Wanted: Domain Appraisal appraisal: pokerchips.co.uk

[waverley]

Would be interested to hear what you guys think this is worth.

Thanks,
Chris

 

[Admin]

I'd say its worth much more, Internet-Poker.co.uk sold for £1,600

 

[grantw]

Nice domain, I would expect an end user to pay mid to high £x,xxx.

Grant

 

[rob]

Nice domain, I would expect an end user to pay mid to high £x,xxx.

Grant

Agreed - there will be someone with £10k doable for this for sure, lower for quicker sales.

Nice name I love it

 

[grantw]

If I was setting up a business selling poker chips then I would gladly pay way more than £3k for this domain, It is obvioulsy the ultimate domain name for this fairly big sector.

Appraisals on here are not about what we would pay for them as we are mainly all domain resellers, they are about what we would expect from an end user if we owned and were selling the domain.

Grant

 

[grantw]

OK, by posting a top notch domain for an appraisal on here I am assuming that the guy is looking for an appraisal based on the end user value, not what a bunch of lowballing domain resellers are willing to pay.

My appraisal still stands, if I owned this I would be looking for mid to high xxxx for it and I wouldn't be expecting anyone on this forum to pay that because we are all resellers.

Grant

 

[rob]

Maybe back in 1999 but not now.

I would say thats the wrong way round. In 1999 it would be "PokerChips4u.com" getting millions of quid funding but now the focus is on decent descriptive / short terms.

So I take it you three would be willing to pay £3k for this domain, a good discount for a quick sale based upon your appraisals.

2-3k would be a good price for a reseller to nab the name at yes.

I worked for the Uk's top bookmaker for 5 years, and know lots of people here and in Gibralter, they just dont buy names at those prices, 3k yes, 5-10 no. Unless of course it is a pair and has potential. i sold two gambling domains to one of the posters in this thread, they got the names a few hundred less than they were worth, I know this as I was offered more once the sale was agreed, and this way by a big company.

Likewise I know of large .uk sales in the £xx,xxx to speculators and end user companies in betting fields - one of which was a name of a comparable nature - ie. more a sub term rather than generic descriptor.

I am not saying you are wrong or I am right as everyone cannot be aware of all sales. What it does show is that appraisal threads such as these are useful as it gives a nice big mixing pot for all opinions and knowledge to mix.

So far we have learnt that the name is worth min of a couple of grand and likely to be able to get ~£5k for it, but more is possible. Lex will then pop on and say its worth a million quid, then we can all go to Hawaii

My point being, an appraisal should be what people could see themselves paying, not making an offer, but what they genuinely feel the domain is worth to them, that way any poster gets a range and in turn the market sets the value.

Thats tosh - apprisals should be (IMHO) reseller and end user, not what its worth to me as a domainer. There are loads of tyre kickers on boards who will offer £500 all day long for a £10k+ name.

To me this domain would be worth a grand as a resale target - but there are domains out there that fit better to what and who I know. If I had the right gambling related contacts it would be worth apprasing it £low and paying £2-3k to pick it up and turn it around However thats not cricket

That way if you all genuinely feel that a domain is worth mid to high £x,xxx even though you arenot buying at present, if it were offered to you at £3,000 you would have to purchase, as it would be too good an opportunity to miss. unless of course you over valued it originally.

So a domain appraisal has to be at 50% ? If a £100k name was posted would I be banned from saying its worth £100k as I dont want to fork out £50k for it?!

If I am wrong, so be it, but an appraisal should be correct, it has to start somewhere on the web, why not here at Acorn Domains.

I think on the whole Acorn is the most honest and realistic free appraisal venues for none domainers around (in .uk)

Unless of course you all work for Sedo, and over valued domains just keep them parked forever and a day, making you money yes, but the parking company much more.

I have always been impressed with sedo valuations usually within 10%ish of a sales price or an offer, apart from once which they were £40,000 under price, but that was a 'special' name.

Appraisals are so far out of sync

Is it really that crazy to say PokerChips.co.uk could be worth £5000 - £10,000? If it popped up as sold somewhere for a figure around that I doubt there would be many that suprised.

Usual disclaimer : Domains are worth what someone will pay for them , and the likelihood of a sale counts towards a domains value.

It would be interested to hear from the domain owner, as I am guessing that he/she might have had a few offers over the last few years?

 

[Admin]

Internet Poker is a much stronger name, but I am surprised it got that much with a hyphen. I have uncovered many a published domain sale as false, a few people, some I know, pretend they are sold merely to get traffic, and then offer the domain at a lower price, making it look like a bargain. Very underhanded, but it does go on.

I see that InternetPoker.co.uk has not been renewed yet, 7th october renewal date, I better give them a bell. Getting a bit fed up being an Angel though, no one seems to listen and domain after domain is dropped. Great for drop catchers of course

Happy Domaining

This is not a false sale value, I can personally vouch for its truthfulness.

 

[rob]

But I take it you dont want to pay £3k either then.

As I said above- To me this domain would be worth a grand as a resale target (bargain not to be missed etc) - but there are domains out there that fit better to what and who I know.

Those are the names I am spending my cash on and actively doing so (from various sources including forum members who can vouch)

There are forum members who are active in casino areas and probably would be interested 2-3k for the name.

Sedo appraisals that spot on??? I find it very hard to believe, but I will give it a go and see for myself.

I like sedo parking, just not their claims about domains and their popularity.

Yup - pretty decent in my experiance, but I guess it depends on the name and if they have sales data. I do wish they would chop their 15 odd page PDF's down as its just the 'comparable sales' and sedo knowledge that gives the end price thats worth having Just the one page please sedo!

 

[waverley]

Hi folks,

Thanks for your comments, it's been interesting reading them. A valuation of somewhere between £5-10,000 is what I had in mind, although clearly some of you would think that's on the optimistic side.

The main reason is that I think this domain would provide an excellent basis for a business. Poker has become extremely popular in the UK over recent years and consequently there's a fairly substantial market out there for chips.

I don't think the fact that Asda, Tesco's etc have started selling poker chips detracts from the domain's value - this is simply a reflection of the high demand for chips. Besides which, I think there'll always be a market for a higher-end product than you're likely to find at those stores.

I have had a fair bit of interest in this domain over the past few years, including several offers in the low thousands. I've turned them down primarily because I ultimately intend to start some sort of business around the domain.

I did sell poker-chips.co.uk a few months ago for just around £2000 which I thought was a fair price. Hyphenated domains are in my experience worth considerably less than their unhyphenated counterparts, so I think this is a fairly good clue as to the domain's value.

It may be of interest to some of you that I also sold another poker related domain name - texasholdem.co.uk - for £5000 about a year ago, and visitlasvegas.co.uk for £2500. The latter subsequently got used in a massive promotion on the Tube by the Las Vegas Tourist Board.

Good luck all!

Chris