Answers - Real Estate

FALSE: Some are. And they earned it by being the best of the best in an occupation where

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

more than 95% drop out within 5 years (most in the first year). As for the vast majority

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

Examples of combination products may in

, they are at best making a living, or are just flat out struggling.

Most people don't re

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

lize what comes out of the commission at the end of a transaction. Many people have their

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

hands in the pie of the total real estate commission. For example, a $200,000 house at 6

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

Combination pro

commission results in a $12,000 commission. At first, this seems extraordinary to pay 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 listing agent. But typically, the first thing the listing agent does is give 1/2 to 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

buyer's agent. Then each agent shares a large percent (could be up to 50%) with their co

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

pany. Now they are down to $3000 and they still have to pay taxes on that money and pay f

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

or marketing. At a tax rate of 35%, they are down to $1950 then they have to market your

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

ouse. Furthermore, most agents are independent contractors so they don't have the benefit

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

Following aspects would a

of corporate paid health insurance. They have to get it on their own. Still think they

dd to the challenges in developing combination products:

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

are all rich?

Buyer agents burn hundreds of dollars in gas driving people around so they

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

ave expenses too. Most people forget that being a real estate agent is a sales position,

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

so it's a numbers game. Quite often, buyer's agents drive people around that do not end u

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

buying anything. They don't get paid for their efforts until the deal closes.

So, the r

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

Professional from academic institutions, pharmaceutical industries, health care indust

eward is big if you're good enough at it and you have the staying power. Many sources say

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

that it takes 5 years to establish a successful real estate career. Most people are not

.

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

illing to commit that kind of time, effort, and cash outlay to an occupation that most fai

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

Companies that provide selfless information through particip

l in. So, should the best of the best make good money? I think most people would say yes

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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Business cards are some of the more powerful tools out there. Spending that extra dollar to reflect a professional piece of paper is worth it. Different business cards may be as creative as you’d like, with printing on glossy or colored paper to excite your client or cards printed on laminated stock for extra weight and durability.

Salespeople often feel squeezed between two masters, the company they work for and the customer they need to get them paid and refer new business to them. Master salespeople recognize that they are in the customer service business before they are in the selling business. They also realize that ongoing rapport with their customers is critical. The squeeze comes when a customer satisfaction problem arises. Here is the best way to protect your relationship when you have a customer satisfaction issue.

Just 30 years ago the stock market was a shadow of what it is today. There were many fewer shareholders and the daily volume was a fraction of what it is at present. No one thought you would every be able to trade a billion or more shares in one day. Of course that was in the old days when they had tickers and the word digital was something you did with your fingers.

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Answers - Real Estate Myth: Real Estate Agents Are All Filthy Wealthy

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