GoDaddy Appraisal Tool – Is It Accurate
The GoDaddy Domain Appraisal Tool provides a quick estimate of the value of a domain based on a number of factors, including domain age, keywords, comparable sales, and other data points. While it’s a good starting point for getting a general idea of a domain’s value, it is by no means definitive and has its limitations.
Limitations:
- Generic Metrics: The tool tends to focus on generic metrics, which might not always provide the nuanced valuation that specialized domain investors seek.
- Historical Data: The past sales data it uses might not always be up-to-date or relevant to current market conditions.
- Keyword Reliance: A heavy reliance on keyword value might overlook other important aspects of a domain, such as brandability or emerging trends.
- Algorithmic Limitations: Like any automated tool, it’s based on algorithms that can’t always account for the subjective nature of domain valuation. For instance, a domain’s reputation, existing traffic, or brand equity aren’t always adequately represented.
Strengths:
- Quick Estimates: For those who want a quick ballpark figure, it offers a fast solution.
- Data-Driven: It’s based on a considerable amount of data, which lends some credibility to its valuations.
- Easy to Use: Its user-friendly interface is suitable for both domain novices and experts.
- Comparative Analysis: It provides comparable sales, which can give insight into how similar domains are valued.
Comparison with Other Tools:
| Tool Name | Price | Pros | Cons |
|---|---|---|---|
| GoDaddy Appraisal | Free | Quick, data-driven, easy to use | Generic, relies heavily on keywords |
| EstiBot | Paid/Free | Comprehensive data, detailed analysis | Can be pricey, occasional overestimates |
| NameBio | Free | Database of past sales, search functionality | No automated appraisal |
| DomainIndex | Paid/Free | Offers a wide range of appraisal methods | Interface is not as user-friendly |
| Sedo | Free | Provides domain marketplace insights | More sales-oriented |
All right. Let’s see here. sharksavers.org, $197, but it’s going on sale over here for over $15,000. Let’s try globalclimateactionsummit.org. That’s a big one. $174 over here going for 6,600 bucks. unepingquery.org. The heck is that. $214 estimated value. 2100 bucks with five days left on the auction. All right. So in case you haven’t figured it out yet, there’s a big error with a lot of these sites that promise to evaluate or appraise your domain name, to tell you how much a domain name is worth. And whenever there’s some kind of error or flaw in a tool or app, that means it’s time for us to find big money. And that’s what this video’s all about.
How to use the GoDaddy appraisal tool the right way so that you can make money online. This is a free tool. It’s available to everyone.
It works worldwide. I’m going to show you a zero investment required method.
That’s right. Even if you don’t want to buy domains or any tools, there’s a method you can use with zero investment. I’m going to show you my, if you have some money method and I’m going to show you how this little app plus a little learning curve can make you tons of money. If you’re ready to get started, smash that like button and let’s dive in. All right. Now, the problem here is that most people don’t understand how buying and selling domains work. Now, for me, I’ve been doing this for 22 years profitably. I’ve bought and sold millions of dollars worth of domain names. I’ve been in this game for way too long. Actually, let’s take a look at yesterday’s bounty, because I think this will help you. And again, remember if you’re not interested in buying and selling domain names, we’re going to talk about the flaw in these apps and how you can make money without even buying and selling these.
It’s actually really crazy. But first I want to preface this, show you how to value these, show you that I know what I’m talking about. And I put my money where my mouth is and show you exactly what to do, because I think if you can understand why I buy what I buy, why other people buy what they buy, why the domain tools aren’t working and what things are really worth, then you can bridge the gap and make lots of money, whether it be buying and selling domains or whether it be the secret method I’m going to talk to you about in a second. Whatever it is, it’ll work. Now just yesterday, I spent a total of about, I think like, a little over $3,000 on domains. I think it’s 3,100. If you add up the totals, now I want to show you the domains that I bought and why and what they were valued at and what we can do with them.
Okay. So the first one I got here was affiliatebuckspro.com. This one here was valued using the GoDaddy appraisal tool for $340. Now what does that mean? That simply means that based on GoDaddy’s algorithm, that is what they think this domain is worth on the open market. But as we saw earlier, this could be grossly understated or it could be crazy overstated. So basically this kind of means nothing until you actually do the research. So was it worth $15 to me? Let me know in the comments below, if you think it was here’s another one, epicmotos.com. This one here on the GoDaddy appraisal showed up at $1,189. Pretty cool. Now is very important here that I could see other domains going with the word epic for like $1,400, 18, 1900 and on and on we go. So lots of stuff there. rpmmoto went for almost 1100, some kind of mundimotos went for 3000.
So we could see that there is some value here, which is why I paid a little bit more for this domain coming in at 4 75. Here’s another one challengestudentdebt.com. This is a very interesting one. It’s all about student debt, which actually fetches a big amount of money. We could see mycollegedebt a thousand, canadavisa, 1200 fedstudentloan and all different kinds of college student loan type things. So they appraised it for 1119. Now I bought it for 3 0 5. Here’s another one careyourcars.com. I bought this for 247 GoDaddy appraised it at 1168. Now I want you to remember that no matter what this number says here, the number I paid is king. Because that is what it was worth at that moment in time, $247. Now keep this in mind. The whole idea of what it’s worth at a given moment in time, because this is important for later.
Here’s another one timesharestogo.com. I bought for 7 57, estimated value, 1820 and last but not least what I thought was the big zinger of the month bitminerfactory.com. This one I probably would’ve paid $2,500, maybe even a little bit more. So let’s see what GoDaddy says it’s worth. 1100 bucks? But why would I pay 2,500 or more? Well, that’s what we’re going to figure out because if you can figure that out, there’s a lot of money on the table that you can pick up and put in your pocket. And just to show you how this works on other tools. Estibot says bitminerfactory is only worth a hundred bucks. Domainindex.com gave me a fancy certificate saying it’s worth nothing. WebsiteOutlook says it’s worth about $22. Free evaluator says it’s worth $93. Siteprice.org says it’s worth 562. So what gives? Why are all these numbers all over the place? And how is that going to help you make money? Whether you buy and sell domains or use the simple little hack I’m going to teach you in a minute that you could start with zero money.
Well, let’s get into that. First, you need to realize there’s two major ways that we evaluate the price of a domain name. Number one is based on the name alone. What is it worth to have a Bitcoin domain or bit miner factory or something like that that’s tied to the Bitcoin market, which people spend lots of money for domains in that market? So if it’s like a short and good domain with keywords, it could be worth a lot more. The second way we evaluate a domain name is based on the traffic value. Now for bit miner factory, I could see that this one actually ranked in Google for all kinds of keywords related to Bitcoin mining, bit miner, crypto mining, all kinds of cool stuff.
Some of these keywords get as much as 13,000 searches a month. And since I know that this traffic is really expensive, 70 cents a click, a $1.90, $2 and on and on we go. I can see that this domain to me is going to be worth a lot more, but not just because of the name, that’s an extra bonus. If this was called like flightofthefairies.net, it’d be worth money to me because it ranks for this stuff. Did that make sense? If it did pay attention, the rest of this video is going to blow your socks off. And if you don’t have access to a tool like AHREFs, you can use The Hoth’s freak keyword tool and you can find out what these ranked for as well. So two major ways to evaluate the price of a domain, the name only, and the traffic associated and the rankings it has with back links and everything in Google.
And when I talk about back links, what that means is sites that are pointing into your site. This makes your domain a lot more valuable. As you can see here, I got links from Wikipedia, different Bitcoin websites, different crypto news websites and on and on we go. The back links for this one are literally insane. And you could see here that different terms related to Bitcoin and Bitcoin mining get lots of traffic. This is using the free version of the, a tool we could see. Bitcoin mining gets over 351,000 searches a month. So this domain ranking for these keywords, that is a zinger and a half. And now that you know, the two major ways to evaluate a domain, let’s go into money, making method, number one. Buy and sell domains for profit. Now I could go out there and I can buy a domain like this, knowing that if I wait long enough, someone will pay me 2,500 or more for this domain.
Now it is a bit risky because I risk $1,209 on this domain. So if I don’t get 1209, I lose money. But I know what I’m going to do with this domain. And it has to do with step number two, which we’re going to show you in just a minute. You could also invest in stuff that’s less risky. Like this one I got for $15 and the way you’re going to find these domains to buy and sell is using GoDaddy auctions. You can go over here to GoDaddy auctions like this and see all the domains that are available that are selling right now. I usually like to organize these by the amount of time left and then take a look at what is selling right now and what I can do with it. And they have a little estimated value. This is the GoDaddy appraisal and the price here.
And you can kind of look at these and say, Hey, this is what’s going on. Artscarmart.net is that really worth 200 bucks? Probably not. But again, that’s my opinion. I haven’t done the research. Rockadventure.com based on that name alone, is it worth $130, which is what it’s going for right now? Yeah, I think it is. To some rock climbing company, this could be worth a lot of money. And that’s one of the things I look at as well is who is going to be my buyer. If it’s something like artscarmart, like what is that? Is it like a tattoo artist thing for scar? I don’t know. But rockadventure that goes to lots and lots of different options that can work really well. And we can take these and put them into our keyword tools and find out what they rank for and if they have any back links and stuff like that to do even more research. But right off the bat, rockadventure.com.
I would think personally for me, again, pretend you’re going to lose the money. I think it would be worth $130 and then we could keep going and take a look at what else they have available, do our research, figure out what the value of these domains are. And if we can buy it for less than what we think it’s worth, then I think we could start a pretty solid business. And that’s pretty much what I do every day. Another little tip, if you’re on a budget, is to go to the GoDaddy closeouts and bargain bin. You could go over to your GoDaddy auctions right here. You can drop down on the popular searches to bargain bin or closeouts. And these are going to show you the domains that have like a buy it now price. And usually they’re like five bucks and you could go through and say, “Hey, let’s estimate the value, organize them by the ones GoDaddy says is worth the most.
And see if we can find something that looks pretty good. Win from cryptoorigin, mydigitalchaos. And we could go through and try to find something that appeals to an audience that would actually want to buy it. We could also use a tool like Spamzilla, which is a paid tool, but it’s only like 30 bucks a month. You can learn more about that at spamzilla.com. And we could use this to find domains that are both worthwhile by the name alone and also by back links and stuff. This does all the work for you. So for example, let’s say we have stayathotels.com. It’s in the hotel niche. It’s a pretty catchy name. It’s got some back links. It’s got some stuff that is associated with it, that’s doing pretty good. Now, nothing to write home about in terms of back links, but it does rank for a couple keywords and we can check those out.
Now we can go to the GoDaddy keyword tool and say, stayathotels.com and see what the estimated value is. Now when using this tool, this is the part where we’re going to talk about the flaws and how to really look at what these are worth. Right here, I have stayathotels.com. This is showing an estimated value of $1,271. It’s very important that we go over here and look at stayathome, which went for $15,000. These are the actual sales of related domains. Now, in order to work your way around this tool, we’re going to look at these, see what they’re like. We’re going to scroll to the bottom. See what the hotel ones are like. We have save on hotels, went for 1500, stayinparis, stayinbusiness, soldouthotels, 1250. And we could even do something like hotels.com and see if it gives us better results.
Hotels.club, hotels.co.com. Hotels here. We could see lots of money. We can even do something like stayhotels. Stayhotels, 4,500 stayinns 3,200. So we got quite a bit of stuff here for hotels, which is looking pretty good. We could even do like cheaphotels or whatever it is and find out what’s going on. What the value is like in this market. Now I can see here that based on the stuff I found for our hotel domain, I think I could at least get $500 for this domain if I found the right buyer, which we’ll talk about in a little bit. So this one here valued at 1200. Yeah. I think that might be a little high, although it might not be, this is actually one of the more accurate ones. So my question here is, do I think this one is worth what I could buy it for?
And I probably buy this at GoDaddy or Namecheap. GoDaddy’s about 20 bucks a year and Namecheap it’s available for $9. So the question is, do I think I could sell this name for at least $9?
If the answer is yes, then I’ll buy it because there’s always a way to get my nine bucks back, which is pretty cool. So we can check Spamzilla like that. Then we can look at expired lists and sites. And now for money making method number two, I want to talk to you about how you could do this for other people. We can actually go over to Fiverr and you can type domains in. And you can see that here’s a guy that’ll go out there and find you premium domains. He doesn’t even buy them. He says, I’ll find you 10 premium domains for $50.
Now, as I just showed you can find these in seconds.
Here’s another one he says he’ll find you a hundred domains for 300 bucks or 50 for one 50 and on and on it goes. Now, of course, his value is using GoDaddy. So it’s not always accurate. But he is delivering on his promise. Here’s another one that says, he’ll find you a list of domains to sell. And lots and lots of SEO domains. Here’s one where he’ll find you SEO domains for 370, a hundred dollars and on and on we go. And if you know how to use this tool, and even if you’re using free tools, like the GoDaddy auction appraisal tool, maybe you’re using the free keyword tools at The Hoth and the free AHREFS tool. Maybe you’re using other combinations of tools. And what you can do is learn how to find good domains and start to find these for other people, whether it’s on Fiverr, whether you do this as a business. Whatever it is it’s very easy to do.
And you can use these free apps to make money. And all you would need to do is go out there. And let’s say you sold two of these a day. That’s like 800 bucks a day, or maybe two or three of these a day. That’s like $900 a day using free apps to make money based on your knowledge and working of the apps being able to find the domains for the people. And last but not least, the third way to make money is to build these sites out and rank them and rank them in profit. Now on that domain, I found earlier bitminerfactory.com. I can actually take this and build this into a site. All about Bitcoin mining stuff, the back links are related. The rankings were related. All I would need to do is build this up, put some content on it, and start getting traffic and start making money with that traffic.
Now, again, this is a little bit more risky of a method, because you got to buy the domains. But heck you guys saw how I got nerdgettingfit for 300 bucks and I’ve built that up into a powerhouse of a site and I’m not even done working on it yet. Same thing’s going to happen with bit miner and lots of the other sites that I buy and build. Now it’s very important because once you look at this, you could use these free tools to buy and sell domains, to charge people to find domains for them, or to build and rank your own sites. And if you want to learn more about this, I put together some free tools over at domaintoolbar.com and in the description of this video, there’s three more videos going into domaining even if you don’t want to buy domains. They’re going to teach you all about this and you’re going to learn exactly how this stuff works so that you can go forth and put some money in your pocket. Thanks for watching. Smash that like button. And check out the videos in the description for more info.