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.
The No. 1 green flag I look for before hiring anyone—especially a Gen Z candidate: Kind Snacks founder Daniel Lubetzky. 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.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
National Association of Realtors CEO quits earlier than expected after federal lawsuit lossThe National Association of Realtors announced its CEO stepped down days after a federal jury ruled that the group artificially inflated commissions.
Read more »
Jury Orders National Association of Realtors to pay $1.8 billion in damages for commission controlA bombshell court ruling in the real-estate industry could affect anyone buying or selling a home. A jury has decided that realtors have been conspiring to keep their commissions high.
Read more »
Jury hits National Association of Realtors, real estate companies with $1.8 bln in damagesA U.S. jury on Tuesday said the National Association of Realtors and several real estate companies, including units of Warren Buffett's Berkshire Hathaway (BRKa.N), must pay $1.78 billion in damages for conspiring to artificially inflate commissions that home sellers pay to buyers' brokers.
Read more »
National Association of Realtors CEO Steps Down. Move Comes After Verdict on Commissions.CEO Bob Goldberg is leaving his post earlier than expected.
Read more »
Association CEO: The fate of downtown Seattle is on the ballot'There's a lot at stake in this election, and it's an election about whether we accelerate that progress or we turned backwards,' Jon Scholes said.
Read more »
Jury rules realtors colluded on commissions, must pay $1.8B in damagesA jury on Tuesday said the National Association of Realtors and several real estate companies, including units of Warren Buffett’s Berkshire Hathaway, must pay $1.78 billion in damages for co…
Read more »