New web site makes it easy to get peer appraisals of your domain names.
Domain monetization service WhyPark has released a nifty new tool for getting domain name appraisals from your peers.
Dubbed GroupValuation, the tool lets you submit domains to be appraised and easily appraise others’ domain names. For each ten domains you appraise, you can submit one of your domain names.
It’s simple, and that’s what I like about it. When you post for an appraisal at a domain forum you get a hodge-podge of responses. With GroupValuation, all you do is submit and then check in to see your numbers. The web tool calculates averages for you, and you can exclude any of the appraisals from your average.
As with all appraisals, take the results with a grain of salt. They should be used as one more data point in a long list of valuation approaches. But I could see how posting a domain on GroupValuation.com could have another benefit: someone might contact you to buy the domain.
At the risk of hurting the simplicity of GroupValuation, it would be nice to leave a comment with your appraisals. Sometimes comments are more helpful than numbers.