National Association of Realtors CEO steps down, days after the trade group was found liable for conspiracy to inflate rates

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 even the troubled housing market. In August the NAR president, a member agent Kenny Parnell, resigned amid sexual harassment allegations.

This story is developing and will be updated.