Yes.Earnest money was given to our realtor.
Yes-we made a counter offer with deadline for reply as yesterday .
No.His realtor and ours cannot reach him.
Not sure what ‘release of contract’ is.
He has a realtor and we have our own.
Did the buyer accept your counter-offer, not verbally but signed, within the time period set forth in your counter offer? If he has a Realtor, the buyer would have given the deposit to his Realtor. Not sure about MN real estate practices but RE law is rather universal. I do not understand why the deposit was given to your Realtor and not his, as he is the buyer. The key is, did he sign the acceptance of your counter offer? If so, then he is in breach of contract and the deposit should be distributed to you at some point IF the Realtor actually collected the deposit. If the Realtor didn’t he/she knows they have a big problem.