The Agency’s Zarbod Zanganeh Booted From Vegas Board

The Las Vegas Realtors has fired a prominent luxury real estate broker from its board after a blistering year of fights, resignations and strife.

Nevada’s largest nonprofit trade association removed Zarbod Zanganeh, an agent with The Agency, who was elected in August to serve through 2027, the Las Vegas Review-Journal reported, citing an email to its members.

The LVR board said in the email that Zanganeh is “no longer” a director of the Greater Las Vegas Association of Realtors, known as the LVR, effective immediately. It didn’t include a reason for the suspension.

“It’s unfortunate that Mr. Zanganeh has taken to social media and the press to malign the organization and spread falsehoods about the reason he has been removed from his position in leaderships,” the LVR board told its 15,000 members.

“Because he has stated he will be suing the organization, Las Vegas Realtors is limited in what it can publicly say at this time. But make no mistake, the organization stands ready to expose the truth behind Mr. Zanganeh’s accusations head on should he carry out his threat.”

The Las Vegas Realtors didn’t respond to a request for comment from the newspaper.

Zanganeh, managing partner for The Agency, has more than 20 listings at more than $1 million, with properties in Henderson for $20 million, $10.2 million and $10 million, and one in Las Vegas for $8.5 million. He began his term at LVR in January, after a controversial election.

The Spanish-born broker said in a text message to the Review-Journal that his removal from the LVR board was “a godsend,” and that the trade group has a long pattern of “discrimination and retaliation by playing these kinds of games.”

His firing is just the latest incident to cast a national spotlight on the Sin City real estate group.

In January, Merri Perry, LVR’s outgoing president, and Joshua Campa, who was to succeed her this year as president, quit on the same day. That led to an apology by then president-elect George Kypreos, who released a video on YouTube saying the days of its “neon lights, cheap tricks and endless distractions” were over.

The Realtors’ tumultuous year began in March with a ”physical altercation” between two agents at a board meeting, ending with police summoned to the scene.

Last fall, members of the association filed formal complaints to the Nevada Attorney General’s Office about the LVR leadership structure and the alleged election meddling.

In August, dozens of agents stormed the Las Vegas Realtors headquarters demanding an independent investigation and transparency into alleged election interference by LVR CEO Wendy DiVecchio.

DiVecchio had just been temporarily booted from her office after she was accused of interfering in the 2025 election of board officers and directors. In February, DiVecchio sued LVR for wrongful termination and high-profile brokers for wrongful termination and/or defamation.

Law firm Greenberg Traurig was hired to conduct a third-party investigation into the allegations, but never released the report for public review.

— Dana Bartholomew