The National Association of Realtors announced its CEO stepped down days after a federal jury ruled that the group artificially inflated commissions.
The National Association of Realtors announced its CEO, Bob Goldberg, will quit at the end of the month.Thursday that CEO Bob Goldberg will resign earlier than expected, as the group contends with the fallout from a federal lawsuit and a harassment scandal.
The leadership transition comes days after a federal jury found the association – and some residential brokerages, including units of Warren Buffett'sThe jury's verdict also has the possibility to upend practices by real estate agents to boost commissions as home prices continue to rise. The trade group plans to appeal and seek reduced damages.Starting Nov.
. He has spent three decades at NAR. Goldberg will continue to serve as an executive consultant through the transition, the association added."I am grateful for the privilege of leading NAR and confident that the association will continue delivering incredible value to its members for generations to come," he said.
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