Professional Domain Appraisers

[mole]

Originally posted by Jeffb
The most important part of the appraisal for me, will be the analysis behind the appraisal. Some appraisals only supply a program generated value with little analysis supplied. Others provide more back up analysis such as projected revenue from traffic, comprable sales, etc... This is the type I need. If anyone has seen appraisal that provides this type of back up, please post the appraiser's name.

safesys

 

[Sharpy]

Jeff here's an appraisal I got from First Domain Name Brokers Inc. http://www.1stdomainbrokers.com

The domain name they appraised for me was DrugChest.com. I don't know how reputable they are. They have definitley been doing appraisals for over 2 years. Their claim to fame is that they brokered the sale of millennium.com and that ABC did a story on them. I bought this appraisal for $20.00 Wasted money? I suspect it was. Ask people here to appraise drugchest.com and we would see if it was. But the $1500 appraisal does seem to be lower than some I have seen.

Domain Name Appraisal

This is to certify that an appraisal conducted on
the Internet domain name DRUGCHEST.COM

has determined its market value to equal the amount
listed below. The appraisal performed was based on
market potential, commerce, level of domain, number
of text characters in name, ease of recognition, and
Brandability.

Ratings ½ - 4 Stars

Domain Name – DRUGCHEST.COM


Market potential – 1

Commerce – 1 1/2

Level of domain – 4

Text characters in name – 1 1/2

Ease of recognition – 1 1/2

Brandability – 1 1/2

Power Score Ratings ½ - 5 Stars

Power Score – 2

LIMITED APPRAISAL,

MARKET VALUE – 1,500. U.S. Dollars

Given on the 11 day of December in the year of 2002

Serial #1211150


DEFINITION OF MARKET VALUE: The most probable price
which an internet domain name should bring in a competitive and
open market under all conditions requisite to a fair sale, the buyer
and seller each acting prudently, knowledgeably and assuming the
price is not affected by undue stimulus. Implicit in this definition is
the consummation of a sale as of a specified date and the passing of
ownership from seller to buyer under conditions whereby: (1) buyer
and seller are typically motivated; (2) both parties are well informed
or well advised, and each acting in what he considers his own best
interest; (3) a reasonable time is allowed for exposure in the open
market; (4) payment is made in terms of cash in U.S. dollars.

STATEMENT OF LIMITING CONDITIONS AND
APPRAISER'S CERTIFICATION
CONTINGENT AND LIMITING CONDITIONS:
The appraiser's certification is subject to the following conditions:

1. The appraiser will not be responsible for matters of a legal nature
that affect either the Internet domain name being appraised or the
title to it. The appraiser assumes that the ownership is good and
marketable, and therefore will not render any opinions about the
ownership. The domain name is appraised on the basis of it being
under responsible ownership.

2. The appraiser will not give testimony or appear in court because
he or she made an appraisal of the domain name in question, unless
specific arrangements to do so have been made beforehand.

3. The appraiser will not be responsible for any fluctuations in the
value of the domain name that may result from the volatility of the
stock market, or any other changes in the financial or business
world that may effect the value of the domain name.

4. The appraiser's written consent and approval must be obtained
before the appraisal can be conveyed by anyone to the public
through advertising, public relations, news, sales, or other media.
The appraiser does not grant permission for the duplication of this
appraisal certificate.

APPRAISER'S CERTIFICATION:
The Appraiser certifies and agrees that:

1. The market value was arrived at using my own personal,
unbiased, and professional opinions, and conclusions, which are
subject only to the information contained in this appraisal Certificate.
I did not rely on any significant professional assistance from any
individual or individuals in the performance of the appraisal. This
appraisal is not in conformity with the Uniform Standards of
Professional Appraisal Practices that were adopted and promulgated
by the Appraisal Standards Board of The Appraisal Foundation. As
of this date there is no current Legal Standards for Appraising
Internet Domain Names, therefore this appraisal certificate is not
a legal document and should not be treated as such. The appraisal is
a personal opinion of the current potential market value for the
subject Domain Name and it should not be implied or understood
that the subject Domain Name can not be sold for a value higher or
lower than appraised.

2. I have no present or prospective interest in the domain name that
is the subject to this Certificate of appraisal, and I have no present
or prospective personal interest or bias with respect to the
participants in the transaction. I was not required to report a
predetermined value or direction in value that favors the cause of
the client or any related party, the amount of the value estimate, or
the occurrence of a subsequent event in order to receive my
compensation and/or employment for performing the appraisal.
I did not base my estimate on a requested minimum valuation or a
specific valuation.
Domain Name Appraised DRUGCHEST.COM
APPRAISER: DAVID CEPEDA
First Domain Name Brokers, Inc.
468 North Camden Drive, #200
Beverly Hills CA 90210


Here's cooltool's appraisal

Domain Name: drugchest.com
Key Words: drug chest
Dictionary Words: 2
Total Word Score: 0
Extension relevance: yes
Google Hits: 84
Overture Hits: 0
Type-ins: 0
Market Rating: 2.5
Length: 9
Extension Rating: 5.0
Length Rating: 2
Popular Rating: 0
Composite: 3
High Retail: $1,000
Low Retail: $750
Wholesale: $225

 

[tedsudol]

Hi,
Where can I get the cooltool? Is mudfence a member of the forum or is that a URL I should go to? Also you mentioned using it the right way. What is the right way to use it? Thanks in advance for your help.
All the best,
Ted Sudol

Hi,
This doesnt answer Jeffb's question, but asks a question about appraisals. What I generally look for in a name is something short, recognizable, one or two words, and makes sense phonetically and logically. I posted some of the names here on the forum to get some appraisals and of the 25 or so names people only thought 4 had value.
So I thought I must be looking for the wrong thing and read some more here on the forum about type in traffic, page rank, and other metrics that indicate value, brandibility, search word strenght.

One of the domains that dropped yesterday was n-uk.com having pretty high numbers for type in traffic - I think the google was 7mill, page rank etc.

So I put it in my list but obviously I didn't have enough horsepower and wasn't quick enough to grab it.

I was surprised to get an email from the registrar offering to sell the name to me for $199. I was surprised that a name that was so highly sought after would be offered by a registrar, who I would assume would know a thing or two about domain name values, would be willing to sell it for so little. Am I missing something? Are my ideas on valuation off? What metrics are important? Thanks in advance for your help.
All the best,
Ted Sudol

 

[typist]

nice, a vintage thread

 

[Gerry]

Jeff, in general, paid appraisals are bull. They're as worthless as the ink they're scribed with.

I agree.

Jeff, in general, paid appraisals are bull. They're as worthless as the ink they're scribed with.

I agree. Even 4 years later, I AGREE!

 

[hugegrowth]

Afternic.com does appraisals, I'd look into them if I absolutely needed one.

http://www.afternic.com/appraise.php

(oops, didn't realize this thread was so old when I posted.)

 

[D'same]

Wow...wow...wow.....am I hearing right that in an industry with millions of dollars spent on domains by individuals and companies that no one can state definitively that a domain is worth $1 and that would stand the scrutiny of all players in the domain industry?

And Domainers want other businesses to take them seriously, when they themselves don't even trust their own appraisals. Really..???

How them can Domainers expect to use their domains as collateral when the value might be dodgey? Surely, any industry this old should have reached a stage where there are basic standards for appraisals. Though an end-user may pay more for a domain than a reseller....there should be a measuring stick of value.....'cause perception is not good enough in today's business environment....

So when I hear seasoned domainers say "Domainers understand that the appraisals are worthless" and in another breath wants to sell you one for $xx,xxx based on his perception....I say, not ready, not ready, not ready....