Godaddy valuations (2.Viewing)

"Maybe" they're somehow using chat gpt as part of their valuation algorithm now too?

It's true they were never static but I definitely noticed a significant bump in valuations across the board too.

Esdiel said:

"Maybe" they're somehow using chat gpt as part of their valuation algorithm now too?

Click to expand...

Nope. Nothing like that. But a ton of recent sales data was added, as you'd expect of any valuation model.

jamesiles said:

Nope. Nothing like that. But a ton of recent sales data was added, as you'd expect of any valuation model.

Click to expand...

When is GoDaddy going to add appraisals above $25K?

It is not that helpful when you see top tier domains, and it just says $25K+ as the appraisal.

Brad

DataCube said:

When is GoDaddy going to add appraisals above $25K?

It is not that helpful when you see top tier domains, and it just says $25K+ as the appraisal.

Brad

Click to expand...

I agree. That language will change while GoDaddy works on adding higher value appraisal data

The $25K limit has never been an issue for my domains lol

It seems surprising how much change there seems if no algorithm change, but James has indicated that lots and lots of new sales data added.
From what testing I did, it seems that .com and .org that were worth much are now valued somewhat higher, but not universally.
.Com and .org that were unregistered or of low value before are now much lower. That means it has become more discriminating, which is good.
I only checked a selection of my .ca, but it seemed to me that most single word .ca are now higher valuations. Interested in what others observed.
Instead of >$25k for higher value, they now say that this valuable domain name cannot be automatically appraised.
Since the algorithm did not change, it still does not handle new gTLDs in a meaningful fashion that looks at the match across the dot.
-Bob

DataCube said:

When is GoDaddy going to add appraisals above $25K?

It is not that helpful when you see top tier domains, and it just says $25K+ as the appraisal.

Brad

Click to expand...

As promised, the $25k reference has been removed. We're working longer term on adding higher value domain sales data.

I had a few domains that used to say above $25,000 and all of them are below $25,000 now.

So just wondering if anyone here has a .com that now says "too high to estimate" ?

None of my .ca's go that high or anywhere near so I thought I would ask about .ca & .com

Post a screenshot if you can

Yes, my .com’s that previously said 25K now show less than 25K.

Which one is more accurate?


Well let me tell you that if you add a zero to the end of the godaddy evaluation, I turned down a larger offer from an LLC.

And forgot to mention....

I purchased Waterloo.com from Afternic and the domain was OWNED by Godaddy/Afternic, it was not sold through the network but actually owned.

It then sold through my GoDaddy account and I paid it directly to GoDaddy, not Afternic.

The funny thing is I actually paid more than the appraisal above which is weird, almost like GoDaddy does not have their own data.

I also bought a few domains from HugeDomain and paid through Godaddy (they have a partnership) and even though those sales are logged at godaddy the appraisals come in lower.

So if you sell a domain on Godaddy for 50k you are not assured an appraisal will come out at 50k.

I find that so strange because the domain has a history of a sale already and not in the aftermarket but right at GoDaddy.

Well, one cannot blame Godaddy for favouring .COMs over the .CAs, since that is what brought in their gazillions. After all, they are not a Canadian Registrar, but a Registrar doing business in Canada. I am not arguing that .CAs are superior to the .Coms, but a reasonable valuation should be provided for .CAs by Godaddy, after all they are the ones who also benefit from the 15%-25% they charge on sales of our domains. I could understand the tactics of undervaluing the .CA's in their valuation tool, but I for one, don't trust that tool any day. I always multiply by a factor of 5, to determine resonable value, since it's that bad.

Bob Hawkes said:

It seems surprising how much change there seems if no algorithm change, but James has indicated that lots and lots of new sales data added.
From what testing I did, it seems that .com and .org that were worth much are now valued somewhat higher, but not universally.
.Com and .org that were unregistered or of low value before are now much lower. That means it has become more discriminating, which is good.
I only checked a selection of my .ca, but it seemed to me that most single word .ca are now higher valuations. Interested in what others observed.
Instead of >$25k for higher value, they now say that this valuable domain name cannot be automatically appraised.
Since the algorithm did not change, it still does not handle new gTLDs in a meaningful fashion that looks at the match across the dot.
-Bob

Click to expand...

From what I am seeing is that the impact has been larger on .ca domains than on .com's. I think that makes sense as they likely already had a lot more .com data, so adding more would have less of an impact on calculations.