Tag Archives: Kenny Parcell

Kevin Sears says NAR ‘is going in the right direction’ since commission suit

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Sears was optimistic, but said that NAR membership is projected to drop by 150,000 members and that the organization will face a $30 million deficit. Continue reading →

Appraisal Institute ousts vice president amid ongoing turmoil

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Craig Steinley was voted out Wednesday by a two-thirds majority of the Institute’s 28-member board, less than two weeks after a New York Times exposé surfaced harassment and misconduct allegations. Continue reading →

5 key steps for identifying and dealing with toxic leadership

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If you’re in a toxic workplace environment, team leader Carl Medford offers insights for identifying the issues and removing yourself from unhealthy professional dynamics. Continue reading →

Countdown as big chunk of $418M commission settlement comes due

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As NAR’s spending comes under the microscope, an Inman analysis of financial filings shows how it doled out funds prior to 2023 — and the likelihood of membership dues rising in the coming years. Continue reading →

NAR vows to assess legal risk of current policies

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New CEO Nykia Wright told NAR’s board of directors the trade group’s next step will be to develop a “comprehensive” litigation strategy and size up any additional legal exposure related to its rules. Continue reading →

R New York becomes 1st big brokerage to join NAR challenger

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With the addition, roughly 800 agents will boost the American Real Estate Association’s membership by nearly 30 percent to about 3,800 members. Continue reading →

NAR halts ‘presidential initiatives’ for next 2 years amid turmoil

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The trade group will not take on pet projects for the duration of NAR President Kevin Sears’ tenure, which is slated to last until November 2025, he told NAR’s Board of Directors Wednesday morning. Continue reading →

Umansky says industry is in ‘trouble’ as he debuts NAR rival

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The founder of The Agency is part of a team launching the American Real Estate Association as NAR continues to face criticism and legal trouble. Continue reading →

NAR president sidesteps palace intrigue in 1st address to members

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Newly installed NAR President Kevin Sears will remain in position for nearly two years after replacing Tracy Kasper on Monday. In a video to members he focused on legal challenges and core business. Continue reading →

Realtors fear damage to NAR brand beyond repair following Kasper exit

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Members already reeling from a series of accusations and leadership changes told Inman Tracy Kasper’s resignation as president after less than five months doesn’t bode well for NAR’s reputation. Continue reading →