16 May '18, 3pm

Selection bias and domain name appraisals

Only looking at the domains you sell will skew your opinion of domain name appraisals. Automated domain name appraisals, such as those provided by Estibot and Godaddy, are extremely controversial in domainer circles. Focusing on cases in which domains sell for much more than the appraised value is an easy way to try to discredit these appraisals. Consider this post that Mike Mann made on Facebook comparing his sales to GoDaddy’s appraisals: He notes “All inclusive of our top sales, not selective.” Yet, by focusing only on his top sales, he is making a great example of selection bias . Mike holds out for top dollar on his domains. So of course when he gets this top dollar, the number is going to be way off from an automated appraisal. If someone appraises my domain at $10,000, and I refuse to sell it for less than $20,000, then the appraisal (whether automated or by a human...

Full article: https://domainnamewire.com/2018/05/16/selection-bias-and-...

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