Current:Home > StocksNational Association of Realtors president resigns amid report of sexual misconduct -DollarDynamic
National Association of Realtors president resigns amid report of sexual misconduct
NovaQuant Quantitative Think Tank Center View
Date:2025-04-09 11:11:54
The president of the National Association of Realtors has resigned only days after the New York Times reported allegations that he sexually harassed several women who worked at the powerful trade group.
Realtor Magazine, which is published by NAR, said Parcell had resigned Monday in wake of the Times's August 26 story, which detailed the experiences of three women who accused the former executive of inappropriate conduct. The women allege Parcell sexually harassed them in a variety of ways, including through "improper touching" and sending "lewd photos and texts," according to the Times.
Neither Chicago-based NAR nor Parcell, a Utah real estate agent, responded to a request for comment. But he denied any wrongdoing in a letter to NAR board members published by real-estate news website RISMedia. "I am deeply troubled by those looking to tarnish my character and mischaracterize my well-intended actions," Parcell said in the letter, according to the site.
Parcell was named president-elect of NAR, a non-profit real estate organization with more than $1 billion in assets, in 2021. The Times' investigation — which incorporates accounts from 29 current and former NAR employees and cites 16 allegations of sexual harassment or abusive conduct against Parcell — also detailed a "deep-rooted system of intimidation" at NAR aimed at silencing workers who complained about such conduct.
New NAR President Tracy Kasper, who stepped in following Parcell's exit, vowed to reform the organization's culture in a statement on Monday.
"I'm incredibly sorry for what's led us here," she said. "We recognize there is lots of concern, anger and disappointment, and we want to acknowledge the people who have come forward."
NAR is forming a presidential advisory group to "make recommendations for ensuring a healthy relationship between staff and members," in addition to encouraging employees to speak up about harassment they may have experienced at the organization, according to Kasper.
- In:
- Sexual Harassment
- Lawsuit
- Real Estate
veryGood! (542)
Related
- Former Danish minister for Greenland discusses Trump's push to acquire island
- Expect more illnesses in listeria outbreak tied to Boar's Head deli meat, food safety attorney says
- Sudden death of ‘Johnny Hockey’ means more hard times for beleaguered Columbus Blue Jackets
- Murder on Music Row: Shots in the heart of country music disrupt the Nashville night
- Taylor Swift makes surprise visit to Kansas City children’s hospital
- Police say 1 teen dead, another injured in shooting at outside Michigan State Fair
- These Jewelry Storage Solutions Are Game Changers for Your Earrings, Bracelets, & Necklaces
- Venice Film Festival welcomes Pitt and Clooney, and their new film ‘Wolfs’
- Could your smelly farts help science?
- Nick Saban cracks up College GameDay crew with profanity: 'Broke the internet'
Ranking
- The Best Stocking Stuffers Under $25
- What restaurants are open on Labor Day? Hours and details for McDonald's, Chick-fil-A, more
- School is no place for cellphones, and some states are cracking down
- These 10 old Ford Mustangs are hugely underappreciated
- Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
- NASCAR Darlington summer 2024: Start time, TV, streaming, lineup for Cook Out Southern 500
- California lawmakers seek more time to consider energy proposals backed by Gov. Gavin Newsom
- Giving up pets to seek rehab can worsen trauma. A Colorado group intends to end that
Recommendation
Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
Are grocery stores open Labor Day 2024? Hours and details for Costco, Kroger, Publix, Aldi, more
How long does it take for the pill to work? A doctor breaks down your birth control FAQs.
US wheelchair rugby team gets redemption, earns spot in gold-medal game
Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
4 killed, 2 injured in Hawaii shooting; shooter among those killed, police say
Harris looks to Biden for a boost in Pennsylvania as the two are set to attend a Labor Day parade
Are college football games on today? Time, TV, streaming for Week 1 Sunday schedule