Domain Appraisals by Rick Schwartz (1 Viewing)

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So these STUPID, unqualified and garbage Automated Domain valuations by
@estibot
and
@Godaddy
don't weigh the most important factors!!

NEED, WANT, DESIRE, PURPOSE, USE, VALUE and other things like that. TOTAL GARBAGE!

Those are the most important elements in valuation and they don't factor any of it in because they don't have the brains to do it. They have unqualified idiots doing this crap. Unqualified idiots.

They have given no weight to the most important things. That's why they are both garbage. And only a fool would pay attention to them.

And that's why the minute anyone points to one of these whether it's
@Estebt
or
@GoDaddy
I am done. They have poisoned the negotiation. I don't want anything further to do with them. I don't deal with morons idiots, and fools.

Just to be clear,
@Estibot
and
@godaddy
do a lot of damage to the Domain industry and they are ridiculous for them to keep doing it. I will rail on them forever. I will put their valuations down every moment I can. You know why? It's fucking garbage! And these companies should be ashamed of themselves!! ASHAMED!!

I will continue to shame them at every opportunity I have. If you use these tools, you are an idiot. I don't deal with idiots, fools and morons.

When you match up their valuations with some of the premium sales, you can see just how unqualified garbage they are spewing. Shameful. They have no basis for it. They pull numbers out of their stupid fucking ass by unqualified folks and useless and worthless algorithms.

Domain investors have never done a single thing in my 30 years collectively. But on this, they should demand that these companies
@Estibot
and
@GoDaddy
pull this crap down because they are doing horrible damage to our industry. They are fucked up people to do this to us. They're not our friends these are our enemies!!

Wake the f*** up. How stupid can Domain investors be? Accepting this garbage is unacceptable!!

Stand up and speak out or keep getting hurt by this garbage. These companies are your ENEMIES. Wake the f*** up.

they have a responsibility to get it right or take it down and they could care less as they damage the entire industry endlessly day after day. Horrible!
 
This is one area I agree with Rick. The valuations provided by Godaddy and Estibot are absolutely garbage. I wonder why they would do that to themselves, since they make a cut in the purchases they successfully complete. Trashing the value of domains on their site and then trying to "educate" the buyer on the real value is unwarranted. If they have great valuation tools, somewhat similar or better than Graen or Saw, they don't have to educate the "buyer" on the potential value of the domain name. I am not here to tell anyone that they are taking advantage of the $69.99 fee everyone has to pay to submit an offer but they are making it hard on themselves to qualify the buyer to make a more educated offer. The buyer sees a crappy $1000 valuation on a high 5 figure domain and then pays $69.99 to inquire about it. Sounds like a business plan, but they would be making much more providing a realistic valuation and getting the buyer prepared to make a reasonable and respective offer. Hope they learn soon.
 

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