Should Appraisal Tool Value Be Omitted on Ebay & Namepros for Domains You Want To Sell/Auction?

[Planet9]

Does anyone recommend listing Appraisal Tool Value on Domains you are trying to Sell or Auction on Ebay and Namepros? I believe the argument against listing them is that they likely show how much less you are willing to sell them for which to many people then means that the seller does not have much confidence in the value of the domain. Do You agree with this and are you therefore best not listing any appraisal value?

 

[Eric Lyon]

Its a catch 22...

On the heads side of the coin
Other marketplaces do that to try and encourage a buyer to pay closer to what their own automated tool suggested. So, if you reference a well known one that spit out a crazy high value, sure, why not?

Godaddy, Epik, ATOM and Flippa used to have that option I think (haven't checked recently)

On the tails side of the coin
If the well known one spit out a low number or you use an unknown one, it may or may not create doubt.

Note: It's mostly just domain investors that pick apart appraisal tools and avoid them like the plague due to inconsistencies and inaccuracies. Most start ups (For domains in the 3 to 4-figure range), either have no idea about appraisal tools or they just go by the number the marketplace told them the domain listed for sale is worth and that a lower listing price than that evaluation is a discount.

To each their own, but a number on a page with a claim of value will probably be scrutinized by a good acquisitions team (For domains in the 5-figure+ range), whom will research the domain to determine it's actual potential and value before making an offer or engaging the listing.

As someone that analyzes things daily, I like to know how someone got to a number they referenced (Regardless if its in the 3, 4 or 5-figure+ ranges) and do my own due diligence to research it.

It might be more helpful (And digestible for a potential buyer), if there was a breakdown with references as to how the number was formed, rather than just slapping the number up there without any supporting documentation and expecting everyone to just trust it, because you and a tool they never heard of said so.

The breakdown should be part of the fine-print further down as to not overwhelm the buyer with too much reading, but still be there in the event they would like to know how the number was formed, via verifiable references that include supporting data.

That's just my opinion though. Everyone does it differently.

 

[Future Sensors]

Godaddy, Epik, ATOM and Flippa used to have that option I think (haven't checked recently)

On the tails side of the coin
If the well known one spit out a low number or you use an unknown one, it may or may not create doubt.

GoDaddy displays an automated appraisal in the reg path, but only if the appraisal exceeds the domain's BIN price.

 

[Eric Lyon]

GoDaddy displays an automated appraisal in the reg path, but only if the appraisal exceeds the domain's BIN price.

That's handy to know. Thanks

 

[Planet9]

Its a catch 22...

On the heads side of the coin
Other marketplaces do that to try and encourage a buyer to pay closer to what their own automated tool suggested. So, if you reference a well known one that spit out a crazy high value, sure, why not?

Godaddy, Epik, ATOM and Flippa used to have that option I think (haven't checked recently)

On the tails side of the coin
If the well known one spit out a low number or you use an unknown one, it may or may not create doubt.

Note: It's mostly just domain investors that pick apart appraisal tools and avoid them like the plague due to inconsistencies and inaccuracies. Most start ups (For domains in the 3 to 4-figure range), either have no idea about appraisal tools or they just go by the number the marketplace told them the domain listed for sale is worth and that a lower listing price than that evaluation is a discount.

To each their own, but a number on a page with a claim of value will probably be scrutinized by a good acquisitions team (For domains in the 5-figure+ range), whom will research the domain to determine it's actual potential and value before making an offer or engaging the listing.

As someone that analyzes things daily, I like to know how someone got to a number they referenced (Regardless if its in the 3, 4 or 5-figure+ ranges) and do my own due diligence to research it.

It might be more helpful (And digestible for a potential buyer), if there was a breakdown with references as to how the number was formed, rather than just slapping the number up there without any supporting documentation and expecting everyone to just trust it, because you and a tool they never heard of said so.

The breakdown should be part of the fine-print further down as to not overwhelm the buyer with too much reading, but still be there in the event they would like to know how the number was formed, via verifiable references that include supporting data.

That's just my opinion though. Everyone does it differently.

I was going to use a Dollar Appraisal by Godaddy, Atom or Dynadot with their name by the price. My worry is if I list an Appraisal of $8,000 by Atom and put it for sale at $2,000 or $1,500 the potential buyer will say this is fishy and dismiss buying. On the other hand if I get Joe Yokal and he just sees $1,500, he'll laugh and say I can by an xyz for $2 and do so. I already got one clown who offered me $99 for an .AI domain, lol.

 

[biggie]

My worry is if I list an Appraisal of $8,000 by Atom and put it for sale at $2,000 or $1,500 the potential buyer will say this is fishy and dismiss buying. On the other hand if I get Joe Yokal and he just sees $1,500, he'll laugh and say I can by an xyz for $2 and do so. I already got one clown who offered me $99 for an .AI domain, lol.

Hi

you’re calling someone a clown because they made you a $99 offer… and -
all the while making assumptions in your head, about “what if” a potential thinks this or that situations from effect of using a frocking appraisal tools results in your listing.

you gotta be sitting on the toilet taking a real one to think of these type of questions


imo…