Domain Name Appraisal Information
All things are not necessarily equal in the real world. Most things have their own distinction, which means equality is not always the case. This is particularly true when it comes to domain names. You will find that all domain names are definitely not equal! One of the main issues with domain names today is the fact that most of the common words have already been chosen for domain names. (Visit my website for good ideas for domain names.) Simple yet common one word .com names are very valuable today, much more than multiple word domains.
When you understand that no two domain names have the same exact value, a very important process in the internet business world is domain name appraisal. Selling and purchasing domain names led to the need for appraisals. What then is a domain name appraisal?
Domain name appraisal is a method of sizing up a domain name to come to a decision about the monetary worth of the said name. You could compare it, at least to some level, to a real estate appraisal or other form of appraisal. Sadly, unlike vehicles, houses and other 'real' property, there is not any way to standardize the process. This implies that domain appraisals are simply an opinion and can be relative. Today, it is pretty much impossible to ascertain and conclusively prove a domain name's precise monetary value.
That being said, domain name appraisal still has its place in the world of buying and selling domains. An expert opinion on what your domain is worth can be beneficial, particularly if you ever opt to sell the name. It is always better to have at least some idea of your domains value before listing it on the market! In these situations, domain name appraisal is considered at least a bit useful.
In an appraisal, there are a number of factors considered before a value is placed. Included factors are keyword recognition, domain name length, range of potential uses and vividness. So, what would you expect to pay for a domain name appraisal? It will vary to some degree but you can count on a $10-$30 fee. Of course, if you have bulk domains or come across discounted services, you may pay a good deal less. You could also benefit from using domain appraisal software that is provided by some appraisal firms.
Domain name appraisals are a means to an end, the end being the valuation of your domain. One word of caution here, just because you get back a favorable appraisal, do not make the mistake of thinking your domain will sell quickly. You were simply smart enough to pick a great domain name, selling it could still take some time.
When you understand that no two domain names have the same exact value, a very important process in the internet business world is domain name appraisal. Selling and purchasing domain names led to the need for appraisals. What then is a domain name appraisal?
Domain name appraisal is a method of sizing up a domain name to come to a decision about the monetary worth of the said name. You could compare it, at least to some level, to a real estate appraisal or other form of appraisal. Sadly, unlike vehicles, houses and other 'real' property, there is not any way to standardize the process. This implies that domain appraisals are simply an opinion and can be relative. Today, it is pretty much impossible to ascertain and conclusively prove a domain name's precise monetary value.
That being said, domain name appraisal still has its place in the world of buying and selling domains. An expert opinion on what your domain is worth can be beneficial, particularly if you ever opt to sell the name. It is always better to have at least some idea of your domains value before listing it on the market! In these situations, domain name appraisal is considered at least a bit useful.
In an appraisal, there are a number of factors considered before a value is placed. Included factors are keyword recognition, domain name length, range of potential uses and vividness. So, what would you expect to pay for a domain name appraisal? It will vary to some degree but you can count on a $10-$30 fee. Of course, if you have bulk domains or come across discounted services, you may pay a good deal less. You could also benefit from using domain appraisal software that is provided by some appraisal firms.
Domain name appraisals are a means to an end, the end being the valuation of your domain. One word of caution here, just because you get back a favorable appraisal, do not make the mistake of thinking your domain will sell quickly. You were simply smart enough to pick a great domain name, selling it could still take some time.
About the Author:
The writer, Joshua Nikenya, is a domain name expert who has been in the domain name field for many years. Visit his website for information on domain name reviews, how to register expired domain names, and much more regarding domain names.
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