If you're a fan or not a fan of GoDaddy, you might wanna check this out!!

[Carbill3]

If anybody ever uses godaddy for appraisals like I do from time to time, you might wanna AT LEAST double it.
Check out the attachment!

 

[av1atic]

Ehh..seems legit.



</sarcasm>

 

[Kate]

All those automated appraisals are meaningless anyway.
Paid (human) appraisals are hardly better, you pay them to tell you what you want to hear.

 

[Carbill3]

I agree with sdsinc. I think appraisals are made to make an unsure buyer feel all warm & fuzzy inside. The only true value is up to the buyer. How bad do you want it? How much are you willing to pay for what you want?
I had an old station wagon that was LITERALLY worth $100. Actually less than that, because it didn't even have tires. A guy paid me $1000 for it, beacuse he wanted to "doc it up" & use it in his demolition derby. So you see, an appraisal is just what THAT PERSON or program thinks it's worth. In reality, it's all up to the buyer.

 

[lennco]

I just sent an email to both Google and Facebook and offered to pay over appraised value.

Google $1680
Facebook $1650

In this bad economy I advise them to take my offer.

:P

 

[Kate]

In fact, the picture posted is proof that automated appraisals are utter nonsense.
Back in 1997, google was just an unproven brandable domain, so our appraisal on NP would have been regfee more or less (just for the domain, not the business) :p

Domains never sell because they come bundled with appraisals. They sell because somebody wants them.

---------- Post added at 06:44 PM ---------- Previous post was at 06:43 PM ----------

I just sent an email to both Google and Facebook and offered to pay over appraised value.

And how much is Godaddy.com worth according to Godaddy.com ? :talk:

 

[lennco]

And how much is Godaddy.com worth according to Godaddy.com ? :talk:

Good question, who here is willing to pay for an appraisal for Godaddy from Godaddy?

 

[Carbill3]

Hey sdsinc. I just got godaddy's appraisal. It's worth $805-$1495. I'm gonna offer them Facebook's price, & see what they say

 

[tarikpierce]

I think about Rick's blog and his idea that the value is in the idea.

Google.com is meaningless unless there is great content and a big idea behind it. The key is to find the big fish, ignore the majority of people, and only focus on true quality domains.

Godaddy is great for buying and selling, not for appraisals.

 

[av1atic]

Looks about right. Sending my offer first thing tomorrow morning.

 

[RazorNF]

Every appraisal service, whether it be automated or human, are based on an artificial formula that differs from site to site - which makes them all useless.

Plus you can't go treating these names like every run-of-the-mill reg. These are established companies you are talking about - Facebook, Google, Godaddy, etc, that are more than just the domain name.

If they weren't around, I'm sure alot of people would be passing them over if they were posted for sale.

 

[lennco]

Looks about right. Sending my offer first thing tomorrow morning.

You had better be prepared for a bidding war.
I'm bidding $2k!

Yea buddy

 

[zoomactive.com]

I will buy all 3 companies for $100k right now .

In all seriousness, I am sure they are simply estimating the actual domain value. Not the value of the business + brand.

GoDaddy is worth around $3bn
Facebook is supposedly worth around $90bn
Google is worth around $130bn

 

[Carbill3]

I'm just curious. What is a domain name value actually based on? What determines the true value? In my opinion, it's what a buyer is willing to pay for it, & it's pretty much that simple. You got all these "appraisers" & appraisal software out there telling people what they think a domain is worth,& I honestly think it's crap. Now let's just say that godaddy was appraising just THE NAME. I don't think think they'll be worth THAT MUCH. Google might be pretty valuable, because it was a pretty popular term we used when were kids as the largest number in the world. I don't know about being THAT valuable though. Godaddy could be valuable, because it could be used for children abused by their fathers or something like that, but once again, not that high. Facebook could possibly be worthless, or low 100's at best. I remember when I first heard the name, I thought it was the dumbest name in the world! So what I'm saying is that there must be some other factor in these estimates. Could it be age? I'm not even sure about that. I know domains with way crappier names that were half their age, & sold for 5x more. We already determined it is definitely not the content. Where could these estimates have come from? That leaves me to my original question. What determines the true value of a domain?

 

[Kate]

What determines the true value of a domain?

There are plenty of parameters that come into play. It's more art than science.

Here is a short write-up on the topic, not a detailed discussion but you get the idea:
http://blog.domaintools.com/2011/01/domain-valuation-how-to-value-a-domain-name/

 

[Tia Wood]

lennco the new CEO of GoDaddy? You dropping prices?

 

[Obosh]

I had a plan to provide automated domain appraisal service (like other sites) with my current website. And for that reason I did some serious research to develop a correct calculation. But finally I gave up. Because I found all my automatic appraisals are wrong even sometimes shocking and unbelievable.

All automated appraisal services are useless…in fact I think domain appraisal itself is a valueless service…

---------- Post added at 12:37 AM ---------- Previous post was at 12:24 AM ----------

I'm just curious. What is a domain name value actually based on? What determines the true value?

What I found/think a good automated appraisal service usually considers –

Age
PageRank
BackLinks
Extension
Number of characters
Dictionary word
Keyword
Exact match search
Cpc
Sector/Category (quite difficult to define)
Traffic (is quite difficult to know)
Previous/recent sale history (price) of similar domains (it is also difficult to determine)

And usually I think automated system makes big mistakes in –
Sector/Category
Traffic
Previous sale history

 

[richface]

I do not agree with "It is what the buyer is willing to pay for the domain bandwagon" In regard to brand domains I AGREE THIS IS THE CASE but service and product related domains I do not believe this applies. If the domain you own makes 10k a year on ads alone I am sure if a buyer offered you 2k you will swiftly reject that offer. Therefore you can place some sort of value based on competition, audience, the ability to generate sales, keyword, ETC. A base value can be set anything extra is based on luck. This is why appraisal companies still exist and will still do in the foreseeable future.

My opinion Only.