It is a common notion in the domain industry that if you ask ten domain experts what a domain name is worth you'll get ten completely different answers ranging from several dollars to several million dollars.
The purpose of EstiBot is to provide consistent, reasonable and data derived valuations for assets that would normally have highly subjective values, domain names. Our goal is to create a baseline valuation so that negotiations can begin.
By introducing an algorithmic approach to domain valuations, we eliminate the inconsitency created by human bias, mood swings and conflicting interests. By normalizing domain values we create an environment that is stable and safe.
The end result of our work is market stability. A stable market results in commerce and confidence in trade.
Trust is critical to the integrity of any appraisal service.
EstiBot is the only domain appraisal company whose core business is domain name appraisal. We have been in the appraisal business for over a decade and have gained the trust and respect of domain investors, financial insitutions and government agencies.
It's important to note that all competing domain appraisal services are owned by companies that benefit from buying or selling of domain names and therefore have a strong bias towards producing prices that benefit them.
For example, an appraisal system ran by a registrar may produce highly inflated values of an available domain name in order to entice a potential customer to register such a domain. In the aftermarket, registrars may produce highly inflated prices on expiring domains to stimulate higher bids in their auctions.
EstiBot is a software company. We do not engage in domain investing or domain name registration or resale. We have no interest in what domains you buy, sell or appraise. Our core business is domain name appraisals.
Consistency is absolutely vital to the stability any market.
Our promise is to provide consistent, unbiased and reasonable valuations of domain names.
EstiBot relies on a statistically derived model to calculate the value of a domain name based on over one hundred internal and external domain attributes. The model is updated contiously to reflect the latest market trends.
Internal attributes include domain length, extension, word count, pronunciation and other characteristics directly linked to a specific domain. External attributes refer to third party data such as a domain's search popularity, type-in rank. age and much more
The characteristics of a specific domain name are then compared to those of previously sold domain names and the valuation is based on that comparison.