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NAR President Tracy Kasper Resigns Amid Blackmail Threat

Kevin Sears Steps Up as New President Following Recent Leadership Turmoil at NAR

  • Tracy Kasper, the President of the National Association of Realtors (NAR), has resigned after receiving a blackmail threat related to a 'past personal non-financial matter'.
  • Kasper reported the threat to law enforcement and chose to step down rather than compromise her position at NAR.
  • Kasper's resignation is the latest in a series of executive changes at the NAR, following the resignation of her predecessor Kenny Parcell over sexual harassment allegations and the early retirement of former NAR CEO Bob Goldberg.
  • NAR was recently found liable for $1.8 billion in damages over a conspiracy to keep realtor commissions high, a verdict it is currently appealing.
  • Kevin Sears, the association's current president-elect, will replace Kasper as president.
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