Godaddy valuations (4.Viewing)

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Bonfire.ca
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I've made a habit of tracking published domain valuations for my domains, from Godaddy and a handful of others. So when I buy a domain, or when I get an inquiry on a domain, I check them, and keep a record attached to that inquiry. This allows me to see how these valuations change over time. For a long time, I've not seen any significant changes in valuations, but there are significant differences in valuations between services. Some do a piss poor job of valuing .ca, some completely miss out on non-english words (which kills french word valuations), etc, etc. Of course these valuations are only one opinion, automated based on some formula and various indicators, so I take them with a huge grain of salt.

Occasionally, they can be helpful to educate domain buyers as to the value. In any case, I figure its data, so usefulness aside, I am going to continue to record it.

However, lately I've noticed that GoDaddy valuations for some .CA domains have jumped significantly. One I just checked now jumped by a factor of 2.35 just in the past month. I also noticed that the valuation also doubled at another place as well - one that traditionally has really lowballed .CA valuations. It's still very low, but it did double suddenly, which is at least encouraging.

I wonder if Godaddy is recognizing that their low valuations are hurting sales activities in the .ca space? Maybe they've realized they're not going to get sellers to sell cheaper, so now they're trying to work the other end and trying to convince buyers that the domain is more valuable, thus bringing buyer and seller expectations more closely in line, and thus more likely to result in a sale.

Anyone else notice this trend on their domains?
 
As long as they value red.ca in the 10k usd range they are still full of it.

I look at that domain as a marker, it meets every single criteria as a top notch .ca domain and they still only value it near 10k.

dn.ca is at 11k which makes godaddy domain appraisals about as useless as it gets.
 
Well I agree, by far Godaddy's worst valuations are for the best domains. .CA domains I've bought or sold in the 6-figure range are valued $5K - $15K, lol.

The point of the post is that I'm noticing that their valuations are going up, in some cases, significantly, and that's clearly better. I'm just checking some others and an LLL increased 3.7x, another only by 1.5x, others not much at all. They've clearly changed their formula, added some new data sources, or something. I've never noticed any significant changes in their valuations this quickly or this wide-spread before.

I own a lot of domains, so for many of them, the valuations may become more realistic, and if so, then maybe we can begin to use those valuations to help educate our buyers. For domains that are clearly undervalued, that's fine, its never going to convince me to sell at that price, I'm waiting for the one or two buyers that may ever come along that will understand that value.

And yes, I also track Graen valuations, which are more in line with my actual historical sales, but still quite undervalued at the top top end.

I also check Saw.com, DomainIndex, Estibot and PC.domains. Anyone have any others to suggest that might be worth tracking?
 
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