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reviews Why it's not valuable according to Estibot

Dynadot

NameOptions

Upgraded Member
Impact
31
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.
 
Impact
10,677
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.
 

Samer

Top Contributor
Impact
21,110
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.
 
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Future Sensors

78% of human domainers will be replaced by robots
Impact
10,704

NameOptions

Upgraded Member
Impact
31
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.
 

Samer

Top Contributor
Impact
21,110
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CraigD

Top Contributor
Impact
11,553
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?
 
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Impact
13,531
i opted for their cheap $10 mo option.

@ $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...
 
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jhm

Top Contributor
Impact
8,378
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
 
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Lox

_____
Impact
7,672
... maybe i should get into the "crystal ball" business too

ballesti.jpeg
 
Name Worth