Washington, DC
CNN
—

Bob Goldberg, chief executive officer of the National Association of Realtors, the nation’s largest trade association, is stepping down, the organization announced Thursday.

Earlier this week, a federal jury in Missouri found NAR and two brokerages conspired to keep real estate agent commissions artificially high and determined they were liable for $1.8 billion in damages.

NAR has faced a difficult year, setting aside the jury verdict and even the troubled housing market.

In August, the NAR president, a member agent Kenny Parcell, resigned amid sexual harassment allegations. Earlier this month, Redfin withdrew its membership from NAR.