From REAL Trends, the trusted source for real estate industry news, this is REAL Trending, Episode 63. We're breaking down recent trends and showing how they impact brokers and agents. I'm Steve Murray, President of Real Trends and today we're discussing what does the Realogy Cartus deal mean for the industry and for you? The challenge is when leaders are dismissive, arrogant, or distracted, answering the question, where are your energies invested? And third, some takeaways from third-quarter earnings reports from the publicly held and one privately owned brokerage companies, national organizations.