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Tracy Kasper, president of the National Association of Realtors, has resigned after receiving threats, the industry group announced Monday.
NAR announced in a press release that it had informed its leadership team that Mr. Kasper had “received threats to disclose past personal, non-financial matters unless it jeopardized his standing at NAR.”
Tracy Kasper, president of the National Association of Realtors, has resigned after receiving threats, the industry group announced Monday. (Smith Collection/Gado/Getty Images)
NAR said Ms. Kasper reported the threat to law enforcement and “given the circumstances, we felt it was in the best interest of the organization for her to resign.” Neither NAR nor Kasper disclosed the nature of the “personal issues” that led to the alleged threats.
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“As chairman and as a long-time member of NAR, I have always put NAR's interests first,” Kasper said in a statement. “Given the consequences of recent threats, and the importance of this moment for myself, my family, and the organization, it is time to once again put NAR's interests first. So, with gratitude and a heavy heart, I have mixed feelings.''I sincerely hope that he will immediately tender his resignation as president.'' ”
Tracy Kasper, president of the National Association of Realtors, resigned Monday. (National Association of Realtors/FOX News)
Kasper and her husband have seven adult children and six grandchildren, according to her biography on the NAR website. She is the broker-owner of three real estate companies in Idaho, and she has served on the NAR Board of Directors since 2016.
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Kevin Sears, a Springfield, Massachusetts, native, will replace Kasper as NAR chairman.
NAR is one of the largest trade associations in the United States, representing more than 1.5 million real estate agents. (Nathan Howard/Bloomberg/Getty Images)
Kasper's sudden resignation is the latest in a series of turmoil at NAR in recent months. He only took over as president in August after his predecessor resigned amid sexual harassment allegations, and former CEO Bob Goldberg paid $1.78 to industry groups and multiple brokerages. He resigned earlier than his scheduled retirement date after losing the NAR lawsuit that held him liable for damages. Damages in the billions.
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NAR is one of the largest trade associations in the United States, representing more than 1.5 million real estate agents.
