The National Association of Realtors (NAR) president has resigned due to alleged blackmail threats. NAR President Tracy Kasper informed the organization’s leadership that “she recently received a threat to disclose a past personal, non-financial matter unless she compromised her position at NAR.”

Kasper had only served in her role for several months. She will be replaced by President-elect Kevin Sears. Her sudden departure is another setback for the beleaguered organization. Kasper’s resignation comes as the NAR has seen a series of leadership changes brought on by legal challenges and a sexual misconduct scandal.

Kasper’s predecessor as president, Kenny Parcell, resigned last year after claims he had sexually harassed women colleagues. In October of 2023, a federal jury found NAR and some residential brokerages, including units of Warren Buffett’s Berkshire Hathaway and Keller Williams, liable for $1.78 billion in damages for conspiring to artificially inflate commissions for home sales.