The past week or so I decided I would try to buy/sell domains for a profit. There is one thing I want to make clear to all new domainers.
Automated appraisals (such as estibot, domaintops, etc..) are not an accurate appraisal all the time!
Never buy a domain based on what an automated appraisal says. I found myself thinking of what I thought was a good domain name, then before buying it I would use estibot to make sure it was more than what it would cost for me to register that domain. Over the past week or so I have wasted 50 dollars buying domains on what a bot told me the name was worth.
Just thought Id share my mistake with everyone.
Automated appraisals (such as estibot, domaintops, etc..) are not an accurate appraisal all the time!
Never buy a domain based on what an automated appraisal says. I found myself thinking of what I thought was a good domain name, then before buying it I would use estibot to make sure it was more than what it would cost for me to register that domain. Over the past week or so I have wasted 50 dollars buying domains on what a bot told me the name was worth.
Just thought Id share my mistake with everyone.