Originally Posted by Aniqa
Automated appraisals are not always accurate. For a better appraisal you could ask people to appraise your domain at domain name related forums.
The only problem with this, is that you run the risk of being on the wrong domain name related forum/site. You can see this "mis-information" in use by viewing domain names for sale on that popular auction site
The most expensive domain sold to date is insure.com which sold for 16 Million dollars.
If you're going to use forums/sites, make sure it's a serious forum, and not some fly by night crap.
The automated ones, while flawed at times, give a base pricing, usually based on the same factors that domainers look for in evaluation of a domain.
They also don't use emotional attachment to a domain either..
For giggles and grins, here's the top ten domain names sold
1. Insure.com, sold to QuinStreet for $16 million in 2009.
2. Sex.com, sold for $12-$14 million in 2006.
3. Fund.com, sold for $9.99 million in 2008.
4. Porn.com, sold for $9.5 million in 2007.
5. Business.com, sold for $7.5 million in 1999.
6. Diamond.com, sold to Ice.com for $7.5 million in 2006.
7. Beer.com, sold for $7 million in 2004.
8. Israel.com, sold for $5.88 million in 2004.
9. Casino.com, sold for $5.5 million in 2003.
10. Toys.com, sold to Toys ‘R Us for $5.1 million in 2009.