Before buying a domain, how can I know what the potential value is? Is the biggest indicator traffic? Is there a general stats that people go buy to determine the value. For example, if the domain is getting 10,000 visitors a month its wroth $500, if the domain is getting 50,000 visitors its worth 5 times more.
You should try to find a good appraisal website , are a lot these days , it`s not only about the traffic.
normally a domain can be purchased based on revenues. some people pay upto 5 years revenue if the traffic is steady
It is not only about the traffic, that is true. You can have more information to evaluate a domain by searching google with command: "allintitle:how to evaluate a domain". Have good progress
It depends, what the domain is worth to you and what it is worth to the holder are the 2 main factors. If your buying the business and not just the domain, that will jack the price up significantly.
Becarefull if you buy site that seller just give awstat data from cpanel this data not true visitor (robot etc)
Yeah cpanel is not true visitor state. Moreover, be wary of sites that buy bogus traffic so as to improve their stats
The value also depends on how many visitors are type-in, referer or search engine. Typein traffic is more stable and valuable than rest ones.