I am sure most of us are aware of domain valuation tools like Valuate.com, Estibot.com, DomainIndex.com and there are many more out there. In my opinion all these are simply time waste and nonsense.
Today I am going to share a way to get your domains valuated and I am sure you guys will agree that the valuation you will get will be much more satisfying compare to the above crappy sites.
Currently I am parking 99% of my domain portfolio with DomainNameSales.com and so far I am more than happy with their team members and featured pack control panel for their partners.
Since they have come out with follow up feature I mentioned earlier which is really good and I am quite impressed with their follow up and communication skill. Once my domain inquiries get inactive for 30 days than it’s forwarded to DNS team and they play their own role in order to make the lead successful. Also the inquiries received from DomainTools and GoDaddy are automatically forwarded to them. The only difference is commission structure which is 12.5% and 20% respectively.
After responding to several broker emails about what price I am looking for I decided to throw the dice back to them and see what they have to say about my domains. I was surprised to see their quote suggestions for my domains. Most of the time it was in five figures and they simply do not give you suggestion about price but also let you know why they think it’s worth $x,xxx or $xx,xxx.
That gives you more authoritative and almost perfect valuation for your domains because the team of DNS/Frank Schilling is well trained and vastly experienced in this field.
Those crappy valuation sites won’t give you the info. Not even Afternic, Sedo where you need to pay to get your domain valuated will present you the true valuation because they want to make sale as quickly as possible and take away their commission whereas I have clearly noticed about DNS team they are very much honest in giving their suggestion. They won’t try to lure you into making quick sale.
It’s been couple of months or more since I am trying collaborate with their team and unfortunately not made a single successful deal with the help of them. That doesn’t make me disappointed as they are trying their best. The thing I am trying to say is even there has been no sale with the help of them they still valuate the domains like it’s done for the portfolio of Frank Schilling.
I salute the entire team of DNS for their hard work, dedication and proper guidance. Always pleasure doing business with them.
Please note that I am not trying to influence anyone here to use DNS simply for valuation of their domains but this tip can be handy at times. I personally use only when I feel I need some guidance/assistance as to what I should ask from the potential buyer.
Feel free to comment on whether you find this helpful or not. No matter how good or good they are simply shoot one π
i agree with you,DNS has a great team of brokers.Even when i gave them a price..they quoted a better price and to my surprise the buyer accepted it!
I would like to read some tips from you about self brokering.How you quote a price or ask the buyer to make an offer:)
Thanks for reading and commenting Ajay π
Their expertise and experience counts. That’s what I was saying about their honesty as they will quote the right price no matter the domain gets sold or not through them. I simply like this quality which inspired me to write this post and share with you guys.
Okay, good idea. Hopefully I will share some tips about how do I handle my inquiries and all in my next post…
Don’t forget to subscribe the feed so that you can get my posts in your inbox π
Here you go – https://www.abdulbasit.com/domaining/handling-domain-inquiries-yourself-and-how-you-can-possibly-save-yourself-from-udrp
Apologies for the delay in writing this article. Hopefully this will help you in some way. Your comments are welcome π
Hi, Thanks for Sharing this information about DNS Valuation, whether you make a sale or not. The information they give you is of more worth, after sometime you can valuate yourself based on that the information they are giving. http://www.namingzone.com/free-domain-name-appraisal-services/ Also i have shared a short description of available free tools for free domain valuation ( they do not give exact worth but its always handy to know what these tools say about your name ) its good that DNS is very strict in approval, the day they become easy in apprvals, i am afraid to say there quality of… Read more »
Thanks Zaki for your comment π As you listed these 3 sites because currently they are the most popular among domainers but IMO all of them are crap and time waste. I have nothing personal against them but many times I have seen myself and read on Michael Berkens blog as well the poor valuation of these sites. Also these scripts cannot ever valuate your domains more accurately as compare to humans and those too very experienced bunch of guys at DNS. Yeah, I like their approval procedure where they require decent type-in domains along with good number of domains… Read more »
Hi AbdulBasit,
On behalf of the entire DNS team, we would like to thank you for your kind words. It’s been a pleasure working with you these past couple of months and we look forward to an even more fruitful partnership with you in the near future!
Jessica Ebanks
Domain Specialist | DomainNameSales.com
Jessica@domainnamesales.com
O: 1-800-818-1828 Ext. 6280
D: 1-345-623-6280
C: 1-345-927-0280
F: 1-345-746-6263
S: jessicaebanks
Hi Jessica,
Thanks for coming and I appreciate your valued feedback. It’s been really good since I switched on the follow-up feature where the entire team of DNS gives their best to convert every inquiry into successful sale.
It’s an honor to be a part of DNS. Once again thanks very much for everything π
AbdulBasit,
Domain valuation is not an exact science and hence most of the tools fails to indicate an exact value. But, the supporting points like EMD, past sales, CPCs which these valuation tools considers makes it an useful tool and not totally nonsense. You get a base value through these tools and from there how much amount you ‘add’ or ‘deduct’ is all depend on negotiations.
I quite disagree with you on some points. I am confident that these crappy valuation sites will never give you proper appraisal for LLL.com, LLLL.com, short/catchy and brandable domains. I am not saying any one can give perfect appraisal because no one can do that because there is no exact science for valuation of domains as you said. But to me these sites doesn’t even give you an idea when you try to see any LLL.com, LLLL.com, brandable names. Let’s take just one example here; as you will be aware of the sale of DUDU.com which sold for 1 Million… Read more »
I would like to repeat my lines: “You get a base value through these tools and from there how much amount you βaddβ or βdeductβ is all depend on negotiations. As a seller you’ve a complete authority on your domain whether it is setting a price (any) or asking something else. You exercise absolute monopoly as long as you wish. “Domain is worth what the buyer is willing to pay’ -doesn’t matter if you don’t want a buyer to price your domain. Thanks for your elaborate explanation. But, still I may run these tools to get an idea to set… Read more »
Yeah, getting an idea isn’t bad idea just for fun and get a glimpse of your domain. Can’t disagree on this one π
Thanks for your comments and I really appreciate it π
Salam Bro,
This is worth is weight in Gold 24k, no joke. Thank’s a Mil for that. Let’s hope we manage to get accepted by DNS.
WaAlaikum Salaam Arif,
You’re welcome π Glad you like it and wish you all the best in getting accepted with DNS. Make sure to submit your best names with them with traffic detail altogether.
[…] of months back I got a comment from Ajay about self brokering and how do I normally handle the deals. I promised him to write an article […]
this is really nice site nd helpfull thnx π
Thanks Saqib π