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  • Actual - Real Estate Agents, Mortgage Reps, Escrow and Title Reps Falling off

    Where are all of our Real Estate professionals off too? Has everyone piled enough money away to take extended vacations? The number of professionals still successfully operating are falling daily. Accord
    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
    ing to several local Real Estate agents, Mortgage reps,and Escrow officers, the number of successful Escrow transactions have dropped significantly and continue to head down a dark path for all Real Esta
    ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

    Examples of combination products may in
    te professionals. There are a few success stories in the industry but they are few and far between here and there with respect to area and location. Report confirm that in some markets, homes are selling
    lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

    that is when they do sell, are selling for less or a cost then automobiles.

    Things have definitely tighten up. When there is a drought in any profession, heads began to roll and the finger pointing beg
    here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
    ins. Those who were taking their cake and eating it too began to get wind of their own funk, according to many struggling Agents and Reps. The Pre-Madonna's in the industry pull their heads from where th
    d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

    Combination pro
    e sun doesn't shine to see the whole world and not just the little bubble of a world that they created do to a successful run. Those runners are coming to a very slow jog.

    Mortgage consultants through o
    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
    t the industry are speaking out about their relationships with Real Estate Agents who would not give them the light of day to do business. In house, LO's, speak of Real Estate Agents no longer showing up
    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
    at the local Real Estate offices for weeks at a time and those who do show up, do so to find out how to get the jump on some one elses idea. Where are they? Vacation perhaps?

    Those Agents who were st
    nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
    ruggling are goners, and those Agents who were doing great are falling below doing good enough to stay active in the field. A good Agent is a dream come true for a Seller or Buyer according to one local
    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
    oan officer. Some agents are being accused of only knowing how to fill out a sales contract, but having no idea of what Real,Real estate Agents do to be successful in the business.

    Listings are just not
    ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
    moving off of the market in the successful since of moving, that is from listing to sold, properties are sitting and the Sellers are asking tough questions to there representatives. "When? How much lowe
    ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

    Following aspects would a
    r and longer?"

    Real Estate Agents who represent Buyers are asking their mortgage professionals tough questions as well, "What do you mean you need more time? Why have we not secured this loan?" Transact
    dd to the challenges in developing combination products:

    Which markets to tap where the combination products can do fairly well?
    Which combination prod
    on time allowances have been over extended and gone bad in many cases leaving all parties to the transaction in bitter chaos. "Escrow will not close this week," the Escrow officer say to the Real Estate
    cts are meaningful and rational?
    Which therapeutic categories to select?
    Which Combinations can address unmet needs of the patients?
    Do combin
    Agent. This is becoming more and more common place. It is in this, which leads us back to the questions at hand, Where have the Real Estate professionals gone off too?

    The reality is,Some are holding
    tions increase the patient compliance?
    What would be the developing cost?
    How to tackle the risks encountered during combination product developmen
    steady where they are with their head to the ground. They have weathered a strom or two in their long careers. Some are on long vacations, some are on even longer vacations, they have left the business 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
    r now. They will return when things turn around. When all one has to do to stay active as an Agent is to pay dues, why not go into a more traditional roll? 9 to 5 isn't so bad when your getting your bill
    ping new procedures for reviewing their safety, efficacy and quality.

    Professional from academic institutions, pharmaceutical industries, health care indust
    s paid and your putting groceries on the table.

    As with any industry, there are the ups and downs and as the old saying goes, "What Goes Up, Must Come Down." We all know that in order for a thing to com
    y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
    e down, it must go up. So with that being said, no one can predict exactly when the Real Estate Markets and industry will turn around for the good of all Real Estate professionals and thoses who they rep
    .

    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
    esent, but the one thing that we all know is that it will turn around.

    In parting and once again, I claim to be no expert or authority on or in the Real Estate Industry. I express that these views and o
    elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

    Companies that provide selfless information through particip
    pinions are just that "views and Opinions" of mine and others who live Real Estate day in a day out. "I do not speak for all". Check out "The Rucker Report" www.theruckerreport.blogspot.com

    C. Rucke


    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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