Top Adding - Real Estate

Many people want to save on agent’s commission by selling the home themselves, which is called FSBO (for sale by owner). Befor

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

e you flirt with this idea you need to consider what risks it involves, and then carefully evaluate whether you are ready to t

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

Examples of combination products may in

ake them.

Marketing
The main problem of anybody who is doing FSBO is the marketing problem. Realtors have access

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

o Multiply Listing Service database and their listings are exposed to all other agents. You could list your home through some

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

brokerage that offers low flat fee listing in MLS. However, it doesn’t make too much sense, because buyer’s agent receives hal

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

Combination pro

from the listing commission. Therefore, if your listing commission is $500 do you think a lot of agents will bring their clie

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

nts to receive $250 commission? There are many websites that are targeted specifically for FSBO buyers and sellers – so you

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

do have options, but they will cost you. To this cost you should add lawn signs, newspaper advertisements and others. The reas

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

n I think you will have to heavily advertise is because the group of buyers who don’t work with Realtor is way smaller than th

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

ose working with one. Therefore, in order to reach that group you will have to spend a couple of nickels on marketing.

Pri

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

ing the home
Appraising your house can be single most important activity in the whole process of the sale. Under pric

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

Following aspects would a

ing will caution buyers that there is something wrong with the home and the sale will take a long time. Overpricing will resul

dd to the challenges in developing combination products:

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

t in a longer sale price. Furthermore, if the house is overpriced most likely it would not be sold and you will have to lower

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

he price. Again lowering the price and the length of the property on the market will caution you buyers, which can cause you t

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

o lower prices again. That’s why it is crucial to price home at a correct market value. Being a FSBO it might be hard and time

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

consuming to do it yourself. You will have to be ready to spend some time on these.

Negotiations

You have to be r

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

Professional from academic institutions, pharmaceutical industries, health care indust

eady to negotiate for your home. You need to know that buyers FSBO assume that your house will cost lower, because you don’t p

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

ay a commission to a Realtor. Some buyers will even come with an agent who will have a research on their hands to prove you wh

.

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

your house should sell for less. You have to be ready to deal those issues.

The bottom line is you have to take into account

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

Companies that provide selfless information through particip

your time, marketing costs, potentially lower price of your home and calculate how many do you really save on that commission

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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To the vast majority of us, the ability to create lenses (Squidoo's name for webpages created on its site) easily and for FREE that have the certainty of bringing in a profit every month, however small, and the potential to bring in a few dollars per lens per month (and don’t forget you can build hundreds if you so desire) is HUGE!

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