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Top Adding - Will An Open House Sell Your Home
I remember the first open house I hosted as a real estate agent. I knew nothing about the home - it was listed by another agent in the o
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
ffice. It was a lakefront home that was too expensive for most of the visitors that came that day. They came to dream, while their kids
; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.
Examples of combination products may in
Examples of combination products may in
ran around the yard, getting in the seller's things and I ran around trying to keep track of where everyone was. Of course I didn't sell
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
the house.
That was okay, my office manager explained. I did what I needed to do. I had a list of several prospective buyers who had si
That was okay, my office manager explained. I did what I needed to do. I had a list of several prospective buyers who had si
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
gned in at the open house - and included their phone numbers. I even knew what some of them were looking for, so I could possibly sell t
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
em something.
You see, an open house is a prospecting tool for the agent, not a way to sell your home. In fact, many experienced agents
You see, an open house is a prospecting tool for the agent, not a way to sell your home. In fact, many experienced agents
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
won't even host their own open houses. They get a newer agent to host it. I did this many times as a new agent.
Consider this for a mo
Consider this for a mo
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
ent. The listing agent could be there if he wanted to be, and keep more of the commission if the home sold. He gives up half of his comm
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
ission if the hosting agent sells the home. Would he risk that if homes were commonly sold from open houses?
Why let dozens of people w
Why let dozens of people w
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
o aren't qualified to buy your home track their muddy feet through it then? Whatever the agent tells you (and yes, you might sell the ho
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
me from an open house), he suggests it for two primary reasons:
1. To prove he is doing everything he can to sell your home - whether o
1. To prove he is doing everything he can to sell your home - whether o
ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.
Following aspects would a
Following aspects would a
r not it is effective.
2. It is a prospecting tool for himself, or for the hosting agent and the broker.
Two dozen couples that want
Two dozen couples that want
dd to the challenges in developing combination products:
Which markets to tap where the combination products can do fairly well?
Which combination prod
Which markets to tap where the combination products can do fairly well?
Which combination prod
new home coming and signing in with their phone numbers - now that's an opportunity (just not for you). The whole point is to collect a
cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
list of buyers to work with. Most of these buyers are looking for homes that are nothing like yours. It isn't really expected that the
tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
gent will sell your house in the process. Of the many open houses I hosted when I started selling real estate, I didn't sell one of them
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
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
that way.
Not that it can't happen. Any additional exposure of your home can increase the odds of it selling. Just consider that this
Not that it can't happen. Any additional exposure of your home can increase the odds of it selling. Just consider that this
ping new procedures for reviewing their safety, efficacy and quality.
Professional from academic institutions, pharmaceutical industries, health care indust
Professional from academic institutions, pharmaceutical industries, health care indust
s a more effective prospecting tool for the agent than it is a tool for selling your home. It may or may not be worth the trouble for yo
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
u.
If you do have a open house, hide the valuables - no matter what they say, an agent can't watch the visitors all the time. Put easil
If you do have a open house, hide the valuables - no matter what they say, an agent can't watch the visitors all the time. Put easil
.
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
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
-broken things somewhere safe - parents may bring kids. Make a list of answers to the most likely questions about the house - and give i
elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.
Companies that provide selfless information through particip
Companies that provide selfless information through particip
t to the hosting agent. Personally, I think it is also fair to leave a hidden camera running to see what really happens at an open house
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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