Estibot, real or not?

Simple question really. How much faith should you have in Estibot (estibot.com) and their free valuation? Is it worth anything, does it give a hint, is it dead wrong?

Share your thoughts please.

I'd say yes it is wrong. I just tried one of my domains that is well aged, pr4, and has strong backlinks, their estimations was $10.
I would never count on an appraisal done by a bot.

Not accurate at all. Its actually not a very good valuation method. Manual appraisal considering different price factors is always a good option.

Yep, it's complete rubbish. Not even close to being accurate.

Ok, so what is an more accurate tool to use?

Lets for the sake say that Estibot is complete shite. What's left to rely on?

Meathead1234, I like that podcast you did and promoted before, maybe you could share a few ground rules when it comes to grabbing domains? What are you looking forward part from developed sites and their revenue.

andytopspin said:

Ok, so what is an more accurate tool to use?

Lets for the sake say that Estibot is complete shite. What's left to rely on?

Meathead1234, I like that podcast you did and promoted before, maybe you could share a few ground rules when it comes to grabbing domains? What are you looking forward part from developed sites and their revenue.

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Valuations are hard, especially for domains. Every "domainer" has a different formula. Your best bet would be look for some similar domains that have sold and price around that level. A good broker will always be able to give you a valuation, but bear in mind some will quote a really high price just to get the contract.

I don't do domaining at all, so can't comment on that front. I solely deal with developed and profitable sites.