An “out” is for the purpose of the “out”, not for “change of heart”. I think what the agent is trying to tell you is to use the out as intended, and an attorney can advise you how to do that. Did you sign the mandatory membership thingie yet and send your $50? If that was your “out”, to refuse to join based on the Rules and Regs or something, you can’t say “I had a change of heart”. You have to object to the membership for some reason.
I see no reason to be miffed at the agent. She can’t counsel you to break a contract, but she clearly is trying to point you in the right direction…to an attorney.
Most times you only have 3-5 days to use this out clause, so time is of the essence. If you know you want out, find the legal way fast and get out. Don’t release the Earnest Money. Talk to an attorney.
If you have a Finance Contingency (most people do) just send a written letter to the lender disclosing the issue at work. If they deny you based on the same fear that you have, once you have disclosed that fear to them, then you may have an out under the finance contingency.
You can’t just say “I had a change of heart” and then use any old “out clause” like a Wild Card. The out reason has to match the out clause. Your change of heart and fear has to do with the security of your job. Disclose that to the lender and if your fear is valid, it will become their fear as well. That might be the best solution, but don’t sign a release and speak to an attorney. A short consult may suffice and shouldn’t cost much. Make sure you bring your contract and the release form and possibly your agent as well.
Hope that helps.