Advice Pool - Real Estate

The real estate agent is a valuable source of potential deals for you as an investor. They have access to the multiple listing resources and of course, have a monopoly on this information so they have to be part of your game p

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

lan as an investor. Working with real estate agents can be difficult depending on the agent.

Some of the factors that you should take note of include the following:

When you want to purchase a property, offer th

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

Examples of combination products may in

em a short closing date.
One way of getting an agent to take you seriously is to offer a fast closing date. There are a few things that make an agent more excited than the thought of getting their commission within th

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 next 14 days. If the agent has another offer presented to him/her they will usually advise the client to take the offer and close than accept an offer that is higher in price. One of the reasons is because it is better to ha

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

e “a bird in the hand, rather than two in the bush”.

See if you can present a creative offer to the owner in person, rather than through the agent.
If you have an offer that needs to be explained in a fas

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

Combination pro

hion to the owner which brings out all its great benefits, then you may have to assist on presenting the offer in person or with the agent. If you present that type of offer to an agent, it may not even reach the owner and cer

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

tainly will be given less priority than other offers. Agents in general do not like creative offers because they are more interested in conventional offers from solid buyers.

Be suspicious of agents.
Be s

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

uspicious of any agent who tells you what a great deal you are getting on a property. The fact is, if it is such a good deal, why he/she didn’t buy it. Don’t take their word as to value. Ask for a comparable sales printout to

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

how what other properties in the area are selling for. If comparable sales information shows the same square meters as the house you are looking at, then take a drive by and see if it is correct. Don’t leave the homework to yo

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

ur agent; make sure you do a little bit of your own assessment.

Don’t be bullied by agents.
Don’t be afraid to speak openly with your agent if something is being done that is not to your advantage. Unfort

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

unately there are some agents who are unethical, and work only to ensure that they get their commission. Sometimes they will refuse to present your offer to the owner when it is their obligation and duty to do so.

Many times

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

Following aspects would a

an agent will lie and tell you to your face that your offer has been rejected, when in fact, it was never presented. If you feel that this may be the case, don’t be afraid to go over the agents head and see the owner of the ag

dd to the challenges in developing combination products:

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

ncy. If you find a broker is uncooperative or not acting in your interests, then the best thing is to go to another agent. The new agent will approach the same owner on your behalf.

See some properties with the ag

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

ent.
Arrange to meet the agent and discuss fully what you are looking for. Do this before he/she takes you around to see some properties. Ask them to find a number of properties that will suit your requirements and ma

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

ke sure you are clear on exactly what you want so no time is wasted. The good agent will make an appointment for you to inspect properties very quickly so they can get a feel for what you are looking for.

They will take you t

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

o all the properties and they will rearrange their times to suit your timetable. It is a good idea to take someone that you trust with you when you are looking at properties so you can get another opinion. Indicate to the agen

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

Professional from academic institutions, pharmaceutical industries, health care indust

that you are serious about your search and that if the right property is found, you would definitely be interested in proceeding. It is a good idea to take your check book with you so that the agent can see that you are serio

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

us about finding the right property.

Sometimes buying a property from a typical agent can be difficult. Many of them will tell you not to call them by to check the properties from the advertisements that they place. These are

.

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

the agents that would rather place an advertisement than call the right buyer so it might be wise to use other agents.

Note: The above points do not apply to all agents. We are talking about the disreputab

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

Companies that provide selfless information through particip

le minority out there. Most agents care about their work and they labor to represent their client efficiently and professionally. Those are the ones to look for.

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http://www.startrungrow.co

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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There are many questions that often come up for new small business owners around offering guarantees - what kind, how long, am I risking too much by doing so, and even if they should offer them at all. This article tells you want you need to know about offering guarantees for your own offerings.

Are you using the best colors for your web site? Many web designers often overlook the issues of color in web design. When choosing colors for your web site there are three main areas that should be addressed.

A payday loan refers to a small, short term cash loan which is given to customers between paydays to help them overcome financial difficulties during that period. Payday loans are also known as paycheck advances or cash advances and normally limited to an amount of $1,500.

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