Top Adding - Real Estate

When it comes to preparing your property for sale, many property owners are thinking about what it would take to put their property on the market and get the price they want. If

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

you are thinking about selling your property in the near future there are a number of things to consider if you want to maximize your profits and minimize the headaches.

With sup

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

Examples of combination products may in

ply and demand being the critical factors, one of the first things to examine when pricing your property is the number of places that are similar to yours. If your home or condo

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

has some unique attributes and there are few others that would compete with it, you may be able to get a premium price. Depending on the inventory on the market when you list you

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

r property, there may or may not be competition in any condo complex or neighborhood from a price perspective.

Generally speaking, late Spring is the best time to put your proper

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

Combination pro

y on the market if you want to sell it before the majority of summer listings hit the MLS and create new competition for your property. But every market is different and if you l

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

ive in a resort area you will want to time your sale to coincide with the start of the peak season. At Lake Tahoe our peak season for sales is June to September, while in Vero Be

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

ach, FL the peak is from November to March.

Whatever you do, don't get carried away with setting an asking price that is out of line with the most recent sales. Some of the new

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

listings that we have seen on the Incline Village real estate market have been priced far higher than the most recent sales would indicate, and they are sitting without getting mu

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

ch interest from buyers. If you really want to sell your property and not just show it endlessly, then price it at fair market value, and give yourself a little wiggle room. Make

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

sure you can justify the asking price based on recent sales. No one cares what the asking prices are of homes in your neighborhood when it comes to writing an offer, they only ca

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

Following aspects would a

re about closed sales. Do not fall into the trap of pricing your house based on what your neighbor is asking. Price your property based on what it's really worth to an impartial

dd to the challenges in developing combination products:

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

buyer.

Preparing your property for sale can be time consuming and at times seem overwhelming. You want it to look just right for prospective buyers, but you don't want to spend

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

a fortune redecorating. Maybe you need to take out some furniture to make the place more spacious. Or the interior paint is looking faded. The best thing to do is make a list

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

of everything that even remotely concerns you and discuss it with your agent. By addressing the issues that will add value and give the property the best appeal you will stay foc

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

sed on what potential buyers are looking for. No place is perfect, but repairing those things that are obvious flaws and would need immediate attention anyway can help to turn lo

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

Professional from academic institutions, pharmaceutical industries, health care indust

okers into buyers. Staging of your property can be minimal or extensive, but every property for sale needs some attention to detail to make it appeal to potential buyers.

Fortun

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

ately, most locales have a variety of professionals who can assist you with just about every chore. So, don’t let the details put you into a tizzy. Whether you need a handyman t

.

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

o do some repairs, a mover to haul away some old things in the garage, or even someone who can do a complete staging of your property, take the time to find just the right people

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

Companies that provide selfless information through particip

to assist you with preparing your property for sale and you will likely sell your property quicker and for the best possible price.

Copyright 2006 Don Kanare - All rights reserve

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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