Using our friends over at Esitbot.com valuation tool, we ran the domains in the AfterMarket.com auction, which closes on Tuesday, but it already opened for prebidding, to find the “Best Buys”.
According to Estibot.com here are the domains with the lowest Starting price to Estibot appraisal (any domain in bold already has a bid as of time of publication):
Also please note that the prices stated in the auction are not reserve prices but starting prices so even though you are the high bidder for a domain you may not get it.
Domain Starting Price Esitbot Appraisal
Baby.net $44,000 $190,000
TravelPlans.com $20,000 $80,000
Tale.com $8,000 $77,000
DurableGoods.com $2,000 $68,000
Loco.com $28,000 $59,000
InsectControl.com $4,600 $52,000
Cutout.com $2,300 $43,000
Antiseptic.com $5,000 $37,000
Stenography.com $13,000 $37,000
Demetrius.com $1,900 $26,000
FurnitureCatalog.com $3,600 $23,000
girlbands.com $3,500 $18,000
Doodling.com $4,700 $17,000
GJR.com $4,200 $13,000
TeaMakers.com $4,500 $9,600
Groomed.com $2,400 $7,100
IceSkating.net $600 $6,900
HomeCleaners.com $3,300 $6,800
PartyToys.com $1,500 $6,000
LearnToGolf.com $500 $5,300
BlockAds.com $500 $3,100
Speak.com $90,000 $130,000
On the negative side, Esitbot flagged 2 domains as being way overpriced.
Weddingstore.com with a reserve of $40K got only an $8K appraisal and Autofinder.com with a $1.65M reserve gets only a $87,000 appraisal (of course this is a site and Esitbot only values based on the domain).
On the rest of the domains the reserve and appraisal were pretty close making them fairly priced.
Best of luck to all
Best of luck to all
Is there a 2009 version of Estibot? 🙂
The “reserve” colum is in fact the “starting bid” column.
MHB –
How accurate do you consider Estibot? I’ve used it in the past, but have ended up with a few appraisals that were real head scratchers. Do you trust the appraisals?
Hey Estibot, try value BullShitWebsites.com….
that what your site is….
Lou
I think Estibot has a use, like all tools do.
If it values a domain at $60K I think the domain has value, not necessarily $60K or even 20K, but a value.
So if your looking at a domain like DurableGoods.com which has a $68K value and a $2K reserve, its probably a good buy.
Do I think DurableGoods.com is worth $68K or you will be able to sell it for that, No.
On the other hand domains with low values probably have a low value. Domains it values at “Reg fee” probably are not worth much.
Having said that keep in mind that Estibot is automated, no eyeballs are looking at the domain, so the value is not going to be incredibly accurate.
Also the tool can only be used to value a pure domain, not the site on it.
Also the tool only covers .com, net and .org’s, don’t try to use it for a .me for example.
MHB
it all depends on the law of demand and supply. How much the user is willing to pay.
Bull
That is always the case.
Mike,
You are more trusting than me.
I give estibot very little credibility.
I think generally estibot overvalues domains, especially lately, as JS said, “Is there a 2009 version of Estibot?”.
I guess we will see when the results come in. Having said that it is still the best automated appraisal system by a very wide margin.
I guess we will see when the results come in. Having said that it is still the best automated appraisal system by a very wide margin.””””
How so?
It amazes to think what a profound effect Estibot has had on the industry. Kudos to estibot for that accomplishment.
Realisitcally, you can use estibot to your advantage and it can work to your disadvantage depending on your position. I’m sure the domain owners selling in this auction are real excited about estibot right now.
Like Mike said, Estibot has a “use” just like any other tool. I just use estibot to get sort of an “idea” of how excited I should be about a domain. If estibot gives a domain 6 figures then I like the domain more than if it had 5 figures. I kind of look at it as more of a star rating than a dollar rating. Its just another metric in the decision making process. Although we shouldn’t disregard that fact that so many domainers actually blindly trust those estibot appraisals, even if they say they don’t.
‘Its just another metric in the decision making process. ” -jp
My approach is similar to JP’s. Estibot is one of 4 or 5 tools I use when I evaluate a domain (the rest are not appraisal tools).
If all a domain has going for itself is a good Estibot value, I will consider getting it for reg fee up to $59 or whatever the backorder fee is. These names usually don’t make much money from parking but the chance of selling them for $500 or more is decent.
If a domain looks great by all 5 of my tools, it’s usually a parking winner as well as a name a business would want. In this case, I use a formula to calculate what that domain would make in 5-7 years and that sets the upper limit on how much I’d spend for it. It also depends on how many words are in the domain. If it’s a one worder, I’d go as high as 20x earnings and if it’s 3 or more, I’d go as low as 2x earnings.
I know there are a few people who have this down to an exact science. The greatness of those like Frank, Kevin, Yun Yi, Rick, Mike, etc, is that they were able to do this before PPC was mainstream and before these tools were available.
Hi Mike,
No smart domainer would ever use an automated “domain appraisal” website service to determine their domain’s value. You need to have a human eyeball or two on that domain, in order to give your domain an analysis of the almost 100 variables of how to give that domain value.
I want to give you credit for giving me a subject matter to write about on my own blogsite. My comment here was too long so I moved it to my blog. I will give you a linkback on my site.
This is an important subject to discuss for domainers, because renewing a large domain portfolio can be costly, and you don’t want to keep renewing domains that you “like” but don’t have a chance to be a brand or generic descriptive niche domain that can create optimum monetization paths for itself.
My good buddies Adam Strong and Frank Michlick at http://www.domainconsultant.com provide excellent appraisal services. Rob Sequin is also very good. They are putting their eyes on your domains and they have qualified understanding about domain values, and they don’t use some code to try to “appraise” your domain.
For more info regarding appraisals and understanding your domains’ value and how to go about inexpensively finding out how to know if you’re on the right track, I humbly ask for a link to my blog showing my reply about your article. http://www.successclick.com
Thanks Mike.