There’s a familiar adage, “A domain is only worth what a buyer is willing to pay.” Well, this is true — but it’s also counter-intuitive when you’re seeking pricing benchmarks and don’t know where to turn for guidance.
Maybe you’re looking to acquire a domain on Flippa and want some feedback on the investment you’re about to make. Or maybe you’re ready to list a domain at auction and are having trouble configuring what to price the opening bid at to attract the most bidders.
With valuation tools on the market that are automated and algorithmic, we wanted to dive straight into the Flippa community to better-serve our buyers and sellers.
So why should you take part? For one, if you seek the crowd’s input on a domain name you have invested in long-term, or are looking to buy or sell.
Furthermore, every week, the Flippa user that appraises the most submissions will receive a Free Premium Upgrade ($250 value). So if you feel like competing to be the most prolific appraiser, there’s a nice reward for achieving that honor!
Last but not least, all Flippa users who take part in the appraisal process will earn a Free Domain Listing Credit for every 15 appraisals they complete (capped at 1 credit per week).
The Doman Appraisals tool can now be found under the ‘Domains’ drop-down at the top of your page:
Submit A Domain
Want to get your domain in front of the crowd? First thing’s first, click the green button.
Request An Appraisal
Be sure to provide all necessary information about your domain so appraisers can factor it into their valuation. Check your work and then Submit.
See What The Crowd Says
When valuations come in, they are priced at the median-value of all appraisals submitted. ‘Like’ or ‘comment’ on your peers’ input for further feedback.
While the actual appraisal process is crowdsourced by Flippa users, a team of moderators in our Domains Department are the ones behind the scenes determining which domains make it into the queue.
Questions, Comments, Feedback?
Have you used the new appraisal tool? Were you appraising others, or was your domain appraised…or both? Do you have questions, comments, feedback on functionality or feature requests? Drop us a comment below ~ We’re excited to hear from you!