Thanks for the replies. My husband had the copy of the relocation company's contract and they will not accept a contingency/HC.
What happens is the relocation buys the house from us and all sales go through the relocation company. Therefore we cannot accept any contract until the relocation sees it and OKs it. We actually will be selling the house to the relocation company, they in turn sell it to the new buyer. It does have it's benefits, but we have to accept offers they deem reasonable. Of course they have a track record of getting homes sold quickly to protect.

But thank you again, this clears many questions because we do have to buy another house at our new location.
Good Evening
K

Don't know your area or your paperwork. I am not even familiar with the term Hubbard Clause. I am assuming you're talking about a home sale contingency. Instead of accepting that, I've had luck with countering with a term that allows a more flexible closing date - (i.e. we can delay the closing date up to 90 days, but you MUST buy the house within that time). It doesn't work in all cases, but it does work fairly well.

Keerie
I do not work in your market, nor do I know your relocation company's policy, which should be reviewed before you respond.

That being said, there are a number of options that you have, and your relocation company and Realtor would be the best sources of advice.

Generally speaking if you are in a buyers' market (where there are more homes than buyers), you have a couple of options:
1. Reject the offer
2. Accept the offer with the sell contingency
3. Accept the offer with a provision that the buyers need to lower the price of their home a set percentage per weeks until it sells. 1% per week might do the trick, although 2% might be better. Most homes that do not sell are overpriced.
4. Accept the offer with the condition that it be "Right of First Refusal". That means that you agree on a sales price, and also the condition that you will continue to market the property, if another offer comes in then the buyers have 24 hours to remove their sell contingency or you will take the newer, better offer.

You can see that each one of these has pros and cons, so discussing these with your Realtor and Relo company is a must.

Good luck.