NameSilo

Why it's not valuable according to Estibot

Labeled as reviews in General Domain Discussion, started by NameOptions, Mar 16, 2021

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740

  1. NameOptions

    NameOptions Upgraded Member Gold Account

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    Here is one more reason why automated appraisal tools cannot be trusted.

    I put in a 2 word .com domain just registered. Both words are popular on their own, and they make sense together. It got a poor result in Estibot.


    • WHY IT'S NOT VALUABLE:

    • Low Interest: all popular extensions, including .com appear to be available

    • Low Searches: the term l*******e h***s is not commonly searched for on Google®

    • Extensions Available: domains in other extensions are still available for registration
    So. Sure, having a name that has high interest, high searches, and is registered in all extensions makes it more valuable. However, those are not the defining factors of what makes a good name and a good brand. The domain is registered in .com. I guess the engine is slow to catch that. But very misleading and inaccurate feedback.

    I know that there have been many comments about the frustration of automated appraisal tools. This is another point I wanted to raise. These tools are damaging to domain sales.
     
    The views expressed on this page by users and staff are their own, not those of NamePros.
  2. WhoaDomain.com

    WhoaDomain.com WhoaDomain.com VIP Gold Account

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    As someone who has sold domains that have raised some domainer eyebrows, I have quit gauging the value of my domain names based on "tools" and "experts".

    People have said that my domain CoinMena.com should never have sold for $25,000 or my InvestReit.com for $55,000 but they did.

    Domain buyers are fickle. They like what they like. So you can't really use automated systems.

    My upcoming domain sales? Wait and see. Those? Will be along the same lines as CoinMena.com and InvestReit.com. People will again be scratching their heads lol.

    In my domaining I have quit looking at automated tools or the advice of experts. none of them helped me sell CoinMena.com and InvestReit.com.

    I will listen to reason but as far as pricing my domains and my asking prices? I go by instincts. Sometimes you just need to figure things out yourself and follow the beat of your own drum. At least that way you have only yourself to blame.

    Believe me. You'll regret it more if you follow everyone else and the pricing of your domains by tools and lose money. Anything is possible in domaining. It's all a gamble but a calculated one based on your research which you hopefully did before investing in a domain.

    So anything is possible? why not go for gold and ask for big money? I know I did with CoinMena.com and InvestReit.com. The prices paid for these domains were not my asking prices.
     
  3. Samer

    Samer Restricted (15-30%)

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    Simple.

    We dont let machines think for us.

    Use the automated appraisal as a tool.

    They all have different “algorithms”
    Govalue tends to be one more generous ones
    DomainIndex is the hardest; ($0 always lol)
    NameWorth is my favorite
    estibot looks at CPC believe one of most cited

    FreeValuator.com only gives you 1 free daily.
     
    Last edited: Mar 17, 2021
  4. Future Sensors

    Future Sensors 78% of human domainers will be replaced by robots Gold Account

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    Noticed this earlier... There are exactly two reviews of NameWorth on https://www.nameworth.com/benefits.php - Both reviews happen to be from the Co-Founders of NameWorth. Fortunately, they like the service very much :xf.wink:
     
  5. NameOptions

    NameOptions Upgraded Member Gold Account

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    As domainers and domain investors I think we can look past the automated tools, which really serve little purpose in our business. The damage that is being done is when end users, buyers, get a hold of those sites and use them as a bargaining chip.

    It is true that if a buyer sees a domain and really wants it, then we can negotiate a fair price. But those tools really do a disservice in that process. Just as an inexperienced domainer could let go of a good quality domain because of what the automated appraisal shows, so a buyer can be dissuaded from pursuing a purchase for the same reason. Of course, this is assuming they are checking those automated appraisals. It's a loss loss, as far as I'm concerned.
     
  6. Samer

    Samer Restricted (15-30%)

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    They the best sign up free limited everyday;
    before i opted for their cheap $10 mo option.
    Plus, owners active here too; NP PRO :xf.wink:
    @NameBuyer.com
     
    Last edited: Mar 17, 2021
  7. DuDD

    DuDD Established Member

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    • For reference only, credibility is not enough
     
  8. lock

    lock Searchrz.com VIP

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    Two words that sound right doesn't equate to anyone actually searching with that combination. You only need a buyer to want it though.
     
    Last edited: Mar 17, 2021
  9. CraigD

    CraigD Top Contributor VIP

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    Just because they are popular words and you think they make sense together, does not equate to anyone wanting to own the domain name.

    You only need to look through some of the combinations of words being advertised here on NP for a $1 starting bid that get no offers, to realise that.

    Instead of looking for AI guidance, use your common sense.

    ie. is this domain a name that someone else would want to own in the future, and would be prepared to offer me money for?
     
    Last edited: Mar 18, 2021
  10. biggie

    biggie GreenFriendly.com VIP ★★★★★★★★★★

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    @ $120 a year, per every "end-user" like you, that really adds up!

    maybe i should get into the "crystal ball" business too

    or start "selling" common sense,
    cuz some don't get-it... when it's given for free.

    imo...
     
    Last edited: Mar 24, 2021
  11. jhm

    jhm Glazed

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    When company algorithm issue appraisals, companies should stand behind it. No different to an appraisal in other industries. If GoDaddy algorithm state "x" domain is "y" in estimated value, as a business, surely they offer to pay even 10% of the value of that appraisal, as an immediate offer to buy. If its accurate, its a good deal for them - 90% off their estimate! Any other industry would do that in a heart beat, take the example of a home, a car, or other asset. However, they won't, lack of confidence
     
    Last edited: Mar 24, 2021
  12. Lox

    Lox _____ VIP

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    ballesti.jpeg
     
  13. jhm

    jhm Glazed

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    I have respect for an entity that offers a 10% buy of the value of the appraisal they issue - Just 10% (nobody does). Goes to show how bad these valuations are
     
    Last edited: Mar 24, 2021
  14. biggie

    biggie GreenFriendly.com VIP ★★★★★★★★★★

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    Hi

    you'll find plenty of domains wanted posts, where buyer says, they will pay 10%.
    so there is your quick flip market.

    imo...
     
  15. jhm

    jhm Glazed

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    10% of any domain referring to a GoDaddy appraisal? Who? One is enough
     

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