advice The One Critical Thing Domain Valuation Tools Are Missing

[News]

I just wrapped up some work and spent a few minutes playing with some domain name generators. It’s always fun to spend a short amount and see what they come up with. I recently cancelled my subscription to Estibot which I had for years. I love the tool but anyone who has bought or sold a domain knows that any valuation tool is really not very accurate. It can only factor in so many things. There are an infinite amount of elements to consider.

Regardless, as I was popping available names out of these generator tools faster than I could think of them, I started to miss my Estibot subscription. It would have been nice to see what sort of appraisal these names would get. Then I decided to pump them through the GoDaddy appraiser which is still listed as “beta.” Literally every name but one that I dropped in showed a value of over $1,000. These are names that I would never pay close to $1,000 for on my happiest day. This is when I discovered the one thing missing from any domain appraisal tool… The offer to buy the name you are appraising at the value they are providing...

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[Asfas1000]

The wording is wrong. It's not a valuation, as in "asset valuation".

It's just what the domain can be sold for, IF it sells (and the sale is to an end user).

It's akin to saying that a $5 lottery ticket is worth $500,000 , because this is what it can potentially win, IF it is drawn.

So, the wording is misleading.