- Joined
- Jul 18, 2008
- Messages
- 3,940
- Reaction score
- 0
Never used Estibot.
The only appraisal I know is the price a domain is sold.
The only appraisal I know is the price a domain is sold.
-
Welcome to DNForum.com - Domain Investor Forum, Free Domain Marketplace and a community for 45+ domain pros
If you are new to domains and looking to buy, sell and learn about domains then you have come to the right place. DNForum is the oldest global domain name community on the internet and continues to grow every day. There are over 45,000 domainers on DNForum doing everything from buying domains, selling domains, using our free in-house built tools, learning about domains and discussing domains. Take a minute and Register.
Domains and Appraisals
- Thread starter Rockefeller
- Start date
- Status
- Joined
- Dec 26, 2007
- Messages
- 7,357
- Reaction score
- 223
I fully agree and it is so true in just about every industry. It's the selling price that determines it's value.
- Joined
- Nov 26, 2007
- Messages
- 2,928
- Reaction score
- 84
Hey guys, I understand the sentiments above, but have to partially disagree.
Yes, each domain is unique. But we want some kind of order in the domain market, I think? Any economic system will seek some kind of order. Appraisal is part of assessing value. The appraisals can be off, and sometimes way off. But what are the alternatives?
People in domaining act like its so unique. What about art for example - if your painting is appraised at $100,000 and it sells for much more at an auction, because a couple of collectors got into a bidding war, do you then despise the appraiser? I dont think so. It just becomes news.
There is a lot of data now on domain prices, and that can certainly tell you patterns and trends, which feeds into an appraisal. From data we know that over 90% of the possible domains are basically worthless, most non-.com have little value except in unique cases, etc. In fact DnJournal has a data service for mining data prices, but it costs $750 and that is kind of pricey for me. Apparently it is aimed at helping only the more successful/rich domainers; the auctions are in that model too.
Maybe appraisal is better at telling us what is likely to suck, and not for predicting the high end of what has value. Any domainer can tell this at a glance but not end users or those unfamiliar.
I dont personally pay for appraisal but I think it has a role. And I dont think the appraisers intentionally undervalue domains, as some suggest.
Kevin
Yes, each domain is unique. But we want some kind of order in the domain market, I think? Any economic system will seek some kind of order. Appraisal is part of assessing value. The appraisals can be off, and sometimes way off. But what are the alternatives?
People in domaining act like its so unique. What about art for example - if your painting is appraised at $100,000 and it sells for much more at an auction, because a couple of collectors got into a bidding war, do you then despise the appraiser? I dont think so. It just becomes news.
There is a lot of data now on domain prices, and that can certainly tell you patterns and trends, which feeds into an appraisal. From data we know that over 90% of the possible domains are basically worthless, most non-.com have little value except in unique cases, etc. In fact DnJournal has a data service for mining data prices, but it costs $750 and that is kind of pricey for me. Apparently it is aimed at helping only the more successful/rich domainers; the auctions are in that model too.
Maybe appraisal is better at telling us what is likely to suck, and not for predicting the high end of what has value. Any domainer can tell this at a glance but not end users or those unfamiliar.
I dont personally pay for appraisal but I think it has a role. And I dont think the appraisers intentionally undervalue domains, as some suggest.
Kevin
- Joined
- Jul 27, 2002
- Messages
- 852
- Reaction score
- 0
To make property appraisal you need to have a license as Real estate agent, you make appraisal on Material things according to the market the houses sold near the house you want the appraisal, if there is a pool, backyard and so on, painting is different but cannot be made from a person that has joined a forum 2 days before so maybe doesn'thave any experience. Painting and property are completely different things. here you can find appraisal for a domain example.com that says $ XX, on property you will not find anibody that will say that your apartment on 54th street is valued at $xx.
We need to be realistics.
- Joined
- Apr 8, 2005
- Messages
- 8,011
- Reaction score
- 58
The alternative is knowing what a domain name is worth before you spend money on it.
I sold a couple of domain names last year at really low prices due to the official certified appraisals I had paid for and later on found out that it was a big waste of money. Believe in what you are doing and don't money on appraisals !
- Status