Top Adding - Real Estate

Did you know that when you buy a home, you could have the opportunity to receive cash back worth thousands of dollars?

Some real estate

According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product

agents are now operating on the basis that buying a home will be more interactive, with buyers researching and viewing homes for sale w

; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

Examples of combination products may in

ithout the real estate agent being present. In return, the areal estate gent can rebate a substantial portion of their sales commission,

lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

which is paid by the seller, back to the buyer at the time of closing.

Buying a home has traditionally involved having a real estate a

here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe

gent show you home listings for sale based on the criteria that you are looking for, and when you find the right home, your purchase off

d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

Combination pro

er is presented to the listing agent.

In order to get a cash rebate, the process is basically the same, except the real estate agent re

ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc

presenting you as the buyer, typically does not go with you to view the home listings. Instead, your agent can provide you with the home

easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi

listing information, or you can research homes for sale from websites like Realtor.com.

To view a home, you could call the listing age

nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically

nt to make an appointment to see the property, and tell them you have an agent that you are working with, but they are not available to

and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ

show the property. Listing agents are required to show their clients property to potential buyers, which is what they are getting paid t

ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi

o do.

Other than that, the rest of the process of buying a home is mostly standard procedure, such as, having your agent submit your of

ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

Following aspects would a

fer, negotiate terms, handle the required disclosures, provide you with guidance and support.

If you don't have a real estate agent to

dd to the challenges in developing combination products:

Which markets to tap where the combination products can do fairly well?
Which combination prod

work with, another option is to ask the listing agent if they will rebate a percentage of their selling commission if they were to also

cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin

represent you as the buyer’s agent. Most listing agents should be willing to work with you, since they would be earning a sales commissi

tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen

on, in addition to the listing commission that the home seller pays them.

How much of a rebate can you get? In a typical real estate tr

t?

As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel

ansaction, the agent who represents the buyer receives a sales commission from the seller's proceeds at the close of escrow. The amount

ping new procedures for reviewing their safety, efficacy and quality.

Professional from academic institutions, pharmaceutical industries, health care indust

of the commission has traditionally been 3% of the sales price as the industry standard. Some real estate agents are offering to give th

y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products

eir clients up to half, or even more, of their commission. For example, if you were to buy a $400,000 home, a 1.5% cash rebate would be

.

As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de

$6,000, which could be applied to your closing costs, or deducted from the price of the home.

That’s like getting paid several hundred

elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

Companies that provide selfless information through particip

dollars an hour, just for driving yourself around to look at homes for sale, and a little less hand holding from your real estate agent.

tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products

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Did you know that many states offer assistance to first time home buyers? The assistance can include grant money to be used for a down payment or even a reduced interest rate home loan or mortgage. Find out what you need to qualify these grant programs.

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