Hello all,

With the upcoming Traffic auction we have decided to run an appraisal competition, the winner will receive $100 and be named “Domainstate Appraiser of the Year”

The competition will work as follows,

1. Mods have picked out 20 names of wide variety below that are in the live auction, see list below,

2. Members guess what they think each of the 20 names name will sell for. If a member misses any names they will automatically be given the guess of the the lowest value in Moniker stated opening bid range. It is strongly recommended that members make a guess on all 20 names as the default amounts are likely to be very low. The guesses must be exact dollar figures, and cannot be a range eg computer.com $30,000, not computer.com $25,000-$35,000.

3. Members need to Pm entries to Snoopy (so that people cannot see other members entries before submitting theirs). People can simply post to the thread “entry sent” if they like or we will update the thread as to who has submitted.

4. Entries will close 12 hours prior to the auction on October 12th at 2am EST and mods will post up everyone’s entries before the start of the auction.

5. Mods are not eligible for the prize but can still enter. To prevent any bias the entry collector snoopy has sent his entry to Safesys already. Safesys and Matty can also enter but won’t know other’s entries until entries are closed.

6. After the auction we tabulate all names that have sold (if a name hasn't sold then it isn't included) and compare the prices to members entries.

We will calculate each members “accuracy” using a formula for each name, (note the following formula is what we have come up with at the moment though will likely be refined somewhat)

We calculate the % of accuracy for each domain prediction of every member.

Eg if some guesses example.com is likely to sell for $50k but it actually gets $100k. The accuracy % is $50k/$100k = 50%

If another member predicts $200k (higher than what it sells for) we do the inverse calculation $100k/$200k = 50%

Thus the winner is the person with the average score closest to 100%.

7. We will also add several extra entries. Two entries compiled from data from automatic appraisal services Leapfish and Estibot as well as another entry based on random numbers.

8. Because this is the first time we have ran a competition such as this we may need to make minor alterations on the way -in particular to the formula which we are still looking at ways to improve).

List of names,

poker.mobi
investment.com
cysticfibrosis.org
wallstreet.com
golfclubs.net
promotion.com
lotto.info
computer.com
corgis.com
kuwait.com
luxuryyacht.com
sportinggoods.com
math.net
rapvideos.com
banners.com
software.info
races.com
table.com
employmentreferences.com
hy.com


More info here,

http://marketplacepro.moniker.com/auction/index.html

Entries to be submitted here,

Pm entries to Snoopy

Please ask any questions in this thread,

Good luck!

Entries thus far

218
bidawinner
bjorn_iceland
d marks
david_hellam
domainengineer
domainer111
domo sapiens
fatter
irbis10
kohashi
kyric
magick
melmunch
michael_goldman
mokum
mrpasha
namedog
nameguy
namethink
rob
*safesys
*snoopy
subg
tenaj
the columbian
webtecho
yefim247

*estibot
*leapfish

*= not eligible for prize

This is "No Purchase Necessary" to enter, right?

I have sent in my entry. How will you treat names that don't sell?

I have sent in my entry. How will you treat names that don't sell?

6. After the auction we tabulate all names that have sold (if a name hasn't sold then it isn't included)

sorry, dumb mistake... you can delete my clutter.

I'm confuse or maybe I'm not reading the details correctly. Are we to state what we think the max bid will be or should we state "will not sell / not meet reserve"?

Originally posted by ILikeInfo
I'm confuse or maybe I'm not reading the details correctly. As we to state what we think the max bid will be or should we state "will not sell / not meet reserve"?

as usual you had to complicate things

I had actually assumed I was not reading correctly.

My suggestion would be max bid regardless if it sells or not.

My interpretation is that you should appraise every domain to the best of your ability assuming that it will sell. Only appraisals for domains that actually sell will be tabulated in the scores. Whatever domains do not meet reserve will be excluded from the scores.

Originally posted by InfoGuy
My interpretation is that you should appraise every domain to the best of your ability assuming that it will sell. Only appraisals for domains that actually sell will be tabulated in the scores. Whatever domains do not meet reserve will be excluded from the scores.

Yes, that is right.

Understood, thanks.

What about prizes? What about prizes?

In "Alice In Wonderland" she didnt have any prizes, so she gave a thimble. How about a domain?

What about prizes?

the winner will receive $100 and be named “Domainstate Appraiser of the Year”

Love the idea, snoopy!
Sending my appraisal soon

~MG