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How real or genuine the Appraisal value from Godaddy

Located in Reviews, started by Pratt, Nov 27, 2020

Replies:
10
Views:
973

?

Domain Appraisal always give value?

Poll closed Dec 4, 2020.
  1. Higher estimate than it's genuine price

    1 vote
    16.7%
  2. Lower estimate than it's genuine price

    5 votes
    83.3%
Total: 6 vote(s)
  1. Pratt

    Pratt Upgraded Member Blue Account

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    So i'm checking the Godaddy appraisal tool and estibot, and can see a big variation in values. How genuine one or other Appraisal tools are. Are they realistic, or always on the higher/lower side??
     
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  2. Samer

    Samer Top Contributor VIP

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    There are many threads on this;
    Godaddy appraisals are generally garbage and low $1,XXX
    They are especially garbage if under $2K,
    They make it difficult to have evaluations above 2K, --- some go higher
    and most names are in the $1K range. The key is to know how to use the tool.;

    Furthermore, they constantly keep changing the "algorithm"
    I noticed theyre making the values go down.

    There are many threads on this topic.
    Govalue, Estibot, Freevaluator, and Nameworth.

    Try them all and see which one you like;
    The key is to use them as a tool not Bible. Koran etc
    Try not to tel the guy you're trying to sell "It's appraised for $x,xxx!"
    I would laugh you off :)
     
    Last edited: Nov 27, 2020
  3. Josytal

    Josytal Top Contributor VIP

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    GD Appraisal + your research + common sense = excellent
     
  4. gilescoley

    gilescoley Top Member PRO VIP ★★★★★★★★★★

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    Don't use any automated appraisal tools, they just pick random figures.
     
  5. Pratt

    Pratt Upgraded Member Blue Account

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    Ya begin to observe that. they all have somewhere around $1k - $2k range for almost all domains
     
  6. Pratt

    Pratt Upgraded Member Blue Account

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    yea..big learning curve ahead
     
  7. Pratt

    Pratt Upgraded Member Blue Account

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    that's what I'm doing but observed a pattern of seeing big variation in the valuation from different tools.
     
  8. Raj2610

    Raj2610 Upgraded Member Gold Account

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    Observe the name related to the previous sales which serves as one of the basic benchmark for GD appraisal. It's sometimes way too far from the name being appraised. It doesn't make any sense sometimes.
    On the other hand Estibot appraisal will always have high numbers for the established websites and may not have much attention to the valuation of domain name itself as it maybe focusing more on technical numbers related to the SEO numbers. There maybe lot of false positives or negatives with pattern analysis or number crunching algorithms. Buyer needs, popularity of certain names and combinations, futuristic potential, etc are not baked in and updated consistently in these algorithms. Sometimes you can go by your gut feel and vision for holding a domain to get the right value for your investment.
     
  9. Pratt

    Pratt Upgraded Member Blue Account

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    Ya so basically take "these appraisal tools" as just a basic indicator of the value any particular domain may hold. But I can see it's always on the lower side, of the past sales
     
  10. poweredbyme

    poweredbyme Webmaster & Entrepreneur VIP

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    GD is more accurate for domains under 5k, estimates $5k+ domains less than their real values.
    I have stopped even to visit estibot after they started to require registering an account.
    I think 10+ years ago, before afternic was sold to GD, I ordered some paid appraisals from afternic. Even paid appraisals are not accurate at all.

    In the past, appraised values were higher. They were showing unrealistic $ values for garbage. I think they have noticed it's wrong. But now they usually estimate less than the real values especially for quality domains.
     
    Last edited: Dec 1, 2020
  11. Pratt

    Pratt Upgraded Member Blue Account

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    Yea Estibot is complete trash. It's just Godaddy shows approx value $1000-$1600 for majority of domain that I searched.
     

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