GoDaddy valuation is seriously flawed

[exponent]

Name: flyingsaucers.com
Traffic: 182
Bids: 83
Price: $4,010
Valuation: $27 <--- WTF?

Link to sale (finished):
https://auctions.godaddy.com/trpItemListing.aspx?miid=34503061

Seriously? $27 ? ? ? I realize the valuation system is automated, but seriously, estibot does a better job than this.

 

[Kate]

Expired name ? Wow

 

[bmugford]

$27 seems to be a popular number. Currently on auction -

Name: Marathon.net
Traffic: 267
Bids: 69
Price: $15,056
Valuation: $27

Brad

 

[Sparhawke]

There are still people paying for them so why should GoDaddy care?

I bet you would see far less of these if GoDaddy were forced to underwrite them :p

I can understand toni.com currently at £43k or possibly fuel.net at £90k though still overpriced I think but vote-democrat-2008.com at £34k??!

When you actually look through the entire appraised domains list you see how much of a scam it really is, just look at how many domains are valued at £34,315 as an example.

All they need to do is take some mugs money, stamp a random number onto their domain and walk away laughing.