Estibot Domain Valuation... How good is it?

I have been using various domain valuation tools. As far as my knowledge I feel that Estibot is the best. Though its not accurate still best amongst the lot.

Do you have any better domain valuation tool... which is free and reliable.

Thanks

 

domain valuation bots always sucks. Don't forget they are only idiot bots.

 

As far as my experience says ... it sometimes gives a better understanding of where to invest and where not. I mixed experience. Still I am confused, and hence looking for responses.

Thanks for your though!

 

Estibot is probably one of the best, but still unreliable as no auto appraisal software will be able to give you an acurate figure

 

Each domain is different, and there might be some online use for it.
Potential buyers know what they would pay.
Potential sellers know what they will let a domain go for.
Appraisers don't now what's going on in the mind of seller and buyers.
Metrics are just numbers that predict nothing at all.
The commonly used valuation metrics are irrelevant.
There are little 3 or 4 character domains that describes a product.
Most 3 and 4 char domains are TM'ed abbreviations.
End users want a domain as a brand, address, or description.
Why would an end user think the asking price for the perfect domain is way too high?
Appraisals are just a matter of (make) Believe.

 

you should not trust the value of your domain which was estimated by estibot, but TotalSearch Data would give you enough idea about your domain..

 

Absolutely!

There is only one way to determine for sure the highest price the market will pay for your site and that's by putting it up for auction. Other than that the closest you can get to the market value is by using a valuation tool that prices your site based on what similar sites sold for. There is only one valuation tool that does that: ebizvaluations.com.

 

well I only consider the appraisals from humans

 

it's okay to check it out and consider it JUST another opinion. If someone is offering you $3.00 on a domain that estibot is estimating to be worth $30,000 - it might be reason to explore further and probably hold off on a crappy sale.

At the same time, it doesn't mean your $25 domain is worth 10x the price just because estibot says it does either...

 

Oh, good, there are a lot of dumb ass humans who'll be happy to value your site for a few dollars.

I've found that human valuations - even ones from the real professionals rather than the so many jackasses online - aren't worth much if the valuer is not willing to put his money where his mouth is.

 

I always compare domain names to art work - they're worth whatever someone is willing to pay for it.

I look at appraisals as giving me an idea of what a name's resale value in the general market might be - say Estibot values it at $300, then I figure that if I can buy it for $100 or less, then I have a decent chance of making a small profit on it.

However the same name might be worth a lot more to an end-user and there is really no way of telling how much they might be willing to pay for it - it comes down to your selling and negotiating skills. The trick, of course is to find the end-user.

Rob

 

Estibot is definitely the best automated domain appraisal tool. No automated tool can be completely accurate but it offers valuable information to assess a domain's value. If it states the domain value is reg fee, it's probably correct

 

Estibot gives valuations using a number of different factors. However, it doesnt consider the 'human element' which is the main factor for a domains price. So for a general estimation, then yes it is good.

 

There is many tools like Estibot:

[LINK]http://websiteprice.net/[/LINK]
[LINK]http://www.websiteoutlook.com/[/LINK]
...

 

It doesn't even consider the earning element. Some parked domains earn huge amounts of money and that makes a big difference to what buyers are willing to pay for them. Don't take into account earnings for these domains and the valuation is worthless.

As for the rest of their metrics - I just ran a search on a domain of mine that gets zero traffic. Estibot's estimate is 660 visitors a day - about 20,000 a month. That's a bit... way off. You think they'd get at least the page rank correct - it's showing a page rank of zero for a homepage that's actually a PR4.

 

Estibot is best appraisal tool i found and I was looking for lots of them. Sometimes is so accurate that i think someone is sitting there. I Was expecting "eb sucks" comments from "experienced" users, but esti is something that helps me a lot. Of cos we all know is a bot, so we consider that. EB is an best automatic second opinion and is free. Often EB is more accurate than many human forums.
Appraisal sucks by itself. Human or bot, it is always wrong. Even sale is not perfect appraisal, because next sale of same name will be different. Recent sales are not so usefull as some people think.

 

Hmm. And how do you know it is "accurate"?

 

When we talk about auto appraisals, we should all keep in mind that the object is just to give a guidance figure, at the end of the day we all know that a domain is worth what and end user will pay for it!!!

Many domains that fetch high prices are down to the seller doing lots of research and spending a lot of time sourcing out potential buyers for it.

Whilst estibot is a good tool, always keep in mind "what would you pay for it"

 

I know him personally.

 

websiteprice has valued one of my names at 0ver 2000USD
websiteoutlook has it at over 3000USD