There are two ways you can transfer your domain name. The first is transferring it to a new holder the second moving it to another registrars.

Transferring to a new holder: When using a domain broker to sell your domain name, the escrow process may include helping you with the technical transfer as well as the monetary transfer. If you are not using a domain transfer system you may still be able to acquire escrow services.

Transferring a domain name to a new registrar: Whatever led you to set up shop with a particular registrar may not end up being what you need or maybe you’re holdings are spread far and wide and you wish to bring them to a single location to make your life easier. By consolidating to a single registrar you can often save money because you can do multiple things within the same account.

One thing you must be aware of though is the wait time in transfers. Within 60 days of transferring your domain you cannot transfer it again to an additional new registrar. You can however transfer it back to the original. You need to ensure that you plan your transfers around any dealings that will impact that domain name.

Many people create domain names. It is an excepted business practice, but the creation of domain name with the intent of making a profit from a registered trademark is against Federal law. The (Anti Cyber Squatting Consumer Protection Act) prohibits buying, selling, using, or registering domain names in bad faith with the intent to profit from someone else’s trademark. If the trademark is well known the people trying to make a profit from it may end up being prosecuted instead of making a profit.