June 2025

‘No legitimate justification’: California broker sues NAR over ‘anticompetitive’ dues

A California real estate broker is suing the National Association of Realtors (NAR) over a policy that forces brokers to pay dues for agents who aren’t members of their state, local or national Realtor associations. John Diaz, who’s based in Modesto, claims that NAR’s Variable Dues Formula (VDF) policy penalizes brokers for associating with agents […]

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RARE, a Canadian brokerage featured on reality TV, enters the US market

Canadian-based RARE Real Estate has launched operations in South Florida, marking its official entry into the U.S. market. The move is part of a broader expansion strategy by the fast-growing brokerage, which gained recent attention through its feature on the Amazon reality series “Luxe Listings Toronto.” RARE’s entry into the U.S. market is led by

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Reverse mortgage performance was largely steady in May

Despite a raft of what might seem like contradictory economic data points and a challenged housing market, the reverse mortgage industry largely proceeded as normal based on key performance metrics for May 2025. Home Equity Conversion Mortgage (HECM) endorsements dropped by 1% in May to 2,296 loans, despite recent increases in the expected interest rate

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