So GoDaddy released their appraisal tool for anyone to use.
Doron from Efty and DNGeek tweeted out this morning:
I’m pleasantly surprised with the quality of automated domain name appraisals of @GoDaddy‘s new appraisal tool https://t.co/7yr7VfMkDB and plan on using it for some end-user negotiations in the future.
— Doron Vermaat (@doronvermaat) December 1, 2017
I was not in 100% agreement on how good the tool actually is, I don’t know buyers will agree, I mean I am putting in random made up brandables everything over $1,000 so that might be too ambitious, because now every domainer will be like my names are worth $1,000 and I regged yesterday.
Now GoDaddy owns Namefind and they buy domain names, after checking out a lot of names in my portfolio with their tool, I would be happy to do some business with them at just 25 to 50% of their appraised value. Domaining is one of the few businesses I have found where people don’t buy your asset at a discount to the buyer’s own projected value.
There are things I like about the tool, like the comparable sales data right there on the screen.