If today they are at the head of a flourishing company and stars of a television show, Sandrine and Olivier Kretz could never have embraced success. The couple of real estate agents had been the victims of a scam in their early days which could have cost them dearly.
THE Kretz are back ! The famous family of real estate agents launched the fourth season of the real estate series with great fanfare The Agency on TMC on Thursday, January 11, which is sometimes attended by famous buyers. And obviously, it’s still a success! It must be said that luxury real estate is doing well, while the crisis is hitting the sector head-on, as reported by our colleagues at West France by revealing the results of a study carried out on the very attractive city of Nantes.
The couple behind this newly renamed agency Kretz Real Estate and whose offices are located in Boulogne-Billancourt (Hauts-de-Seine) took his entire family on board this professional and audiovisual adventure, namely their four boys Martin, Valentin, Louis and Raphaël. Together, they share sums which can reach high figures considering the goods for which they are mandated. “We earn 3% on the total amount of a transaction“Martin reported in 2022 (Leisure TV), while Majo’s daughter congratulated herself on having achieved “around a hundred sales, or around 250 million euros in value sold” that same year (Echos Start).
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A fine of several tens of thousands of euros
But before achieving success and reaping so much profit, the couple had to face challenges, one of which in particular could have cost them dearly. At the very beginning of their career, Sandrine and Olivier Kretz bought “for 30,000 euros a license to a former classmate whose agency is located in Switzerland“reports Le Figaro. The two spouses have the mission of selling all the goods listed in the catalog and must at the same time offer new ones, and “don’t get paid until they sell”. “However, every time they find a buyer, the Swiss tell them: ‘Ah, that’s bad luck, this apartment has just been sold’”they remember for our colleagues.
One thing led to another, Sandrine and Olivier Kretz understood that in reality all the goods had already been sold. In fact, both are exploited for “to replenish the catalog” from the Swiss agency. Even worse ! Another agency, located in France this time, wants to attack the Swiss for the name they gave to theirs which is similar. However, the brand is not registered in France…”The Swiss prove to be insolvent“so it is indeed the couple who had to pay the fine which amounted to 50,000 euros. Fortunately, this is now ancient history and we can say that the tandem of real estate agents has managed to bounce back given its current notoriety.
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