Are Domain Appraisals Really Worth Paying For ?

Are Domain Appraisals Really Worth Paying For ?

I am typically asked by area owners if they really should get their domains appraised by a skilled area appraisal service. This is really a touchy topic and you will get various opinions depending on whose guidance you listen to (area owners’ or appraisal services’)!!! From my own experience, I can say that obtaining your domain appraised is an exercise in futility.

Are Domain Appraisals Really Worth Paying For ?
Websites marketplace FlippO

Domains are like pieces of art. One cannot really use a personal computer model, howsoever advanced it may be, to evaluate domains. You’ll need the human touch to fully grasp the benefit of a domain name. A painting by Vincent Van Gogh and an uknown artist may feature the same Dutch landscape, but the former would be worth millions of dollars while the latter may possibly be worthless. Regrettably, most in the skilled domain appraisal services are merely glorified bots that spew an automated worth for a domain type. To truly get the actual market significance of a domain name, you’ll need somebody familiar with domains to put a price on the identify.

The ideal people to do this, of course, are fellow area owners and traders. Folks who have bought and sold hundreds of domains and comply with the industry regularly have a fair notion how a lot a identify may be worth. By searching on the name’s features, an experienced area trader can predict its cost in a fair and competitive marketplace. Instead of taking a look at quantifiable values (number of letters, order of letters, extension, etc.), they look with the name’s marketability to figure out the significance of the area. The finest location to obtain an appraisal done by fellow area traders is on the forums, DNForum.com and NamePros.com. These communities are full of domainers who are always willing to help out others and will give you free of charge suggestions as to your domain’s feasible value. Just make certain to adhere to the rules from the respective forum and not spam it with a huge selection of appraisal requests. If you’re really keen to acquire an automated appraisal carried out, a very good spot to begin is Estibot. This appraisal service is no cost and gives some with the most accurate predictions. Estibot is a good tool in case you want to get a huge selection of area appraised and cannot bother posting each individually on the forums.