showcase Showcase domains that automated appraisal gives wrong ESTIMATE.

[WhoaDomain.com]

Hello,
I just got off an long emails with a potential buyer who tried to use Godaddy domain estimate on the domain he was interested in that I owned to try to get it for $2,473 meanwhile I'm asking for 6 figures or more.

I hated that I did not readily have available on hand a list of domain names that I could give him to prove that these automated estimation appraisal tools were crap.

So I just did some random appraisals for domains that Godaddy estimated low.

So figured why not ask NP to share their finds using Godaddy appraisal tool for example.

Coronavirus.com $4,111
Covid.com $7,029
Covid19.com less than $100
covid-19.com less than $100
bettingodds.com $20,786
SolarWind.com $15,788
WindSolar.com $8,867
ExpiredDomain.com $11,133
Backorders.com $15,593
N95.com $20,276
Vaccines.com $18,780
GeorgeFloyd.com $1,122
Metoo.com $23,772
KanyeWest.com $14,153
Kardashians.com $5,761
BillieEilish.com $5,161
JerseyCity.com $20,099 (Where I'm from. No way this can be just $20 grand)
Bayonne.com $10,637
FortLee.com $10,272
Bullions.com $11,895



Please share some of your own finds. Let's have a ready to use database of totally wrong domain appraisal estimations. So when the next slick buyer tries to use these appraisals to try to get the cheaper price and try to imply by using these appraisals that your price is overpriced or unrealistic, you will be ready to copy and paste examples of these appraisals doing a horrible job at appraising. You will only need to prove that these things make one or two mistakes but to ram the point home. Lets give them a stack of mistakes by this so called in fallible automated appraisal tools.

Totally ridiculous!

Use the tool below.

https://www.godaddy.com/domain-value-appraisal


PS. try to submit just domain names that these tools give estimates below $25,000 especially Godaddy. Godaddy seems to put a cap at $25,000 and above.

 

[Samer]

CurrencyCrypto
estibot $0
Govalue: $8,661

It’s all BS; i laugh those who request domains’, with the one criteria being inflated “appraisal”, and a budget, usually, five figure range plus.

Think for yourselves! Use tools to help, it’s sad

 

[WhoaDomain.com]

CurrencyCrypto
estibot $0
Govalue: $8,661

It’s all BS; i laugh at those who request domain with the one criteria being inflated “appraisal”

Think for yourselves! Use tools to help, it’s sad

agreed. I can only imagine how many sales fell thru because the buyer whoever they are feel empowered and emboldened by flawed data to stick to their guns and their low ball prices.

I think I lost this recent big sale because the guy basically would not budge from this "data" that they found online. Once they saw $2,473. They were "Stuck" in the head and felt my pricing although high was unreasonable.

that point is even say my domain was unreasonably high price FINE that's ok but at least submit a counter offer.

these people when they grasp at the Flawed Godaddy estimate of $2,473 they won't even meet you half way because they feel this is what they should pay because Godaddy says so.

I think we as domainers have sat back for too long to just let this go like this and have this monster running out there running amok and ruining our potential high sales.

To be clear. I don't "mind" these tools are out there but if they are to be out there affecting our buyers mentality then AT LEAST it should be spitting out correct info not flawed ones.

How hard would it be for an AI to extrapolate the correct estimate from all the data available as far as sales from Namebio or Namejet or Sedo? etc etc?

Perhaps the problem here is that these guys don't share info? And godaddy is only going off their own database?