NameSilo

GoDaddy Gives Big Bump To 4L .com Domain Values

Labeled as discuss in "Short" Domain Discussion, started by Silentptnr, Apr 3, 2020

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  1. Silentptnr

    Silentptnr Top Contributor VIP

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    I noticed this morning that the automated valuations of 4L .com has gone up dramatically.

    Not sure why but many of my 4L .com domain automated values have more than doubled!
     
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  2. Silentptnr

    Silentptnr Top Contributor VIP

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    It seems all short domains! 3L, 4L, etc.

    Examples:
    xus.org was $2437, now $4468
    prge.com was $1540, now $4070
    xafl.com was $1430, now $4263

    and so on...

    Not sure if it's a glitch or what, but definitely domain values according to GoDaddy have gone way up!
     
    Last edited: Apr 3, 2020
  3. brandpainvestment

    brandpainvestment Established Member

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  4. Silentptnr

    Silentptnr Top Contributor VIP

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    Well, I check all the time. :)

    My last full update of values was in January 2020.
     
  5. Samer

    Samer Top Contributor VIP Blue Account

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    Long overdue, if true.

    Conspiracy; i think GD purposely under-valued "liquid", inflated the rest.

    Now fix appraise 90% .com $1K+ add dates to sales "comps"
     
    Last edited: Apr 3, 2020
  6. Silentptnr

    Silentptnr Top Contributor VIP

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    Did you check yours to confirm? Seems any short .com, .net, .org got a big bump.
     
  7. Silentptnr

    Silentptnr Top Contributor VIP

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    Leir (com)

    Was $6491
    Now $9323
     
    Last edited: Apr 3, 2020
  8. Samer

    Samer Top Contributor VIP Blue Account

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    ogwe (com)
    Was $1503
    Now $2969

    iknj (com)
    Was $626
    Now $2073

    Found Excel downloaded, still with GD
    Used figure under "Estimated value"

    Date: 11/29/2019
     
    Last edited: Apr 3, 2020
  9. BrandCollectors.com

    BrandCollectors.com Established Member

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  10. Samer

    Samer Top Contributor VIP Blue Account

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    I have Two 5L.com in Excel 11/29/2019
    Downloaded off GD, so had past Govalues.

    Gtore (com)
    Was $1099
    Now $1309

    zulty (.com)
    Was $1481
    Now $1,747

    4L.com doubled, even 4x value.


    5L.com only got ~$300 added.
     
    Last edited: Apr 3, 2020
  11. brandpainvestment

    brandpainvestment Established Member

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    Totally agree.

    Sending the updated valuation asap here.
     
  12. tonyk2000

    tonyk2000 Top Contributor VIP ★★★★★★★★★★

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    Nothing unexpected here. Domainers are still overpaying, and hugedomains bot is still inflating the prices on expired auctions. Valuations are shown there. GD must have noticed decreased renewal rate, which is natural. So, GD+hugedomains decided to extract as much $$$ as possible from domainers...
     
  13. Silentptnr

    Silentptnr Top Contributor VIP

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    How will the new assigned values extract more from domainers? Do you think the new assigned values are too high?
     
  14. Mister Funsky

    Mister Funsky Top Contributor VIP

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    I did a spot check of a few 4L, 5L, and 6L .com names.

    4L had increases from 2x with the highest being 4x previous value.
    5L had some increase from .5x up to 1.5x previous value.
    6L had minimal increase if any.

    Thanks for bringing this to our attention.
     
  15. Mister Funsky

    Mister Funsky Top Contributor VIP

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    sorry...namepros has been goofy for me for about a day...duplicate post from above.

    ADD: I wonder if data from uni and/input from uni employees had some influence on the change?
     
    Last edited: Apr 3, 2020
  16. tonyk2000

    tonyk2000 Top Contributor VIP ★★★★★★★★★★

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    Higher "appraisal" --> higher sales prices. Preferably, paid by domainers (not hugedomains, they are not actively looking to win)
     
  17. Silentptnr

    Silentptnr Top Contributor VIP

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    LOL
     
  18. biggie

    biggie Top Contributor VIP ★★★★★★★★★★

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    lol

    that's funny

    cuz, basically you asking him, if an appraisal bots value, is accurate or not?

    time for a blunt...

    imo...
     
  19. Silentptnr

    Silentptnr Top Contributor VIP

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    always time for that. :ROFL:
     
  20. HotKey

    HotKey Made in Canada VIP

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    Hmm, likely just another a bug. Better report this to the GoDaddy Bugs thread;
    https://www.namepros.com/threads/godaddy-bugs.1137384/

    Otherwise, the only way to truly determine value is by combining biggie's success formula:
    and urljunky's pricing formula:
    and that should help the real valuation.
     
  21. Joshh71390

    Joshh71390 Top Contributor VIP Gold Account

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    Hmm who knows, maybe they are trying to scale up thier pricing in the future and are starting with the "value" of names first to justify the increase. Or it could be based on overall market data who knows. Only time will tell what the reasoning is.
     
  22. wwwweb

    wwwweb Top Contributor VIP ★★★★★★★★★★

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    Tony makes a good point, you see any name in auction, or in the sales marketplace with price of $1,888 with an appraised value of $2,450 you won't be that inclined, but if you see a valuation of $4,500 you will be more inclined to purchase. They may have adjusted their valuations, but what is it based on, are you guys getting 30% more for your domains now than 6 months ago?

    Otherwise I think it is a genius move to get higher pricing in auction, and in marketplace listings. When you appraise something for higher, and buyers who are not very educated on valuations, lean on those numbers with a trust factor, it will lead to more people hitting the BIN button thinking they are buying value. I still think the tool is dangerous for big ticket domains in the $8K-25K range, which can lead to some real lowballing, or under valuations from end users.
     
    Last edited: Apr 3, 2020
  23. Samer

    Samer Top Contributor VIP Blue Account

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    My data is from 6 months ago (Nov 29, 2019),
    but literally feels like change made overnight. @Silentptnr feel followed govalues religiously. wouldnt notice for years if didnt point it out :)

    Samer
     
    Last edited: Apr 3, 2020
  24. Bob Hawkes

    Bob Hawkes formerly MetBob NameTalent VIP Gold Account Trusted Blogger

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    Being so integrated with what they regard as comparator sales, I think a few large sales in a category, or a few small ones, can drive GoValue up or down rather strongly, whereas Estibot seem much more unchanging.

    GoValue moved values around even more in the early days, in beta, I think, perhaps due to changing the algorithm as well as new values. For example I would notice all the times valuations changing by a factor of 2 from week to week. Past months have seemed more stable, but still changing.

    I noticed that .ca valuations also seemed to jump up within last month or two (admittedly I don't have enough old records to be sure - but it seems to me they are valued more highly now). I presume with so few sales listed it only takes a few big ones to change that.

    Some other extensions and types of names seem slightly or significantly down.

    Anyway, we should always view any automated appraisal as a second opinion, and first and foremost do our own detailed evaluation that takes into account the type of name, semantics, comparator sales, competitors, oral and visual strength, etc.

    Thanks for alerting us to the change in 3L, 4L automated valuations, @Silentptnr

    Bob
     
    Last edited: Apr 3, 2020
  25. brandpainvestment

    brandpainvestment Established Member

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    This is the result for few of my names. All data are given in that image.
     

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