Quote:
Originally Posted by BlackElf
ALSO VERY IMPORTANT - the conclusion is go with well know established companies 
Next time it is only Sedo for me |
Actually the conclusion should be to never get a paid appraisal period. They are almost completely worthless. Sedo appraised a domain I had at I believe $2,150 (many years ago so I don't remember much) and I sold it for $60,000 (which yes was some time after getting that appraisal but I had gotten a $20k offer only about a month or two after that appraisal). In fact, come to think of it, in order to feature it at Afternic which I tried to do once, it got appraised there - they do a low/high and the low was about $2k and the high like $19k, and that was well after I had gotten the $20k offer.
The reason appraisals aren't worth getting right now is that there's no defined system by which to do them. Those companies make their own system up to do it which has no way of working every time. I used to be in the real estate industry and they've had more or less an established system of doing real estate appraisals for decades but there's still a lot of variance and disputes, etc. The only difference is that the most they're ever off is usually about 20% and as you can see, that pales in comparison to being over 96% off, lol.