Domain Name Appraisals
If you are considering making a premium domain name purchase, you will definitely want to pay a fair price for the premium domain name.
If you are selling a premium domain name, you will definitely want to sell the domain for a reasonable market price and not anything below what the domain could be worth.
There are many methods used to value domain names. There are also a lot of things to take into consideration when valuing a domain name.
eBusinessDomains.com does not offer domain appraisal services. This would pose a possible conflict of interest.
Where domain brokers are concerned, a domain broker may be tempted to over-value a domain name in order to earn a higher commission. On the other hand, he may also be motivated to value the domain at a lower price in order to secure a quick sale.
If you are interested in knowing how much a domain name is worth, simply order a domain appraisal from an independent party. Here are some recommend domain appraisal service e providers:
Widest.com is owned by Widest Media, the parent company of eBusinessDomains.com. However, Widest.com simply resells the services of an unrelated/unconnected company, and has no influence whatsoever in the domain appraisal process.
Wevaluer.com is one of our sponsors/advertisers. We have not used this service as yet, but their website does seem very professional. The people who run the website sound pretty decent and genuine as well.
November 17th, 2008 at 2:04 pm
IMO, domain name appraisals are worthless. Why would I pay somebody to tell me my domain name is worth X amount, when the next day I could get an offer for 10 x’s more then the appraisal amount?
You could also get a domain appraisal for way More then anybody would ever pay for your domain and be sitting around for 10 years with False Hope, paying renewal fees on a domain name that wasn’t worth the reg fee from the start…
Go by your gut. Use services like NameBio.com to compare sold prices and show an interested party WHY your domain name is worth X amount. Not based on a paid guess by a domain appraisal company.
November 17th, 2008 at 10:01 pm
Jamie, sometimes domain appraisals can be useless if they are used for the wrong purposes.
For the benefit of end-users, it should be noted that a domain appraisal cannot dictate the price at which a domain name is sold. A domain appraisal merely gives an “idea” as to what a domain name could be worth, or simply, provokes the thought process in terms of the important attributed of the domain name.
These attributes would include search frequency for relevant keyword terms, past sales data for similar domains, and some basic market research with regards to the industry/sector that the domain name relates to.
A detailed domain appraisal can give a few more details more than just an estimate of value.
“You could also get a domain appraisal for way More then anybody would ever pay for your domain and be sitting around for 10 years with False Hope, paying renewal fees on a domain name that wasn’t worth the reg fee from the start”
You are right. The problem here is that some domains should not have been registered in the first place. The domain appraiser does not want to turn down the transaction and so he gives a “normal” appraisal, which would most likely include fairy tale assumptions.
Two different parties could appraise the same domain on the same day, but yet come up with highly contrasting valuations.
This is because there is proven or established science of domain valuation.
As I said, a domain appraisal can only give an “idea” or provoke a thought process. Some domain appraisals will go close to what the market trend is, while some will be lost useful in the ancillary information that they provide.