GoDaddy Estimated Values - Are they useful

[Jonathan MacDermid]

Hi All,

Does anyone know if the Godaddy estimated values for websites are in any way accurate?

For example, could you use a % of the Godaddy Estimated Value to promote selling the domains.

Thanks in advance.

 

[LamsuanlunT]

I do check once in a while. I also use estibot to get the search volume and cpc. Although I haven’t sold any based on their estimation, nothing related in terms of pricing.

 

[florian84]

my godaddy value software is ready now works like charme

 

[namemarket]

I like the GD Appraisal Tool a lot and use it all the time. Some members saying things like it's as good as toilet paper is not valid but of course the values are sometimes far from accurate. A GD employee once told me GD sent a number of well known University math and stats experts to Arizona who spent a long time programming it at high cost. It's free compared to paying for an Estibot account is a bonus. I frequently compare Estibot and GD on same name and it seems more often than not I tend to agree more with GD, but there are some exceptions. It also appears Estibot isn't updated very often but GD is much more dynamic, one more bonus.

 

[florian84]

for godaddy bulk check pls check this post

 

[LVN]

I just appraised insurance.com on urlappraisal.net and it said it's value was 54.00. This really cheers me up because it also appraised all my domains at 54.00.

 

[J Sokol]

LVN, welcome to NamePros.

 

[Brand Consultants]

Until Godaddy actually gives you cash for your domains, even 10% of estimated value, their appraisals are as good as toilet paper
Pricing the domains is not the problem, what we need is buyers not appraisals.

Agree with Kate 99% of the time, but GD Appraisals has a lot value for a few reasons other than just the valuation. Access to their private sales data is one of them.

 

[.X.]

It is good to see what similar names have sold for, that is all IMO, there is no real estimate, prediction, valuation process that can put an actual price on a domain name. It all comes down to what the potential buyer is willing to pay for a name.

 

[carob]

Cool way to find unreported sales though, under the Comparable domains sold: heading on the appraisal tool.

Does anyone know anything more about the sales that GD shows there? Are they all unreported sales on the GD platform? Or do they include other venues- not clear as they do not state venue or date.

 

[briguy]

Does anyone know anything more about the sales that GD shows there? Are they all unreported sales on the GD platform? Or do they include other venues- not clear as they do not state venue or date.

Believe it was answered earlier...

when you listen to the "boring" video
they very well explain that their tools is based on past sales

and "other tools" are based on keywords

"they very well explain that their tools is based on past sales

and "other tools" are based on keywords"

 

[Domain Executive]

Estimation tools give you an order of magnitude such as $XXX, $X.XXX (low/high), $XX.XXX (low/mid/high). They may value the very same names differently and they are generally not good at valuing brandables.

There are always exceptions but, if GoDaddy values a domain less than $1K, which includes dictionary words without typos etc, there is a high probability that the domain is not valuable. If GoDaddy values btw $1K-$1.6K, there is a high probability that the domain is moderate. If GoDaddy values btw $1.7-$3K, there is a high probability that the domain is becoming valuable as valuation approaches $3K. If GoDaddy values higher than $3K, there is a high probability that the domain is valuable. GoDaddy doesn't give valuations beyond $25K but it says more than $25K. I assume people playing with names valuing $3K+ already knows how to value their domains themselves.

Using GoDaddy & Estibot together with similar sales from NameBio & DNPrices may give you better results overall. You can simply take their average by leaving the outliers out if any.

For the ones new to the industry, I recommend using these tools especially to train themselves in order to make better valuations on their own. Valuation highly depends on what's in buyer's mind for that domain after all. Valuation tools are also helpful for sellers negotiating with buyers who don't know the industry. Hope this helps.

 

[Mister Funsky]

Using GoDaddy & Estibot together with similar sales from NameBio & DNPrices may give you better results overall.

This is what I do and then I add a dose of my own past experience and some gut feelings and then I price the domain.

 

[Airship]

Hi All,

Does anyone know if the Godaddy estimated values for websites are in any way accurate?

For example, could you use a % of the Godaddy Estimated Value to promote selling the domains.

Thanks in advance.

GoDaddy just want you to buy their domains. It’s not accurate at all.

Domains are only worth what someone will pay for it.

 

[BrandCougar]

During the Namescon Youtube video, Paul Nicks mentions that they have acquired several large portfolios.

He also mentions that GD clusters their inventory into 13 different tiers (clusters) for management purposes an also when pricing a portfolio for acquisition.

My question is... does anyone have an insight to what their "Sweet Spot" items are being priced for acquisition purposes?

"Sweet Spot" items being the $1k to $5k valued names. As Paul mentioned, 55-58% of their aftermarket sales occur in this price band. Reference: 12:28 timestamp into the video.

I am curious what multiple they are paying during acquisition for the "sweet spot" price point items. (ie- what sort of "wholesale" pricing is being offered for domains priced in the "Sweet Spot")

Having a sense of "wholesale" pricing would help put context to their GoValue tool from a reseller (domainer) perspective.

Any insight?