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Are you using algorithm simply from prior domain name sales?? I took the list you have reappraised vs before your 2.0 upgrade and the metrics just aren't there to value those names at your appraisals, i will see if i can sign up with your service and get a real feel for your product and run it through some deep process.
By no means am i insinuating, saying or otherwise that the product is not a good or great product, i am just not acclimated with the NameWorth product at this time, spending a little time with it will allow me to to understand the product and its validity for me.
I think all these products, Estibot, DomainIndex, Godaddy APP , each one serves a different purpose in understanding why a name might be able to sell X amount of dollars and perhaps allows to be able to put a BIN on a domain name that is reasonable and within a range of being able to justify pricing to the consumer through negotiations and ect.
Hello & Thanks.
NameWorth doesn't use metrics from past domain sales. If we know how to price domains, it is really not necessary. If you think about it, when using past sales there is no way to reliably figure out if a domain that sold at $3,500 is an end user price, an investor purchasing a domain, or someone selling it for 10% of it's true value to cover their rent. So if the basis of sold data is not able to be determined, then you really can't use it reliably. So we don't.
That's why NameWorth knows the price of domains before they sell for large amounts. We were the only service that was in-the-ballpark when CBDOil.com sold for $500k. All other major services were showing a price of $790-$16,415. NameWorth was showing $250k. Now NameWorth is showing $600k, and the system has no idea it ever sold. Some of the other services will have an extremely low price, then when it sells, they up their price 316x to adjust, as they did in this case. Just check them out now. Some of them show the value at $500k or so. But before the reported sale, not even close.
So what do these services do when VHSSupply.com is no longer worth anything because no one searches for "VHS" anymore? Wait till it sells for $10? I'd rather sell on the way down than have to liquidate it at the bottom.
There are definitely some indications why the sold domains listed in my post above should be priced at the level they were priced at, because the NameWorth system was able to figure it out and Mike Mann, as the owner of the sold domains, also knew.
Enjoy, and wishing you all increased success in this New Year!