NAR Faces Leadership Changes Amid Controversy

Did you hear about the news concerning the National Association of Realtors (NAR)? Kenny Parcell, who served as their President has decided to step down. This decision comes after an in depth article published by The New York Times that shed light on allegations of misconduct within NAR. The article was quite comprehensive featuring insights from 29 employees who raised concerns mainly against Parcell.

Janelle Brevard, an employee of NAR had a disturbing experience which she attributed to ending a personal relationship with Parcell. Although she eventually dropped her lawsuit it certainly added fuel to the calls for Parcells resignation. Industry leaders like Sue Yannaccone from Anywhere Brands expressed their concerns. Stressed the importance of NAR addressing these allegations directly in a LinkedIn post.

In response to mounting pressure Parcell made the decision to step down while strongly denying all allegations. Tracy Kasper, who has been associated with NAR for a time will take over as the new President. She recognizes the challenges ahead. Is dedicated to fostering a respectful work environment. The wider real estate community is now closely observing this development. Hoping for a renewed focus on professionalism and respect within NAR. This information is based on a report, by Marian McPherson dated August 28th, 2023.

Read the article here.