Welcome to WebmasterWorld Guest from 18.208.186.19

Forum Moderators: buckworks & webwork

Message Too Old, No Replies

Do you need an appraisal to sell a site

Some guy keeps asking for one

     
9:26 pm on Apr 8, 2004 (gmt 0)

Full Member

joined:Jan 31, 2004
posts:230
votes: 0


I put a site up for sale on ebay and some guy says he wants to buy it but wants an appraisal. I have never done this before in buying or selling. You either know what you want to pay or you don't. Right.

Well when he asks for the appraisal he suggests 2 sites to have it done at. My thought is this is some guy trying to get people to come to his sites and make money off of an appraisal. I will get the appraisal and he decides not to buy it. I am sure that is how it will go.

I am not falling for that.

9:36 pm on Apr 8, 2004 (gmt 0)

Full Member from CA 

10+ Year Member

joined:July 2, 2003
posts:210
votes: 0


That's a known scam -- your intuition is correct. The guy doing that used to email from a free @rock.com email address.
9:48 pm on Apr 8, 2004 (gmt 0)

Full Member

joined:Jan 31, 2004
posts:230
votes: 0


I guess I should have known when he used the name James Brown. The email was @tvslave.com.

It is just so obvious. I got another email the other day saying it was from citibank saying I needed to put in my atm card number and pin at some .de website so I could verify my email. That was funny. Anybody that fell for that paid a stupid tax.

9:16 am on Apr 9, 2004 (gmt 0)

Senior Member

WebmasterWorld Senior Member 10+ Year Member

joined:Mar 10, 2004
posts:1342
votes: 0


Good scam, good catch, good post. An appraisal is a good idea for a certain price, but yes, highly suspect when someone proposes which service to use.
12:42 pm on Apr 9, 2004 (gmt 0)

Junior Member

10+ Year Member

joined:Feb 27, 2004
posts:73
votes: 0


Nobody legitimately trying to buy a domain from someone is ever going to ask the current owner to pay for an appraisal, it's ridiculous.

They aren't going to care what some other site thinks the value is, only what they want to pay. Appraisal services almost always give out numbers that are quite a bit higher (often amazingly so) than what is realistic for the market. So if you pay for an appraisal somewhere odds are good that the number they come up with will be lots more than what they could have paid you to get it (well, assuming you want to part with it at a realistic price).

11:20 pm on Apr 9, 2004 (gmt 0)

Senior Member

WebmasterWorld Senior Member 10+ Year Member

joined:Mar 10, 2004
posts:1342
votes: 0


I wouldn't sell a business without using a 3rd party appraisal.

As a seller, I would not want someone to get the details on my business.

As a buyer, I would need to be confident that I am getting what I am buying.

(Obviously, the business goes in escrow..)

These are for 100K+ businesses though.

2:35 am on Apr 10, 2004 (gmt 0)

Moderator This Forum

WebmasterWorld Administrator webwork is a WebmasterWorld Top Contributor of All Time 10+ Year Member Top Contributors Of The Month

joined:June 2, 2003
posts:8055
votes: 101


It's a well known scam often discussed in domain name forums.
7:21 pm on Apr 10, 2004 (gmt 0)

Moderator from US 

WebmasterWorld Administrator 10+ Year Member

joined:Dec 3, 2002
posts:1936
votes: 13


James Brown emailed me too... he recommended 3 domain appraisal sites to me!

Sticky me, we should share notes!