals on average names, makes them think they can sell it for that appraisal price. Get one of your names, get the GD appraisal price, then try sell it for that, the only way to prove my point is in the actual sales, and I mean regular sales. It just wont happen. Its always better to learn domain value yourself or get human appraisals on here.

Nameworth and Estibot are small companies by the way.

 

[Ategy]

FYI .. CurrencyCrypto.com is not a worthless domain.

It's worthless linguistically .. but not in terms of a brand. I have no idea what it could be worth since I don't know that market well enough .. but it's certainly not $0 .. and not $100 .. likely even more than $1000.

There are TONS of 2 word combinations out there that don't make linguistic sense. MOST of them totally would suck as a brand. More than most in fact .. lol. But some are simply cool sounding. Or others simply have so much weight between the words that as long as you can say it, there's some value (as is the case with CurrencyCrypto.com). It's certainly not even worth 1% of CryptoCurrency.com .. but ask yourself how much is CryptoCurrency worth? Easily upper 6 figures for sure .. more likely into 7-figures for an aggressive buyer. I think $8k is high for CurrencyCrypto.com .. but I wouldn't say impossible on a day Bitcoin jumps 25%! lol


There are some words that can have value before and after if they make sense as both a noun and an adjective. A good example of that is the word "Expert". TeaExpert is what you'd first expect to be the only way it works. But when you think about it ExpertTea works just as well but differently. TeaExpert would be good if you want to put the focus on the people (tea services) .. but ExpertTea is better to brand a product because it implies the Tea is of "Expert" quality.

CurrencyCrypto however doesn't really have too much of that reverse possibility. But the words are still so incredibly strong enough that it's borderline usable at a fraction of the cost. It's a bad example because it's truly an exception because CryptoCurrency is such a valuable term and domain.

 

[koolishman]

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.

I own the domain grolz in .com.

It is valued as follows.

Freevalauator $22649

Godaddy 1879

Estibot 100

I love freevaluator.

Now, where is the buyer @22K?

 

[wurdd]

FYI .. CurrencyCrypto.com is not a worthless domain.

It's worthless linguistically .. but not in terms of a brand. I have no idea what it could be worth since I don't know that market well enough .. but it's certainly not $0 .. and not $100 .. likely even more than $1000.

There are TONS of 2 word combinations out there that don't make linguistic sense. MOST of them totally would suck as a brand. More than most in fact .. lol. But some are simply cool sounding. Or others simply have so much weight between the words that as long as you can say it, there's some value (as is the case with CurrencyCrypto.com). It's certainly not even worth 1% of CryptoCurrency.com .. but ask yourself how much is CryptoCurrency worth? Easily upper 6 figures for sure .. more likely into 7-figures for an aggressive buyer. I think $8k is high for CurrencyCrypto.com .. but I wouldn't say impossible on a day Bitcoin jumps 25%! lol


There are some words that can have value before and after if they make sense as both a noun and an adjective. A good example of that is the word "Expert". TeaExpert is what you'd first expect to be the only way it works. But when you think about it ExpertTea works just as well but differently. TeaExpert would be good if you want to put the focus on the people (tea services) .. but ExpertTea is better to brand a product because it implies the Tea is of "Expert" quality.

CurrencyCrypto however doesn't really have too much of that reverse possibility. But the words are still so incredibly strong enough that it's borderline usable at a fraction of the cost. It's a bad example because it's truly an exception because CryptoCurrency is such a valuable term and domain.

What in the world are you talking about? Bitcoin, tea or appraisals?

 

[gilescoley]

What in the world are you talking about? Bitcoin, tea or appraisals?

You my friend have to spend a lot more reading about domains and branding. Can you not see the example Ategy is giving to show you how various keywords can still have value even if swapped around. It's nothing to do with "Tea", its just an example.

 

[h2o]

Interestingly enough, the Godaddy valuations do tend to put a higher price tag on higher quality domains. I have to say that using sorting GD Auction domains in order of descending GoValue really makes life so much easier whether we like to admit it or not. This is the real reason why Godaddy offers such a valuation tool for free and virtually unlimited use. The CEO and number financial number crunchers look at how profitable the Auctions Platform is for them so they continually invest and "upgrade" GoValue.

 

[Vijay342]

I use this simple rule:
If you do not want to miss a non english valuable domain, always use Godaddy Appraisal tool.
If you want to see search volume and cpc info, then only use estibot. I found estibot is useful only for keyword domains because it well takes into account cpc and keyword volume.
It is true that we should not depend on bot appraisal but they are certainly helpful in deciding value of a domain.
I found Godaddy tool is far better than estibot or any other tool

 

[frank-germany]

this discussion is really stupid
and has been done a trillion times

use your brain


I sold that name for $8500 USD
via afternic
and godaddy knows it

estibot is even more dumb

 

[PhongSGC]

GD, it's faster others too much

 

[koolishman]

GD, it's faster others too much

Faster?

 

[NameBuyer.com]

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

But I like cloud cuckoo land.

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.

We are expensive. That is true. But my intention from this was never to make a bunch of money from the software. It might surprise you to hear, if I reduced my prices in half, I would be losing money at that point. If I cut them by 25%, I'd just about be breaking even after all expenses. NameWorth doesn't operate in a box, it burns a lot of data for each lookup.

I built NameWorth for one reason, because I couldn't get accurate estimates and for my next project it's imperative that valuation data at least be in-the-ballpark. Look at the current leases I have in one of my accounts (screen capture below). There are only 2 prices that are remotely in my favor. Any other industry does not work like this. If you go to a diamond shop and buy a ring, they say "look, it appraised for $4,000, but you got this great deal at only $1,450. But in the domain industry, it was the complete opposite. It is more like, "look, it appraised at $70, and you got totally ripped off at $15,000". It's not a good look from our buyer's perspective.



So I changed it. If NameWorth had even the slightest influence on GoDaddy upping their prices by 2-3X their old appraisal prices, then that is a win for all of us. Because the closer the appraisal price is to your price and my price, the better our chances are for closing that sale.

On a side note, it does depend what you are doing with the results. If you are doing 10,000 lookups on expiring names, that can get expensive and doesn't make sense. But if you are looking up 200-300 domains that you've already filtered, then it would be a great fit.

I've also used it to stop myself from renewing bad domains. I've saved $5,810 in the last 10 months doing this by cutting my bottom 570 domains which I keep track of in a google spreadsheet. So in this case it would have been worth the $24.95 per month...for me, at least, but I have close to 7,000 domains.

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.

My #1 rule of domaining is always use as much information as possible and save time. The engine is built on logic, built on linguistics, built on competition and demand. Everything that would take you 10 minutes to research, but it does it in about a second. Then you can use your remaining 9 minutes and 59 seconds to scrutinize the results to ensure you don't overpay.



If you take Mike Mann's sale of aptum for $94,888, I would guess that maybe, at best, 1-2% of the people on here would guess a figure close to that price. Yet, voila there it is. Now use the rest of your time to verify and adjust!

Last but not least. Price for big buyers, and adjust down to mom & pop businesses. I have the domain TheSchoolOfDance(dot)com. To a mom and pop business it is worth maybe a few thousand, but to a corporate company rolling out 10 locations in major cities, then how much is it worth? I have a $25,000 price on it, but a mom & pop business had no problem reaching out to me with a $2,500 offer.

 

[PhongSGC]

Faster?

yes, all auto tools are reference only, value can not be determined by them, we should not decide by them

So I picked GD because its fast, no login, unlimited, etc. Certainly sometimes, in some special events, I'll try others

 

[Samer]

yes, all auto tools are reference only, value can not be determined by them, we should not decide by them

So I picked GD because its fast, no login, unlimited, etc. Certainly sometimes, in some special events, I'll try others

You dont need account for estibot; I think you mean "free"

acc costs money. I dont have acc; I use 1 free a day.

Go here; https://appraise.epik.com
As mentioned before, It's same as estibot -- yet free, "fast" no accounts.