how to value a domain name
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These past few weeks, i’ve been beefing up my knowledge on domain names. I’ve also been beefing up my domain name portfolio, adding an estimated $13,000+ to what i already have (according to estibot).
Although i’m still learning, i’ve built up a huge collection of links and tips when buying / hunting for domain names and like i said in a previous post, i’ll be revealing all in a 3 part series of in depth blog posts for RSS subscribers only, which will be published sometime between 18th-22nd of this month (next week).
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Domain names - unlike sites, are difficult for me to value. I see all domain names as $6 registration fees. So when i buy a domain, i don’t think i’ve bought something worth $5,000 - even though that may well be the case.
As a test of my own ability to value domains, i’m going to put my own value on a few domains coming up for sale on bido.com - we’ll see how good i am.
Here’s a list of domains up for sale over the next 9 days. I’ll put a value on each of them and re-visit this post 9 days down the line to see just how good i am. By the end of it all, i should be in a much stronger position to value my own domain portfolio more accurately;
- yardtrimmer.com - $410 ($1,000)
- ultimatemedicine.com - $130 ($80)
- panics.com - $670 ($4,900)
- wirepay.com - $1200 ($200)
- edaycare.com - $50 ($110)
- greatvenues.com - $400 ($390)
- fixedloans.com - $4750 ($8,300)
I’ve also added in estibot’s valuation in brackets. Hopefully, i’ve underestimated everything as it will mean my own domains are worth a lot more than what i previously thought. I’ve valued all these domains prior to checking estibot’s value… basically going on gut instinct or first glance.
So in total, i expect these domains to sell for $7,610 - estibot predicts $14,980 - we’ll see who knows best ![]()
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3 Comments
Jonny
August 11th, 2008
at 2:25pm
Wow! Im impressed you got some nice domain names there! =] Does Bido accept Paypal?
smemon
August 11th, 2008
at 3:04pm
oh they’re not mine
i wish
i’m not sure about paypal… for large transactions, escrow is usually the norm (safer for sellers plus lower fee’s)
Jarred
August 11th, 2008
at 5:01pm
Hi thanks for the blog post, good luck with your guesses and quest to fulfill your thirst for knowledge about domain names .
Jonny, regarding PayPal, yes, Bido does accept PayPal for transactions as one of the suite of payment options available. If you have specific payment needs or would like more info about Bido, please contact me via email, its my first name at bido.com
Regards,
Jarred