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Domain Discussion
Domain Beginners and Newbies
estibot?
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<blockquote data-quote="jdwaverly" data-source="post: 2236524" data-attributes="member: 322542959"><p>I don't think anybody mentioned this so I will..</p><p></p><p>An Estibot appraisal is as important as people think it is. Let me explain.</p><p></p><p>The classic answer to the question : "What is a domain worth?"</p><p>"Whatever somebody is willing to pay for it!"</p><p></p><p>When that somebody is other domainers, there are a significant number who use Estibot as their primary valuation tool.</p><p></p><p>I LOVE IT when Estibot gives a low value for a domain, that I believe is valuable. Because I will probably win the auction.</p><p>This doesn't always hold but it happens enough that I find Estibot useful for this purpose.</p><p></p><p>It's also a factor for sales to other domainers who use Estibot as their ceiling for what they will pay.</p><p></p><p>So in these examples, Estibot becomes a self fulfilling prophecy for buying and selling between domainers. i.e. because a significant number use it</p><p>IT AFFECTS the actual sales price of domains.</p><p></p><p>In general, Estibot isn't a factor for end user sales since virtually none of them use it.</p></blockquote><p></p>
[QUOTE="jdwaverly, post: 2236524, member: 322542959"] I don't think anybody mentioned this so I will.. An Estibot appraisal is as important as people think it is. Let me explain. The classic answer to the question : "What is a domain worth?" "Whatever somebody is willing to pay for it!" When that somebody is other domainers, there are a significant number who use Estibot as their primary valuation tool. I LOVE IT when Estibot gives a low value for a domain, that I believe is valuable. Because I will probably win the auction. This doesn't always hold but it happens enough that I find Estibot useful for this purpose. It's also a factor for sales to other domainers who use Estibot as their ceiling for what they will pay. So in these examples, Estibot becomes a self fulfilling prophecy for buying and selling between domainers. i.e. because a significant number use it IT AFFECTS the actual sales price of domains. In general, Estibot isn't a factor for end user sales since virtually none of them use it. [/QUOTE]
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