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Hey I'm rich... maybe?

by thedog
28 replies
I just bought a .com there.

Used estibot to appraise it... $ 275,000 USD

Right, I know these things aren't very accurate.. and a domain is only worth what a person is willing to pay for it... but can I take anything from that?

Hey I'd be happy with 1% of that

I'm new to this domain game... so before someone shoots me down... I'm just asking, is this normal? Valuations this high? Or do they mean nothing?
#hey #rich
  • Profile picture of the author laurenswuyts
    I wouldn't trust it, most of these things aren't accurate.
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    • Profile picture of the author thedog
      Originally Posted by laurenswuyts View Post

      I wouldn't trust it, most of these things aren't accurate.

      So I should hold off on the porche brochures for now?
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      • Profile picture of the author paulie888
        Originally Posted by thedog View Post

        So I should hold off on the porche brochures for now?
        I'd say that estibot is only vaguely accurate if the domain contains popular keywords that are looked up in the search engines - does your domain contain recognizable keywords?
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        • Profile picture of the author thedog
          Originally Posted by paulie888 View Post

          I'd say that estibot is only vaguely accurate if the domain contains popular keywords that are looked up in the search engines - does your domain contain recognizable keywords?
          Yes, very recognizable, and in the right order.

          I'm trying to get exact numbers, but I'm in China, and the internet is slower than usual today.
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          • Profile picture of the author paulie888
            Originally Posted by thedog View Post

            Yes, very recognizable, and in the right order.

            I'm trying to get exact numbers, but I'm in China, and the internet is slower than usual today.
            If you can provide some numbers and perhaps the niche the domain is tied to, then this would certainly shed some light on whether this estimation is even vaguely in the ballpark.
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            • Profile picture of the author thedog
              Originally Posted by paulie888 View Post

              If you can provide some numbers and perhaps the niche the domain is tied to, then this would certainly shed some light on whether this estimation is even vaguely in the ballpark.
              Only 100 exact monthly searches.. when I switch the city name, putting it at the end, there's 300 matches... but .net .com and .org is gone for that.

              Does having the city name first usually better?

              ie, newyorkdentalservice or is dentalservicenewyork better?

              the one I have is not a dental service, it's a service in the entertainment industry... so fitting for Hollywood.
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              • Profile picture of the author paulie888
                Originally Posted by thedog View Post

                Only 100 exact monthly searches.. when I switch the city name, putting it at the end, there's 300 matches... but .net .com and .org is gone for that.

                Does having the city name first usually better?

                ie, newyorkdentalservice or is dentalservicenewyork better?

                the one I have is not a dental service, it's a service in the entertainment industry... so fitting for Hollywood.
                Typically, people tend to search with the location in front, i.e. newyorkdentalservice (this tends to get higher search volume).

                If Hollywood or maybe Beverly Hills is in the domain and it is entertainment related, you could get a lot of interest in it (though I'm still not convinced you'd get anywhere close to the estimation that you received!)
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              • Profile picture of the author WillR
                Originally Posted by thedog View Post

                Does having the city name first usually better?

                ie, newyorkdentalservice or is dentalservicenewyork better?
                It won't be the same for every market you are trying to target. You should at the very least run both versions through the Google Keyword tool with exact match and see the search volume compared to one another.
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      • Profile picture of the author JohnA
        dog-- great sense of humor-- Luv it!

        I hope it's worth 10xthat!! woohoo!

        Anyway--good luck my friend!
        JohnA
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      • Profile picture of the author Terry Hatfield
        Originally Posted by thedog View Post

        So I should hold off on the porche brochures for now?
        Nah, get a little wild and go ahead and get the brochure. After all, how much paper for a brochure cost? A nickel?

        Seriously though, they probably put that price valuation on it based on if your site was in the number one position. It is what they estimate you would have to pay for the clicks.

        But even that number is way off so just ignore it.

        Although maybe you could put it on your financial statement and see if your banker will fall for the valuation. At least then you could get a loan.
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  • Profile picture of the author paulie888
    Originally Posted by thedog View Post

    I just bought a .com there.

    Used estibot to appraise it... $ 275,000 USD

    Right, I know these things aren't very accurate.. and a domain is only worth what a person is willing to pay for it... but can I take anything from that?

    Hey I'd be happy with 1% of that

    I'm new to this domain game... so before someone shoots me down... I'm just asking, is this normal? Valuations this high? Or do they mean nothing?
    If you can give us a little more information about the domain, we'd be able to hazard a guess as to whether it's worth anything close to that estimated value.

    Is it a brandable domain? A 2 or 3 character .com domain? Is it a one-word domain that makes sense and is easily monetizable, or perhaps a exact match keyword-rich domain for a popular and monetizable term?
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    • Profile picture of the author thedog
      Originally Posted by paulie888 View Post

      If you can give us a little more information about the domain, we'd be able to hazard a guess as to whether it's worth anything close to that estimated value.

      Is it a brandable domain? Or 2 or 3 character .com domain? Is it a one-word domain that makes sense and is easily monetizable, or perhaps a exact match keyword-rich domain for a popular and monetizable term?
      No problem.

      It's a 4 word .com

      "los angeles" "popular service".com

      The service part is 2 words.

      I'm following a wso... I guess I should just send off a mail to the services in LA, and see if I have any bites.
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  • Profile picture of the author christopher jon
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  • Profile picture of the author matt5409
    The only way to find out how much it's worth is to try and sell it. I would NEVER trust one of those domain value estimators.
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    • Profile picture of the author daddykool
      Originally Posted by matt5409 View Post

      The only way to find out how much it's worth is to try and sell it. I would NEVER trust one of those domain value estimators.
      Best advice seen yet!

      DN's have NO value with automated valuations, regardless of how much data is input into a dataset they are always way off or wrong...

      It is pure experience and trend value that makes any DN worth $X

      Do not be duped into buying domain names that appear to have an automated value, they are sometimes not even worth the reg fee!

      Matt is spot on the only true way is to try and sell it, chuck a big reserve on it if you *think* it is worth something and you will soon see its true worth
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  • Profile picture of the author indiatext
    I guess you can consider to advertise your domain for sale. Maybe you are really lucky to get some close amount.
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  • Profile picture of the author tryinhere
    if you put the four words into the keyword tool / what do you get as its value ?

    los angeles popular service = ? $

    and what is the traffic to that value over the month / taking that on a 10% ctr (adjust to suit your needs, I am not making any suggestions here just idea's that may help) then * that by the cpc that would give you a monthly value should i wish to pay for that traffic in adwords

    * that by 10 (months / again adjust to suit) and you get a base or final starting point, lastly you probably could not expect top $ for something thats not up on page one but again you adjust for that

    so if the cpc was say $1.50 with 1000 visitors a month it may look like this

    1000 * 10% (ctr) = 100 * 1.50 (cpc) = 150 * 10 (months) = $1500 / then take or use a divisor to allow for page position / (thats your call as well)

    not perfect but using the cpc you get a feel of the current value people are paying for that search term. disclaimer untested as I'm not a domainer / but something like i would use to determine some sort of price i wanted to pay / that then would also need to factor in the brain verses the heart / i just want it and have big pockets buyer as well.
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    • Profile picture of the author thedog
      Originally Posted by tryinhere View Post

      if you put the four words into the keyword tool / what do you get as its value ?

      los angeles popular service = ? $

      and what is the traffic to that value over the month / taking that on a 10% ctr (adjust to suit your needs, I am not making any suggestions here just idea's that may help) then * that by the cpc that would give you a monthly value should i wish to pay for that traffic in adwords

      * that by 10 (months / again adjust to suit) and you get a base or final starting point, lastly you probably could not expect top $ for something thats not up on page one but again you adjust for that

      so if the cpc was say $1.50 with 1000 visitors a month it may look like this

      1000 * 10% (ctr) = 100 * 1.50 (cpc) = 150 * 10 (months) = $1500 / then take or use a divisor to allow for page position / (thats your call as well)

      not perfect but using the cpc you get a feel of the current value people are paying for that search term. disclaimer untested as I'm not a domainer / but something like i would use to determine some sort of price i wanted to pay / that then would also need to factor in the brain verses the heart / i just want it and have big pockets buyer as well.
      Great advice...

      I also think that there's a certain amount of "want" if it's very relevant to a persons business.

      ie, I went to check on "dublin kitchens" and "kitchens dublin" for my brother, who, fits kitchens.

      He's starting to see the power of the internet, and says most of his business is coming from it.

      I'm sure he'd be willing to pay a couple of hundred $'s for kitchens dublin.

      The thing is, I'm starting to see a theme here... with services like this... people seem to be putting the place name first...
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      • Profile picture of the author paulie888
        Originally Posted by thedog View Post

        Great advice...

        I also think that there's a certain amount of "want" if it's very relevant to a persons business.

        ie, I went to check on "dublin kitchens" and "kitchens dublin" for my brother, who, fits kitchens.

        He's starting to see the power of the internet, and says most of his business is coming from it.

        I'm sure he'd be willing to pay a couple of hundred $'s for kitchens dublin.

        The thing is, I'm starting to see a theme here... with services like this... people seem to be putting the place name first...
        This has been my observation as well, people in general are searching more with key phrases/terms that have the location in front, so as a result these domains should probably be worth more than the ones with the location at the end.
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  • Profile picture of the author PabloVTB
    I mean.. the value of a domain is what an other person is actually willing to pay for it.. not what some bot tells you to.

    It all depends on the demand. If you get "harleydavidson.com", for example, and the people at harleydavidson simply WANT to have the harleydavidson.com domain, and not harleydavidson.net or harley-davidson.com, then you could have possibly found a goldmine, otherwise..................
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  • Profile picture of the author akira07
    If estibot results true, then I'm already rich because I've 20+ website with $1000+ worth of price based on that system
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    • Profile picture of the author zigato
      Originally Posted by akira07 View Post

      If estibot results true, then I'm already rich because I've 20+ website with $1000+ worth of price based on that system
      You could go on a really nice holiday using AirAsia with that :p
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  • Profile picture of the author DeborahDera
    Common sense says that if you were able to register the domain name without paying $275,000, it probably isn't worth $275,000. Is there content on the site, etc? If not, it's not worth that much, either.

    It'll be worth something (I think I know what WSO you are following) to someone who wants it - but you have to find that someone first.

    Originally Posted by thedog View Post

    I just bought a .com there.

    Used estibot to appraise it... $ 275,000 USD

    Right, I know these things aren't very accurate.. and a domain is only worth what a person is willing to pay for it... but can I take anything from that?

    Hey I'd be happy with 1% of that

    I'm new to this domain game... so before someone shoots me down... I'm just asking, is this normal? Valuations this high? Or do they mean nothing?
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  • Profile picture of the author zigato
    You could probably sell the domain for a minimal fee on Digital Point or Flippa if you don't want to use a proper broker
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