First things first, if you are serious for identifying your domain name value, you should be aware if whether you receive unsolicited offers to buy the domain name or not. According to some experts for determining a domain name value, if an instance happened that you get emailed offers to purchase the domain name without it being registered for sale anywhere in the world, that certainly shows that your domain name value is high or it has a certain value to somebody. For such matter, it is indeed a nice idea to present some of the facts about the domain name extension and its types for the people to know what a domain name extension is and how it functions in the world of the internet. So here it is. Essentially, a domain name extension is also called a top level domain name such as . Domain Name Extensions In the early days of the domain names, there were just a handful of dissimilar domain name extensions to select from. But due to the rapid functioning and impact of the domain name, several types of domain name extensions are now used and applied, thus the once handful selection of the domain name extensions are now a handful of handfuls domain name extensions. In relation to the existing companies on the web today that offer services for auctions of those soon-to-expire domain names specifically create some divisions or classifications on their services. In fact, there are companies that provide a said "private" and "public" auction. The private auction is considered as a category if two or more members bid on the same domain name. In particular, the domain name IP address looks like 203.23.56.166, and each one of these numbers can be between 1 and 255. Just like the mentioned function of the telephone numbers and the reference numbers in the library, the domain name IP address is said to be that important in the internet. For a computer machine to be able to be located by the other computers on the internet, it is important that it must have its own domain name IP address that is distinct than the others. In simple terms, the domain name renewal takes place when the current domain name registrant wishes to extend the term of time for a registered domain name. Accordingly, the domain name renewal can be done any time, however, it is often made within a few months of when a domain name's term of time is about to reach its due time.