Kenny Parcell, the trade group's president, steps down after a New York Times report alleged he sexually harassed multiple women.
."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.president-elect of NAR, a non-profit real estate organization with more than $1 billion in assets, in 2021.
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.
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