Real estate agents insulted and rejected because of Stéphane Plaza

The presenter’s legal setbacks hit the franchisees of his real estate agency, who suffered losses and received insults. Many of them therefore want to leave the brand.

Dozens of Stéphane Plaza Immobilier franchisees have started steps to leave the brand in the face of the repercussions of the presenter’s trial and real estate agent Stéphane Plaza, AFP learned from their lawyers.

Lawyer specializing in real estate law, Me Sarah Laassir told AFP that she had “discussions with around ten Stéphane Plaza” Real Estate franchisees wishing to “exit the franchise”, confirming information from France Inter.

As written by The Parisian et Le FigaroMe Valentin Simonnet, adds, for his part, advising “several dozen franchisees who want to leave the network and who have initiated the pre-litigation process, that is to say letters of formal notice, without referral to the court for the moment”.

Image crisis and economic crisis

The network of real estate agencies of the same name as the host, 51% owned by the television channel M6, was launched in 2015 and had 660 agencies in 2022.

But the trial for domestic violence of Stéphane Plaza, against whom 18 months of suspended imprisonment and a fine of 10,000 euros were required, adds an image crisis to an economic crisis for the agencies that bear its name which is already penalizing the entire real estate sector.

“Since the media coverage of the affair, customers no longer want to put up signs on facades with the name of Stéphane Plaza, in prospecting we are told more about the affair than about business, we have a drop in attendance, we lose sales mandates», Lists a franchisee Stéphane Plaza Immobilier, who does not wish to be identified because he is currently in negotiations with the group to end his franchise contract.

“Too dangerous” sign

Another franchisee, at the head of two Stéphane Plaza Immobilier agencies, spoke to AFP insults, a loan refused by his bank because “the Stéphane Plaza sign is considered too dangerous” and departures of collaborators, since the publication in September 2023 of testimonies from former companions of Stéphane Plaza by Mediapart.

She also initiated negotiations to leave the franchise and wishes to remain anonymous. Her franchise contract will only expire in one year and, as such, the brand is asking her to reimburse the royalties she would have had to pay during this period in the event of a breach of contract, she explains to the AFP.

But in the middle of the real estate crisis, which has seen a massive drop in transactions for old housing, her coffers are dry and she assures that she “has two months of life ahead of (her) if (she) does not get out” of the franchise .

Validity of franchise contract

“We just want to work in good conditions, if we pay a franchise fee it’s so that it serves a purpose, today it’s doing us a lot of harm,” believes the first franchisee quoted in this article. “I have lost between 5 and 10 mandates since the start of the summer, that represents almost 100,000 euros in lost turnover,” he adds.

Contacted by AFP, the Stéphane Plaza Immobilier network did not wish to comment on the subject.

For Me Valentin Simonnet, if Stéphane Plaza is convicted of “habitual physical and/or psychological violence by a partner” against two former partners, the question arises of the validity of the franchise contract “from the moment the brand is no longer what it was at the time of signing the contract. (jzs/afp)