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Can you give approximate value to my domain?
domain name appraisal
aldi




msg:4328584
 3:24 am on Jun 21, 2011 (gmt 0)

Hi!

Recently, I bought 9 years old domain name at #*$! forum. I used some free apparaisals that give approximate value $17K. I see the re are too many domain professionals

<Domain name removed by Webwork/Moderator>

Thank you in advance
Aldi

[edited by: Webwork at 2:10 pm (utc) on Jun 21, 2011]

 

Webwork




msg:4328771
 2:20 pm on Jun 21, 2011 (gmt 0)

Hello aldi. Welcome to WebmasterWorld and the Domain Name Forum.

We don't allow members to post their domain names as such practices then to turn forums - especially those domain forums that are "only part of" a larger forum (like WebmasterWorld) - into commercial (buy,sell,solicit inquiries) hubs. WebmasterWorld strongly discourages attempt to turn its forums into commercial (spam laden) venues and, instead, tries to function more as an educational hub (with limits, such as not listing specific domains.)

No one person or even a dozen can "tell you" - to any degree of certainty - what a specific domain name will sell for at a given time to an enduser (highest value) or the domainer market (lowest value in most cases, often based upon a multiple of current revenue). There are really only 4 ways to nail down the value of a domain.

1. Put the domain up for sale, no reserve, in a well publicized and well attended auction. Lately, most auctions are poorly publicized (only to domainers, whose aim is to buy domains on the cheap) and live auctions have lost their luster due to poor selections, overpriced domains and a down economy.

2. List the domain for sale at every "free" venue you can, such as domain forums that allow this, and post it on the domain aftermarkets (Afternic, Sedo, etc.)

3. Attempt to identify and contact endusers who would be interested. This is a practice that requires a good deal of intelligence and some measure of experience in selling.

4. Wait for someone to contact you.

I saw the domain. I wasn't impressed. The free appraisals may give you hope, so you can start by listing the domain at their value estimate. I, personally, wouldn't buy your domain at any price. I just don't see the inherent value, i.e., the value that is found in domains that are widely used generic words or short phrases of a highly commercial and highly valuable nature: HomeLoan.tld, PersonalInjuryLawyer.tld, CreditCards.tld, etc. You might find an enduser buyer in the $$$ to very low $$$$ range - without waiting forever - but that's just one man's opinion.

You can check the sales listed at DNJournal.com to see how other people have fared in their sales of similar catchy, clever, meaningful but not particularly robust domain names. There are quite a few $1000-$5000 domain sales each year of domains that I wouldn't buy at those prices. ;)

wheel




msg:4328775
 2:27 pm on Jun 21, 2011 (gmt 0)

I, personally, wouldn't buy your domain at any price.

You just got your domain appraisal right there.

bw100




msg:4328796
 3:11 pm on Jun 21, 2011 (gmt 0)

I, personally, wouldn't buy your domain at any price.

You just got your domain appraisal right there.


I wouldn't be so harsh.
The relationship of price to value is not an absolute, and is greatly influenced by both seller and buyer perception.

Remember:
"one man's trash is another man's treasure"
"beauty is in the eye of the beholder"

There are quite a few $1000-$5000 domain sales each year of domains that I wouldn't buy at those prices.


This is precisely the point: while webwork felt that the prices did not reflect the value of the domain, others did, and they bought.

IMO, if you can manage to be realistic, positive and unemotional about the (subjective) value of your domain, you'll negotiate better.

Good luck!

wheel




msg:4328808
 3:43 pm on Jun 21, 2011 (gmt 0)

I wouldn't be so harsh.

I would. Webwork knows what he's talking about, they just got a free professional appraisal.

Second appraisal, what did the purchaser just pay? That's how much the domain is worth on the open market - and I think it's a safe assumption that they were the top bidder so that amount would be the upper limit.

So a pretty good appraisal would be somewhere between $0 and what was just paid.

Unless there's something else going on like revenue or something (probably not mentioned for a reason), then I doubt there's much else to increase the value of the domain.

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