Hey Snoop, first of all we are talking about Domain Names (highly speculative Commodity).
So, the way you look at all the other appraisals is more like a mathematician with a formula, expecting a 100% correct result and a guarantied xxx,xxx sale within the next year, in order to accept our appraisals.
And this simply doesn't work with DNs.
If someone says xxx,xxx , it means that this COULD be a potential Sale in the future, in the RIGHT time to the RIGHT Buyer after the RIGHT Marketing. I mean if absolutely everything comes together, then xxx,xxx could be possible.
And maybe we are talking about only a handful of potential buyers who MAYBE would buy such a name with such price.
Of course, if seller would have bad luck or would be a bad seller, then he will never be able to sell this DN for more than 10,000, but that doesn't mean that the potential is not there.
Such an Appraisal doesn't mean that everyone would buy this DN for xxx,xxx or even low xx,xxx.
If you ask me, i would maybe pay 3,000 or 4,000 now. Not more. Because i am a Domainer, a lowballer and want to be on safe side. BUT he already OWNS the Domain Name, so he got nothing to worry about, and therefore we can give such optimistic Appraisals, as such Price ARE POSSIBLE.
---------- Post added 07-18-2009 at 12:17 AM ---------- Previous post was 07-17-2009 at 11:51 PM ----------
btw, i think Snoop wants to buy this DN and is just trying to drive down
the price to 10,000, then sell it to Coolio for xxx,xxx ...lol (j/k)
YouTube - Coolio feat. Snoop Dogg / Gangsta Walk