Tracy Kasper, a REALTOR® from Nampa, Idaho, is a former President of the National Association of REALTORS®.
Courtesy: NAR
The president of the National Association of Realtors on Monday stated she was resigning as a consequence of a blackmail threat that sought to “compromise” her management position.
NAR President Tracy Kasper stated she had notified the group’s management crew “that she not too long ago obtained a threat to reveal a previous private, non-financial matter until she compromised her place at NAR.”
Kasper “refused to take action and as an alternative reported the threat to regulation enforcement,” NAR stated in an announcement.
President-elect Kevin Sears will instantly step into the publish on the group, which represents greater than 1.5 million members working within the residential and industrial actual property industries.
NAR in its assertion stated, “The Leadership Team is deeply involved about any try and undermine its governance and, consequently, is taking steps to guard the integrity of the group.”
Kasper’s predecessor as president, Kenny Parcell, resigned in August, two days after The New York Times printed a narrative detailing claims he had sexually harassed ladies he labored with.
NAR CEO Bob Goldberg resigned in November, months sooner than deliberate, after a federal jury discovered the group and a few residential actual property brokers had been chargeable for a conspiracy to artificially inflate brokers’ commissions from house gross sales. NAR was ordered to pay $1.78 billion in that case.
In an announcement Monday, Kasper stated, “As president and a long-time member of NAR, I all the time have put the pursuits of NAR first.”
“As a outcome of the current threat and given the importance of this second for myself, my household and the group, it is once more time for me to place the pursuits of NAR first,” Kasper stated.
NAR declined to remark past its assertion.
– Additional reporting by CNBC’s Diana Olick
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