“Jerry simply told me that the reason that you got the listing back, and again I’ll pull up the text message right here: ‘I was told there was a buyer,’” James says. “‘Are you escrow?’ ‘No. Not yet.’”
“No, I did not have a written offer in hand,” Madison admits.
“So, you didn’t have a offer in when you got the listing back, though Jerry said you told him you had an offer…” James adds before Madison cuts him off.
“A buyer, not an offer,” he corrects.
“There’s a difference between a buyer and an offer,” Madison explains in a confessional. “And when I told Jerry that I had a buyer, that means that somebody was interested in the property. That’s not a written offer.”
Tune into Million Dollar Listing Los Angeles on Thursday at 9 p.m. ET/PT on Bravo to see what happens next -- and check out ET’s Facebook page at 9 a.m. PT/12 p.m. ET to chat with James and his co-star, David Parnes, about the episode.