Domain Name Appraisal Information
March 6, 2010 by admin
Filed under Tips and Information
Like every single piece of real estate is different, so is every domain name. Some domain names are worth more to buyers than others. Domain name appraisal attempt to put a valuation on a name. Domain name appraisals have emerged out buying and selling domain names. So what exactly is the domain name appraisal?
The domain name appraisal is the result of figuring out what a certain domain name is worth. This is much like a real estate appraisal and other forms of appraisals. However, unlike other appraisals, domain name appraisals do not have a long history, or a standard methodology. As a result, keep in mind that that the domain name appraisal remains an opinion.
Even though the domain name appraisal is really just an opinion, an appraisal can still be helpful. It may not only give the domain name owners an opinion, but also signal to the owners what price they might seek when selling the domain. As such, the domain name appraisal adds some justification to the asking price.
In a domain name appraisal, a number of factors are mostly considered. These factors include the domain name’s length, keyword value, number of monthly searches, past sales and range of potential uses.
There are a number of sites such as estibot.com that offer a free, instant appraisal. Many industry veterans consider these to be worthless and misleading. So, don’t get too caught up in the results of a free appraisal. Sedo.com, a major service for buying and selling domains, charges $29 and $49 for its appraisals (depending on the level of detail and thoroughness).
Domain name appraisals are only a means of determining a market price of a domain name. The true market price is what someone is willing to pay for it. So if a domain is appraised at a high value, it doesn’t mean that it will sell quickly. It just means that you picked a relatively better name than many others.
