new gtlds Impossible to appraise new gTLD domain names?

[Arpit131]

Elliot Silver expresses his views about new gTLD appraisals:

If an appraisal can’t be at least somewhat accurate, it doesn’t make sense to even try. I want to share some of the reasons for why I think it would be impossible to give an appraisal of new domain extensions:

There is a lack of public sales reported. Yes, there have been some publicly reported sales and public auction results, but those are a tiny fraction of domain names that exist. Believe it or not, there are now over 17 million new gTLD domain names in existence, according to nTLDStats.com. I see few new gTLD domain name sales reported weekly.

Domain registrars privately sell (or work out deals) on their premium inventory. This means that we have an even more limited amount of data available to look at to get an idea of appraised values.

There are a ton of alternative extensions that may be very similar. How can you even hazard a guess about the value of a domain name when there are several similar extensions that can be registered, in addition to even more keywords. If someone wants to open an online pet store on a new gTLD, all of these might be fairly equal: Pet.Shop, Pet.Store, Pets.Online, Pets.Website, Pets.Site.

Premium names and different extensions may have high renewal prices. Pet.Store seems like it could be a five figure domain name to a buyer perhaps. However, if the registry is charging a huge annual renewal cost, the value to a company would likely be less if they have to shell out a fortune each year to renew it. Without that information, it is silly to hazard a guess about the value.

Source

How do you go about appraising a new gTLD domain name?

 

[Kate]

Sums it up quite well.

 

[ivsprasad]

Quite interesting.. But the real fact is new gtlds are self explanatory and will stand on top of any other domain in their niche...

Even if you are a hard core fan of dot com, you cannot deny the fact that even if they stand next to your favourite dotcom domain, they are far ahead as they are quite young and tender and giving their dotcoms a head on..

Whether we like it or not they are going to take over Internet in quite a few days..

If you are interested in learning about newgtlds, there is no other place better than our http://domains.capital

 

[dordomai]

Even if you are a hard core fan of dot com, you cannot deny the fact that even if they stand next to your favourite dotcom domain, they are far ahead as they are quite young and tender and giving their dotcoms a head on..

how are they far ahead? In what sense? They consist of words the others too. Just one is generally accepted and a convention the others is not.

Whether we like it or not they are going to take over Internet in quite a few days..

As it stands now they will never take over the internet. 25 years too late.

 

[MackieMesser]

I wrote this in another thread regarding the gtlds.

I see - from a linguistic point of view - tlds generally as a part of human language. Language changes and develops and can die out.

Now we have with the new tlds the streets and infrastructure of a residential area ready, but no or only few houses (websites/content) available. It will take some time I think. The mass of new tlds has an impact, too.

If humans in 10-20 years still use the internet and domains/websites in a similar way as today then the gtlds will probably be popular.

 

[Brands.International]

Believe it or not, many people (including me) are using estibot.com as great help when we are trying to see what value some name in new gTLD can have.

Of course, many people will tell you that estibot is not accurate, is not that or this..but for me it is important that also many buyers will run domains they are about to purchase via this tool, just to make sure. Because IF estibot says 0, it is really difficult to persuade someone that your name is actually a good buy.