GoDaddy appraisal

[shimon]

First i'ld like to thank everyone on the forum, after hours of reading through i've learned a lot !

Hopefully it will show up in the few dropped domain i regged today all .com

OPfan - for redditors or one piece fan - GD appraisal : 71 - 282$
MoiMy - brandable? - GD appraisal : 247 - 741$
Orocs - brandable? - GD appraisal : 128 - 384$
FileCloudBackup - well cloud stuff - GD appraisal 192 - 576$

scientiFAKE ( this came as a flash while i was reading a scientific article about how reliable scientific studies are reliable) i'm quite proud of it, yet GD appraisal : 29 - 117$

So my question is, is GoDaddy appraisal something to rely on or to completly ignore ?
Do you agree with the prices above or think they are way off ? in a way or the other..

 

[Chris Wright]

No automated appraisal cn be relied upon.
For laughs, just search for "domain sales reports" and take those names tht sold and run them through an appraisal bot.
You'll see massive variations.
There isn't even a super expert domainer you can rely on.
Research shows that if you get A LOT of opinions, you get to the truth.

I like 2 of your names and 2 are worthless.
Please post them in appraisals to get more info.

 

[Overslam]

Godaddy appraisal is more a marketing tool which provides significant revenue increase from domain noobs like me. I bought my first domain 10 days ago. Before purchasing the domain name I searched for a few hundred combinations of words and random letters. Most of those domains were appraised within $130-600 range. And finally I found the diamond , Vcaapps.com. This domain name was and is appraised within $850-1700. I was like WOW and purchased the domain. Now I am highly doubtful that I can sell the domain for $20.

 

[spamclinic]

how does these appraisal works ?

just appraise the same domain name via Godaddy after few days and see the difference in pricing as there will be upward revision in pricing.

Some might say it is because of the domain having few days as their age but these are absolute crap and junk as those appraisals are just a programme produce by an algoritham.

 

[ecuadorbusiness]

Godaddy appraisal is more a marketing tool which provides significant revenue increase from domain noobs like me. I bought my first domain 10 days ago. Before purchasing the domain name I searched for a few hundred combinations of words and random letters. Most of those domains were appraised within $130-600 range. And finally I found the diamond , Vcaapps.com. This domain name was and is appraised within $850-1700. I was like WOW and purchased the domain. Now I am highly doubtful that I can sell the domain for $20.

It does not matter how loser the domain is, Godaddy will appraise over the reg fee, so as you said it is a way to make noobs to register crap in the hope of getting some revenue but finally you generally discover that the domains cannot sell to any price.

 

[tomcarl]

Automated appraisals don't mean squat. I've sold domains with $0 appraisals for $xxx and domains with $xxxx appraisals I couldn't get $20 bucks for.

 

[NameOmnia]

OOOOOOHHHH YEEESSSS!!! I agree with the pros up here...don't trust automated appraisals as they are made with criteria that are not reliable. imo

 

[webdeveloper5050]

i agree with Iconic, you can not only depend of automated appraisal,

 

[Outlast]

Yeah these automated appraisals vary everywhere one looks. I think you gotta market your domains and get exposure, combine that with reasonable pricing and you may get some sales. Says the newbie domain seller!