{"id":1024,"date":"2013-04-08T00:00:00","date_gmt":"2023-05-12T21:28:49","guid":{"rendered":"https:\/\/mediaoptions.com\/blog\/domain-value-appraisal-scam-beware\/"},"modified":"2024-11-14T09:57:22","modified_gmt":"2024-11-14T09:57:22","slug":"blog-domain-value-appraisal-scam-beware","status":"publish","type":"post","link":"https:\/\/mediaoptions.com\/blog\/domain-value-appraisal-scam-beware\/","title":{"rendered":"Domain Appraisal Scam; oldest trick in the book"},"content":{"rendered":"<section>\n<div class=\"blog-post__StyledBody-rvmjj0-5 opGdZ\">\n<p>What do we normally do when we want to know the estimated value of an asset?\u00a0 If it\u2019s a home, we contact a property appraiser.\u00a0 If it\u2019s your car, you consult the Kelley Blue Book. A gemologist can appraise your grandmother\u2019s jewelry.<\/p>\n<p><strong>But,domain names don\u2019t fall into simple appraisal categories like homes, cars and jewelry do.<\/strong><\/p>\n<p>Buyers purchase domains for many different reasons.\u00a0\u00a0 It could be for investment, for end-user website development, or simply to keep them out of the hands of competitors.\u00a0 Each of those purposes might reflect a different value to the buyer (i.e. : wholesale domain price vs. retail domain value).\u00a0 A professional domain broker is the best way to get an accurate appraisal for your domain name based upon the domain name itself and your goals in terms of timing, liquidity &amp; urgency.<\/p>\n<p>Often times comparable past domain sales are also a good way of getting a reasonable and accurate value range for your domain name. Our society\u2019s need to place a monetary value on an asset often pressures domain owners to valuate their portfolios in preparation for that big sale.\u00a0 Yet take heed of emails from potential buyers that require a domain appraisal, because they may not be buyers at all.\u00a0 Such emails seem to make the rounds every few months.\u00a0 They will offer to purchase a domain from you at an inflated price, \u201cif you\u2019ll only get an appraisal first.\u201d<\/p>\n<p><strong>Here\u2019s an example of such an email:<\/strong><\/p>\n<p>\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014- <em>Hello!<\/em> <em>I\u2019m very interested in purchasing [domain].<\/em> <em>I found it listed for sale.<\/em> <em>Please respond with a desired price for your domain in the subject line (in USD, Euros or other currency).<\/em> <em>If you have other names for sale please email me your list with prices.<\/em> <em>Regards,<\/em> <em>Aaron Anderson<\/em> <em>CEO<\/em> <em>Live Host Solutions<\/em> \u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014- <em><strong>When you respond, you will receive a second email that looks something like this:<\/strong><\/em> \u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014- <em>I\u2019m thinking about xxx USD for your domain. What do you think about this price range? I have 400,000 budget for 30-40 names. But I need a professional valuation (domain appraisal) from you first. Without a professional appraisal we both cannot be 100% sure in the final sale price. It will minimize my investing risks.<\/em> _Of course, we must engage a valuation company with a REAL manual service.<\/p>\n<p>I don\u2019t trust automated services from companies I\u2019ve never heard about._ <em>I also need an appraisal service which verifies a possible trademark infringement. It\u2019s important for me to know that you domain has no problems with trademarks. You should not worry about it. You don\u2019t need to pay a fee for this trademark verification service. Some good appraisers include this option (trademark infringement verification) as a free bonus to the appraisal service.<\/em> <em>To avoid mistakes I asked domain experts about reputable appraisal services with the trademark verification option. Please check this blog with suggestions from other sellers and buyers: [a link will send the user to a fraudulent appraisal service Web site.]<\/em> <em>After you send me the professional valuation via email (usually it takes 1-2days to obtain it) we\u2019ll continue our negotiations.<\/em> \u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014- When the reader clicks on the link, he is taken to a site that charges money for a manual appraisal, but no appraisal is ever sent; and of course, the potential buyer disappears into thin air.<\/p>\n<p>Morgan Linton, of Linton Investments, is collecting examples of such emails; if you think that you have received one of these scam emails, you can compare yours or add your example.\u00a0 Linton believes in spreading the word about these fraudulent emails in an effort to educate domain owners before they\u2019re swindled. Remember that a good domain broker and 99% of serious buyers will never ask for an appraisal from the seller.<\/p>\n<p>A good broker doesn\u2019t need one and a serious buyer already knows what the domain is worth to them or their company regardless of it\u2019s \u201cvalue\u201d.\u00a0 By choosing a reputable domain broker, you may have a better chance of receiving a fair price for your domain through honest, experiences &amp; educated negotiation.\u00a0 Save that appraisal money for your grandma\u2019s jewelry, or better yet, for purchasing your next great domain name.<\/p>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>What do we normally do when we want to know the estimated value of an asset?\u00a0 If it\u2019s a home, we contact a property appraiser.\u00a0 If it\u2019s your car, you consult the Kelley Blue Book. A gemologist can appraise your grandmother\u2019s jewelry. But,domain names don\u2019t fall into simple appraisal categories like homes, cars and jewelry &#8230;<\/p>\n","protected":false},"author":11,"featured_media":3795,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-1024","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news","8":"entry"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Domain Appraisal Scam; oldest trick in the book - MediaOptions<\/title>\n<meta name=\"description\" content=\"What do we normally do when we want to know the estimated value of an asset?\u00a0 If it\u2019s a home, we contact a property appraiser.\u00a0 If it\u2019s your car, you\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/mediaoptions.com\/blog\/domain-value-appraisal-scam-beware\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Domain Appraisal Scam; 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