New Sedo Price Suggestions tool

[radioz]

It is actually, arguably, impossible to do a real domain name appraisal that means much. It is doubly impossible for a robot to get this even vaguely right. This isn't like real estate where there may be ten 2 story 'colonials' that sold for an average of $XXX,XXX over the past six months in a certain area. Every domain, good or bad, is truly unique (and rare - I love that term!). Actual negotiation is the only way that value is determined and that is only relative to the parties involved.

I have one domain that I got early on (when you could actually get decent domains) that I had Sedo appraise before I knew better. The appraised it for $3,000. Today, years later, the robot actually agrees! The trouble is that I have passed on several $ XX,XXX offers for this domain. Something is wrong with both appraisals.

To be fair, Sedo is, in my opinion, one of the most honorable businesses in this 'wild west' domaining business. Their appraisals for good names tend to be low though and probably high for not so swift ones (most of them - including many of mine).

No one should pay for an appraisal or give any real credence to a robot one; period. You've got to do your own research and come up with your own (flawed) value. At least that won't cost anything and it will likely be better then the 'robo' appraisal if you've been doing this for a while.

[carledgar]

Originally Posted by Acro

Most auto-appraising tools are useless.

could not agree more - I find the same thing with automatic categorisation when I add domains at - say - sedo -

Carl

One way to check auto appraisers is to enter names you or other people have sold and see how the appraisal rates.

egforex.com sold for US$10K (sedo) (a few days lqater for US$12995 at afternic from which it hadn't been pulled in time) esdtibot gives it US$660.

molecularcapital.com sold in 2007 for about $6500 (possibly 7K) and estibot rates it at US$60

nuff said

C

[exxe]

Well, all of the appraisals are useless, automatic or not. I've had a domain appraised by the SEDO team, at the buyer request, and I've sold it at 2.5x the appraised price (to the same buyer who ordered the appraisal).

The auto-appraisals are just a curiosity, nothing more.

Originally Posted by carledgar

molecularcapital.com sold in 2007 for about $6500 (possibly 7K) and estibot rates it at US$60

I agree with Estibot on this one.

[Prospecting]

Sedo is targeting the millions of inexperience domainers with their new pricing tool. Entirely different demographic than the majority of DnForum members.

They convince a new domainer to auction/sell a domain for other than its top value, sedo captures their commission at initial point of sale and as we see more and more, sedo and other houses are auctioning the same domain over and over capturing commission each time. This is my kind of business proposal, go Sedo.