I used to say that Real Estate brokerage is the ultimate in retrospect as a job to accomplish. That is because it encompasses interactions between buyer, seller, bank, lawyer, state authority and the rules that governing it that keep on changing with time. But if you work on it as a PASSION then No Deal Is Too BIG Deal (Every Deal Can Be Resolved).
To put things in perspective, let me introduce VulcanInternational Hypothesis, which contains string of Formulae:
where S denotes "Success" and Pr denotes "Process related" which literally VulcanInternational Hypothesis means "Success is the product of Process related."
This equation holds true in common practice of marketing eg: selling of insurance policy. As in Real Estate brokerage the equation is not suffice to cover the No Deal Is Too BIG Deal (Every Deal Can Be Resolved). Henceforth a deliberation needed to support the Real Estate brokerage entrepreneurial ecosystem.
In the above equation "Process related" is proportional linear to time domain(t). It represents a straight forward closing deal in Real Estate brokerage with "Willing buyer, willing seller" conceptuality.
In the above equation "Process related" is having "Equation of Degree 4" to time domain(t). It represents quartic function which is define by a polynomial of degree four. This is a non straight forward closing of deal in Real Estate brokerage and commonly happen in 80% of deals or transactions. [In here 80/20 rule is been applied.]
Graph shows polynomial of degree four with 3 critical points. The horizontal axis denotes time(t) and vertical axis denotes Success(S). What does it mean to Real Estate brokerage? In general sense, the maximum number of attempt to close a deal is thrice after which if unsuccessful the intensity of closing is diminishing.
To further deal with unsuccessful dealing/transaction, and as the title of this blog post mentioned "No Deal Is Too BIG Deal (Every Deal Can Be Resolved)" the only way to solve it would be by using "4th Dimension" which is suggested in this research. For those watching movie: Interstellar (was on silver screen in 2014), the 4th Dimension element should be familiar and understood.
So the next time you cannot make a closing deal/transaction in Real Estate brokerage, remember that there's a "4th Dimension" that you could use to resolve it. Boldly go. LLAP
Hope this article bring some excitements in your brokerage life...math is fun and proven(Q.E.D.), where practical transcend as to theory.
Note: If you've factory/warehouse/land/commercial building/condominium/house to sell/let or intent to buy/rent one, do call Mr Vulcan Lau +6 016 451 1321 . We will match the buyer/tenant or seller/landlord for you from our MLS.
