discuss Mike Mann: "Estibot dramatically deflates the value of a domain"

[Arpit131]

I think Mike Mann is one of the most successful domain investors, and he has certainly sold more domain names than just about anyone. For those who don’t know about Mike’s background, you should check out Paul Sloan’s Cnet article for more information about him and his domain industry background.

On Facebook this morning, Mike publicly shared an interesting comment about Estibot, the automated domain name appraisal tool:

“The main tool domain “experts” use in appraising premium .Com domains is called Estibot, which usually dramatically deflates the value of a domain. I sell domains constantly for 10, 20 or even $50,000 that they value in the hundreds, and everything I sell I think is too cheap, often discounted. Other famous domain companies have internal tools to appraise domains that are completely useless also, like Estibot.”


Source

What do you think about Estibot and its valuation?

 

[deez007]

Just out of Interest, I wanted to see what Estibot thinks Estibot.com is worth....

Result:

Domain Details:
Domain: estibot.com
SLD: estibot
Keywords:
estibot
[ change ]
Language:
English


Category: Internet -- Domains

Appraisal Overview:
EstiBot Value: $ 0 USD [ currency ]


hahhaah .... that's hilarious.

 

[Rjdomain]

Just out of Interest, I wanted to see what Estibot thinks Estibot.com is worth....

Result:

Domain Details:
Domain: estibot.com
SLD: estibot
Keywords:
estibot
[ change ]
Language:
English


Category: Internet -- Domains

Appraisal Overview:
EstiBot Value: $ 0 USD [ currency ]


hahhaah .... that's hilarious.

This is Epic u made my day

 

[deez007]

This is Epic u made my day

Lol, Knowing that I made someones day today....makes my day

 

[Rjdomain]

Lol, Knowing that I made someones day today....makes my day

I can't stop me laughing..my stomach is aching

This is joke of the millenium..Estibot values themselves "0"..

hahahaahaj

 

[Rjdomain]

http://www.estibot.com/appraise.php

 

[MKA]

What do you think about Estibot and its valuation?

I think the value are dragged down by wholesale prices (expired auctions, etc.) that dominate the market, and some of them I think are just miscalculated (particularly those that are not generic or EMD).

 

[alcy]

Mike mann deflates his value by even mentioning appraise tools

every knows or should know that any second spent on any appraise tool is a second wasted

 

[EnrichDomains]

Mike Mann is right. Domain appraisal tools are not valued accurately. All domains have a different value based on multiple factors.

For example: Let's take an example of keyword traffic (one factor of many)

There are two domains that receives 1000 visitors per month.
Let's assume both has a conversion rate of 3%

First domain sells product worth $1000 and the second domain $100.

Now the value of the domain name changes.

First domain has a value of 30 (3%of 1000 visitors) *1000 = $30,000
Second domain has a value of 30 * 100 = $3000.

Bots does' look at this value at all. Hence, their value is flawed.

You have to value your domain name independently.

 

[Adrigan]

If you're a broker using this tool, you're a newbie. If you're a domainer using this took, you're a newbie.

...and if you're working for some "marketplace" and you use estibot, you are a charlatan.