So, if such happens it might have to pay a huge sum to the new owner to get it back. For particular mention, one of the reports has shown an example that the Business.com domain name was sold for $7.5 million. Today, there are so many companies on the web that offer domain name auctions to those who wish to own a domain name. Moreover, when you go for a domain name registration, you should know that the domain name that is entered into the domain name registration contact information is added to a database of all the available domain names. As such, your contact, billing, administrative contact, and also your domain name server or DNS is added to this database. Given such fact, it is then a nice move if you have certain desire to sell a domain name that prior to getting down to the hard work that is necessary to sell a domain name, you know how to place some sorts of value on your domain name. In fact, even if you are not going to post or publicize the set value of the domain name, it is still significant that you are aware of the minimum amount that you would accept for it when you sell a domain name. Speaking of these user-friendly addresses for web sites, these help connect both computers and people on the internet. Given such fact, it is interesting to know that the domain name is understood as string of letters or numbers that is used to describe an IP address. This is the primary function of the domain name in the field of the internet. Therefore in changing registered Domain Name Server information, the domain name will resolve with the average of 50 percent of the period to the primary name server and also 50 percent of the period to the secondary name server. There are further resources which state that if ever that you have an Internet Protocol address of your hosting server, it is better that in changing your registered domain name, you use the URL-forwarding service which is now offered by most domain name companies. In terms of a country by country basis, the common domain name extensions are based on the two-character ISO country codes and this is for the main reason that many countries offered these kinds of domain name extensions. Among such kind of domain name extensions is the .fr for France, .jp for Japan, and so on and so forth.