The longer you hold the name, the more valuable it may get.
DOMAIN APPRAISAL is a term frequently used whenever there is a reference to valuating a domain name. It is the service offered by companies in which the domain name is valued on certain criterias which may include the number of searches for the name, i.e., popularity , the past records for the name, backlinks, age, length of the domain name, whether it a generic name, presence of hyphen or numbers, previous sales record of similar names, etc.
Some of the websites which offer a free domain appraisal based on different algorithms which they follow are listed below:
1- GoDaddy.com
3- Instica.com
4- Estibot.com
5- Valuate.com
6- Sedo.com
7- NDDConsulting.com
One of the paid services for domain appraisal can be found at DomainAppraisal.org
Though using the Domain Appraisal gives you a rough idea of what a domain name could be worth, the real price may greatly vary from the appraised price depending on the type of customer and its value to his business.
Some of the customers may go crazy about a domain name and they may make an offer which the owner may not reject. The value of a domain name is its value to a particular business. If a business sees a good oppurtunity in your domain name, they may be willing to pay a price much above your expectation or the Domain Appraisal value.
On the other hand, if a business does not find any value in the name that you own (however good it may be), they may not pay you a single buck even if the domain is worth many times more.
While some of the generic names are valued over a million dollars, most of them have been taken and are not available for registrations anymore. A 3 or 4-letter word domain is a good domain to have. They get sold at a considerably high value.
THE TOP 10 DOMAIN SALES OF THE YEAR 2013 ARE LISTED BELOW
1- IG.com $4,700,000
2- 114.com $2,100,000
3- MathGames.com $725,000
4- ReverseMortages.com $600,000
5- Brand.com $500,000
6- Body.com $380,000
7- Booker.com $375,000
8- DJI.com $300,000
8- Mojo.com $300,000
8- Yinhang.com $300,000
I don't think anyone would have predicted the value of these domains to be anywhere around the value for which they were sold.
And that is what is called 'The Art of Domain Flipping'
In a nutshell, the domain appraisal is an approximate value which may be used to price a domain.
It facilitates the seller to place a minimum or an approximate asking price from the prospective buyers. It also facilitates the buyer, a sense of satisfaction for the price which he has paid for the domain.
However, the actual price of a domain is what the buyer is ready to pay. If there is a great demand for a name, the price may soar very high and vice-versa.
At the end of the day, each and every domain name that you own has a potential to be a name that businesses may opt for and are ready to pay a significant price. You just need to market yourself properly. Finding a prospective buyer, or the best being, finding the end user for a domain may prove to be a highly lucrative and successful venture fetching a handsome amount of money.
Don't get upset if a domain name that you own has a very low or 0 appraisal value and don't get very happy if they have appraised it for a really high value. It all depends on your marketing skills and the business needs.
So why wait?? Go out there and find the prospective buyers for your domain. You may use the WhoIs directory to find the details of buyers who may interested in your domain. If you are successful, even a 0$ value name may go for huge profits!!
Good Luck!!!
Though using the Domain Appraisal gives you a rough idea of what a domain name could be worth, the real price may greatly vary from the appraised price depending on the type of customer and its value to his business.
Some of the customers may go crazy about a domain name and they may make an offer which the owner may not reject. The value of a domain name is its value to a particular business. If a business sees a good oppurtunity in your domain name, they may be willing to pay a price much above your expectation or the Domain Appraisal value.
On the other hand, if a business does not find any value in the name that you own (however good it may be), they may not pay you a single buck even if the domain is worth many times more.
While some of the generic names are valued over a million dollars, most of them have been taken and are not available for registrations anymore. A 3 or 4-letter word domain is a good domain to have. They get sold at a considerably high value.
THE TOP 10 DOMAIN SALES OF THE YEAR 2013 ARE LISTED BELOW
1- IG.com $4,700,000
2- 114.com $2,100,000
3- MathGames.com $725,000
4- ReverseMortages.com $600,000
5- Brand.com $500,000
6- Body.com $380,000
7- Booker.com $375,000
8- DJI.com $300,000
8- Mojo.com $300,000
8- Yinhang.com $300,000
I don't think anyone would have predicted the value of these domains to be anywhere around the value for which they were sold.
And that is what is called 'The Art of Domain Flipping'
In a nutshell, the domain appraisal is an approximate value which may be used to price a domain.
It facilitates the seller to place a minimum or an approximate asking price from the prospective buyers. It also facilitates the buyer, a sense of satisfaction for the price which he has paid for the domain.
However, the actual price of a domain is what the buyer is ready to pay. If there is a great demand for a name, the price may soar very high and vice-versa.
At the end of the day, each and every domain name that you own has a potential to be a name that businesses may opt for and are ready to pay a significant price. You just need to market yourself properly. Finding a prospective buyer, or the best being, finding the end user for a domain may prove to be a highly lucrative and successful venture fetching a handsome amount of money.
Don't get upset if a domain name that you own has a very low or 0 appraisal value and don't get very happy if they have appraised it for a really high value. It all depends on your marketing skills and the business needs.
So why wait?? Go out there and find the prospective buyers for your domain. You may use the WhoIs directory to find the details of buyers who may interested in your domain. If you are successful, even a 0$ value name may go for huge profits!!
Good Luck!!!
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