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Estibot valuations

Discussion in 'New Domainers' started by shaper, Sep 16, 2014.

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  1. shaper

    shaper New Member

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    As someone who is fairly new to domain name pricing it would be interesting to know how services such as Estibot come up with valuations and how accurate these are compared to real world pricing. It appears to me that the valuations v prices achieved are way out of line.

    Can anyone give me a steer on this?
     
  2. Domain Forum

    Acorn Domains Elite Member

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    IWA Meetup
     
  3. Retired_Member38

    Retired_Member38 Banned

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    Estibot estimates are horrific. They're bordering on being a random number generator.

    There is no value whatsoever to an estibot valuation. If anything, you seriously harm your own credibility in a sales thread by trying to justify a price with an estibot number....

    avoid at all costs.
     
  4. devilsrefugee

    devilsrefugee Active Member

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    ill take a wild stab at one of your domains value.

    £49.78

    That is equivalent to an estibot appraisal.
     
  5. Jamie101 Ireland

    Jamie101 Well-Known Member

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    Here's a better option than using estibot valuations:

    1. Roll a dice.

    2. Write the number down on paper.

    3. Roll the dice several more times, the number of times is the number you just wrote down.

    4. Get another sheet of paper and write down all the numbers that you get from the dice rolls.

    5. That's the price, well done.

    Example:

    Dice first lands on a 5.

    Next is a 3, then a 5, then 6, another 3 and finally a 4.

    Your domain is officially worth £35,634

    Sent from my GT-I9300 using Tapatalk 2
     
  6. shaper

    shaper New Member

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    Great feedback!

    All,

    Thanks for the advice.

    I suspected as much from looking at a few valuations against what I was seeing domains being sold at.

    Thanks for the confirmation. I see people using these valuations as pricing justification on some sites and I thought I would check that I wasn't wrong in my thinking.

    Cheers.
     
  7. investments Canada

    investments Member

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    Estibot is good when you are looking at 100-1000s of names

    I use it when I am given a big list
    Not to get an idea of price but to sort names based on some sort of value

    Names 5000+ you should look at
    You might only offer 50-200 for that name but it does help on huge lists
     
  8. scottmccloud

    scottmccloud Well-Known Member

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    It doesn't.
     
  9. namealot United Kingdom

    namealot Well-Known Member

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    easiest ways to get an idea if a name has value is offer it to potential customers or put up a holding page with contact details, If you get offers chances are it does if not look at dropping when renewal comes along or you’ll find like so many that you have a portfolio that’s worth nothing :)
     
  10. Skinner

    Skinner Well-Known Member

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    You would be better going though dnjournal sales, watch domain lore sales, check out sedo auction sales, and domainprices.co.uk, you'll get an idea that way. be aware of the dates some of these sold tho, as times a' changing.
     
  11. sdsinc Iceland

    sdsinc Active Member

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    The appraisals are as accurate as the horoscope.

    There is one exception, for domain names from reported sales.

    So if a domain has sold for £1700, the 'estimated' value will be around £1500 or something.

    LOL
     
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