Posted by Mitch Mitchell on Jul 18, 2009
Ever since I met this guy a couple of weeks ago, I’ve been wondering if there was a website where one could go to not only get some kind of appraisal of existing domain names, but of domain names that have yet to be purchased. I don’t know how accurate any of them would be, but there’s something about speculation that I just think is fun sometimes.
Earlier this evening I was going through many blogs that I follow, and I came across the name for one of those sites, Tech Jaws, that mentioned a site one could check. The name of the site is Nameboy, and it does quite a few things.
One, it can help you figure out some names for domain names you might want to purchase based on keywords you enter.
Two, you can check domain names to see if they exist and learn all sorts of information about them.
And three, what I wanted to test, you can pop in domain names and have it give you an estimated appraisal based on its algorithms.
I decided to test four sites, three of them mine, and one that doesn’t exist, but something I’m thinking about for the future. Those sites are this one, Services and Stuff, Reviews of Everything, and medicalbillingwiki.com, the one that doesn’t exist yet.
It took about 15 minutes to get the appraisal, as you enter an email address and you receive a link which you click on to go see your information. It does a lot of informational review based on the words you use in your domain name and your keywords. For this blog, it first gave me an initial appraisal evaluation. It counted how many letters I had in my domain name, tried to figure out how many words it represented (it came up with 5; I’m not sure how), assigned an internet occurrence value and an internet market value percentage, and some other stuff that I have no idea what it means.
Next, it gets into some of its other appraisals and criteria. The first one is called Initial Valuation Criteria. It first liked that it was a dotcom blog. It liked that the domain name was less than 15 characters; the shorter the better, it seems. It liked that I didn’t have hyphens. It liked that it didn’t have any numbers in it.
Next is Market Based Appraisal Criteria. It didn’t like that I have more than 5 English words in my domain name. Since there’s only 3, I assume the “5” words are I M Just Share Ing, which makes no sense but oh well. It then told me that my keywords produce a large number of search results. It also said my domain name contains keywords that have a high search value; I’m trying to think of which ones. It told me that keywords in my domain name are occasionally searched for on their site; must be the I. Finally it said my domain name contained one or more proper names; once again, has to be that I.
Next we have Appraised Dollar Value, and we’re finally getting to the meat and potatoes. It first congratulated me for my very high appraisal value; we’re only talking domain name now. That value is $1,775. That’s what it is, plain and simple. No look at the rest of the site, just the domain name. I find that interesting.
My Services and Stuff domain got almost everything right. The only thing it doesn’t have going for it is that the words aren’t searched for all that often; I can see why. Still, it got an appraisal value of $3,658; ouch! That’s pretty good if you ask me; I wonder if I can find someone who’d buy it off me. That domain, by the way, was previously owned, which I didn’t know until I bought it, so that might help its value some.
My Reviews of Everything site didn’t fare as well, mainly because it’s a .info site. It did get some things right, but in the end, its value came in at $464. It still congratulated me, but I’m thinking it wasn’t deserved. If the guy who owns the .com ever gives it up, I’m grabbing that puppy quickly.
Finally my test site name, Medical Billing Wiki. It thinks the site has 6 words in the domain name, and I just can’t see it. That brings its value down drastically. It’s also too long. In general, it just doesn’t like the name at all, and it gave me an appraisal value of $19; I guess it won’t get any competition if I decide to buy it one day.
Anyway, as I said, we take these things with a grain of salt, but it’s still an intriguing tool that, if you’re so inclined, you might be persuaded to check out.