Get all your news in one place.
100's of premium titles.
One app.
Start reading
Fortune
Fortune
Sydney Lake

National Association of Realtors head appointed after sexual harassment scandal, $1.8 billion verdict quits, claiming blackmail

Realtor (Credit: Nathan Howard/Bloomberg via Getty Images)

The National Association of Realtors has been under fire for months now and is still reeling from a late October 2023 verdict, when a jury ordered the organization and others to pay nearly $1.8 billion in damages to a class of more than 250,000 home sellers. On Monday, the organization took a fresh hit when president Tracy Kasper announced her resignation, claiming she was being blackmailed with a matter so severe she reported it to law enforcement.

The threat was to “to disclose a past personal, non-financial matter” unless she compromised her position at NAR, according to a statement from NAR on her resignation. Kasper had only been officially sworn in in late November 2023, although she assumed the role the previous August. Kasper couldn’t be reached for immediate comment about the matter.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.