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Domain Beginners and Newbies
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<blockquote data-quote="katherine" data-source="post: 2236536" data-attributes="member: 63835"><p>Yes, the newbie domainers.</p><p></p><p>I hope not. Actually, I don't think it has much influence at all.</p><p>Newbies who rely on this tool will be conned into thinking their crap domains are actually worth something. As for the semi-decent domains that they own, they will be often grossly overvalued.</p><p>End result: crap portfolio, or viable but overpriced domains => no sales.</p><p></p><p></p><p>Because they know better than (newbie) domainers.... but isn't it what we want: sell to end users for a great mark-up ?</p><p></p><p>Appraising is more art than science, and the best way to learn is to watch the market and check reported sales.</p><p>That is not enough, you still need brains and good analytical skills because many sales are one of a kind, and can't be used as a meaningful baseline.</p></blockquote><p></p>
[QUOTE="katherine, post: 2236536, member: 63835"] Yes, the newbie domainers. I hope not. Actually, I don't think it has much influence at all. Newbies who rely on this tool will be conned into thinking their crap domains are actually worth something. As for the semi-decent domains that they own, they will be often grossly overvalued. End result: crap portfolio, or viable but overpriced domains => no sales. Because they know better than (newbie) domainers.... but isn't it what we want: sell to end users for a great mark-up ? Appraising is more art than science, and the best way to learn is to watch the market and check reported sales. That is not enough, you still need brains and good analytical skills because many sales are one of a kind, and can't be used as a meaningful baseline. [/QUOTE]
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