Tracy Kasper

Blackmail Threat Leads To Resignation Of NAR President

Posted on by TMN Editor
By KIMBERLEY HAAS The president of the National Association of Realtors has stepped down after allegedly receiving a threat to disclose a past personal matter. Tracy Kasper reported the threat to law enforcement and informed NAR’s Leadership Team. The threat involved a non-financial matter, according to a press release. “As president and a long-time member of NAR, I always have put the interests of NAR first. 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…

Value Of Realtors Hot Topic In Wake Of Legal Actions

Posted on by TMN Editor
By CHUCK GREEN and KIMBERLEY HAAS The full impacts of legal actions being taken against the National Association of Realtors are still not clear, but industry leaders are advocating for agents, saying they offer valuable expertise. In October, a Missouri jury ordered the association and two of the nation’s biggest real estate brokerages to pay almost $1.8 billion in damages after they found that commissions were artificially inflated to pay agents. Fresh off winning the verdict, attorneys for the plaintiffs filed a new lawsuit seeking class-action status covering anyone in the country who sold a home in the last five years. NAR’s President Tracy Kasper said in a statement at the time that they will appeal the liability finding, and…