hat's your domain name appraised."
worth?
Well, you could do that. But the
Perhaps it is better to ask how problem with domain appraisals is
much a potential buyer would be that there are no industry
willing to pay to acquire your standards. And you simply cannot
domain name. If there was some put a market value on it and give
interest in your domain name, you an accurate appraisal by any
ought to, at least, have some standards. Perhaps, in that
kind of idea of its value. sense, a domain name is different
Generally, is the domain good or from real estate because it is
bad? If good, how good is it? not something you can see or
touch.
If you were to visit any domain
reseller sites, you will find There are numerous companies and
literally thousands of ridiculous sites on the web that will
names. If you scrutinize their evaluate your domain and give you
asking prices, it will leave you their opinion on what your domain
shaking your head in amazement. name is worth. Their services
They run into the thousands and cost anywhere from between $10 to
even millions. Names like $50. They give you a nice
ApeChatsWorth.com.....It would be certificate online. But let me
better to let them expire or sell tell you that, an appraisal
cheap if you can find a 'fool'. certificate may not necessarily
do anything for your domain name.
So how do you tell if you have a
winning name? As can be expected, a single
domain name can have vastly
I know someone will be quick to differing values when evaluated
say, "That's easy. Get them by different appraisers. Values
can differ by tens of thousands position by an independent
of dollars. appraisal.
You have probably heard it being However, let me caution you to be
said over and over again that a careful. There are a number of
domain name is only really worth thriving scams on the internet
what a buyer is willing to pay designed to play on your emotions
for it. Or what the buyer and and get your money. One instance
seller can agree on to make a is when a so-called "buyer"
deal. So even if a domain name feigns interest in your domain
has been evaluated at $2,000 but name but requests first for an
if no one wants to pay out more appraisal from a particular
than $200 for it, it is obvious appraiser, just to be sure of the
the real value of the name is far market value, he claims. Then,
less than the perceived value insists that no other appraisers
that it was originally appraised will do. It doesn't take a genius
for. to see through this. If you pay
for the appraisal, the so-called
If you have absolutely no idea 'buyer' suddenly disappears, no
what your domain name is worth, doubt to fleece his next victim.
getting a professional appraisal Many fall for this cruel trick in
may be useful as well as to give their ecstasy imagining that
you a basis for an asking price finally, there was actually
if there was indeed someone someone wanting their domain
interested in the name or simply name. Before you spend any money,
to decide what you want to do check out feedback on the
with the domain name. A potential website's services from other
buyer already interested in a customers. You can do this at
domain name you have, may be Alexa.com. Simply enter the name
further swayed towards your of the website and you can see
reviews and feedback from other favorite engine will give you
customers. several options.
A genuine buyer who wants your You may also have come across
domain name is interested in it, automated computer scripts online
NOT because some appraiser says that give you a free instant
it is worth a princely sum. But evaluation of your domain name
only because he himself sees it's when you put in certain required
intrinsic value and/or has details about your name. Those
specific plans for the name. Keep give you a ballpark figure but
this in mind. sometimes do grossly inflate the
value. It is after all a script.
There are a number of free domain
appraisal services you could try If you do decide to get and pay
just to test the waters around for a professional appraisal,
your name. make sure you are engaging a
reputable company or you would
A number of domain name forums end up blowing your money.
have active appraisal boards
where you can post your domain Copyright 2005 Edwin John
names and someone will evaluate
it for you. A search on your
About the Author:
Edwin John is an author and webdeveloper. His ebook "How I Sell My Domain Names" ranks #1 on Yahoo and Clickbank. http://www.OpenForSale.com Find out if your domain name is wanted:
http://www.DNames.org Free domain name tools
http://www.DomainName-Search.com If you're still undecided, let me take a look at your domain name and I'll evaluate it for free. No obligations. See http://www.OpenForSale.com/ to submit your domain name.
Read more articles by:
Edwin John
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