Webmaster, you may be sitting on a gold mine with your already registered domain names. Could your $10 domain names be worth hundreds or even thousands? There is only one way to find out, domain name appraisal!
Rags to Riches
You may have heard ‘rags to riches' type stories of cheap domain names resold for hundreds of thousands of dollars. During the good old days of the Internet boom this was possible. However, things have slowed down considerably since then and there it is very rare to hear of a domain name sold for more than $10,000.
While big deal domain sales occur less often in today's domain market, selling domain names can still be very profitable. Short, catchy, .com domain names are selling for upwards of $5,000 on the domain aftermarket. Other longer, but still usable, .com's can be worth hundreds of dollars.
Determining Domain Value
How is the appraised domain value determined? Well, there are a lot of variables (and they are constantly changing), which is why we recommend having your domain name appraised by a professional to determine its worth. Domain valuation services are able to take into account the latest variables and have access to information concerning the availability of domain names to place a price on the name.
Benefits of Domain Name Appraisal
Domain appraisal services aren't usually free. They may cost from $5-$50 per domain name (discounts for bulk appraisals.) However, domain name appraisals are beneficial for both the seller and the potential buyer. If you have an official appraisal of your domain, buyers respect your asking amount and you'll be less likely to sell your name for less than its worth. Having an official appraisal, or two, will give valuation proof to buyers and credibility to your domain asking price.
Recommend Domain Name Appraisers
The following are domain valuation services that can appraise your domain name and determine its value: