I can not emphasize how ridiculous these appraisals are and how we have never, nor ever will, consider these “appraised values” as a factor in determining price.

GoDaddy (in a matter of seconds) spit out an appraisal that determined the value for one of our domains between $10,000 and $28,000.

Maybe I should have them appraise my house. Wonder if the bank would accept an appraised value by a certified expert of between $750,000 – $2,000,000. Let’s just a pick a number for fun and refinance.

I can’t blame the companies for selling them – everybody has had the itch to buy one with hopes of hitting the lottery (still not sure where you would cash the ticket but it’s a pretty souvenir) but some buyers actually take this information serious.

Here’s the lowdown…

Unless you are using a low appraisal to help convince a domain owner (who has no real knowledge of the industry) to sell a domain for somewhere around the “appraised value” then you need your head examined if you waste money on a domain appraisal.

Companies will sell you anything – it’s thier mandate. Your mandate is to find value in how to spend your money.

Domain appraisals are not value.

Want more facts – Not a single quality portfolio owner or reputable domain investor would ever consider the “appraised” value of a domain name as a remote part of the domain valuation method.

So why should you….

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