Tags |
|
|
Links |
|
|
Top Adding - The Absolute Importance Of Properly Obtaining Buyer Qualification Information For A Successful Sale!
Imagine your home is on the market for sale. You have worked extremely hard at making sure your home is the perfect property. Your family has staged the home with just the right decorations, the carpet have been professi
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
onally cleaned, the front and backyard landscaping has been manicured, and you even washed all of the windows of your home YOURSELF :)
Long car rides on the weekend to step out of your home temporarily as buyers go throug
Long car rides on the weekend to step out of your home temporarily as buyers go throug
; 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
h your home, you leave the home so that they can be undisturbed while viewing the property. Then the big day comes and the full price offer with no closing costs requested is received on your real estate agents fax machin
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
e. You gladly accept the offer and start packing all of your worldly belongings and start preparing and getting ready for your cross country relocation move to a better life and a new career, and a larger home!!
Everythi
Everythi
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
g seems to be going smoothly one week into the process and the lender and the buyer's agent have been conducting the usual inspections (home inspection, termite inspection etc.) and everything seems to be on track, nothing
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
out of the ordinary.
Your realtor has been assured with a generic realtor association form from the buyer's agent that was incorporated with the contract that the buyers will qualify.
On moving day, the trucks arrive, t
Your realtor has been assured with a generic realtor association form from the buyer's agent that was incorporated with the contract that the buyers will qualify.
On moving day, the trucks arrive, t
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
he moving crew is there, however loan documents have still not been delivered to the title/escrow company.
What's wrong with this picture and what could have prevented this all to common scenario from occurring?
1. The
What's wrong with this picture and what could have prevented this all to common scenario from occurring?
1. The
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
eneric form that was submitted by the buyer's agent was probably created and submitted by the mortgage company doing the loan, not the underwriter. That is simply like the fox guarding the hen house. Most mortgage office
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
rs can not approve a loan, only a banker's underwriter can!
2. Many buyers agents simply don't know how to properly qualify their clients since there are so many new agents in the business struggling to get into and stay
2. Many buyers agents simply don't know how to properly qualify their clients since there are so many new agents in the business struggling to get into and stay
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
in the business.
3. Even if a buyers agent does a good job at the preliminary qualifying, they are not in the loop to all of the actual qualifying information. Since credit score, debt to income ratio, and other inform
3. Even if a buyers agent does a good job at the preliminary qualifying, they are not in the loop to all of the actual qualifying information. Since credit score, debt to income ratio, and other inform
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
tion is usually asked for by a lender many real estate agents allow the mortgage professional to do this and unfortunately many agents are willing to go for a "hail mary" to see if the loan will close (%50 - %50 is good en
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
ough for some).
In such a fast moving world where does a seller have a chance to over come these all too common situations?
1. Insist that the buyer sit for a formal loan application and submit proof of that application
In such a fast moving world where does a seller have a chance to over come these all too common situations?
1. Insist that the buyer sit for a formal loan application and submit proof of that application
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
going through the process of approval with a reputable lending institution (if they haven't already done it). Request that this loan application or Good Faith Estimate is submitted as a minimum for Seller approval as a b
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
are minimum. "Why fly blind", either the buyer or the seller?
Q: What if the buyer is afraid of revealing confidential information such as social security #, birth date, or even address?
A: The buyer's agent can at a m
Q: What if the buyer is afraid of revealing confidential information such as social security #, birth date, or even address?
A: The buyer's agent can at a m
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
nimum obscure this confidential information on a copied version of this document with white out or correction tape and then fax it or other wise deliver it to the listing agent with the buyers signed permission to disclose
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
this information. What more is there to hide, why hide anything?
Protect your families interests and consider consulting with your professional representation on how you can prevent this most common problem in the real
Protect your families interests and consider consulting with your professional representation on how you can prevent this most common problem in the real
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
estate industry. Of course consult with your own legal counsel, real estate agent, accountant, and other professionals and advisors relating to this articles content. The author of the content of this article accepts no
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
esponsibility for the implementation of this articles content and it is purely for informational purposes and for informing the public about potential issues relating to consumers and the real estate negotiation process.
.
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
Please consult your professional counsel about implementing any of this information for your individual situation first. All situations are unique and very different consult your attorney or real estate professional repre
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
sentation before considering to use any of the above information.
Visit www.personalizedhomesearch.com for more great articles relating to the real estate industry and relocating to sunny Arizona! -Rick & Jennifer LeForc
Visit www.personalizedhomesearch.com for more great articles relating to the real estate industry and relocating to sunny Arizona! -Rick & Jennifer LeForc
tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products
HTTP = HTML link (for blogs, profiles,phorums):
<a href="http://www.topadding.org.ua/article/148671/topadding-The-Absolute-Importance-Of-Properly-Obtaining-Buyer-Qualification-Information-For-A-Successful-Sale.html">The Absolute Importance Of Properly Obtaining Buyer Qualification Information For A Successful Sale!</a>
BB link (for phorums):
[url=http://www.topadding.org.ua/article/148671/topadding-The-Absolute-Importance-Of-Properly-Obtaining-Buyer-Qualification-Information-For-A-Successful-Sale.html]The Absolute Importance Of Properly Obtaining Buyer Qualification Information For A Successful Sale![/url]
Related Articles:
Organizing Your Home-Based Business for Success
The Truth about Driving Qualifed Traffic to Your Website
Bookmark it:
|