Washington, DC – Tracy Kasper has resigned as president of the National Association of Realtors (NAR), citing alleged blackmail, according to a statement from the association. Kasper, who took over as president in August following the resignation of the previous president amid sexual harassment allegations, reported that she had recently received a threat to disclose a personal, non-financial matter unless she compromised her position at NAR.
Instead of succumbing to the blackmail, Kasper alerted law enforcement and made the decision to step down from her role as president. This move was seen as best for the organization, according to the association. In a statement, Kasper expressed her commitment to prioritizing the interests of NAR throughout her tenure. She stated, “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.”
Kevin Sears, the president-elect of NAR and a broker and partner at Sears Real Estate in Springfield, Mass, will take over as president immediately. The association did not provide additional details regarding the nature of the blackmail threat or the personal matter involved. This developing story will be updated as more information becomes available.
In summary, Tracy Kasper has resigned as president of the National Association of Realtors, alleging blackmail. After receiving a threat to disclose a personal matter, she chose to report it to law enforcement and step down from her position in the interest of the organization. Kevin Sears, the incoming president-elect, will assume the role of president immediately.