Looks like Taylor Swift has some Bad Blood with one of her real estate agents. Swift was recently served with a lawsuit after a dispute over agency representation.
It’s just one more example of why you always get buyers to agree to representation in writing even if your client is a high-profile celebrity.
A little more than a year ago, Taylor Swift decided she wanted to say Welcome to New York by purchasing another NYC home. That’s when agent Andrew Azoulay stepped in and said You Belong With Me and my brokerage (Douglas Elliman).
Azoulay says the events go Back to December 2016 when he began showing Swift’s management team potential homes.
In January 2017, he showed her team a 5,148 square-foot off-market property at 153 Franklin Street - that happened to be right next door to Swift's current townhome. In February, Azoulay introduced Swift’s team to the owners of the Franklin Street home to get negotiations underway.
Call It What You Want, but by March, Swift’s team apparently ghosted Azoulay. All communication dropped off with no explanation. Azoulay figured Everything Has Changed, and Swift was no longer interested in the property.
Then seven months later Swift bought 153 Franklin through another brokerage. That prompted Azoulay to do something he never thought he’d do in his Wildest Dreams. He slapped the mega pop star with a breach of contract lawsuit.
Is Taylor Swift just plain Mean? Will Swift admit I Did Something Bad? Or is Swift’s team going to say Don’t Blame Me?
Exhibit A - The Written Agreement
Azoulay claims he had a written agreement to exclusively work with Swift on the Franklin Street sale. Azoulay produced an email as proof.
In the email, Ryan Malutinok, a member of Swift’s company Firefly Entertainment Inc./13 Management, states they intended to work with Azoulay “solely regarding the viewing and any other needs at 153 Franklin.” However, the sale was handled by Euro Tribeca - another of Swift’s companies.
But no one is Out of the Woods yet.
Exclusivity is one issue and whether the email constitutes a contract is another. State law will dictate whether the email is a binding contract that puts Swift’s companies in breach. The two sides may also battle it out over what was meant by “any other needs” in the email.
Right about now Swift is probably thinking I Knew You Were Trouble, and Look What You Made Me Do is probably Azoulay’s anthem jam.
If Azoulay wins the suit he’ll have one heck of a commission check coming his way. He’s suing for $1,080,000 in damages.
Azoulay’s lawsuit states that the settlement includes the 6% commission he would have made on the sale based on what the pop princess likely paid for the home.
Will Swift Shake It Off or pay the settlement? Only time will tell, but one thing’s for sure. After the current dispute, both parties agree - We Are Never Ever Getting Back Together.