How Accurate Is GoDaddys Appraisals?

[Affiliate Noob]

Im pretty new to this domain name game and was wondering exactly how accurate GoDaddy appraisals for domain names..???

I just listed webitized.com on godaddy auctions, which appraised for $1,500 which doesn't seem realistic when money.com only appraised for $2,300...

 

[silentg]

They're just there to make you feel good.

 

[Kate]

Automated appraisals are worthless.
Ignore them or you will end up with a portfolio of junk domains (that is, if you base your purchases on those tools).

 

[Affiliate Noob]

figures... but do you know what that appraisals based on???