CEO of NAR resigns days after company found liable for conspiracy

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The longtime CEO of the National Association of Realtors (NAR) resigned Thursday after the company was found liable for $1.8 billion in damages.

Bob Goldberg first joined the organization in 1995 and served as chief executive since 2017. He previously announced his plan to retire at the end of 2024.that Goldberg's sudden exit was not related to the recent lawsuit.

The former chief executive of the Chicago Sun-Times, Nykia Wright, will step in as interim CEO, the company"We are immensely grateful for Bob's leadership and decades-long service to NAR. It has been a privilege to work with him in expanding and strengthening our organization, and we congratulate him on his well-deserved retirement," NAR President Tracy Kasper said. "His contributions to our association and our industry have been tremendous.

NAR staffers called for Goldberg's immediate resignation in August after sexual harassment allegations were exposed in anOther real estate groups including Warren Buffett’s Berkshire Hathaway-owned HomeServices of America and Keller Williams Realty were also among the groups found guilty of conspiring.

In the lawsuit, plaintiffs claimed the association and other defendants conspired to drive up the broker commission that clients pay when selling a home. Goldberg said he "determined last month that now is the right time for this extraordinary organization to look to the future."

 

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