Answers - Real Estate

Real estate is not something that can be done on a part-time basis. Here are seven reasons not to use a part-time real estate agent.

A real estate agents main foc

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

us is to sell. Therefore it is important to find a real estate agent that will focus full time on your real estate needs. There is a fiduciary responsibility to 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

sellers in the instance of an agent for the seller, and a buyer’s agent for the buyer to get the best deal possible for them.

You have every right to ask the rea

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

l estate agent if they are part-time or full time. If an agent says they can work part time and fulfill your needs for your real estate transactions, it is likely

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

hat they are working to make them money; they would not have the time to be fully loyal to you, when they are working at another job.

• If a real estate agent is

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

Combination pro

working part time, he or she likely has another job and does not have the time to focus on quality, instead they are trying to get as much done in as little time a

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

possible.

• Selling your home, you need someone who is going to be advertising and working to sale your home on a full time basis. The less time the agent is spe

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

nding on selling your home, the longer it is on the market and you are losing money.

• A part time real estate agent likely has not taken the time to have additio

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

al training, and certifications to increase the quality of service you would receive. It is a good idea to ask what training the real estate agent has had.

• Ther

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

e are times that sellers or buyers can only be available for showings, signing and closings at specific days and times due to work. Therefore it is hard with a par

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

time agent to set up important appointments because there is a limited amount of time.

For example: A part-time real estate agent can work Monday, Wednesday and

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

Following aspects would a

riday in the evenings from 6:00pm to 9:00pm. The homeowner is available during the day from 8:00am to 5:00pm. This can result in one of two things. First the agent

dd to the challenges in developing combination products:

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

will not try to work with the home at all. Second, the agent will set it up for you to go alone. What is the point of having the agent?

• If you sign an exclusiv

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

ty clause with a part time real estate agent, you are limiting yourself to only being able to have part time help with selling your home, or finding your home.

•

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

You pay the same commission for a full time real estate agent as a part-time real estate agent. Therefore you are getting half the work and effort and paying the f

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

ll price. Who wants half a sandwich when they pay the full price?

• A dedicated real estate agent or broker works normally evenings, weekend, and are often times

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

Professional from academic institutions, pharmaceutical industries, health care indust

on call so that they can meet the needs of their clients. With this in mind, how is a part time agent going to be able to focus their time and skills on your deal

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

f they are warn out, tired, and only able to focus at such small time frames.

With the purchase of a home or selling of a home, the most significant investments y

.

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

ou will make in your lifetime, you deserve to have someone who will be by your side through all the steps. The commission is paid for the services rendered. Whenev

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

Companies that provide selfless information through particip

r something is done part-time, it is likely done part of the way. Who is filling in the work that needs to be done because the agent does not have time to be there

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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