"In 2024, the compensation packages of executives at the association came under scrutiny and in 2025, members of the Pro-Agent Restore Trust in NAR Working Group demanded that NAR answer questions about its balance sheet. While NAR's 2024 Form 990, filed in mid-November 2025, did show leaders and executives enjoying fewer lavish perks than the year prior, three executives, including CEO Nykia Wright made over $1 million in 2024, and travel expenses for association leaders came in at $8 million for the year."
"Although the report mentioned various cuts and reductions, Cantrell lamented the lack of specific information. Tell us WHAT you have done, and STOP telling us what you are GOING to do, he wrote. Among the questions Cantrell wishes the report answered are: Why the top five people were paid $6,951,739 in 2024? What were those same paid in 2025? And why is NAR invested in their own venture capital firm called Second Century Ventures?"
The report omitted membership numbers, hindering assessment of organizational health. NAR's finances have been contentious, with executive compensation scrutinized in 2024 and demands for balance-sheet clarity in 2025 from the Pro-Agent Restore Trust in NAR Working Group. The 2024 Form 990, filed mid-November 2025, showed fewer lavish perks but revealed three executives, including CEO Nykia Wright, earned over $1 million and travel expenses totaled $8 million. The broker working group has not publicly commented. Brokerage leaders expressed mixed reactions. Cantrell criticized the lack of GAAP-formatted specifics, questioned top-five pay totaling $6,951,739, and probed NAR's investment in Second Century Ventures.
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