My realtor paid the 1000.00. I gave him a receipt for the money but did not sign anything else.
I told him that I would be happy to go to mediation in hopes to get his money back, but, I am not paying anything towards it.
Thanks for all of your wonderful advise! It was very helpful...
I did not feel right about signing anything and your advise was confirmation that I shouldn't.
Most C.A.R. offers have safeguards and contingencies for buyers, and sellers, regarding inspection periods. Unless you released in writting any of these contingencies, there is no legal reason for the buyer to not release your earnest money.
From any experienced realtor's view, it would seem as a no-brainer, but because we do not know the details of your specific contract, we can not give legal advice.
Sounds like your agent does not know what they are doing. What state is this purchase occurring in? Every state handles real estate transactions differently.