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  • Actual - Is Your Listing Priced To Sell Or Priced From Hell?

    I can`t emphasize enough that price is what dictates the market when selling Real Estate.

    If you`re pricing a home today,it`s much
    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
    wiser to make sure the sellers don`t have delusion's of grandeur in thinking they`re home is worth more than the market bears.

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

    Examples of combination products may in
    in point.

    I just got back from a listing appointment in Cooper City,Florida it`s a beautiful 4bed,3ba,2Cg SFH in a very nice commun
    lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

    ity.It`s been listed for $544,000. The first Realtor held the listing since July,2005. The second one has held the listing since Nov
    here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
    2006.

    Both of them it seems never bothered to explain to the seller that the home is "Priced Too High", can you imagine keeping a
    d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

    Combination pro
    listing on the MLS for such a long period of time?

    I spoke to the seller in great detail, showed them the comps, closed sales,pendi
    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
    g sales and expired!

    It`s my opinion that we should list this home for $495,000. The seller looked at me as if I was from another p
    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
    lanet somewhere in the solar system.

    They told me under no way shape of form would they sell their home under $525,000!

    I have no
    nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
    dea how many of you would handle this type of seller,but I felt that it was time someone "told these people the truth"..

    The conver
    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
    sation is as follows:

    Me: The home has been listed since July 2005! Do you realize this is an extremely long time for the home to s
    ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
    ay on the market!

    Seller: We have to have a break even point in order to purchase our next home in Tennessee!

    Me: That's great,but
    ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

    Following aspects would a
    the market has shown that the actual sale price is too high for this area, aren`t you concerned?

    Seller: The first agent we felt wa
    dd to the challenges in developing combination products:

    Which markets to tap where the combination products can do fairly well?
    Which combination prod
    sn`t doing their job properly, the second tried but didn`t bring us any buyers, which we blame them for.Our home is gorgeous! The AC
    cts are meaningful and rational?
    Which therapeutic categories to select?
    Which Combinations can address unmet needs of the patients?
    Do combin
    is almost new (5yrs,) the Roof is in great shape ( 12 years) and the appliances are rarely used (9yrs old).

    Me; Again, that`s all w
    tions increase the patient compliance?
    What would be the developing cost?
    How to tackle the risks encountered during combination product developmen
    ell and good, but two years on the market indicates that there are issues with the price! Don`t you want to address what the real pr
    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
    blem is?

    Seller: You`re the first one who`s fixated on the price, we need to sell for $525,000 and won`t consider less! It`s not ou
    ping new procedures for reviewing their safety, efficacy and quality.

    Professional from academic institutions, pharmaceutical industries, health care indust
    r problem how you locate a buyer, our selling price is firm!

    I won`t go into more details except to tell you I looked at the seller
    y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
    and my watch, told them it was a genuine pleasure meeting them and explained that if they`d like to sell their home to give me a cal
    .

    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
    l.

    I can`t tell you I took the listing, I did however tell them their gorgeous home will probably remain on the market for another
    elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

    Companies that provide selfless information through particip
    year or so!

    The market is overflowing with overpriced listings, I`d rather sell a home that is priced to sell,not priced from hell


    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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