advice My Personal Domain Appraisal Strategy

[Eric Lyon]

IMPORTANT: It doesn’t matter who or how many people you ask about the value of a domain, each appraisal will vary based on a person’s individual experience with a niche and their research. You can crunch all the data in the world and still not hit the same number that a potential end-user is willing to pay. There is no way possible to hit the exact value of a domain on the head due to a wide spectrum of variables that change slightly with each target market.

Why focus on reseller value? Because as domain investors it’s comforting to know that there is still meat on a bone so that we don’t pay too much with little return or end up in the red with a loss.

You wouldn’t ask a Plumber to do a heart transplant and you wouldn’t ask a heart doctor to fix your clogged sink. Chances are, neither of them would be very good in each others industry. The same rule applies to successfully appraising domains. It really comes down to hands-on experience in each industry niche (Separately) to get a closer look at the real potential value of a domain...

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[davidc1]

E

Exactly! I agree! Which is why I made sure to address that in the article a few times.

great !

 

[Isac]

This article is pure gold . Thank You @Eric Lyon