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Many of us are addicted to buying domain names. Often times we hold onto them with no likelihood of development, no plans to actively market, and only a slight chance of receiving an unsolicited offer. The problem then is that our domain name portfolios (with their associated renewal fees) become too large for our budget to allow. So we turned to the experts (the folks who have wrestled with this situation multiple times) to ask what they would do.
Michael Cyger March 7, 2011
ICANN (Internet Corporation on Assigned Names and Numbers) is the not-for-profit organization in charge of setting policies that govern domain name sales, distribution, management, protection and dispute. Domain name transfer policies — from one person, company or organization to another — also fall under the authority of ICANN. It’s this last area of ICANN authority that should concern you the most, because if you don’t follow the rules you may lose your domain names.
Aishwar Sharma March 2, 2011