Answers - Real Estate

What Your Real Estate Agent Never Tells You

As a buyer or seller of real estate, you probably think that all real estate agents get six (or more) per cent commission, just for showing

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 a property.? As a seller, you may see the agent place your home on the market, hold an open house, then sit back and wait.? Buyers have agents drive them around different neigh

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

Examples of combination products may in

borhoods, they fall in love with a house, the agent writes it up and the work is done.?

Wrong. On so many counts.?

What your full service real estate agent doesn't tell you is that b

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

ying or selling a home is not like buying a car. A car salesperson does just that, sell you a car. The right real estate agent offers you a lifestyle.? Your home, whether you buy it t

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

o live in or for investment, is probably the single largest investment you will have.

With that in mind, it is vital that buyers and sellers find the right real estate agent to work

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

Combination pro

ith.? How do you do that?

Real estate agents come in all shapes and sizes, personality wise. Agents can be a concierge, interior decorator, mediator, counselor, negotiator, personal

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

assistant, financial advisor, analyst, friend or all of the above.

JB Bartel of John L. Scott Real Estate, Port Orchard, WA, considers herself part of a family support team. JB has a

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

raduate degree from University of Oregon, is a Certified Residential Specialist (only five percent of realtors nationwide have this) and is a Graduate of the Real Estate Institute. Al

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

l this, along with her outgoing personality, make for the perfect agent for first time buyers, out of town buyers and the 'family tree' of buyers. JB says, "I take personal responsibi

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

ity for out of town buyers. I check the home, if empty, to see that lights, heat and landscaping are taken care of."

And you thought all they want is money.

Remember, agents do not g

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

et paid until the deal is closed, so many agents provide concierge service as part of their personal marketing.

Michael Ley of Parkshore/Coldwell Banker Real Estate, Port Orchard, WA

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

Following aspects would a

, uses his analytical skills to "research, collect, interpret, and disseminate data regarding local real estate markets". Michael, who has additional education in Real Estate Law, say

dd to the challenges in developing combination products:

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

this skill helps prospects make informed decisions. You cannot get this type of service online! However, you can get great attention, and more, from a full service real estate agent.

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

Bea Newhall of Frank Howard Allen, Greenbrae, CA, helps people become part of the community by helping them have their share of the American Dream. Because real estate is not an exac

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

science, each transaction being different, the business is challenging. The ability to integrate the issues presented to buyers and sellers requires the real estate agent to be flex

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

ible, well versed about their area and intelligent enough to meld these skills to complete satisfaction for buyers and sellers.

Bea says, “Client satisfaction is the best thing about

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

Professional from academic institutions, pharmaceutical industries, health care indust

eing a realtor".

You now know that your real estate agent comes in many shapes and sizes.

In order to find the right fit for yourself, use this check list:?

1. Call friends and fam

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

ily and ask for real estate agent referrals. 2. Check "For Sale" signs in your neighborhood and jot down the names. 3. Make appointments with these agents and discuss how they run 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

eir business. 4. Make an informed decision on who to work with based on who makes you feel the most comfortable and safe.

You never know until you ask and you want the most important

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

Companies that provide selfless information through particip

decision in your life to be as stress free as possible. Ask your prospective real agent the questions that will satisfy you, the questions that your real estate agents never get asked

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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It is a known fact that people need money, at least in the present times, and the need for money increases as the years go by. Most people try to increase their income by looking for more ventures for business but in order to really get more money, you would have to also lower your costs. If you are still starting up an office, or trying to expand an existing one, a good way to cut costs is by constructing a modular office.

Customer loyalty is a rather ephemeral term as are online customers. We will explore loyalty with a view to learning from our own experiences. This article will be followed up by several as we examine how we can keep people we never meet face-to-face.

With the correct strategy Ebay can become the dream of every seller and internet marketer.

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Answers - What Your Real Estate Agent Never Tells You

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