Current:Home > NewsNational Association of Realtors president Tracy Kasper resigns after blackmail threats -MoneyTrend
National Association of Realtors president Tracy Kasper resigns after blackmail threats
View
Date:2025-04-14 11:50:06
The National Association of Realtors president is resigning due to alleged blackmail threats.
According to a press release released on Monday Jan. 8, NAR President Tracy Kasper informed the organization's leadership that "she recently received a threat to disclose a past personal, non-financial matter unless she compromised her position at NAR."
"As president and a long-time member of NAR, I always have put the interests of NAR first. As a result of the recent threat and given the significance of this moment for myself, my family and the organization, it is again time for me to put the interests of NAR first. So, it is with a mix of gratitude and a heavy heart that I submit my resignation as your president effective immediately," Kasper said.
Her resignation comes as the NAR goes through leadership changes brought on by legal challenges and a sexual misconduct scandal. Kasper had only served in her role for four months, and will now be replaced by President-elect Kevin Sears.
Moon landing canceled:US moon lander encounters 'anomaly' hours after launch: Here's what we know
Leadership shakeup after Tracy Kasper resignation
Sears will be the third president the organization has had in six months. Kasper took over as the head of the group after her predecessor Kenny Parcell resigned following a report by the New York Times that employees accused him of sexual harassment. He's denied the allegations.
In November, CEO Bob Goldberg resigned after a federal judge fined the NAR $1.78 million after finding that the group alongside some residential real estate brokers was liable for a conspiracy to inflate brokers’ commissions from home sales artificially, CNBC reported.
The NAR did not respond to USA TODAY's request for comment and has not released any additional information on the nature of the blackmail against Kasper or by whom.
veryGood! (447)
Related
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- Former corrections officer sentenced to 4 years for using excessive force
- Victorinox says it's developing Swiss Army Knives without blades
- Get 50% Off Adidas, 80% Off Peter Thomas Roth, 60% Off Pottery Barn & 97 More Deals
- Nearly half of US teens are online ‘constantly,’ Pew report finds
- Friends, former hostages praise Terry Anderson, AP reporter and philanthropist, at memorial service
- Kris Jenner Shares She Has a Tumor in Emotional Kardashians Season 5 Trailer
- Who is in the 2024 UEFA Champions League final? Borussia Dortmund to face Real Madrid
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Despite numbers showing a healthy economy overall, lower-income spenders are showing the strain
Ranking
- Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
- PGA Championship field to include 16 LIV Golf players, including 2023 champ Brooks Koepka
- Retired pro wrestler who ran twice for Congress pleads not guilty in Las Vegas murder case
- 14-year-old Cavan Sullivan signs deal with Philadelphia Union that will land him with Man City at 18
- See you latte: Starbucks plans to cut 30% of its menu
- The Best Suits for Women That’ll Make Going Into the Office During the Summer a Little More Bearable
- Michigan former clerk and attorney charged after alleged unauthorized access to 2020 voter data
- Heineken pledges nearly $50 million investment for transforming tired pubs in U.K. into eco-friendly faces of resilience
Recommendation
Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
Skeletons missing hands and feet found at Hitler's former headquarters in Poland — but cause of death remains a mystery
FDIC workplace was toxic with harassment and bullying, report claims, citing 500 employee accounts
Houston police chief retires amid investigation into 264K suspended incident reports
Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
New York City’s watchdog agency launches probe after complaints about the NYPD’s social media use
At least 3 killed as storms slam southeast after tornadoes bring devastation to Midwest
Baby Reindeer’s Alleged Real-Life Stalker “Martha” Reveals Her Identity in New Photo