Top Adding - Real Estate

For Sale By Owner is just as it sounds, a homeowner trying to sell their home without the assistance of a REALTOR. Can you do this, sure! Do they act

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

ually get their house sold, sure! Is it typical? No. About 80% of FSBO’s end up listing their homes with a Professional REALTOR anyway. Here’s why:

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

Examples of combination products may in

1. I do not have the time to make appointments during the day or during normal business hours.

2. How do I know if these potential buyers can qualify

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

for my home?

3. I am not aware of the legal documentation that should accompany a contract.

4. How do you pick a Title Company, and who is suppose t

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

pay their fees?

5. What if the Buyer backs out of the contract?

6. Can I sell my home for market price without using a REALTOR?

7. What coverage do

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

Combination pro

I have if the Buyer sues me a year after closing?

8. Is it worth having a home inspection before putting the house on the market?

9. Who does the ho

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

e warranty really protect?

10. Will I really be saving the real estate commission if I try to sell myself?

These are some of the many questions that

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

homeowners have to ask themselves before embarking on this endeavor without a professional. What some homeowners don’t realize is that most REALTORS d

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

care. This is our livelihood. We want to sell your home for the highest possible price; our commission is based on sales price. So when we say the

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

house is overpriced, it is! Our goal is to have a smooth transaction, and you be happy with the outcome so the next time to have to buy or sell, you t

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

ink of us.

Still, anyone can put a sign in the yard and try to sell their home, and some may actually get it sold in a reasonable amount of time. But

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

Following aspects would a

as with any profession, if you decide to take on the role yourself, you are opening yourself up to potential risks. Licensed REALTORS are just as suc

dd to the challenges in developing combination products:

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

, a licensed professional who is capable of guiding you thru the process and assessing the transaction with the least amount of risk possible. We help

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

get your home sold in the least amount of time, for the highest possible price. We ensure that the buyers are qualified to purchase the home and walk

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

you thru the closing process step by step.

Some FSBO’s think that since they have sold houses before in other states, that it will be a walk in the pa

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

rk anywhere. Not so. For example, Texas is one of the most demanding states when it comes to selling real estate. We as agents are required by law t

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

Professional from academic institutions, pharmaceutical industries, health care indust

have all of our ducks in a row before even placing the house on the market. Here’s a few things we’re required to do:

1. Checking the mortgage balan

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

ce to see if it the seller is even in a position to sell at the current market

2. Verifying ownership

3. Does the property have clear Title

4. It th

.

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

s a saleable property, what work needs to be completed prior to listing

5. What is the current market price to allow a quick sale

In closing, just kn

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

Companies that provide selfless information through particip

ow that there is a REALTOR out there for each situation. From leases to commercial property, we are licensed to assist with all your real estate needs

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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