Top Adding - Real Estate

A conniving pro?

In a real estate agents' newsletter, an agent shared her secret for getting more listings. S

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

he said that when she sees a For Sale By Owner (FSBO) sign go up in a neighborhood, she immediately calls the number on the sign and tel

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

Examples of combination products may in

ls the seller she has a client who isn't comfortable seeing the home without an agent.

In reality, the agent's "client" is actually her

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

mother or a friend, posing as a buyer. The agent goes along and says very little, at least in the beginning. All she does is give the h

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

meowner a business card upon arrival, and then she stays in the background, listening and observing. The bogus buyer asks all kinds of q

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

Combination pro

uestions, and eventually the homeowner begins to feel comfortable with having the agent there.

After awhile, the owner begins asking th

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 agent questions about the market, financing, or the many other things involved in selling a home. According to the agent, she converts

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

a fairly large percentage of such appointments into listings, and apparently has no compunction about the deception involved in getting

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

them.

This is an example of the biggest reason why real estate agents have traditionally gotten a bad rap. Some of them are downright d

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

ishonest. That's why some investors seem to think they should avoid using real estate agents to buy or sell properties. However, I disag

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

ee, and I'm not alone. In fact, contrary to popular belief, many of the most successful real estate investors buy and sell properties us

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

Following aspects would a

ing agents. My husband and I often use agents to sell our properties. We've sold some houses ourselves, but we generally appreciate prof

dd to the challenges in developing combination products:

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

essional help, for a number of reasons, all related directly to our bottom line.

Why Professional Agents Ea

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

rn their Commissions

We have several agents who call us when they find bargain properties because they know we'll call them b

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

ck when that house has been fixed up and is ready to sell. Those agents can count on receiving commissions on both ends of the transacti

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

on, which gives them incentive to keep finding us properties to flip. The more they find, the more they make, and the more WE make in th

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

Professional from academic institutions, pharmaceutical industries, health care indust

e end. As far as we're concerned, having reliable, honest agents help us buy and sell properties is simply sound business practice.

Ano

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

her reason we like agents is because they schedule appointments, show us properties, do the negotiating, and take care of all the paperw

.

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

ork. Not having to deal with all those details frees us up to spend more time on the houses themselves, which is our main concern. For u

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

Companies that provide selfless information through particip

s, the real estate agents we work with on a regular basis are invaluable and make us far more than their commission on every transaction

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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