Current:Home > StocksNational Association of Realtors president resigns amid report of sexual misconduct -StockPrime
National Association of Realtors president resigns amid report of sexual misconduct
SignalHub View
Date:2025-04-10 04:18:42
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! (55)
Related
- Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
- The Atlantic Hurricane Season Typically Brings About a Dozen Storms. This Year It Was 30
- At buzzy health care business conference, investors fear the bubble will burst
- Migrant girl with illness dies in U.S. custody, marking fourth such death this year
- Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
- Warming Trends: Stories of a Warming Sea, Spotless Dragonflies and Bad News for Shark Week
- NYC nurses are on strike, but the problems they face are seen nationwide
- Donald Trump Jr. subpoenaed for Michael Cohen legal fees trial
- South Korean president's party divided over defiant martial law speech
- Inside Clean Energy: 7 Questions (and Answers) About How Covid-19 is Affecting the Clean Energy Transition
Ranking
- South Korean president's party divided over defiant martial law speech
- Zendaya Feeds Tom Holland Ice Cream on Romantic London Stroll, Proving They’re the Coolest Couple
- UAE names its oil company chief to lead U.N. climate talks
- Eminent Domain Lets Pipeline Developers Take Land, Pay Little, Say Black Property Owners
- Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
- Judge overseeing Trump documents case agrees to push first pretrial conference
- Inside Clean Energy: 7 Questions (and Answers) About How Covid-19 is Affecting the Clean Energy Transition
- Cold-case murder suspect captured after slipping out of handcuffs and shackles at gas station in Montana
Recommendation
Gen. Mark Milley's security detail and security clearance revoked, Pentagon says
Unsolved Mysteries: How Kayla Unbehaun's Abduction Case Ended With Her Mother's Arrest
New York City nurses end strike after reaching a tentative agreement
The Corvette is going hybrid – and that's making it even faster
In ‘Nickel Boys,’ striving for a new way to see
As prices soar, border officials are seeing a spike in egg smuggling from Mexico
Kourtney Kardashian Is Pregnant, Expecting First Baby With Husband Travis Barker
Britney Spears' memoir The Woman in Me gets release date