Go Daddy Appraisals/Valuations???

[ThatNameGuy]

Anyone notice how Go Daddy seems to have changed their domain appraisal/valuation process. For example just a few days ago a domain I was looking to buy CanDoGourmet.com was appraised @ $1,115 and today it's appraised @ <less than $100. And this isn't an anomaly, most all of their domains have been revalued?

Maybe someone from GD will respond to this with an explanation.

 

[James Iles]

There was an update to GoValue recently with a ton of extra sales data added.

 

[ThatNameGuy]

There was an update to GoValue recently with a ton of extra sales data added.

James....i haven't had the time yet to learn why GD has changed their valuation model, but it's having a major impact on my portfolio. Could you look into this and get back to me. Thanks

 

[James Iles]

James....i haven't had the time yet to learn why GD has changed their valuation model, but it's having a major impact on my portfolio. Could you look into this and get back to me. Thanks

We simply added a ton more data to the model and removed the "$25,000" references for high-end domain names. It's part of routine work for GoValue

 

[ThatNameGuy]

We simply added a ton more data to the model and removed the "$25,000" references for high-end domain names. It's part of routine work for GoValue

Instead of > more than $25,000, it simply says; "too high to estimate" Then for domains like CanDoDomains.com, it was valued at $1,300 several weeks ago when I bought it, but today GD's value; less than $100.

This is really screwed up in my opinion, and like I said earlier it's had a negative impact on the way I value my portfolio. What gives?

 

[bmugford]

Instead of > more than $25,000, it simply says; "too high to estimate" Then for domains like CanDoDomains.com, it was valued at $1,300 several weeks ago when I bought it, but today GD's value; less than $100.

This is really screwed up in my opinion, and like I said earlier it's had a negative impact on the way I value my portfolio. What gives?

Well, you should not rely on automated domain appraisals. Lesson learned.

In the past every random .COM was like $1K+.

In reality there are around 160 million .COM registered.

The average value of a hand registration is generally pretty low, unless it is some term that came out of nowhere like NFT, Meta, GPT, etc.

Less than $100 sounds relatively accurate for that domain.

Brad

 

[ThatNameGuy]

Well, you should not rely on automated domain appraisals. Lesson learned.

In the past every random .COM was like $1K+.

In reality there are around 160 million .COM registered.

The average value of a hand registration is generally pretty low, unless it is some term that came out of nowhere like NFT, Meta, GPT, etc.

Less than $100 sounds relatively accurate for that domain.

Brad

Regardless, i've registered not hundreds but thousands of domains based on GD's valuation tool. If a realtor was selling me a house they appraised/valued @ one million dollars at the time of purchase, then after I bought it they changed their appraisal to < than 100K, you better believe heads would roll......Class Action law suit comes to mind, and I'd be the lead plaintiff.

 

[bmugford]

Regardless, i've registered not hundreds but thousands of domains based on GD's valuation tool. If a realtor was selling me a house they appraised/valued @ one million dollars at the time of purchase, then after I bought it they changed their appraisal to < than 100K, you better believe heads would roll......Class Action law suit comes to mind, and I'd be the lead plaintiff.

Yeah, good luck with that.

How is your other lawsuit going?

https://www.namepros.com/threads/who-to-sue.1281459/

Or this one -

https://www.namepros.com/threads/verisign-review.1233436/#post-8218391

Brad

 

[bmugford]

If a realtor was selling me a house they appraised/valued @ one million dollars at the time of purchase, then after I bought it they changed their appraisal to < than 100K, you better believe heads would roll......Class Action law suit comes to mind, and I'd be the lead plaintiff.

On a side note, do realtors appraise houses? That is normally what an appraiser does, who is paid for that service.

Did you pay any money to GoDaddy for them to appraise your domains?

Brad

 

[biggie]

Regardless, i've registered not hundreds but thousands of domains based on GD's valuation tool.

Hi

i find it hard to believe that you actually register domains based on such valuations.

sure, some of your other acquisition announcements have been "out-there" and we've been back and forth on that...
but, at least i thought you knew better.

valuations in time will change, just like crypto, gold and the dollar bill
home values can change depending on investment or divestment and tax rates, in that neighborhood.

so, it's logical that domain valuations will/may change, especially when generated by an automated tool that's routinely updated.

imo....

 

[NameInbox]

Yep, I noticed it too.

For my domains it shows almost same cost, that was before. Lowest for org domain $500

 

[NameInbox]

We simply added a ton more data

Data from Dan?

 

[ThatNameGuy]

Yeah, good luck with that.

How is your other lawsuit going?



Or this one -



Brad

Oh, did i say that I purchased domains from GD solely on their appraisal/valuation tool? You should also note that right next to their actual appraisal they say;

Why this is valuable - "Comparable Domains Sold", then they go on to list similar domains that sold for "comparable amounts" to the domain they're trying to sell you.

If they're LYING about their comparables, it's one of the most deceptive things I've ever seen in any business. However, i don't believe they're lying, so what gives? You tell me

 

[ThatNameGuy]

Hi

i find it hard to believe that you actually register domains based on such valuations.

sure, some of your other acquisition announcements have been "out-there" and we've been back and forth on that...
but, at least i thought you knew better.

valuations in time will change, just like crypto, gold and the dollar bill
home values can change depending on investment or divestment and tax rates, in that neighborhood.

so, it's logical that domain valuations will/may change, especially when generated by an automated tool that's routinely updated.

imo....

Biggie....i know I'm not one of your favorite people, but yes i do use GD's appraisal/valuation tool as well as others like Estibot, SAW and Nameworth to "help determine" whether or not I buy a domain. Notice I said "help" because it's not the only determining factor.

Also note, I've been known to sell a domain or two based on it's appraisal as well.

 

[ThatNameGuy]

Data from Dan?

Nameinbox.....i rarely buy a domain from a broker or another domainer, but I just bought one from you CasinoAnte.com. While this wasn't the deciding factor here's GD's valuation;

CasinoAnte.com​

Estimated Value: $1,734​

Furthermore, they also say this;

Valuable Keywords: casino and ante are high value keywords with an average sale price of $3,120 and $2,654.

While I might use info like this to my advantage to help sell this domain, i may not?

Moving on....i own several hundred .com domains where GD has dropped their valuation 90% or over a thousand dollars each thus negatively impacting my portfolio.

Extrapolating these stats, consumers/domainers with domains registered with GD have been negatively impacted to the tune of well over a Billion dollars and this is a fact.

Stay tuned.....more to follow

 

[ThatNameGuy]

Hi

i find it hard to believe that you actually register domains based on such valuations.

sure, some of your other acquisition announcements have been "out-there" and we've been back and forth on that...
but, at least i thought you knew better.

valuations in time will change, just like crypto, gold and the dollar bill
home values can change depending on investment or divestment and tax rates, in that neighborhood.

so, it's logical that domain valuations will/may change, especially when generated by an automated tool that's routinely updated.

imo....

Biggie.....in all due respect i never said that i register domains solely based on valuations or appraisals. However I did say like when buying a home or commercial property it's part of the decision making process.

If valuations varied say 10% either way I wouldn't have a problem, but when a big part of my portfolio is devalued 90% I have a HUGE problem. GD has a whole lot of 'splaining to do when they value/appraise a domain I own @ $1,500 one day, then value/appraise it for < less than $100 the next.

I don't know about you Biggie, but this isn't the first time GD has fucked over me. All this brings to mind the domain SuetheBastards.com, and a small desk statue/figurine you can from Amazon.

Stay tuned!!!

 

[NameInbox]

Nameinbox.....i rarely buy a domain from a broker or another domainer, but I just bought one from you CasinoAnte.com. While this wasn't the deciding factor here's GD's valuation;

Thanks. Awesome domain, I wish you to sell it for a good price. I'm selling for cashout.
I send a code + just now replace it on NameInbox

Thanks you

 

[bmugford]

If valuations varied say 10% either way I wouldn't have a problem, but when a big part of my portfolio is devalued 90% I have a HUGE problem. GD has a whole lot of 'splaining to do when they value/appraise a domain I own @ $1,500 one day, then value/appraise it for < less than $100 the next.

I don't know about you Biggie, but this isn't the first time GD has fucked over me. All this brings to mind the domain SuetheBastards.com, and a small desk statue/figurine you can from Amazon.

Stay tuned!!!

Moving on....i own several hundred .com domains where GD has dropped their valuation 90% or over a thousand dollars each thus negatively impacting my portfolio.

Extrapolating these stats, consumers/domainers with domains registered with GD have been negatively impacted to the tune of well over a Billion dollars and this is a fact.

Your portfolio was not "devalued" because the algorithm of a 3rd party changed. All that changed was their automated value.

The actual value of a domain is not based on what some free automated appraisal says.

On a side note, you always say "stay tuned" then nothing ever happens.

Brad

 

[VadimK]

Just take all these valuations as ''opinions'', nothing more. Would you use your grandma's opinion on which domain to buy? Unlikely. GoDaddy's opinion on the same? Maybe, sometimes. But it's still just an opinion in both cases, that's it. And it can change at any time too - it's very obvious that their valuation based on previous sales - sales go up - their value changes (in their eyes). Up to you if you want to make any assumption or decision based on this fact.

 

[ThatNameGuy]

Your portfolio was not "devalued" because the algorithm of a 3rd party changed. All that changed was their automated value.

The actual value of a domain is not based on what some free automated appraisal says.

On a side note, you always say "stay tuned" then nothing ever happens.

Brad

So you agree there's an "automated value" component to my portfolio Thanks for the confirmation Brad

 

[ThatNameGuy]

Thanks. Awesome domain, I wish you to sell it for a good price. I'm selling for cashout.
I send a code + just now replace it on NameInbox

Thank you

Since buying your domain I've been researching online gambling, and in particular online poker. I'm calling on a good buddy of mine who plays Casino poker and I'll be happy to pay him a healthy commission to help me sell it.

I'll keep you posted

 

[NameInbox]

Since buying your domain I've been researching online gambling, and in particular online poker. I'm calling on a good buddy of mine who plays Casino poker and I'll be happy to pay him a healthy commission to help me sell it.

I'll keep you posted

Yep
"A poker Ante can be likened to a forced bet. Players must place a minimum bet before the cards are dealt and an ante forms a key part of the overall game’s betting structure."

Thanks

 

[bmugford]

So you agree there's an "automated value" component to my portfolio Thanks for the confirmation Brad

I guess so.

You have to be one of the only domain investors putting that much faith into the free automated appraisals of a third party.

Brad

 

[Joe N]

If valuations varied say 10% either way I wouldn't have a problem, but when a big part of my portfolio is devalued 90% I have a HUGE problem. GD has a whole lot of 'splaining to do when they value/appraise a domain I own @ $1,500 one day, then value/appraise it for < less than $100 the next.

I don't know about you Biggie, but this isn't the first time GD has fucked over me. All this brings to mind the domain SuetheBastards.com, and a small desk statue/figurine you can from Amazon.

Rich, GoDaddy actually has a public disclaimer that they post with each domain appraisal, specifying that each domain owner is responsible for determing their own domain's value.

 

[ThatNameGuy]

Rich, GoDaddy actually has a public disclaimer that they post with each domain appraisal, specifying that each domain owner is responsible for determing their own domain's value.

Show attachment 237356

Thanks for this Joe and believe it or not I hadn't read or seen this until now. I consider myself both a sophisticated and educated consumer so the courts may overlook this totally as they have in other high profile cases. While I'm neither a lawyer or a judge, instances of Case Law may render GD's disclaimer null and void.