some domainers are so confused, that they....

**biggedon** · 08-04-2009, 08:56 PM

while browsing some sales threads, i see a few of these:

some domainers are confused, but usually that only last until they get more knowledge

yet there are some domainers who think they know stuff and still do dumb stuff

here's my observation:

some domainers are so confused,

that they put a higher BIN price for the domain in their posts, than the "appraised value" they get from estibot, which is also posted in the same thread.

so where is the logic in that?

are some domainers that confused....or is it me?

**copper** · 08-04-2009, 09:04 PM

lol

**Ervin** · 08-04-2009, 09:05 PM

Sometime I found the crappy domain with high BIN in sales thread. lol..

**mjnels** · 08-04-2009, 09:11 PM

i just want some of that stuff you're getting up there in Chicago, cptn late night pot thoughts.

i think anyone that ever mentions estibot is confused.. except using it in this sentence.

**MacyT.** · 08-04-2009, 10:03 PM

Originally Posted by mjnels

i just want some of that stuff you're getting up there in Chicago, cptn late night pot thoughts.

i think anyone that ever mentions estibot is confused.. except using it in this sentence.

Not confused necessarily...look, whatever gets the sale, right? It's helped me in other places - and am aware it usually would be a detriment here...but it doesn't mean we're (estibot quoters) all confused all the time

**JohnNapoletano** · 08-04-2009, 10:33 PM

I don't think you can can depend on appraisers alone to value a domain. If you work a market long enough, you get a feel for a domains value. Consider that if the appraiser says "comparable sales for two word domains were $xxx" and those two words doen't match well against your domain word choice. Not sure how estibot does it, but it's just as easy to look at recent sales for comparibles and what's available for pickings on the market at what price today. You will probably think more about the value yourself this way compared to paying someone $50 for an thoughtless appraisal.

Not defending anyone new. I'm pretty new here too.

**tonyfloyd** · 08-04-2009, 10:37 PM

Originally Posted by biggedon

while browsing some sales threads, i see a few of these:

some domainers are confused, but usually that only last until they get more knowledge

yet there are some domainers who think they know stuff and still do dumb stuff

here's my observation:

some domainers are so confused,

that they put a higher BIN price for the domain in their posts, than the "appraised value" they get from estibot, which is also posted in the same thread.

so where is the logic in that?

are some domainers that confused....or is it me?

it's you...

**victornumber** · 08-04-2009, 11:04 PM

a name's what the buyer is willing to pay. Who knows. People don't get something until they ask for it.

**Doc** · 08-05-2009, 12:08 AM

Originally Posted by victornumber

a name's what the buyer is willing to pay. Who knows. People don't get something until they ask for it.

Quite right.A name's essentially worth what the buyer is willing to pay(preferably end-user) . :E: Yeah seller is equally imp.

On the question of estibot , yes appraisals may be off the mark most times but many a sale has been reached that way . As long as anything helps sell, it's fine.

**victornumber** · 08-05-2009, 02:28 AM

I believe estibot can work for the seller if the actual domain is not worth as much as the estibot value. The problems comes when the name is worth more than the estibot value and thus works for the buyer and against the seller. I see names which estibot gives $200-300 value but is sold among resellers let alone endusers for $1k+

**biggedon** · 08-05-2009, 09:51 AM

Originally Posted by mjnels

i just want some of that stuff you're getting up there in Chicago, cptn late night pot thoughts.

i think anyone that ever mentions estibot is confused.. except using it in this sentence.

the green is good in Chitown and i agree with you about the bot.

but...

it was very hard for me to write the initial post and "include" the word estibot

because i knew that the thread would turn into a discussion about the bot and the majority of replies would miss everything in between.

the bot is irrelevant specifically, because it could be from "ANY" appraisal service.

the fact that "an appraisal" was included in the post, along with the price of the domain, which was HIGHER, than the appraised value....is the point.

nothing else

now if someone can interpret the point for others...that would be nice

**ecomindia** · 08-05-2009, 10:18 AM

appraisal value comes into seen when an underrated domain is given (estimated/appriased) at more then expected value and in that optimsm, a person tend to ask double of the appraised value

I have seen many in this and many in other forums doing this stupidity
Things should be clear, appraisal is just an estimation / an assumption of one individual or an entity.

There are some real funny results of the biggest brands in this industry appraised by these companies at the price that even a newbie may imagine to buy it in cash!

**biggedon** · 08-05-2009, 10:58 AM

Originally Posted by ecomindia

appraisal value comes into seen when an underrated domain is given (estimated/appriased) at more then expected value and in that optimsm, a person tend to ask double of the appraised value

I have seen many in this and many in other forums doing this stupidity
Things should be clear, appraisal is just an estimation / an assumption of one individual or an entity.

There are some real funny results of the biggest brands in this industry appraised by these companies at the price that even a newbie may imagine to buy it in cash!

i know you tried...

but i don't understand what you're really trying to say.

thus making it seem more confusing

**Anthony Ng** · 08-05-2009, 10:59 AM

Originally Posted by victornumber

a name's what the buyer is willing to pay. Who knows.

Originally Posted by Doc

Quite right.A name's essentially worth what the buyer is willing to pay

Allow me to remind everyone that the SELLER plays an equally important role in any sale for determining the PRICE. It takes two to tango, remember?

**ecomindia** · 08-05-2009, 11:05 AM

Biggie.. keeeping it simple... appraisals are just a support for low cost domains.!!

Will you sell LLL.com or 1 word GENERIC/ Premium .com with an estibot appraier or be it any appriasal value? No, not for premium domains.

Appraisals come for medium or low ball domains ;-)

are some domainers that confused....or is it me?

Hmmmm ..

**mjnels** · 08-05-2009, 11:09 AM

Originally Posted by biggedon

the fact that "an appraisal" was included in the post, along with the price of the domain, which was HIGHER, than the appraised value....is the point.

nothing else

now if someone can interpret the point for others...that would be nice

people do this because they think if they overprice the domain they will get an offer at the amount they *really* had in mind.. which is probably inflated as well if its even loosely based on anyone's appraisal.. bot or human.

this strategy doesnt really work though.. it will just usually scare people away.

**biggedon** · 08-05-2009, 11:41 AM

Originally Posted by mjnels

people do this because they think if they overprice the domain they will get an offer at the amount they *really* had in mind.. which is probably inflated as well if its even loosely based on anyone's appraisal.. bot or human.

this strategy doesnt really work though.. it will just usually scare people away.

so why not just put the price and leave out the appraisal, when the appraised value is lower than what you're asking for the domain?

that was point that i was trying to illustrate.

it doesn't make sense to list a domain for sale @ $1200.00 when you have posted the appraised value of $300.

**Doc** · 08-05-2009, 11:50 AM

Originally Posted by biggedon

so why not just put the price and leave out the appraisal, when the appraised value is lower than what you're asking for the domain?

that was point that i was trying to illustrate.

it doesn't make sense to list a domain for sale @ $1200.00 when you have posted the appraised value of $300.

I agree with u on this, it's mindless to ask for a higher value after posting a lower appraisal value.

Originally Posted by nameslave

Allow me to remind everyone that the SELLER plays an equally important role in any sale for determining the PRICE. It takes two to tango, remember?

Of course both seller and buyer play equally important roles.There's a saying in Hindi "Taali ek haath se nahin bajti" meaning "one can't clap with just one hand"

We have to be realistic with the price keeping in mind that buyer will only pay to an extent. And also if someone's lowballing , just ignore/refuse. After all no one's going to sell a good domain for pennies.So basically both seller & buyer play equal roles.

**mjnels** · 08-05-2009, 12:18 PM

Originally Posted by biggedon

so why not just put the price and leave out the appraisal, when the appraised value is lower than what you're asking for the domain?

that was point that i was trying to illustrate.

it doesn't make sense to list a domain for sale @ $1200.00 when you have posted the appraised value of $300.

im not saying it makes sense... was just explaining their logic behind this which doesnt usually work anyway.

what goes through their mind is likely "hmmm, im going to post the BIN price for $1,200 and hopefully someone will simply offer me the appraised value of $300 thinking that they are lowballing me and then i will accept it."