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A little learning or knowledge is a dangerous thing
A tiny amount of knowledge causes appraisers and companies issuing these worthless appraisals to think they are more expert than they really are. The most deeply ignorant are dangerous, because they either don't know that they are ignorant and incompetent, or they know it, and don't want to admit it. It's often both.
Appraisals for domain names are used as financial advice to take financial decisions, and they should be regulated and properly authorized, but they are not. Any incompetent and unqualified person or company can issue a worthless appraisal.
The key to an intelligent and realistic appraisal is the capacity to weigh the variables that come into question when assessing the individual quality domain name, and the industry where the domain name will be used. This capacity is missing because the wrong persons and wrong companies are issuing worthless appraisals just to make money.
You shouldn't trust an appraisal that only shows you what the appraiser wants to show you, because he doesn't know the other factors, and misses the most important issues that count.
The appraiser's assessment of his own abilities have very little, or nothing to do with the reality. In fact, the ones that are the most inept and incompetent are also the most likely to overestimate their abilities. This unjustified self-esteem is very dangerous for buyers and sellers who expect to see a proper appraisal they can rely on to take a decision. It's like asking your gardener who knows your house to issue an appraisal for your bank. He may be the nicest person you know, and he may know your house, but he is just not the right person to issue an appraisal for the bank.
You will also find that in the vast majority of cases, these appraisals are issued by persons and companies dealing with worthless and useless domain names. We found that on an average, well over 99% of the domain names they handle are very low quality, and in the category or worthless and useless. This means not worth the price of the renewal or registration fee. The same people dealing in these worthless domain names are trying to use their extremely limited experience with quality domain names to issue worthless appraisals.
These worthless appraisals should clearly warn buyers and sellers that their only value is for entertainment purpose, as a joke or a gimmick , and that you should not rely on them as a real appraisal, or financial advice to take a financial decision, because they are not.
If you want to laugh, go ahead and order one of these worthless appraisals, but why pay for it, because there are so many better jokes available for free?
This warning should be clearly displayed before you pay, and on all these worthless appraisals:
"This appraisal is for entertainment purposes only. We are not a financial advisor and no information found on this appraisal should be construed as financial advice"
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