Morning Folks!!
And the results are in. Thanks for taking your time to express your opinions on what these domains may be valued at. The result in parenthesis are the valuations from Estibot. Maybe you will see why Estibot is a total joke. It is flawed and has no value or even place in the domain industry! It should be marked: FOR AMUSEMENT ONLY!!
According to the geniuses at Estibot the 10 domains have a TOTAL valuation of $1.8MM. Can they really be taken seriously? Do they help or HARM the domain industry??
Moving on.....
Many did not like FaceFind.com. Here is what you are missing. Facial Recognition. The value of what is coming with this technology. $2500 purchase. I never mind exposing the price I paid because it has NOTHING to do with the price I sell. Potential Buyers that even bring that up and I would not even answer their emails.
Many of the valuations were very high. While I appreciate that, I don't think they merit that value at this stage of the Internet.
This experiment does show the difference in how folks look at any specific domain. Either way, looks like everyone agrees that the overall value in well into the 7 figures or more.
So that begs the next question. Is OUR job to sell ASAP or is OUR job to wait until the domain is matched with the right party? If I give this list to a broker how much are THEY going to be able to sell them for? How much money would I be leaving on the table? Being in a strong financial position is a HUGE part of playing the domain game the right way!
Just because I have never had a decent offer for TopSecret.com does that make the value any less?
Should one have a time frame to sell?
In my world, I wait until the fruit is ripe before I allow the fruit to be picked. It's just that simple.
- TopSecret.com $77k - $3MM ($184,000)
- Unemployed $80k - $2.5MM ($55,000)
- Boardroom.com $75k - $2MM ($77,000)
- FaceFind.com $7,500 - $2MM ($2,600)
- Stud.com $30k - $1.3MM ($145,000)
- Queen.com $300k - $10MM ($1,198,000)
- Homemade.com $150k - $10MM ($83,000)
- iFlirt.com $7.5k - $1.8MM ($3,500)
- SXW.com $46k - $2MM ($47,000)
- SmartGlasses.com $10k - $12MM ($5,300)
Thank you all!!
Rick Schwartz
Mary Rosalie
Estibot just gives someone an IDEA of how valuable a domain is. No doubt Queen.com is the king of the list and yes, they give it the highest value. So it basically gives an appraisal based on machine facts such searches, related sales, etc. If you are looking to have an idea about the value of a domain, Estibot got it; however, for real value, the market got that.
Nice portfolio too.
Jay
Estibot shouldn’t be used for any IDEA! Thinking it useful to determine ANY value makes you a total noob, sorry to say. The sooner you figure it out, the sooner you can get on to determining what makes a good domain ON YOUR OWN.
There is more to valuing domains than similar sales, length and keyword value. There are MANY metrics that estibot doesn’t consider, and won’t for a long time because of how dynamic and complicated domains are.
If you rely on estibot one iota, you have no clue what you are doing.
Rich
To me Queen is not the best of the list.
It could be a brand-able name but Unemployed it’s an industry that is more active day to day and people are always looking for work.
To me Unemployed is by far the best name out there.
Trent
I think Queen is the best domain, many parts of the world the Queen trumps the King.
Unemployed is good in it’s own right, but it will take probably a out of left field idea to make it work, many people say in between jobs, retired, laid off, changing careers etc…
Queen being a 5 letter .com, is hard to argue with being top dog.
Jay
Rick Schwartz has made Domaining .com obsolete
again. Since you have been posting I now come directly to RicksBlog.com
Tony
The elephant in the room is how many lifetimes will it take for you to wait for the right buyer to come along and pay your asking prices for these 10. Let’s say you own 100 domains of this caliber in your portfolio and these 10 are a random sample. You have averaged less than one sale per year the past 20 years. It would take you 100 years to sell these ten random domains since it’d take that long for the 100. By my estimate, you have about 20 years left. Sorry to be blunt but that’s how we both roll.
John
He would be willing to sell his portfolio for a good price. He’s written about that before.
Jeff Schneider
Hello Tony,
Your assumptions ring hollow, when you consider the ten fold level of demand coming with the advent of a coming Blockchain driven Online Business Configurater,that will drive demand ever higher. You will be a big loser with your wrong assumptions above.
JAS
Gratefully, Jeff Schneider (Contact Group) (Metal Tiger) (Former Rockefeller IBEC Marketing Analyst/Strategist) (Licensed CBOE Commodity Hedge Strategist) (Domain Master https://www.UseBiz.com
Jeff Schneider
Hello Rick,
It is ludicrous, ignorance , to think ALL Domaining is dead. Ask Google, who has been trying to overshadow the .COM Profit Center Equimoditty since their Inception. No matter how the SEM crowd has framed the image of .COM Profit Center Equimoditties, they have failed miserably. The .COM Profit Center Equimoditty, is still vastly undervalued because it is misunderstood.
Now that the .COM Equimoditty Asset Class has a Wall Street Definition Recognition Classification. All those who have been impatient waiting for this Paragigm shift realization, will be aghast at the Cataclysmic increase in compounding Valuations Upwards. The .COM Profit Center Equimoditty Class Ascension Continues. The Valuation Model of .COM Equimodity Classes Crest is at least 20 years out. REALLY ?
Consider this, the NYSE was founded March 8 1817. The (.COM Equimoditty Platform Asset Class) was founded March 15 1985. JAS 9/27/18
Gratefully, Jeff Schneider (Contact Group) (Metal Tiger) (Former Rockefeller IBEC Marketing Analyst/Strategist) (Licensed CBOE Commodity Hedge Strategist) (Domain Master https://www.UseBiz.com
John
How timely. For a good expose on what a JOKE and what HARM things like Estibot represent in my humble opinion as well going on now, check out the reader comments here:
domaininvesting . com/how-automated-appraisals-help-me-make-money/
John
And here’s the live link: https://domaininvesting.com/how-automated-appraisals-help-me-make-money/
John
P.S. Rick, I did think of facial recognition already too before mentioning that one, but still felt as I did. Just didn’t think people would care enough about that regardless of the tech and change in society. Maybe I’m the one not batting 1,000 but I guess time may tell. Perhaps it will wind up bearing fruit.
Fatih Ozturk
Estibot is a TOTAL JOKE! But making that joke even worse Namejet and several companies publish their valuation in the same page it is auctioned! This is no benefit for the auction house nor the seller.
John
Yes, NJ doing that, I mentioned that over at the DI thread mentioned above. It’s truly appalling and I will never do anything there because of that.
Snoopy
I think the estibot valuations are not bad on those names. “fair market value” (what estibot is trying to estimate) is a different questions to “what would you sell for”.
It would be interest to see people state “what are you willing to offer for the names above” as that would give a very different set of numbers again.
If people are trying to sell for fair market value then they have no real chance of making money in the industry. They’ll be buying wholesale and selling wholesale.
Adam
^ ^ LIKE ^ ^
Jeff Schneider
Hello Rick,
Estibots valuations are heavily skewed and influenced by the Google Ad Industry Stooges.They (Google Advocates know that once all the strategic advantages of (.COM Equimoditty Platform Assets) are known they All will be out of jobs.Just remember Googles success has been built on (.COM Equimoditty Platform Assets) TRAFFIC! JAS
Gratefully, Jeff Schneider (Contact Group) (Metal Tiger) (Former Rockefeller IBEC Marketing Analyst/Strategist) (Licensed CBOE Commodity Hedge Strategist) (Domain Master https://www.UseBiz.com
Jon Gilbert
There are many Queens, but there is only one Queen.com
Steven Dragoo
Hey Rick,
When several appraisals are wildly different, I know I’m in the wrong neighborhood. I see that one all the time. But, before I started my first direct marketing agency, I wrote a business plan, even though I did not know what I was doing. I knew when I looked at the plan it gave me a first step into the arena and then I could real-time fine tune it. Without out that foot print I would have probably endlessly been circling the wagons…. Thanks – SteveD
Mark B
Here is what I would sell them for
TopSecret.com 350,000
Unemployed 1,250,000
Boardroom.com 600,000
FaceFind.com 75,000
Stud.com 750,000
Queen.com 1,500,000
Homemade.com 750,000
iFlirt.com 75,000
SXW.com 90,000
SmartGlasses.com 50,000
Jeff Schneider
Hello Rick, We are now adding Stock options as a requirement for closure, along with % ownership sharing requirements on our (.COM Equimoditty Platform Asset (Tax Shelters) ). We believe this will be very common place in the future.
The Web Business Configurater or Web Business Incubator, is collectively being formulated by more than one Entity as we speak. In the near future there will be a Cloud Based, Turnkey Business Configurater, designed to take Online Business Expansion to the next Level. There will be resistance from certain factions, who may try to block this needed Evolutionary Disruption. Those who are early adopters to this coming Platform, will be the futures new Internet Powerhouses. Its end result will culminate into the most rapid and dramatic Capital Expansion, the world has ever experienced. (.COM Equimoditty Platform Asset (Tax Shelters) ) will comprise its principal base JAS 9/29/18
Gratefully, Jeff Schneider (Contact Group) (Metal Tiger) (Former Rockefeller IBEC Marketing Intelligence,Analyst/Strategist) (Licensed CBOE Commodity Hedge Strategist) (Domain Master ) https://www.UseBiz.com