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Appraising a Domain Name
Jul 19, 2004
How much is your domain name really worth? You can find out with a domain name appraisal!
Rags to Riches
You may have heard 'rags to riches' type stories of cheap domain names resold for hundreds of thousands of dollars. During the good old days of the Internet boom this was possible. However, things have slowed down considerably since then and there it is very rare to hear of a domain name sold for more than $10,000.
While big deal domain sales occur less often in today's domain market, selling domain names can still be very profitable. Short, catchy, .com domain names are selling for upwards of $5,000 on the domain aftermarket. Other longer, but still usable, .com's can be worth hundreds of dollars.
Determining Domain Value
How is the appraised domain value determined? Well, there are a lot of variables (and they are constantly changing), which is why we recommend having your domain name appraised by a professional to determine its worth. Domain valuation services are able to take into account the latest variables and have access to information concerning the availability of domain names to place a price on the name.
Benefits of Domain Appraisal
Domain appraisal services aren't usually free. They may cost from $5-$50 per domain name (discounts for bulk appraisals.) However, domain appraisals are beneficial for both the seller and the potential buyer. If you have an official appraisal of your domain, buyers respect your asking amount and you'll be less likely to sell your name for less than its worth. Having an official appraisal, or two, will give valuation proof to buyers and credibility to your domain asking price.
Recommend Domain Appraisers
The following are domain valuation services that can appraise your domain name and determine its value:
Not sure if your domain is worth enough for an appraisal? Take our little domain appraisal pretest.
Related Web Tools:
Domain Appraisal Pre-Test