GoDaddy Certified valuation any good?

[herko]

Hi,

I'm relatively new to this, but I own a lllll.com domain that I have for sale, and a domainer is interested in this and wants to do business. He insisted that I have the domain valued manually by a trustworthy service. I'm not in the domain reselling business, so paying $200/hour for a domain without knowing if it'll make me any money isn't an option for me.
I have some domains registered at godaddy.com, and found that they have a 'certified valuation' service. Yes, it's cheap-ass of me. The result is favorable $x,xxx.- but it has a large bandwidth ($5k actually).

My question is, is the godaddy valuation trustworthy enough to set up a deal based on the valuation, or should I redo my homework and have a more high-end valuation service look at the domain?

Herko

 

[Ross]

Please post the email if you can.

Sorry but it seems like a scam to me. No one should EVER have you get an appraisal. Did they offer some services to use?

 

[bmugford]

Sorry, but this email is a well known scam. They basically display interest, and they try to get you to pay for an appraisal from their service. Then once you pay you will never hear from them again.

 

[Kate]

...
He insisted that I have the domain valued manually by a trustworthy service.

Sounds like the appraisal scam. Have a look here: http://www.namepros.com/warnings-and-alerts/317467-another-appraisal-scam-email.html

My question is, is the godaddy valuation trustworthy

No.

 

[herko]

The potential buyer *didn't* suggest an appraisal service, but insists its common practice that a domain is appraised and the valuation sent to the potential buyer before the sale. Like I said, I'm new at this. So, he is not trying to scam me into using his service -or anyone else's specifically. All he insists on is that the service be manual, and trustworthy.

Now, Godaddy.com is a very large domain registrar (with a known history of misuse of their position, yes), but can anyone tell me why their certified domain appraisal service isn't trustworthy? And maybe recommend me some good alternatives?

Herko

Please post the email if you can.

Sorry but it seems like a scam to me. No one should EVER have you get an appraisal. Did they offer some services to use?

This is the e-mail after the initial 'I'd like to buy your domain' mail:

Do you sell domain with a web site or just the name?

Domain without content is ok with me. Web site is not necessary.

Have you had your domain names evaluated in the past? I mean domain appraisals. Without valuation we cannot be sure in the sale price. It's very important for me in terms of reselling too. But we must engage a valuation company with REAL manual service. So I will only accept valuations from independent sources I and my partners trust.

To avoid mistakes I asked domain experts about reputable appraisal companies.

Please check this blog with suggestions from other sellers and buyers:
http://domainblog.007sites.com/Archive/419685.htm

If, for example, the valuation comes higher you can adjust your asking price accordingly. It will be fair. I also hope you can give me 12% - 15% discount.

After you send me the valuation via email (usually it takes 1-2 days to obtain it) we'll continue our negotiations.

What is your preferred payment method: Escrow.com, International wire transfer, PayPal.com or something else?

Hope we can come to an agreement fast.

Looking forward to your reply.

Is this part of the scam? I don't see him recommending any specific appraisal services, and offering only one source of info to verify his claim wasn't the only source available of course (that's how I came here).

Herko

 

[bmugford]

Yes, this is the scam.

The potential buyer *didn't* suggest an appraisal service, but insists its common practice that a domain is appraised and the valuation sent to the potential buyer before the sale. Like I said, I'm new at this. So, he is not trying to scam me into using his service -or anyone else's specifically. All he insists on is that the service be manual, and trustworthy.

Now, Godaddy.com is a very large domain registrar (with a known history of misuse of their position, yes), but can anyone tell me why their certified domain appraisal service isn't trustworthy? And maybe recommend me some good alternatives?

Herko



This is the e-mail after the initial 'I'd like to buy your domain' mail:

Do you sell domain with a web site or just the name?

Domain without content is ok with me. Web site is not necessary.

Have you had your domain names evaluated in the past? I mean domain appraisals. Without valuation we cannot be sure in the sale price. It's very important for me in terms of reselling too. But we must engage a valuation company with REAL manual service. So I will only accept valuations from independent sources I and my partners trust.

To avoid mistakes I asked domain experts about reputable appraisal companies.

Please check this blog with suggestions from other sellers and buyers:
http://domainblog.007sites.com/Archive/419685.htm

If, for example, the valuation comes higher you can adjust your asking price accordingly. It will be fair. I also hope you can give me 12% - 15% discount.

After you send me the valuation via email (usually it takes 1-2 days to obtain it) we'll continue our negotiations.

What is your preferred payment method: Escrow.com, International wire transfer, PayPal.com or something else?

Hope we can come to an agreement fast.

Looking forward to your reply.

Is this part of the scam? I don't see him recommending any specific appraisal services, and offering only one source of info to verify his claim wasn't the only source available of course (that's how I came here).

Herko

 

[herko]

Ok, thanks then for warning me! You've been a great help!

Herko

 

[johname]

Dude the first sentance tells all!!!!

"Do you sell domain with a web site or just the name?"

This means he didnt even go to your domain name and take a look at it.

These people are getting smarter and wait awhile before pulling the ask you to apraise it at their site part of the scam

People dont do deals like this, (bossing you around, telling you what to do) it more of a give and take.

 

[namenut]

So I will only accept valuations from independent sources I and my partners trust.

This says it all. He has sources he and his partners trust.
The "sources" are his partners.


SCAM imho....

 

[thebutler]

Herko

Good move posting here to clear up your concerns. Savced you from getting scammed. Don't be afraid to ask more questions and KEEP READING the forum. You'll learn plenty over the next few months.